Tag Archives: BANK

The Chairman and President of Groupe Nduom, Dr. Papa Kwesi Nduom, has sued the Republic Press newspaper over a news story published in its Monday, May 30, 2022 edition. The front page of the newspaper carried the headline “Nduom’s GN Bank in Trouble Again” with Dr. Nduom’s name misspelled. Dr. …

The Bank of Ghana Monetary Policy Committee has reviewed the policy rate by 200 basis points from 17 percent to 19 percent. Governor of the central bank, Dr. Ernest Addison speaking at a press conference on Monday May 23 explained the move is meant to stem inflation which has been surging in recent …

It has emerged that the dismissed Chief Executive Officer of the Public Procurement Authority (PPA), Adjenim Boateng Adjei has successfully cleared all funds in his various bank accounts which were declared frozen by the Office of Special Prosecutor in 2019. Adjenim Adjei was indicted after an investigation by the Office …

An attempt by William Ato Essien, the founder of the defunct Capital Bank to halt proceedings in the ongoing trial has failed. The court prior to moving the Application for Stay of Proceedings pending a determination of an interlocutory appeal, hinted counsel, that, it was going to dismiss the application …

The Bank of Ghana (BoG) has in a statement cautioned the general public against investing in a cryptocurrency scheme “SIDICOIN” expected to be launched in the country before long. The statement, issued on April 27, 2022, and signed by the secretary, Sandra Thompson, said “neither this investment scheme nor the …

Member of Parliament for Assin Central, Kennedy Agyapong, has advised that for Ghana to move forward, the youth must have a mindset of entrepreneurship. According to him, with most graduates yearning for corporate jobs after school, their salaries after tax deductions are nothing to write home about. He added that, however, …

An Accra Circuit Court has granted GHC6 million bail with three sureties to Stephen Arthur over an alleged attempt to defraud Fidelity Bank Limited of GHC2,100,000 belonging to customers. One of the sureties, the court ordered, should be justified with landed property. Three of his accomplices: Nicholas Gyekye, Ahmed Ansah …

Five years ago, a South African student embarked on a spending spree and treated herself to the good things of life after a bank error credited her account with about $1 million. On June 1, 2017, Sibongile Mani, who was then a student at South Africa’s Walter Sisulu University (WSU), …

With the passage of the Electronic Transactions Levy (E-Levy), arguments on whether or not the country should still pursue the option of either going to the World Bank or the International Monetary Fund (IMF) have been shot down by the Managing Editor of the Insight newspaper, Kwesi Pratt Jnr. According to …

Businessman and politician, Dr Papa Kwesi Nduom has said that his bank, GN Bank, that was collapsed during the banking sector cleanup exercise in 2019, should be brought back. In a Facebook post on Saturday March 19, he said “Indigenous, Home Grown Product.#Bring Back GN Bank…The People’s Bank!.” During the …