Guaranty Trust Bank (Ghana) Limited has appointed Mr. Thomas Attah John as its new Managing Director effective Friday, March 16, 2018, following Bank of Ghana approval. He replaces Mr. Lekan Sanusi who takes up a new position as Managing Director of Guaranty Trust Bank Uganda Limited. Mr. Thomas Attah John, an...
Dr. Yaw Adu Gyamfi, President of the Association of Ghana Industries (AGI), has hosted the Japanese Ambassador to Ghana, Tsutomu Himeno, at the AGI National Head Office in Accra. The Ambassador was accompanied by the newly-appointed Ghana Ambassador to Japan, Mr. Frank Okyere, and the First Secretary of the Japanese...
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 decision by the Bank of Ghana (BoG) to put Unibank under administration has been hailed by chairman of the Finance Committee, Dr. Mark Assibey-Yeboah - who maintained that it will go a long way to sanitise the banking sector. “It is the proper thing for the BoG to do,...
An expert in business law and lecturer at the University of Professional Studies-Accra, Lawyer Godwin Adagewine, has urged government to support local businesses build their capacity to produce so Ghana can benefit from the Continental Free Trade Agreement. Last Wednesday, 44 African leaders - including President Akufo-Addo - agreed to...
The National Health Insurance Authority (NHIA) expects to receive a total amount of GH₵2.3bn in 2018 to be able to execute its mandate for the year, a Parliamentary report on the Proposed Formula for the Disbursement of the NHIF for Year 2018 has revealed. According to the ‘Committee report of...
Minister for Energy, Boakye Agyarko, has indicated that government managed to scale-down the cost for construction of the Ghana National Petroleum Corporation (GNPC) head office from an initial US$76m to US$20m. By negotiating the cost from US$76m to US$20m, government has now been able to make a US$56million saving on...
McOttley Capital, an investment management arm of McOttley Holdings, has assured Ghanaians and its cherished clients of bright future. A statement from the company said the operations of McOttley Capital remains stable, adding that, it shall continue to offer exciting tailored-made products and services to its clients, guided by its...
Africa, a market of more than 1 billion people banks a collective Gross Domestic Product of $3.4 trillion a year.  By doing business with anyone other than itself. In 2016, the World Bank listed the top 5 products exported from Africa as gold  in semi manufactured form ($9 billion); non...
Facebook ended the week $58bn lower in value after its handling of a historic data breach. Its founder Mark Zuckerberg apologised for data breaches that affected 50 million users. The apology did not stop investors from selling shares in Facebook, with many wondering just how bad the damage would be for...