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BUSINESS

SEC requests EOCO help to retrieve server of Nduom’s Blackshield Capital

The Securities and Exchange Commission (SEC) is said to have sought the help of the Economic and Organised Crime Office (EOCO) to retrieve the server of Blackshield Capital Management Limited as part of investigations. Blackshield Capital Management, formerly known as Gold Coast Fund Management, was one of the fund management …

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Cashew processing factory for Tain under 1DIF

A ground breaking ceremony has been held at Nsawkaw, Tain District Capital for the construction of cashew processing factory under government flagship programme One -District One- Factory (1D1F) initiative. The One-District -One Factory is president Nana Addo Dankwa Akufo-Addo’s vision to transform the country’s economy through industrialization, thereby creating sustainable …

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Ofori-Atta chairs Africa Development Bank board as 2021 meetings move to Accra

Ghana will host the African Development Bank’s next Annual Meetings in May 2021, it was announced Thursday, at the end of the Group’s 2020 meetings. The 2021 meetings will take place in the country’s capital city, Accra. Côte d’Ivoire’s Planning Minister Niale Kaba handed over the baton to Ghana, announcing …

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‘Is it not madness?’ – Abraham Koomson blasts govt over collapsed banks

Secretary-General of the Ghana Federation of Labour (GFL), Mr Abraham Koomson, has bemoaned the loss of jobs following the collapse of some banks through the Akufo-Addo government’s financial sector clean-up. The labour expert who plies his trade in the textile industry observed the government’s decision to collapse the financial institutions, …

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Messi urged to play in Africa

Argentine and FC Barcelona forward, Lionel Messi, has been urged to consider playing in Africa should he leave the La Liga side this summer. The six-time Ballon d’Or winner has dominated the headlines after requesting to leave the club this summer. Messi’s decision emerged after Barcelona were humiliated by Bayern …

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Bank cleanup: We saved deposits of 4.6m people – Bawumia

The cleanup exercise undertaken by the Bank of Ghana in the banking sector save the deposits of 4.6 million people, which would have been lost had the central bank not intervened, Vice President Dr Mahamudu Bawumia has said. “You had 4.6 million depositors whose monies were at stake. Can you …

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Coconut Foundation – South Korea Joins The Covid-19 Relief Efforts In Ghana

The Management of COCONUT FOUNDATION – South Korea has announced an ongoing effort to address the COVID-19 pandemic.   In connection with this effort and as part of these organisation’s contributions towards supporting the COVID-19 relief in Ghana, on 14th of August 2020, the organisation donated basic necessities that will …

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Airport Authorities set rules for reopening

As part of preparations towards the opening of the Kotoka International Airport, authorities have outlined a list of rules to be observed. 70 sampling collection booths have been set up at the upper level of the Arrival Hall where all arriving passengers would be required to take a PCR test. …

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Ghana’s total cement sales decline by 3.9%

The total cement sales as measured by the volume of the product decreased by 3.9% during the first quarter of 2020. The volume of cement sales during first quarter of this year amounted to 814,979.29 tonnes as compared to 848,258.76 tonnes sold during 4th quarter of 2019. Year on year, …

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Pogba tests positive for coronavirus

Manchester United midfielder Paul Pogba has tested positive for coronavirus, says France manager Didier Deschamps. The 27-year-old will have to self-isolate for 14 days. He will miss France’s Nations League game in Sweden on Saturday, 5 September and the home game against Croatia three days later. However, Pogba could be …

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