25 C
Accra,Ghana
Wednesday, September 20, 2017
The total stock of loans that banks fear may go bad have reached close to GH8 billion as at June this year, the latest Bank of Ghana Banking (BoG) sector report said. The report which tracked the performances of banks from June 2016 to June 2017 showed the latest numbers translate into...
Fiesta Royale Hotel has engaged its clients, partners, and guests to a cocktail in a bid to take stock of the second quarter, 2017 and acknowledge them for their support and loyalty. The event was held under the theme: ‘Our Customers, Our Partners.’ It was a fun-packed night amidst socialization as...
GCB Bank has been adjudged the Best Compliance Employer of the year at the just ended Africa compliance professional’s awards in Accra. GCB Bank beat competition from other intuitions in this category like First National Bank Ghana, Afriland First Bank of Liberia, Swaziland  Building Society and Al Baraka Bank South Africa. In all, 10...
Vice President of Databank, Daniel Obgarmey Tetteh has appointed as the new Director General of the Securities and Exchange Commission.   He takes over from Dr. Adu Anane-Antwi who retired from the commission as its boss in December 2016. Profile of New SEC boss Rev. Daniel Ogbarmey Tetteh has over 20...
Finance Minister, Ken Ofori Attah, has sworn in new board members of the Securities and Exchange Commission (SEC). The 11 member board has been tasked to ensure that it regulates and streamlines development in the capital market. Addressing the board, Ken Ofori Attah said he remains committed to ensuring that...
Expresso Telecom is expected restart full operations as Celltel within the next three months. The original owners, Kludjeson International Limited say they have advanced moves to put the company back on a strong footing and ensure it regains its enviable position in Ghana’s telecoms space. Kludjeson International has taken over...
The Government has intensified its efforts in exploring the possibility of making China a major consumer of cocoa products from Ghana.  In the first quarter of 2017, trade volume between Ghana and China reached nearly US$1.4 billion. But the Ghanaian government is seeking to build new trade links with China through...
Alex Oppong has been appointed the new Principal Consultant to e-Crime Bureau, Ghana’s leading cyber security and digital forensics consulting firm effective August 1, 2017. He replaces Albert Antwi Boasiako who has also been appointed Cyber Security Advisor to the Communications Ministry – to support the implementation of the National...
The President of the Ghana Association of Bankers, Alhassan Andani, has ruled out the possibility of acquisition, mergers or a takeover within the banking industry. Alhassan Andani, who is the CEO of Stanbic Bank, a leading universal bank, told the Economy Times that “I don‘t envisage any takeover, merger or...
The Social Security and National Insurance Trust (SSNIT) spent $66 million on the acquisition of a faulty software, nearly two times the price it had earlier on budgeted for. Documents intercepted by Joy News revealed SSNIT had budgeted $34,011,914.21 in 2012 for the procurement of Operational Business Suite, a technology that would...