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uniBank collapse: Duffuor declines SIT invitation; insists on court process

Dr. Kwabena Duffuor, the former Finance Minister and former Governor of the Bank of Ghana has declined an invitation by the Special Investigative Team (SIT) to assist in its investigations into the collapse of uniBank. Instead, the former BoG governor ...

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Data services fully restored – MTN

Telecom giant MTN’s data services is back on stream at full capacity, management has said. This follows 72hrs complaint by its customers across the country, who experienced challenges with accessing data. A tweet by the  largest Telecom company said: MTN ...

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Kofi Amoabeng charged with stealing; granted GHS 110m bail

The former Chief Executive Officer of the defunct UT Bank, Prince Kofi Amoabeng has been formally charged by state prosecutors after he was arraigned Tuesday afternoon in relation to the banking crisis. Prince Kofi Amoateng has been charged with two ...

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Ghana to set up Diasporan Savings and Investment Account

Mr Ken Ofori-Atta, the Minister of Finance, has announced plans to establish a Diasporan Savings and Investment Account to attract people of African-American descent to invest in the various sectors of the country. Dubbed the African Sankofa Account, the plan, ...

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GRIDCo cuts power supply to VALCO over US$30 Million debt

Ghana Grid Company Limited (GRIDCo) has cut power supply to the Volta Aluminum Company Limited (VALCO) following the company’s inability to settle over US$30 million outstanding debt to the power transmitter. The decision was made by the Management of GRIDCo ...

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Menzgold to pay customers beginning today

Customers of embattled gold dealership firm, Menzgold Ltd. are to receive payment towards their locked up funds starting today, Friday, December 27, 2019. The company scheduled the date after several months of agitation by customers across the country. But the ...

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GRA to tax clothing allowance of bankers

The Clothing allowance of bankers in the country is now subject to taxation, the Ghana Revenue Authority (GRA) has said. According to a letter addressed to the Banking Association and sighted by Kasapa News noted an agreement has been reached ...

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I can’t help you pay Menzgold customers – Lawyer tells NAM 1

Lawyer for Menzgold Kwame Akuffo has distanced himself from the payment procedure announced by the troubled gold dealership firm on Wednesday. Menzgold last night issued a statement announcing its payment plan to customers. According to them, the payment is to ...

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