BUSINESS

As Americans went to the polls last week to decide who will be their executive president for the next four years, lots of Ghanaians followed the voting as closely as if had been for the election of their own leaders. This was for good reason; not only is the United …

The Board of GCB Bank Limited has announced the appointment of John Kofi Adomakoh as the new Managing Director (MD) of the Bank effective November 9, 2020. Mr. Adomakoh, an astute banker, replaces Anselm Ray Sowah, who ended his tenure of office as the MD of GCB Bank in September …

Ghanaian actress and screen goddess, Nana Ama McBrown had a big win at the recently held 10th edition of the Radio and Television Personality (RTP) Award 2020. The RTP Award was held in Accra on Saturday, November 7, 2020, at the plush Kempinski hotel. McBrown won two awards: TV Entertainment Show Host …

The Former Chief Executive Officer (CEO) of defunct UT Bank, Mr Prince Kofi Amoabeng, says the high level of non-performing loans contributed significantly towards the bank’s collapse. He added that acts of thievery by some staff also played a role in the bank’s liquidation. Mr Amoabeng in a media interview …

Parliament has passed into law the Bui Power Authority (Amendment), Bill 2020 for the purpose of amending the Bui Power Auditory Act, 2007 (Act 740) and empower the Bui Power Authority to develop renewable energy and other clean energy alternatives in the country. The Bill was laid in the House …

Former Barcelona and Inter Milan striker Samuel Eto’o is in stable condition after he was involved in a road accident around Nkongsamba-Douala road in Cameroon. Eto’o was said to be returning from a wedding celebration when his car was hit by a public transport bus on Sunday morning. Although the car was badly damaged in …

The Inter-African Coffee Organization (IACO) is seeking the observance of stakeholders in the coffee industry to actively involve themselves in coffee production and to create sustainable strategies for a thriving sector. This was announced during the launch of 60th edition of the IAOC general meeting which will be hosted by …

The Constituency Watch series on Asempa FM’s Ekosii Sen programme was nearly marred when supporters of the ruling New Patriotic Party (NPP) and opposition National Democratic Congress (NDC) clashed at Madina in Accra. The clash ensued because the NDC parliamentary candidate, Francis Xavier Sosu, who was billed to debate with NPP candidate, Abu-Bakar …

Government has given $130 million to the Electricity Company of Ghana (ECG) to help the power generating firm replace its obsolete equipment, to reduce power losses, and ensure sustainable power generation. Mr John Peter Amewu, the Minister of Energy, who made this known when he took his turn at the …

Some aggrieved customers of defunct gold dealership firm, Menzgold are disappointed in former President John Mahama for saying he didn’t promise to pay back their lock-up funds. According to the customers, they had some hope when Mr Mahama promised to pay them but his latest comment on the matter has left them …