30 C
Accra,Ghana
Monday, May 21, 2018
The Managing Director of Cal Bank, Frank Adu Jnr. is calling for a restructuring of the Central Bank. His call comes barely 72 hours after the second Deputy Governor of the Bank of Ghana (BoG) Dr. Johnson Asiama indicated that the Central Bank is in a poor financial state...
IMANI Africa has petitioned Vice President Dr. Mahamudu Bawumia to facilitate the abrogation of a newly signed $86.4 million contract between the state and a telecommunications company, GVG/Kelni. GVG/Kelni, a Haitian originated company, has been awarded a contract by the government for design, development and implementation of a common...
Ghana now has the most advanced electronic payments system on the African continent, following the launch last week of the Mobile Money Payment Interoperability System, and this will allow for greater financial inclusion, the Vice President, Dr Mahamudu Bawumia has declared. While some countries on the continent have the...
The Energy Minister, Boakye Agyarko has slammed the Chief Executive Officer of Tema Oil Refinery (TOR), Issac Osei for challenging plans to convert TOR into a tank farm. The Energy Minister disclosed in January that government in partnership with the private sector will build a new oil refinery at...
Agility, a leading global logistics provider, has leased warehouse space in the Agility Warehouse Park in Ghana to Cummins for a new West African Distribution Center. Cummins, one of the world’s leading manufacturers of diesel engines, generators, filtration and associated engine components, will use the facility to stock and...
The former second deputy governor of the Bank of Ghana, Dr. Johnson Asiama has denied claims by government that the Central bank did not engage the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) in the award of the interoperability contract. According to him, although GhiPPS was deeply involved in...
The Chief Executive Officer of the Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) Archie Hesse has denied claims by the former deputy governor of the Central Bank that they were involved in the engagement that led to the award of the Interoperability contract. Former deputy governor Johnson Asiama...
Fuel prices will go up marginally in the next pricing-window, the Institute for Energy Security has predicted. According to IES, an increase in the price of Brent Crude on the world market and the depreciation of the local currency are the main factors affecting the hike. “The increases in...
A former second Deputy Governor of the Bank of Ghana, Dr. Johnson Asiama has indicated that the Central Bank is in a poor financial state and needs immediate financial support from government. Dr. Asiama made the revelation on Starr Today Tuesday evening in response to government’s claim that the...
Barclays Africa Group Ltd shareholders have approved that the group changes its name to Absa Group Limited in July, setting in motion the start of one of the largest re-brand projects in Africa at this time. “The vote in support of our name change in July marks another milestone...