Business
Procurement breaches amounting to over GHȻ 8 million uncovered at GPHA-2020 Auditor General’s repor
According to the report, the Management of the GPHA failed to provide the Auditor General’s office w...
Shell pays $111m over 1970s oil spill in Nigeria
The court ordered Shell Nigeria to pay compensation to Nigerian farmers,...
BoG to pilot the e-Cedi, first digital currency in Africa
the Bank of Ghana has signed an agreement with G+D to implement a pilot CBDC project ...
Asenso-Boakye hints of possible review of the Rent Act
Mr. Asenso-Boakye announced that government is in the process of reviewing the existing Rent Act, 19...
Bright Simons writes: Ghana wants to make Norway rich (by $1 billion)
On 30th July 2021, a memorandum from Ghana’s Minister of Energy to the country’s Parliament muddied ...
GNPC seeks Parliamentary approval for $1.65bn loan to commence oil exploration
Currently, the GNPC is allowed through its GNPC Explorco to participate in the upstream petroleum se...
BoG expands list of institutions to participate in Credit Reporting System
The Bank of Ghana urged institutions to take steps to comply with the provisions of Act 726 by Octob...
Nikola’s Milton charged with misleading investors
At a press conference Thursday, Gurbir Grewal, the SEC’s head of enforcement, highlighted the obliga...
Energy Minister indicts ECG management, past boards, others for sad state of company
Chairman of the board Keli Gadzekpo pledged to turn the business around with new ideas....
Majority Leader urges bipartisan review of Petroleum Act
“This is the opportune moment for the country to undertake this exercise and we look forward to that...
Trade Ministry to finalize agreement on Komenda Sugar Factory
Mr Kyerematen explained that Park Agrotech Limited was an agro-processing company based in Ghana, wh...
No ban on small scale mining, go back to work – Mireku Duker tells legal miners
The Members of the Association pledged their commitment to support government win the fight against ...
We’ll resist attempts to make exceptions in law banning foreign retailers – GUTA
GUTA said while it is not against any arrangement to enhance its business relationship with Nigeria,...
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...
