BUSINESS

Customers of Gold Coast Fund Management in the Ashanti Region have called on President Nana Addo Dankwa Akufo-Addo and the government to intervene and help them retrieve their locked-up investment from the owner of the company, Dr Papa Kwesi Nduom.The aggrieved customers say all attempts to get their locked-up investments …

The Africa Center for Energy Policy (ACEP) has urged government to, as a matter of urgency, review all existing Petroleum Contracts and their deliverables to ensure that companies who are not complying with their contracts are sanctioned appropriately. According to ACEP, out of the 15 active Petroleum Agreements, beyond the …

The Minority Leader Haruna Iddrisu has described the Trade and Industry Ministry’s planned sale of the Komenda Sugar Factory as a rip-off. The Tamale South legislator said the decision to sell the Indian government-financed entity defies logic and has the potential to damage the existing relationship between the two governments. …

Despite the daunting challenges in the financial sector in 2018, Bonzali Rural Bank Limited (BRB) managed to carry out its strategies extremely well to uphold its financial performance and stay afloat. As at 31st December 2018, the bank recorded a total deposit of GH26,138,762.00 as against a figure of GH26,001,724.00 …

Parliament has approved a loan of €127million to overhaul NVTI programmes, Deputy Minister of Education in-charge of Technical & Vocational Education & Training, Gifty Twum-Ampofo, has disclosed. Speaking to DAILY GUIDE after touring some technical and vocational institutions in Koforidua, she said part of the loan would be used to …

The Volta Region-based Homeland Study Group Foundation (HSGF), which is agitating for the restoration of the Western Togoland as an independent state, says it is not perturbed by the arrest of its chairman and seven other leaders by police. The Foundation warned that whatever they had planned to carry out …

The total assets accruing to the Energy Sector Levy Act (ESLA PLC) increased by 2.5% for the first quarter of 2019 compared to the same period in 2018. According to the unaudited financial statement of ESLA PLC, the figure increased from 5.76 to 5.9 billion cedis for the period spanning …

The International Monetary Fund (IMF) has warned that Ghana could face revenue shortfall if the country starts the implementation of the African Continental Free Trade Agreement(CFTA) this year. The IMF maintains that although the agreement will boost trade on the continent, it will affect earnings and employment opportunities in some …

The Municipal Chief Executive (MCE) for the Suame Municipal Assembly in the Ashanti region, Hon. Dr. John Osei Bobie, has explained that the statue erected at the Kumasi Kejetia Market represents the true image of Asantehene, Otumfuo Osei Tutu II, depending on the angle one views from, as criticized by …

The Bank of Ghana (BoG) will today begin the circulation of its enhanced GHc10, GHc20 and GHc50 notes. According to the Bank of Ghana, both the old and the new notes will be used concurrently until the old ones are phased out. New features on the new notes include a …