BUSINESS



November 16, 2018
GT Bank meets BoG minimum capital requirement

The Managing Director of Guaranty Trust Bank Ghana Ltd, has disclosed that the bank has met the minimum capital requirement set by the Bank of Ghana. Thomas Attah John disclosed

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November 15, 2018
35 percent tax on 10,000Ghc income earners scrapped

Government has announced it has scrapped additional tax on income earners of Ȼ10,000 and above less than six months after it was introduced. Finance Minister Ken Ofori-Atta packaged the announcement

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November 15, 2018
Govt settles 80percent of DKM depositors

Government has settled about 80 per cent of disgruntled customers of the defunct DKM microfinance who lost their funds after the collapse two years ago. According to Finance Minister Ken

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November 14, 2018
China’s richest man, Jack Ma quitting his $420bn company to become a teacher

Earlier this month, on his 54th birthday, China’s richest man announced that he would step down as executive chairman of e-commerce giant Alibaba.  Jack Ma, the rags-to-riches entrepreneur behind China’s

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November 14, 2018
UT Bank receivers sue Woyome over GHc9.4m debt

Receivers of defunct UT Bank have sued businessman, Alfred Woyome over unpaid loans worth over nine million cedis.  Mr. Woyome is being dragged to the High Court along with his

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November 14, 2018
Pink Legacy diamond sold for world record price

A rare pink diamond has fetched 50.3m Swiss francs ($50m; £38.5m) at auction, a record price per carat. Pink Legacy, weighing in at just under 19 carats, was bought by

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November 6, 2018
‘We’re young, correct us when we go wrong’ – Menzgold CEO to SEC, BoG

The Chief Executive Officer of the Menzgold Company Limited, Nana Appiah Mensah, has appealed to the Bank of Ghana (BoG) and the Securities and Exchange Commission (SEC), to gently correct the company

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November 6, 2018
Uber, Taxify, others to get identification stickers from 2019 – DVLA

The Driver and Vehicle Licensing Authority (DVLA), has said that the activities of all technology-driven transport service providers in the country, will be regulated in the first quarter of 2019. 

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November 5, 2018
UT Holdings sued over unpaid GHc51m UT bank loan

The parent company of UT Bank has been sued after it took a ¢51m loan from its subsidiary but has refused to pay. Plaintiff, Pricewater House Coopers which was appointed a

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November 5, 2018
Otabil, others sued for ‘serious financial loss’ at Capital Bank

Popular pastor, Mensa Otabil, and his church International Central Gospel Church are among 15 shareholders and directors of defunct Capital Bank sued over the collapse of the bank in 2017.

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