BUSINESS

Members of the Aggrieved Customers of Menzgold say they have been informed that the $39 million the Chief Executive Officer of now defunct Menzgold, Nana Appiah Mensah (NAM1), has been expecting from Dubai to pay them their locked-up investments has arrived. According to the group if it is confirmed that the money has indeed arrived and has been received by ...

The National Communications Authority (NCA) has failed to file a defence in the privacy right case ( EI 63) before the High Court in Accra. However, all four other respondents Vodafone Ghana Limited, MTN, Kelni GVG and the Attorney General’s department have filed their respective defence to the action initiated by a private legal practitioner Francis Kwarteng Arthur. The case ...

Club Beer has emerged the winner of the ultimate award, Product of the Year, at the prestigious Ghana Beverage Awards (GBA) 2019. Club Beer, which is produced by Accra Brewery Limited earned the most public votes against other nominees such as Kpoo Keke, Voltic, Bel Active, Verna and Alomo bitters. The maiden virtual edition of the awards which was streamed ...

The Commercial Division of the Accra High Court presided over by Justice Jennifer Dadzie has dismissed an injunction application filed by the Receiver appointed to liquidate uniBank to halt an arbitration hearing with the shareholders of the bank. On Friday, the court dismissed the Receiver’s application to injunct the parties from obeying the court’s order saying the parties should go ...

The Ghana Cocoa Board (COCOBOD) through the Cocoa Health and Extension Division (CHED) has presented a total 99,468 bags of Cocoa fertilizers to be distributed to 126 farmer cooperative groups within Wiawso and Akontombra districts of the Western North Region. Mr John Ahi, Boako District Technical Officer, who confirmed the development to the Ghana News Agency, said the 126 farmer ...

The Minister of Railway Development, Joe Ghartey has revealed that the Ministry will be ordering over 30 standard gauge trains in June this year. According to him, the Ministry has already gotten approval of about 130million dollars of trains which will be purchased from a company in China. Speaking live on Eye on Port’s interactive programme on national television, Joe ...

The Board of Directors, Management and Staff of CalBank have donated a set of Personal Protective Equipment (PPEs) valued at GHS 230,000.00 to four Hospitals in Ghana. The beneficiary Hospitals are the University of Ghana Medical Centre in the Greater Accra Region, the Komfo Anokye Teaching Hospital in the Ashanti Region, the Effia Nkwanta Regional Hospital in the Western Region ...

The Commercial Division of the Accra High Court has ordered the Attorney-General’s (A-G’s) Department to serve former Managing Director of UT Bank, Prince Kofi Amoabeng, and four others who are standing trial for the collapse of UT Bank with all the documents it intends to rely on for their trial. Justice Philip Bright Mensah , a Justice of the Court ...

Ghana Community Network Service Limited (GCNet) will cease operations at the country’s ports on June 1, 2020 to pave the way for UNIPASS, now Integrated Customs Management Systems (ICUMS), to take over the single window operations. It will be the second time ICUMS will be attempting to take over the single window operations at the country’s ports. Acting Commissioner General ...

The global COVID-19 Pandemic has slowed down the economic activities of the world. To this effect, many sectors are struggling to sustain the pandemic which has collapsed several organizations leading to a high rate of unemployment across the globe. To sustain the aquaculture industry in Ghana, fish farmers have been encouraged to create the right niche in order to acquire ...