here is tension at Tiptoe Lane near the Kwame Nkrumah Interchange in Accra following a decision to close down retail shops owned by foreigners. The Presidential Committee on Retail Trade under the Ministry of Trade and Industry decided to take...
  The Bank of Ghana (BoG) has, at its 93rd Monetary Policy Committee (MPC) meeting held yesterday, projected a grim forecast for the country’s economy as a result of the Covid-19 pandemic. The MPC forecasts a huge drop in the...
Parliament has passed the Narcotics Control Commission (2019) Bill into law making the usage of cannabis, popularly called ‘Wee’ in Ghana, for health and industrial purposes legal. The Bill which was passed into law last Friday transforms the Narcotics...
The U.S. Securities and Exchange Commission has charged the Managing Director of the Tema Oil Refinery (TOR), Asante K. Berko, a former banker at Goldman Sachs Group Inc, for “orchestrating a bribery scheme” and arranging at least $2.5 million...
  Mr. Vice President: We suffered dumsor in Ghana between 2005 to 2008 when you were a Deputy Governor of the Bank of Ghana and a member of the Economic management team. Can you remind Ghanaians about any stimulus package you...
On August 16TH,2019 the Bank of Ghana revoked the licenses of 23 insolvent savings and loans companies and finance house companies in line with the Banks and Specialized Deposit-Taking Institutions Act, 2016. The Bank of Ghana has also appointed Mr....
A three-member panel of the Court of Appeal has dismissed an application for Stay of Proceedings by the Bank of Ghana (BoG) in an action instituted by HODA Holdings following the revocation of the license of UniCredit Savings and...
President Nana Addo Dankwa Akufo-Addo, has presented GH¢2 million to one thousand disabled male entrepreneurs, under the Presidential Empowerment for Male Entrepreneurs with Disability (PEMED). Launching the event at Jubilee House on Friday, July 24, 2020, President Akufo-Addo stated that...
The Ecobank Ghana Head Office in Accra was on Tuesday morning, July 21, nearly taken over by police officers who were there to enforce a High Court order over a debt the bank owes a private entity. In a court...
News reaching us indicates that the Chief Executive of the Ghana Bankers Association, Daniel Ato Kwamina Mensah, has reportedly passed away. Sources reports that a notice to members of the Association from its president Alhassan Andani confirmed the demise of...
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