Business

The embattled CEO of failed Gold dealership firm, Menzgold, Nana Appiah Mensah is not a fugitive and cannot be said to be running away from the law, as has been widely speculated, Public Relations Officer of Menzgold, Nii Amarh Amartefio ...

Embattled CEO of gold dealership firm, Menzgold, Nana Appiah Mensah aka NAM1 has breached his bail terms and absconded, Gabby Otchere Darko has revealed. Gabby’s revelation follows a massive protest by customers of Menzgold in Kumasi who threatened to vote ...

The Minority in Parliament has accused the Akufo-Addo administration of using the banking sector reforms as a ploy to deliberately collapse businesses owned by people thought to be affiliated with the opposition National Democratic Congress (NDC). The Minority claims the ...

Disgruntled customers of troubled gold dealership firm, Menzgold in the Ashanti Regional capital, Kumasi, on Tuesday stormed the offices of the firm in Amakom to protest the non-payment of their monies to them. The incensed customers numbering hundreds have blocked ...

The Bank of Ghana has downgraded Dr. Papa Kwesi Ndoum’s GN bank to a savings and loan company. This follows the bank’s inability to meet the new GHC400 million minimum capital requirement. Meanwhile, the Universal banking licenses of Heritage and ...

The Bank of Ghana (BoG) has given final approval for the merger of indigenous lender, Omni Bank, with Sahel Sahara Bank into one entity to be known as Omni-BSIC Bank Ghana Limited. This is after five months of rigorous work between officers of the ...

The Bank of Ghana (BoG) is set to release the list of banks that met the GH₵400 million minimum capital threshold by the close of this week in compliance with its earlier directive, which elapsed on December 31, 2018. The ...

Vodafone Ghana has won one lot of 2x5MHz frequency spectrum block in the 800 MHz Band for mobile services, the National Communications Authority has announced. It follows a “successful financial negotiations,” the NCA said in a statement on Wednesday December ...

A Circuit court in Kumasi in the Ashanti Region has ordered that properties of the troubled gold-trading firm, Menzgold Company Limited be auctioned. The court ruled that properties of the firm in Amakom, all personal properties in the office of ...

The President Akufo-Addo, has sent a strong signal to his critics informing them that all the policy intervention initiatives his administration is undertaking are not gimmicks but meant to improve on the lives of Ghanaians. According to the President, the ...