FBN Bank Ghana has opened a new full-service branch at Atomic Junction in Accra, to provide comprehensive financial services for its customers in the nearby suburbs of University of Ghana, Madina, North Legon, Atomic, Haatso, Agbogba and its environs. The Atomic Junction branch opening takes the number of FBN Banks...
An Accra Commercial High Court has ordered the Operators of Ghana’s Sankofa oil field, ENI Ghana Limited and its partner Vitol Upstream Ghana Limited, to immediately pay 30 percent of revenue realised from the sale of crude oil from the field to the Court Registrar. The payment, which is estimated...
Gold Fields, the largest producer of gold in the country, says it is waiting for approval from top management to extend the life of its Damang Mine - a project that will see the firm invest up to US$500million. Currently, the company operates the Tarkwa Mine, which has a Life...
The Ghana Revenue Authority (GRA), despite the effects of the COVID-19 pandemic has set a tax target of GH¢80.3 billion for the 2022 revenue collection year, the Finance Ministry has announced. The Authority, according to the Ministry is expected to meet this year’s target just like it did in the...
The Data Protection Commission (DPC) is set to begin the prosecution of companies, institutions and organisations classified as Data Controllers that have refused to register with the Commission or renew their data protection licences. Executive Director of the Commission, Patricia Adusei-Poku, made this announcement on Wednesday, January 26, 2022 at...
Advans Ghana, one of the leading Savings and Loans company in Ghana ended the year 2021 with six notable awards to its many laurels. The awards include the  Most Sustainable Savings and Loans company of the year from the Financial Inclusion Advocacy Centre, the Outstanding Customer Service of the...
AngloGold Ashanti Ghana Limited, in collaboration with GIZ, will soon roll out a community health programme for the people of Obuasi. The project will deal with COVID-19 and its impact on the health systems and livelihoods of people within the Obuasi Municipality and Obuasi East district. The programme, themed ‘Pandemic management...
Avnash Industries Ghana Limited has announced that it has suspended the purchase of Paddy  and  minimize manufacturing operations at its edible oil refinery, Soap Factory and Rice Mill. The company says it has decided to shift into trading, as present government 50% Benchmarking Policy has caused "Made in Ghana" products...
Amid surging consumer inflation that rose up to 12.6 percent at the end of 2021, Databank is projecting more room for the central bank to hike its policy rate in 2022. Inflation at the end of last year was propelled into double-digits largely through the impetus of supply-side shocks amid...
The Executive Chairman of Jospong Group of Companies (JGC), Dr. Joseph Siaw Agyepong, has stated that the coronavirus (COVID-19) pandemic has allowed the private sector to innovatively use local resources to produce personal protective equipment (PPE) - including nose masks, hand sanitisers - to help contain spread of the...