The Bank of Ghana (BoG) has said mobile money loan defaulters who have deliberately discarded their SIM cards risk attracting negative repercussions. In a statement, the BoG said it has noticed that “some individuals who have acquired loans through mobile ...
Read More »IMF Bailout: Parameters for debt operations yet to be determined
The Finance Minister, Ken Ofori-Atta says no agreement has been reached with the International Monetary Fund (IMF) on the parameters of any debt operations. Former Minister for Finance, Seth Terkper has said the government will have challenges with the calculation ...
Read More »IMF team arrives in Ghana today September 26
A team from the International Monetary Fund (IMF) is expected to visit Accra from today September 26 – October 7. The staff led by Stéphane Roudet, Mission Chief for Ghana, is scheduled to continue discussions with the government officials on ...
Read More »Bawumia attends maiden “AfriCaribbean” Trade and Investment Forum in Barbados
Vice President of the Republic, Dr Mahamudu Bawumia, left the country on Monday 29 August, to attend the maiden edition of the AfriCaribbean Trade and Investment Forum in Bridgetown, Barbados as the special guest of honour. The Investment Forum begins on Thursday ...
Read More »Fitch downgrades Ecobank, GT Bank, UBA from ‘b-‘ to ‘ccc
Fitch Ratings has downgraded Ecobank Ghana Limited’s, Guaranty Trust Bank (Ghana) Limited’s (GTB Ghana) and United Bank for Africa (Ghana) Limited’s (UBA Ghana) Viability Ratings (VRs) to ‘ccc’ from ‘b-‘. Fitch has affirmed the Shareholder Support Ratings (SSRs) of Ecobank ...
Read More »Nick Danso Adjei wins coveted award “Entrepreneur of the Year”at Shippers Awards
The Chairman of Ghana Link Network Services Ltd (Ghana Link), Mr. Nick Danso Adjei has been crowned the “Entrepreneur of the Year” at the fifth edition of the Ghana Shippers Awards held on Friday, August 19, 2022, at the Kempinski ...
Read More »Close to 500k companies operating illegally to be expunged – Registrar of Companies
The newly launched Office of the Registrar of Companies (ORC) is set to delete close to 500,000 companies from its database for not renewing their existence following the expiration of their registration, the Registrar of Companies, Jemima M. Oware, disclosed. ...
Read More »FDA opens Marwako eatery after over a month of closure
The Food and Drugs Authority(FDA) has lifted the suspension it placed on Marwako Fast Foods following the food poisoning incident. A copy of a letter dated July 08, 2022, said: “Following the verification inspection of your facility at Abelemkpe to ...
Read More »GIPC and OT signs MoU
Ghana Investment Promotion Centre (GIPC) has signed a Memorandum of Understanding (MoU) with America’s largest minority-led black-owned technology business, Overland Tandberg. The MoU seeks to develop seven (7) strategic areas between Ghanaian and U.S tech firms to bridge the digital ...
Read More »Full roll out of E-levy begins July 1
The Ghana Revenue Authority(GRA) has served notice of full implementation of the Electronic Transfer Levy effective July 01, 2022. This was contained in a letter dated June 22, 2022 to all Charging entities reminding them of the full implementation of ...
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