Transport fares to go up soon – GPRTU

The Ghana Private Road Transport Union (GPRTU) has hinted of a possible increase in transportation fares, following the recent hikes in fuel prices. Prices of...

Banks lose GHc19.1m to theft committed by own employees – BoG...

A Bank of Ghana report on banking fraud in the country has revealed that there is a growing number of employees of banks either...

BoG spent GH¢153 million on printing cedi notes in 2018

The Bank of Ghana last year spent more than GH¢153 million to print the country’s legal tender, the cedi. The amount spent includes the actual...

About 4,000 Savings and Loans workers to lose their jobs –...

The Savings and Loans Association of Ghana is predicting that about 4,000 direct jobs will be lost following the revocation of licenses of twenty-three...

Government does not owe GN Savings and Loans – BoG reacts...

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...

20 collapsed microfinance firms to settle depositors with own funds –...

Some of the collapsed microfinance companies say they will be paying customers their full deposits, according to their Receiver. Eric Nipah, Receiver for the Microfinance...

Over 2,000 staff of collapsed savings & loans companies to lose...

About 2,000 employees of the 15 Savings and Loans Companies whose licenses were revoked by the Bank of Ghana on Friday are expected to...

Let’s support 24 remaining savings & loans companies – Association

The Ghana Association of Savings and Loans Companies (GHASALC) is calling on the public to support Savings and Loans companies that have been cleared...

Funds available to pay customers of collapsed saving & loans firms,...

The Bank of Ghana has assured that customers of the 23 finance houses and savings and loans companies shut down, will not lose their...

Why the BoG closed down Ideal, Midland, GN, Unicredit, 19 others

he Bank of Ghana has given detailed reasons on why it revoked the licences of 23 insolvent savings and loans companies and finance house...

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