BUSINESS

Ghana is taking the fight against money laundering seriously due to the effect of such practice on the economy and the country’s international image, Naa Welbeck Anuonyam, an Official at the Financial Stability Department of the Bank of Ghana, has said. Ms Anuontam told members of the Institute of Financial …

The Ghana Revenue Authority (GRA) has issued a press statement directing the public to other outfits where tax transactions is still operational. Despite the Kwame Nkrumah Circle office gutting fire, the tax company says their core operations will not be duly affected. According to the GRA press release all LTO …

The Ghana Grid Company Limited (GRIDCo) has for three years running recorded losses, with a net loss of 114.3 million cedis last year. According to GRIDCo, the Volta Aluminum Company Limited (VALCO) owes it 30-million dollars while ECG and NEDCo also owed about 607 million cedis and 177 million cedis …

Most money launderers around the world use West Africa (WA) as their entry point into Europe, Naa Welbeck Anuonyam, an Official at the Financial Stability Department of the Bank of Ghana, has said To that end, she said Ghana is taking the fight against money laundering seriously due to the …

A number of agencies and market women were consulted by officials of the Bank of Ghana (BoG) for their inputs into the decision that went into the introduction of the GH¢200 and GH¢100 notes, Mr Phillip Ottoo, Director of Research at the BoG, has revealed. Speaking at a training workshop …

Leader of Ghana Freedom Party (GFP), Madam Akua Donkor says she will not pay the 10,000-cedi cost awarded against her by the Supreme Court. The Supreme Court in dismissing Akua Donkor’s suit against President Nana Akufo-Addo and vice president Dr Mahamudu Bawumia on November 27 asked the politician-cum-farmer to pay …

A policeman at Manso Datano in the Ashanti Region has been arrested and detained for allegedly raping the wife of a suspect in custody. He has also been interdicted by the police administration. The policeman is said to have raped the victim several times at the Manso Datano Police Station …

German Ambassador to Ghana, Christoph Retzlaff has confirmed that the German car manufacturer, Volkswagen (VW) will from early 2020 commence the first phase for the establishment of an assembling car plant in Ghana. According to him, the second phase of the assembling plant will also be established at new premises …

Shoppers in Ghana and across the world have yet again participated in one of the world’s exciting shopping experiences. The Black Friday usually offers shoppers outrageous reduction in prices on all kinds of items. Although not a very common experience in Ghana, the day is gradually gaining recognition. Citi Business …

The ongoing trial of former COCOBOD Chief Executive, Dr. Stephen Kwabena Opuni and businessman, Seidu Agongo, on Wednesday recorded another shocking moment with the Attorney General’s third prosecution witness rejecting the state’s most vital exhibit; the powdered lithovit foliar fertilizer entered into evidence last year. The exhibit is at the …