Some disgruntled customers of ASN-Financial Services Limited (ASN-FSL), a licenced Finance House, are unable to access their investments with the indigenous institution - a situation further compounded by lack of information from the institution or the central bank.
“We had a meeting in March last year, when they promised...
Earmarks US$20m to build a Corporate Head Office
-US$10m to build Operational Head Office in Takoradi
-NDC MPs raise alarm; caution the decision to borrow to fund those projects
A majority voice vote, on the floor of Parliament, Thursday, was enough to ensure the safe approval of the 2018 program of activities...
Bank of Ghana has announced that, UniBank Ghana Limited (UniBank) has been placed under administration aimed at saving the bank from imminent collapse.
Below are the reasons for the regulators action, including the fact that uniBank failed to comply with a directive to stop granting new loans, and also deliberately...
Second Deputy Governor of the Bank of Ghana, Elsie Awadzi has reassured customers of indigenous bank UniBank that, their deposits remain safe as KPMG takeover the assets and management of the bank.
According to Mrs. Awadzi, customers must not rush to redraw their deposits, as with the exception of management...
UniBank Ghana Ltd, has confirmed the takeover of its management by KPMG, who are to serve as the 'Official Administrator', effective Tuesday March 20, 2018.
This was contained in a text message which was sent to the bank’s customers in the country same day that the announcement was made by...
Bank of Ghana (BOG) has announced that, UniBank Ghana Limited (UniBank) has been placed under administration.
The appointment of the official administrator according to the central bank is aimed at saving UniBank from imminent collapse.
The announcement comes just two weeks after uniBank announced a takeover of adb after some shareholders...
The continuous reliance on mining and the services sectors over the past decade has not created enough job opportunities needed for the population at large to escape poverty, the latest World Bank Ghana Systematic Country Diagnostic (SCD) report has shown.
The SCD, which is aimed at identifying the most important...
The World Bank’s Senior Vice President and General Counsel, Ms Sandie Okoro has arrived in Ghana for a four-day mission
Ms Okoro’s mission is expected to enable her to get a better understanding of how the Banks financed programs and projects are working in Ghana
It is also expected to afford...
A Civil Society group operating within the mining sector, Wassa Association of Communities Affected by Mining (WACAM), have joined the Ghana MineWorkers' Union (GMWU), to kick against Goldfields Ghana Limited's (GFGL) moves to contractor mining at its Tarkwa mine.
WACAM has therefore called on the government, to immediately intervene and...
The B&FT has gathered that, the number of workers to be disengaged by Goldfields Ghana Limited, to be employed by a contractor as Goldfields moves from owner mining, may reduce from the reported 1,500 to around 1,350.
This was contained in a letter sighted by the B&FT, dated March 09,...