Bank crisis: BoG promoting foreign banks – Donkor

Former Power minister Dr. Kwabena Donkor has urged the Bank of Ghana to be cautious with their posturing towards local banks. According to him, recent...

Court strikes out name of one defendant in defunct uniBank case

An Accra High Court hearing the case between the Receiver of Defunct uniBank, Nii Amanor Dodoo and shareholders of the bank has struck out...

National Labour Commission cries for support

By Belinda Ayamgha, GNA Accra, July 17, GNA - The National Labour Commission (NLC) has called on government to fully support the Commission to carry...

Ghana risks losing fish stock to depletion by Chinese-owned trawlers – Prof. Akpalu

Ghana is on the verge of losing its fish stock to China, a Natural Resources Economist, Prof. Wisdom Akpalu has warned. Prof. Akpalu in a...

US Embassy promises to build 18 CHPS compounds for Ghana

The United States government has pledged to construct a total of 18 community-based health planning and services (CHPS) compounds in Ghana this year through...

Heritage Bank collapsed, merged with Consolidated Bank

The Bank of Ghana has, in a surprise, move revoked the licence of Heritage Bank Ghana Limited. The central bank has also approved a purchase...

Ghana’s total debt hits GHS159.4bn

New data released by the Bank of Ghana puts the country’s total debt by July at 159.4 billion cedis, representing 65.9 percent of the...

Boards of consolidated banks failed to deliver – expert recommends sanctions

Corporate governance expert, Marian Barnoh, has said the board members of the five banks that have been consolidated failed to deliver on their mandate. Mrs...

Court orders Menzgold’s properties to be sold

The woes of troubled gold-trading firm, Menzgold Company Limited continues to deepen as a Circuit court in Kumasi in the Ashanti Region has ordered...

BoG ‘kills’ 16 banks to strengthen Ghana’s banking sector

A total of 16 universal banks which once operated in the country have been collapsed within two years as part of measures taken by...

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