Business News Page ||Your Favorite Online News Portal in Ghana


January 29, 2019
Huawei denies wrongdoing after US criminal charges

Chinese telecoms giant Huawei has denied any wrongdoing after US prosecutors filed a host of criminal charges against the firm. Huawei has also rejected criminal claims against its chief financial

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January 28, 2019
Renault to establish assembly plant in Ghana

French multinational automobile manufacturer, Renault, is considering the establishment of an automobile assembly plant in Ghana, following in the footsteps of Volkswagen, Nissan and Sinotruk who will, this year, establish

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January 10, 2019
550m barrels of oil discovered in Ghana

Aker Energy has discovered oil in commercial quantity in Ghana estimated around 450 – 550 million barrels, the company has announced. The well was drilled at the Pecan field approximately 166

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January 7, 2019
Jim Yong Kim steps down as President of World Bank

World Bank President, Jim Yong Kim has made the surprise announcement that he is stepping down after six years in the post. His resignation will take effect from 1 February.

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January 5, 2019
Pay your debt owed us; Nduom charges on Gov’t

Chairman of Groupe Nduom, and owner of now defunct GN Bank, Dr. Paa Kwesi Nduom, says they are looking forward to an assurance by the Bank of Ghana (BoG), to help them retrieve monies

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January 4, 2019
BoG downgrades GN Bank to savings and loans

The Bank of Ghana has downgraded GN Bank to a savings and loans company. This was after the Central Bank finished what it describes as the banking resolution requiring each

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January 4, 2019
BoG approves merger of OmniBank with Sahel Sahara Bank

The Bank of Ghana (BoG) has given final approval for the merger of indigenous lender, Omni Bank, with Sahel Sahara Bank into one entity to be known as Omni-BSIC Bank Ghana Limited. This is

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January 2, 2019
Stanbic Bank ‘takes over’ Bank of Baroda

The Ghana unit of Standard Bank of South Africa, Stanbic Bank Ghana Limited, has absorbed customers of the local subsidiary of Indian-state lender, Bank of Baroda under an arrangement that

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December 31, 2018
Govt prepares GHc2bn bailout package for six banks

The government is to announce a GH₵2 billion bailout package for some six indigenous banks to enable them to meet the Bank of Ghana (BoG) deadline on recapitalization, which expires

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December 28, 2018
CLUB rewarding customers with 1 million bottles in ‘Charlie Afehyia Pa’ promo

CLUB Lager, Ghana’s number one selling beer is wishing Ghanaians Afehyia Pa! this holiday season with one (1) million free bottles this festive season.   The season is a time

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