BUSINESS

The management of Zoomlion Ghana Limited, has noted with interest, the decision of the High Court in Accra-dismissing an appeal, initiated at the instance of the leading waste management firm challenging the validity of surcharges imposed on it by the Auditor General. Though Zoomlion is yet to receive a certified …

The controversial leader of The Peoples Project, TPP, Kwame A Plus has taken Absa Ghana to the cleaners. According to him, the bank is a scam and does not think of the betterment of the Ghanaian. His comments come on the back of the organization dissociating itself from a video …

AngloGold Ashanti is planning to exit its South African concessions as it plans to sell its South African assets on 21 February 2020. Its Chief Executive Officer Kelvin Dushnisky, in an interview at the 2020 Indaba Mining Conference, said it will provide an update on the sale of its South …

A former Finance Minister and founder of uniBank, a former Deputy Governor of the Bank of Ghana and seven others have been charged by an Accra High Court for playing roles leading to the financial sector crisis. Dr. Kwabena Duffuor was charged by the state with 68 counts of Fraudulent …

Ghana’s central bank, Bank of Ghana (BoG), has been named winner of the 2019 Central Banking Awards. The global awards scheme’s report stated that BoG demonstrated its strengths with the delivery of a major banking sector and the microfinance clean-up operation. It added that the BoG has had an impressive …

Owner of Zoomlion and the Jospong Group of Companies, Dr. Joseph Siaw Agyepong’s long standing bad wisher and detractor, Manasseh Azure Awuni is ignorantly jubilating and jumping from one platform to another posting his aged story on the court issue between Zoomlion and the Auditor General after the High Court …

Fifa President, Gianni Infantino, has proposed to the Confederation of African Football (Caf) that the Africa Cup of Nations be held every four years instead of two, as he outlined his vision to “project African football to the top of the world.” Infantino was speaking at a Caf seminar in Morocco, …

Fuel prices are expected to go down marginally today, Saturday, 1 February 2020 between 2 and 4%, sources at the National Petroleum Authority have told Classfmonline.com This follows a significant reduction in the price of Brent Crude on the world market. At the same time, the local currency, cedi, has …

Nigerian football star and former Manchester City player, Chidiebere Nwakali, has been sacked by his club, Kalmar FF for returning late from 2019 Christmas break. The former Nigerian youth international was in his country last December to celebrate Christmas and refused to return to Sweden after the end of the …

Ghana’s total public debt stock increased by GHS6.3 billion between September and November 2019 to reach GHS214.9 billion in November 2019. This is about US$39.0 billion but lower than the September debt of US$39.2 (GHS208.6 billion) because the cedi, since the beginning of the year, had increased in value to …