BUSINESS

Depositors of the collapsed Microfinance companies, Savings and Loans and Finance Houses will from Wednesday, September 16, 2020, have full access to their funds. It follows the government’s resolution of the original commercial paper, also known as bond. The government on Tuesday released a total of GHS3.56 billion to settle the …

Government says it has released GH₵3.5bn as a refund to depositors of collapsed financial institutions. A statement from the Finance Ministry confirmed the government has scrapped a much criticised plan to issue a 5-year bond to the depositors at no interest. The release of the funds was expected after Vice-President …

he reduction of the Communications Services Tax (CST) to four per cent takes effect today Tuesday, September 15, 2020. Government in 2018 increased the CST charge from 6% to 9% after the finance minister announced it in the Supplementary Budget. However, almost a year after taking the decision, government under …

At least ten(10) passengers are dead while over 80 others have sustained serious injuries in a fatal accident at Kyekyewere Community stretch of the Accra to Kumasi Highways in the Eastern Region. The accident occurred Tuesday morning around 5:30 am. According to witnesses, a DAF Cargo Truck believed to be …

The Minority in parliament has blamed the recent power outages on the failure of government to release funds to GRIDCo and ECG. Consumers of electricity have been complaining about intermittent outages in Accra, Kumasi, and other places in the country. In an interaction with the media in parliament, minority spokesperson …

Kofi Paul a father of seven and a seller of mice poison revealed on SVTV Africa that he stopped his former job and ventured into the sale of mouse poison because they chewed his precious cloth which he had bought from Abidjan. The father of seven has been selling the …

Ghanaian-born former Netherlands international, George Boateng, has been named the head coach of the U-23s of English Premier League side, Aston Villa. The Birmingham-based side promoted the 45-year-old from their U-18s team to the U-23s. He is a former player of the club and would be familiar with routines at …

Flagbearer of the opposition National Democratic Congress(NDC) John Dramani Mahama has called the bluff of some chiefs and people of Akyem Abuakwa, Akyem Kotoku and Akyem Bosome after they issued a one-week ultimatum to him to retract and apologise for the “Akyem Sakawa Boys” tag. The angry indigenes threatened that without an apology, …

The Chairman of Ghana Beach Soccer, Yaw Ampofo Ankrah has boldly predicted that any administration to take Beach soccer in Ghana seriously, will create jobs, offer opportunities and establish a completely new industry in the country.   He was responding to media commentary surrounding the manifesto promise of Ghana’s NDC …

Atletico Madrid midfielder Thomas Partey has taken over from Inter Milan ace Kwadwo Asamoah as Ghana deputy skipper but Swansea City attacker Andre Ayew has maintained his place as the main captain. Twenty-seven-year-old Partey, who made his international debut in 2016, and Ayew, are expected to lead the Black Stars …