BUSINESS

A journalist has been arrested in Tanzania accused of publishing fake news about alleged police abuse of suspects in custody. Joseph Gandye works for Watetezi TV, a station established last year by the Tanzania Human Rights Defenders Coalition (THRDC). THRDC issued a statement condemning Gandye’s arrest, saying he was being …

The management of uniCredit has sued the Bank of Ghana (BoG) for revoking the licence of the company.uniCredit is praying the Human Rights Division of the High Court to dismiss the action of the central bank.In a writ filed on Monday, 19 August 2019, Hoda Holdings Limited, the mother company …

The Attorney-General’s Office has advised the Chief Executive Officer (CEO) of Menzgold, Nana Appiah Mensah, to officially write to seek assistance to claim a $39 million judgment allegedly awarded his company in Dubai.Similarly, lawyer for some of the affected customers of Menzgold, Amanda Clinton, has also said the businessman would …

‘The Producer Price Inflation (PPI) in the petroleum subsector was 42.2 percent in July 2018. The rate decreased to 31.1 percent in September 2018, the Ghana Statistical Service (GSS), has said. However, the GSS said, the sector increased again to 36.1 percent in October 2018 but resumed a downward trend …

The Ghana National Association of Small Scale Miners (GNASSM) has welcomed the amended mining law, but with some reservations that it says must have been addressed before the president would assent to the bill. The amended Minerals and Mining Act, 2015 (Act 900) and the Minerals Commission Act, 1993 (Act …

A planned demonstration against government by Civil Service Organisations (CSO’s) over the botched Power Distribution Services (PDS) deal has been foiled by the police. The protest, dubbed: ‘Drop PDS Demonstration’ is to express their displeasure against government’s inaction leading to suspension of the deal. But, the Ghana Police Service has …

Following recent happenings with some major financial institutions in the country, some customers have decided to ‘bank in their homes’ rather than carry their monies and invest in any banking institution for fear of losing their monies in the face of any more revocations. The Bank of Ghana Friday revoked …

A customer of the defunct gold-trading firm, Menzgold Ghana Limited, Mr Christian Tsifoakah, has said he is unable to marry because hundreds of thousands of Ghana cedis of his investment has been locked up with the company.The Chief Executive Officer (CEO) of Menzgod, Nana Appiah Mensah on Monday, appealed to …

The Member of Parliament for Effiduase-Asokore Constituency in the Ashanti Region Hon. Dr. Nana Ayew Afriye has supported 60 women in his constituency with a soft loan facility from Kwadaso Citizen Credit Union for them to expand their businesses. The legislator after engaging the Board Members and the Management of …

Boris Johnson has told the EU the backstop plan for the Irish border must be scrapped because it is “unviable” and “anti-democratic”. In a letter to European Council President Donald Tusk, the PM said the backstop – which aims to avoid a hard border – risked undermining the Northern Irish …