The Bank of Ghana has ordered banks and Specialised Deposit-Taking Institutions (SDIs) to suspend the declaration and payment of dividends or distribution of any reserves to shareholders and for making any irrevocable commitments until further notice.
This directive, follows an earlier notice from the regulator halting banks and SDIs to...
The Institute of Fiscal Studies (IFS) has warned that, Ghana risk becoming a distress country if the rising debt stock is checked.
According to the IFS, measures need to be put in place by government to arrest the “seriously worsening” debt situation which portends ill consequences for the economy.
This warning...
Embattled Tema Oil Refinery Managing Director, Asante Berko, has today presented his resignation letter to the President, Nana Addo Dankwa Akufo-Addo, with the President accepting the resignation.
A statement from the Presidency said: "The President of the Republic, Nana Addo Dankwa Akufo-Addo, has, on Wednesday, April 15, 2020, received the...
The Ministry of Trade has awarded a 10-year third single window contract to Ghana Link Network Services Limited - which has CUPIA Korea Customs Service as its overseas partner.
The sole-sourced contract, which was signed on March 29, 2018 and published on the Public Procurement Authority’s (PPA) website, is meant...
Poor corporate governance in the financial sector is to blame for the collapse and struggles of many banks and savings and loans companies in the country, Dr. Williams Abayaawien Atuilik, a chartered economist and banker has said.
According to him, research has indicated that some board members of financial institutions...
Telecommunication network, Vodafone Ghana in partnership with the Ghana Statistical Services (GSS)and the Flowminder Foundation are using innovative data science techniques to support the government’s response against COVID-19.
The long-standing ‘Data For Good’ partnership between Vodafone Ghana, Ghana Statistical Services and the Flowminder Foundation has enabled the production of rapid...
The Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana is pleased to issue its official opinion on the 2018 Budget Statement and Economic Policy presented by the Minister of Finance to the Parliament of Ghana on Wednesday 15, November, 2017.
The Akufo-Addo Government presented its...
Prostate cancer kills many men each year in Ghana. This male only disease can be managed successfully if detected early.
Know your prostate
The prostate gland is found only in men. It is a small sex gland, the size of a small tangerine (or golf ball) and is located between...
As commercial banks race to meet the Bank of Ghana’s December 31, 2018 minimum capital requirement deadline, Zenith Bank has become apparently the first bank in the country to officially meet the GH¢400 million benchmark.
According to the central bank, banks can either move funds from their income surplus or...
Background
Did you know that getting frustrated over a situation can bring something positive? Well, I didn’t really think about it until I heard the story of Juliet - the brain behind Ga-Soak. Read on as she shares with the B&FT’s Inspiring Start-ups how she got a brilliant idea...