BUSINESS

Scores of customers of the Nsawam branch of the  GCB Bank Limited have been left stranded at the premises after a court order has caused the bank to be shut down Thursday morning. The shut down order comes after the bank failed to release the Ghc 3.7million  account of Global …

As part of the processes initiated by the President and Chairman of Groupe Nduom (GN), Dr. Papa Kwesi Nduom through the Gold Coast Fund Management (GCFM) in court to recover investment funds and pay aggrieved customers of their locked-up investments, a list of companies and individuals indebted to GCFM has been released. …

Gideon Boako, a spokesperson for the Vice President, has rejected claims that government’s indebtedness to GN Savings and Loans Company caused its collapse. The Chairman of Groupe Nduom, Dr. Paa Kwesi Nduom had alleged that government’s failure to pay contractors who owed him caused his company’s demise. Former President John …

White House journalist who described the South African president as an “unidentified leader” has drawn a backlash from social media users and press in South Africa and beyond. Darlene Superville, the White House reporter for The Associated Press, tweeted a picture of four world leaders at this year’s G7 summit, …

The Bank of Ghana has revealed that the number of registered internet banking customers has reduced. According to the central bank, the number fell by 12.9 per cent from 936,965 in 2017 to 815,904 in 2018. The BoG made these observations in the Payment Systems Oversight Annual Report, 2018 “Number …

Ghana’s debut 20-year bond issued was not a failed or under-subscribed offering but a fairly priced offering that has established another data point along government’s yield curve, the Finance Ministry has said. In a press statement issued on Wednesday, the government said although the amount received in bids was less than the …

Citizen Watch, one of the leading think tank groups in the country, has commended Nana Addo Dankwa Akufo-Addo’s government for reviewing the farmgate price for cocoa farmers. The government has agreed to pay $1,820 (GHC9,800) per tonne to Ghanaian cocoa farmers which represent 70% of the floor price of $2,600 …

I was to drown in the sea, but you saved me only to be killed by you Oh! The sea tossed me from one wave of misery to the other But I liked that torture than being in your arms For the first time ever I felt something that was …

The Securities and Exchange Commission (SEC) has assured the investing public that there is no need for “panic withdrawals” as it is committed to ensuring a sound, efficient and robust market where investors’ funds are protected.The SEC’s assurance follows the revocation of licences of 23 insolvent savings and loans companies …

The Ghana lotto operators Association, GLOA has appealed to government to launch an investigation into the conduct of  Kofi Osei Ameyaw, Director- General of the National Lotteries Authority, NLA and some top management members for their alleged plans to collapse private lotto operation in the country. The Association in a …