BUSINESS

Some 164 staff of the defunct UT and Capital banks staff who were absolved by the GCB bank have been sacked from the company over their secondary school results. Even though some of the affected personnel have proceeded to acquire masters degrees, they are being sacked over their WASSCE and SSSCE results, a former staff of the defunct banks has ...

Member of Parliament (MP) for Bolgatanga Central, Isaac Adongo, has called on the Securities and Exchange Commission (SEC) as a matter of urgency to act professionally to secure depositors funds at Databank and seize the opportunity to do a thorough regulatory compliance review and assurance of the financial institution. According to him, the Chief Executive Officer, Kojo Addae-Mensah has been ...

It is a question that always comes up in any country that has implemented and deployed the 4G technology. Now, in the wake of Vodafone’s impending 4G launch on March 19th, 2019, this crucial question has been popping up on the telecom company’s social media platforms. A curious me set out to research into this and find out for myself ...

The Association of the Ghana Industries (AGI) has urged government to put in measures that will stabilize the cedi against the dollar. This follows a recent announcement by the Finance Minister, Ken Ofori-Atta, that the free fall of the cedi against the dollar, will be curtailed in the coming weeks. The cedi has depreciated against the dollar from GHC 4.9 ...

Vice President, Dr Mahamudu Bawumia, has challenged investors to constructively engage their African counterparts as the governments and peoples of the continent gear up to take their destinies in their own hands and assume their rightful places in the comity of nations. According to Dr Bawumia, “Africa is on the move; a continent eager to shake off past failures due ...

The Public Utilities Regulatory Commission (PURC) is visiting the ongoing construction site of the road interchange at Pokuase on Monday, March 18. The construction work has necessitated the diversion of GRIDCo’s 330kV transmission line towers that run from Tema to Aboadze, plunging parts of the country into darkness. The PURC said the visit will afford them the opportunity to have ...

A government delegation comprising a team from the Ministry of Finance and officials from the Bank of Ghana (BoG) will today begin a Eurobond road show. Government is planning to raise three billion dollars through the bond to cater for infrastructure development in the 2019 budget as well as retire some maturing debt. The Minister of Finance Ken Ofori Atta ...

Businessman and politician, Dr. Papa Kwesi Nduom appeared to have lost his cool when one of his follower who sought to suggest under an article he posted on Saturday, March 16, 2019 that he [Nduom] spearheaded the sale of 90% of Ghanaian industries to expatriates during the Rawlings era. The Facebook user only identified as Kofi Amerika was asking the ...

Gold Coast Fund Management has said it is still in the process of making payments to its customers who have invested their monies with them. The firm in a statement said: “Gold Coast Fund Management (GCFM) wishes to inform its cherished customers and the general public that it is observing the commitments made to deliver regular disbursements to its customers ...

The Commissioner-General of the Ghana Revenue Authority (GRA), Mr Emmanuel Kofi Nti and two other commissioners have been fired, Daily Mail GH can confirm. The other affected commissioners are Isaac Crentsil, commissioner for customs, and Kwasi Asante Gyimah, in charge of domestic tax. Top government officials say Nti has been informed officially about the decision and has about a month ...