Business

BOST saves $24m in payments to BDCs

In the settlement process, BOST and the BDCs have agreed to do cash refund, product refund and set-o...

Rich FM Manager arrested over forgery and misappropriation of GH¢ 104,090.00

After thorough scrutiny, the Authority uncovered that the invoices and receipts which have the suppo...

Groupe Nduom Co. wins GHS174 million judgment

BlackShield until its license was revoked had paid over GHS600 million to some of its customers and ...

FGR Bogoso Prestea to settle severance package of disgruntled workers

Mining operations can now continue in the interest of all parties and the local communities,” the co...

Liquidated Fund Management firms: Registrar General’s Department settles 85% of ¢1.2bn bailout cash

The Registrar General said the petition was to wind up 53 fund management companies...

AG moves to close down three (3) alleged ‘ponzi schemes’

According to the Attorney General, the National Intelligence Bureau (NIB) has been able to establish...

Top King’s Judgment does not cover the current location of our estate- Trassacco speaks

The Company has put forward the sequence of events which culminated in the Supreme Court judgment in...

Take steps to identify owners of captured ATM cards within 24 hours-BoG to Financial Institutions

According to the BoG, this directive will “address the perennial complaints that emanate from the ca...

Pay 30% revenue into Escrow Account – High Court orders Eni, Vitol

The 30 per cent revenue must be paid by the operators into an account agreed by all the contesting p...

Unfair charges, fees should be abolished-BoG to banks, SDIs

According to the Bank of Ghana, these practices are unfair and impact negatively on the financial in...

Internal Auditors urged to implement Cybersecurity Measures

The advice was necessitated by reported cybersecurity incidents involving insiders and external cons...

Bankers Association to comply with latest standards in carting huge cash

Banks have given the firm assurance of working with the various security agencies and the Bank of Gh...

Your 2023 deadline to banks to phase out substandard bullion vans is unacceptable-Dery to BoG

It has emerged that the central bank December 2020 issued several directives to financial intuitions...

BoG is a constitutional creation: It cannot decline parliamentary investigations

The central bank declined Parliament's invitation, bringing up instead, a response on its mandate an...

Stop buying or selling foreign currency or face prosecution-BoG warns unlicensed entities

“The sole legal tender in Ghana is the Ghana cedi and the Ghana pesewa. It is prohibited to price, a...

“Put ceiling on judgment debts allowed,” Oteng-Gyasi urges Parliament

Earlier in July 2019, the Finance Minister, Ken Ofori-Atta disclosed that total receipts issued as j...

Grant VAT exemption to exploration firms to avert dwindling investments – Ghana Chamber of Mines

Ghana has dropped to 4th in terms of budget for gold exploration on the continent....

Parliament to review BoG response on Unibank, UT Bank petition

The committee investigating the petition brought to parliament over the collapse of UT Bank and Unib...

BoG declines Parliamentary summons over UT Bank, Unibank closure

The Bank of Ghana has said that the petitioners should use the right channels to ensure their grieva...

IES urges government to review Petroleum Agreements amidst drawbacks in oil sector

The IES wants the government to review the royalties and taxes charged stakeholders and parties in t...

“COVID tax holidays for businesses good for SME growth” – Dr. Ali Nakyea

Senior law lecturer, Dr. Ali Nakyea is confident that the tax structure in Ghana will help SMEs surv...

Government, Stakeholders increase National Daily Minimum Wage for 2021 by six percent

The revised national minimum wage will be effective from Friday, June 4th, 2021...

E-cedi: Bank of Ghana to pilot digital currency

Ghana is in advanced stages to roll out the e-cedi...

Court Puts Injunction On Stanbic Bank AGM

A High Court in Accra has placed an interlocutory injunction restraining the management of Stanbic B...

Registrar General to map out new modified system to improve online business registration

The Registrar General says the exercise formed part of preparations in the implementation of the Com...