BUSINESS

Despite the war that has been declared on illegal mining by the Akufo-Addo government, operators of the trade are still not bothered and continue to wreck havoc on the environment with impunity. This time, not only have they moved from the pollution of the water bodies, but also to the …

Immigration officers in Ghana have revealed that twelve Ghanaian women have been deported from the Kingdom of Saudi Arabia. They have been handed over to Ghana’s Bureau of National Investigations (BNI) for further investigation, the Ghana Immigration Service (GIS) announced in a statement. “Twelve Ghanaian females have also been deported …

The customers of Menzgold Ghana Limited are not greedy people, the CEO of the now-defunct gold-trading firm has said. “I do not subscribe to the assertion that Menzgold customers were greedy”, Nana Appiah Mensah told journalists on Monday, 19 August 2019 at a press conference. He also denied claims that …

The Bank of Ghana has rejected viral claims, GN Savings and Loans company collapsed because government failed to pay debts it owed the company. Deputy Director of Banking Supervision at the Bank of Ghana, Elliot Amoako said it is other companies within Groupe Nduom which owed the now defunct institution. Chairman …

Financial Analyst, Toma Imihere, has countered the Bank of Ghana‘s (BoG) assertion that the clean-up of the banking sector has been completed. On The Big Issue on Saturday, Mr. Imihere said there are still some major institutions unable to meet the minimum capital requirement and that claims the sector has …

Two individuals who acted as staff of the Power Distribution Services (PDS) have been put in remand by the Kyebi Magistrate Court. The two, Okai Samuel, 26, a student at Coaltar Senior High School and Prince Owusu Ansah, 27, also a student of the Accra Technical University, were arrested by …

Bank of Ghana has closed down 23 Savings and Loans companies, Starrfm.com.gh can reveal. Documents available to Starrfm.com.gh contain some heavy weights in the savings and loans sector such as Midland, Ideal, uniCredit and Global Access whose licenses have been revoked after a review exercise in the past months. According …

ABC News Ghana can authoritatively report that the US Embassy in Ghana has dismissed a request by the Minority in parliament for a separate probe into issues of alleged fraud in the PDS-ECG concession arrangement. The Minority in a letter signed by its leader, Haruna Iddrisu, and submitted to the …

Conservative candidate and ex-prison chief Alejandro Giammattei has been elected president of Guatemala. Preliminary results show he took 59% of the vote, while his centre-left opponent Sandra Torres won 41%. Ex-first lady Ms Torres, who won the first round in June, was running for the third time, while Mr Giammattei was making …

The Chairman of Groupe Nduom, Dr Papa Kwesi Nduom, has said the delay by the government in paying local contractors, some of whom, he said, are customers or investors, has led to the lock-up of GHS2.2 billion from the Groupe’s Gold Coast Fund Management, alone.“When we keep fighting for Ghanaian …