BUSINESS

The Government of Ghana borrowed GH¢4.2 billion in notes and bonds in December 2019. This consists of GH¢3.2 billion 2-Year Notes, GH¢505.4 million of 3-Year bonds and GH¢478.6 million of 4-Year bonds. Some of the securities were to be rolled over while the rest were fresh funds. The yield on …

The Chief Executive Officer (CEO) of defunct Beige Bank, Mike Nyinaku, has been remanded in police custody. He is to be held there for one week. This follows the dismissal of a bail application by his lawyers who assured the court that he will cooperate with the ongoing trial. Although …

John Dimah, the 2019 National Best maize farmer has lost 31 acres of his maize farmland to fire in Tumu in the Sissala East District of the Upper West Region. Speaking in an interview with the Ghana News Agency in Tumu, Mr Dimah said a total of 31 acres were …

The Ghana Revenue Authority (GRA) has called on the public to dismiss reports that it is recruiting. According to the GRA, such reports making rounds on social media are untrue. “The Ghana Revenue Authority (GRA) has sighted notices being circulated on social media platforms to the effect that the Customs …

The Ghana Union of Traders Association (GUTA) has warned against the likely depreciation of the proposed common currency, the ECO, bearing in mind the economic trade scope of some West African countries amidst unresolved closure of some of its trade borders. According to the President of the Union, Dr Joseph …

CalBank is pleased to announce the appointment of Mr. Philip Owiredu as the Chief Executive Officer (CEO) of the Bank effective 1st January 2020. The appointment of the new CEO was approved by the Bank of Ghana in December 2019. Mr. Owiredu has been an outstanding leader during his tenure …

Management member of Asante Kotoko, Nana Gyimbibi Coker says that the Porcupine Warriors will look to downsize their playing squad before the close of the transfer window. He said the club is making frantic efforts to ship out some dead wood, whose services will no longer be needed by the …

A 42-year-old farmer, Yaw Tawiah who was suspected of impregnating his stepdaughter at Ntonso, a farming community near Sankore in the Asunafo South District of the Ahafo region has died in police custody, MyNewsGh.com reports. Police say he hanged himself in the toilet inside the cells of the Sankore Police …

The Takoradi Port recorded an increase in port traffic from 8.2 million metric tons (mt) in 2018 to 9.9 million mt in 2019, representing an increase of 21 per cent in total port traffic. It also registered an increase of 43 per cent in exports. The port however, recorded 13 per …

Minister of Science, Environment, Technology and Innovations says the government is ready to support the Kantanka Group of Companies, established by the Founder and Leader of the Kristo Asafo Mission of Ghana, Apostle Kwadwo Safo Kantanka. According to Professor Kwabena Frimpong-Boateng, government’s immediate support will be to patronise his products …