BUSINESS We won’t pay Menzgold customers’ locked up cash – Finance Minister 21st November 2018 Kumasi Online The Finance Minister Ken Ofori – Atta, has stated that government will not pay customers of gold dealership company, Menzgold their locked up investment. Describing the situation as disturbing, Mr.…
BUSINESS Gov’t yet to decide on ADB, NIB merger – Finance Minister 21st November 2018 Kumasi Online Despite announcing plans to merge the Agricultural Development Bank (ADB) and the National Investment Bank (NIB), the government has not yet taken a final decision on the move. Minister of…
BUSINESS GENERAL NEWS The FULL Budget statement of the Government of Ghana for the 2019 Financial Year 15th November 2018 Kumasi Online Introduction 1. Right Honourable Speaker, Honourable Members of Parliament, today the fifteenth day of November 2018, on the authority of the President of the Republic of Ghana, His Excellency Nana…
BUSINESS UT Bank receivers sue Woyome over GHc9.4m debt 14th November 2018 Kumasi Online Receivers of defunct UT Bank have sued businessman, Alfred Woyome, over unpaid loans worth over nine million cedis. Mr. Woyome is being dragged to the High Court along with his…
BUSINESS Capital Bank collapse: Full truth will come out – Otabil 7th November 2018 Kumasi Online The Head Pastor of the International Central Gospel Church, ICGC, and former Board Chairman of now defunct Capital Bank, has told his congregation that the full truth in the ensuing…
BUSINESS Nissan to make Ghana sales hub for W/Africa with assembly plant 7th November 2018 Kumasi Online Ghana has signed a Memorandum of Understanding with Nissan Group of Africa for the establishment of automotive manufacturing industry in Ghana, which will make Ghana the hub for sales and…
BUSINESS GENERAL NEWS BREAKING News: 45 Metro TV Staff LAID OFF! 5th November 2018 Kumasi Online Metro TV Ghana, a privately owned free to air television station in Ghana has laid off 45 staff, MyNews has confirmed. Sources within the company disclosed that the affected persons…
BUSINESS Sandvik Mining marks 20-years of operations in Ghana 1st November 2018 Kumasi Online Twenty years ago, on the 1st November 1998 Sandvik Mining & Construction (Ghana) Limited was incorporated in Ghana to commence business. For this hi-tech engineering firm operating in over 130…
BUSINESS GENERAL NEWS Fuel prices to reduce by a projected maximum of 4%-IES reveals 1st November 2018 Kumasi Online Fuel prices are expected to be reduced at the pumps between 2% and 4% according to projections made by the Institute for Energy Security (IES). A statement issued by Mikdad…
BUSINESS Govt to revamp abandoned affordable houses at $51m 29th October 2018 Kumasi Online Government has secured funding to the tune of 51 million dollars which is to help it revamp all abandoned affordable housing units in the country. About two thousand housing units…
