The Ghana Mineworkers Union (GMWU) has served notice it will embark on a full-blown strike by Tuesday March 27, 2018, if the government does not call mining giant Goldfields to order. Per the unions directives which is contained in a statement which was copied to the B&FT, prior to the...
In an unexpected move that could be the beginning of a restructuring of the local banking space, a consortium of financial institutions that control majority shares in agric-focused bank, Agricultural Development Bank (ADB), have pledged their shares, proceeds, entitlement and voting rights to uniBank, a leading local bank. The consortium,...
The Ghana Mine Workers Union (GMWU) has filed an appeal at the Court of Appeal and a stay of execution pending its hearing after an Accra High Court last Friday dismissed an interlocutory application by the union to stop a planned redundancy exercise by mining giant Goldfields Ghana Limited. The...
Barclays Bank Ghana has stated that its decision to rebrand to Absa will not lead to any job-cuts, and that the bank by its new image will be more focused on entrenching its position on the local scene and work toward doubling its footprints in the country. Speaking in a...
Fund suggests Ghana limit planned Eurobond to $500 mln Ghana seeking combined programme review in April Ghana must legislate new measures to boost revenues by at least 0.5 percent of gross domestic product before the IMF reviews a $918 million credit deal next month, the Fund said. The West African...
The Chief Executive Officer of Ghana Interbank Payment and Settlement Systems (GhIPSS) Archie Hesse, has called on the public to resort to more electronic forms of payment in order to reduce their exposure to being attacked by armed robbers. His advice comes in the wake of reports of armed robbery...
About 50 project developers and engineering services companies from the Ghanaian solar sector have benefitted from the first German Project Development training in Accra last week. The week-long training, which ended last week was to equip the local businesses with knowledge on project development and operation of Solar Photovoltaic (PV)...
President Nana Addo Dankwa Akufo-Addo has bemoaned the country’s underdevelopment in relation to its peers including Malaysia, South Korea but maintains the country can still take charge of its destiny. Addressing the nation during the 61st Independence Anniversary celebrations at the Black Stars Square in Accra on Tuesday, he indicated...
Information reaching www.thebftonline.com indicates that, tension is brewing at Goldfields Ghana Limited (Tarkwa Mine) over the company’s attempts to serve termination letters to over 2000 permanent employees to be laid off as part of its proposed retrenchment. This comes after the management of the mining giant, brought in uniformed armed...
Consumer finance firm afb Ghana, has launched an Education solution to support players in the educational sector of the country. The new solution was launched in collaboration with the Ghana National Association of Private Schools (GNAPS), during its education week celebrations in Accra. The solution, designed to address the respective needs...