August 31, 2017
Ghana,IMF programme extended by a year

Freeze in government sector employment is expected to continue till April 2019 following an extension of the International Monetary Fund (IMF) programme with Ghana. The IMF approved the extension during

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August 30, 2017
GSE suspends Cocoa processing Company

The Ghana Stock Exchange (GSE) has suspended trading in the shares of Cocoa Processing Company Limited (CPC) with effect from August 30, 2017. The company has failed to meet its

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August 29, 2017
Ghana meets IMF to finalize exit

Government is set to meet the board of the International Monetary Fund (IMF) tomorrow to present its decision not to extend the programme. Finance Minister Ken Ofori-Atta in his mid-year

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August 25, 2017
Banks have 1 year ultimatum to recapitalise – Finance Minister

Finance Minister Ken Ofori-Atta has indicated that banks would be given up to a year to meet the new minimum capital requirement when the recapitalisation announcement is made. The Governor

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August 22, 2017
China relaunches world’s fastest train

China’s fleet of high-speed trains is set once again to become the world’s fastest. The top speed of the Fuxing or “rejuvenation” bullet trains was capped at 300km/h (186mph) in

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August 21, 2017
Kasapa ‘founder’ to take over, revive dying telco

Founder of Celltel Limited, now Kasapa Telecom Limited, Prince Kofi Kludjeson, has said he is in the process of taking over the dying company, rebranding it to Celltel and reviving

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August 18, 2017
BoG freezes accounts of directors, managers of UT, Capital Banks

The Central Bank has frozen the accounts of key management members of UT and Capital banks, hours after the banks went bust. The Bank of Ghana has explained, the decision

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August 16, 2017
Swiss Gold Global denies Menzgold Ghana affiliation claims

Switzerland-based gold company, Swiss Gold Global, says it is not affiliated to Ghanaian gold trader, Menzgold Ghana and has not authorised it or Menzbanc to use its name. Swiss Gold

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August 14, 2017
GCB wipes off UT bank logo at branches

Rebranding of the head office of UT bank into GCB is currently underway following the takeover of their operations by the Ghana Commercial Bank. Insignia experts are currently at the

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August 14, 2017
Stock Exchange suspends UT Bank

The Ghana Stock Exchange (GSE) has suspended the listing status of UT Bank following its collapse and subsequent takeover by Ghana Commercial Bank. This was revealed in a statement copied

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