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BUSINESS

PAC summons former Trade Fair CEO over missing GHC300,000 payment vouchers

The Public Accounts Committee of Parliament (PAC) has summoned a former Chief Executive Officer (CEO) of the Ghana Trade Fair Company (GTFC) Limited, Dr Ebenezer Erasmus Okpoti Koney, to appear before the committee to explain the circumstances under which thieves allegedly broke into offices of the centre and stole payment …

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We won’t go to IMF again – Ofori-Atta

Finance Minister, Ken Ofori-Atta has ruled out another romance with the International Monetary Fund (IMF), maintaining that sufficient macroeconomic gains have been made to prevent a return to the UN-backed institution. “The expectation of all of this is that we are consistently on top of the macroeconomics of the country, …

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100,000 Ghanaians lose $25m in Crypto scam

At least 110,000 Ghanaian investors have lost their investment totalling GHC135 million ($25.71m) to crypto investment scams and hacks in 2018, a report on the Global Coin Community Scam said. Members of Parliament are alarmed over the report and want regulators to police the sector to save Ghanaians from falling …

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Savings & Loans Directors undergo corporate governance training

In the quest to enhance the corporate governance practices of savings and loans companies, a training programme to educate directors of Savings and Loans (S&L) companies has been held in Accra. The training, which comes in the wake of the banking sector reforms, is to primarily enhance the knowledge of …

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Ghana, US companies sign agreement for provision of solar energy to Catholic facilities

Strategic Security Systems International and the American Engineering Group (AEG) International, on Wednesday signed an agreement for United States Government grant support for feasibility studies towards the building of small-scale solar systems for the Ghana Catholic Church. The project, which is expected to take off after the feasibility studies, will …

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RTI Bill: You don’t obstruct and take credit for it’s passage – Minority Leader to gov’t

Minority Leader in Parliament Haruna Iddrisu says a celebration of the passing of the long awaited Right To Information Bill by the incumbent government will be contradictory seeing that the latter spearheaded the obstructing of its passage at an earlier submission. Although not the ‘ideal’ bill for all concerned parties, …

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GCB sacks 164 former UT, Capital banks staff over WASSCE, SSSCE results

Some 164 staff of the defunct UT and Capital banks staff who were absolved by the GCB bank have been sacked from the company over their secondary school results. Even though some of the affected personnel have proceeded to acquire masters degrees, they are being sacked over their WASSCE and …

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Rev Owusu Bempah reacts to Kennedy Agyapong quitting politics

  The founder and leader of the Glorious Word and Power Ministry International, Rev Isaac Owusu Bempah has reacted to the decision of the Member of Parliament of Assin Central, Kennedy Ohene Agyapong to quit active politics. According to the man of God, his mother is sad over the decision …

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Pass consumer rights bill now! – Kofi Kapito

The Chief Executive Officer (CEO) of the Consumer Protection Agency, Kofi Kapito has called on the government to pass the consumer rights bill to protect consumers in the country. The call comes as Ghana Joins the world in celebrating the World Consumer Day, a day set aside to promote consumer …

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