A report released by the World Bank says Ghana’s macroeconomic performance continues to show improvement as in 2017 it performed better than the difficult 2016. Per the report which is dubbed ‘3rd edition of the Ghana Economic Update’, the country’s economy in a fifth successive quarter in 2017, has expanded...
SIC Financial Services Limited (SIC-FSL) one of the shareholders of ADB has denied having pledged its shares in adb to uniBank in fulfillment of an earlier financial commitment. A source within the company tells thebftonline.com that, SIC FSL which is an arm of the State Insurance Company (SIC) a government...
To celebrate this year’s, celebrate International Women's Day, an international airline on the Abidjan – Accra – Brussels route, Brussels Airlines will today operate an all-women crew flight. Today’s flight is a symbolic action to strive for more equality for women and also being done because Women's Day is widely...
President Nana Addo Dankwa Akufo-Addo on Tuesday said after a year of fiscal discipline and innovative economic management, the results have been remarkable. “Ghana’s economy has grown from 3.6 per cent in 2016, the lowest in 22 years, to 7.9 per cent in 2017, and this year it’s expected to...
Government must consider the setting up of an Agricultural Development Authority to regulate the production and marketing of agricultural products so as to attract the needed investment into the sector. “We need an Agricultural Development Authority to regulate sector’s trade, and also the production and market aspects. We need to...
The Governor of the Bank of Ghana, Dr. Ernest Addison has stated that the central bank has not approved any takeover of ADB by Unibank. According to Dr. Addison, his outfit heard of the news in the media today and has not approved any such deal. The governor’s comments come just...
BoG reacts GSE suspends trading of ADB shares ADB confirms move but backs BOG More acquisitions in the wind The opinions of economic and banking analysts are divided over uniBank’s ‘takeover’ of the Agricultural Development Bank (ADB), while the Ghana Stock Exchange (GSE) on Wednesday suspended trading of ADB...
The Ghana Revenue Authority (GRA) has warned strongly that it will intensify its prosecutorial powers on businesses and persons who default in the payment of taxes after the expiration of a tax amnesty period this year. The tax amnesty period expires after September 30, 2018, and the GRA is expected...
….in charge of 6 West African countries United Bank for Africa (UBA) Plc has announced the appointment of Mrs. Abiola Bawuah as new Regional Chief Executive Officer (RCEO) in charge of six African countries. The new appointment, which takes effect from 1st March 2018, will see her overseeing the...
Vodafone Ghana Foundation’s homecoming initiative, a corporate social responsibility activity of the telecommunication firm, has cleared medical bills for 300 patients who were unable to pay for their services at the Korle-Bu Teaching Hospital (KBTH). The gesture, which forms part of Vodafone’s activities to mark Ghana’s 61st Independence Day anniversary,...