A joint opening ceremony has been held to officially welcome the 44 journalists who are participating in the 2018 China Africa Press Centre (CAPC) and China Asia Pacific Press Centre (CAPPC) programme organised by the China International Press Communication Centre in Beijing, China. This is the 5th batch of journalists...
Simon Dornoo, who formerly headed GCB Bank, has been appointed to lead the team of experts from accounting and auditing firm, KPMG, to revive and stabilise uniBank Ghana Limited. With 25 years experience in banking, Mr. Dornoo will act in that capacity over the six months that uniBank is expected...
Although inflation rose from 10.3 percent in January to 10.6 percent in February, the Monetary Policy Committee (MPC) of the central bank has expressed confidence in the disinflation process, generally, as it voted to reduce the policy rate by 200 basis points to 18 percent. Addressing the press on Monday...
Mr Ken Kwamina Thompson will be at it again at a Chartered Institute of Marketing Institute Ghana (CIMG) event at Alisa Hotel this Tuesday 27 March 2018. The CEO of Dalex Finance and Leasing Company has since 2014 acquired a reputation of bold and controversial analysis of the state of...
Despite having numerous legal provisions and industry reports all aimed at deepening transparency in the oil and gas sector, these are yet to lead to any meaningful accountability, lamented the co-chair of GHEITI, Dr. Steve Manteaw. Speaking at a stakeholder forum on Ghana’s Beneficial Ownership Disclosure (BOD) process, organised for...
The Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto, has said, Ghana’s US$2.5billion annual earnings from cocoa commodity is abysmally low, even though the global market worth over US$100billion. This, he said, calls for the need to increase domestic value-addition to enable the country, which is the second-largest global...
Parliament has approved the 2018 Sovereign bond and Global Depository Note (GDN) , to use US$1billion to finance the 2018 Budget, up to US$1.5billion to refinance maturing external bonds. Others include, about 500m from the GDN issue to refinance expensive domestic cedi denominated debt, the report of the finance...
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...