Economy
The best of current economic news for Ghana, Africa and other parts of the world
Customer wins lawsuit against Gold Coast Securities over unpaid investment
The woes of Groupe Nduom, chaired by Dr. Papa Kwesi Nduom, are far from over as an angry customer of...
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5 major reasons why BoG revoked the license of Heritage Bank
As part of its efforts to clean up the banking sector, the Bank of Ghana has examined the affairs of Heritage...
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GN Bank explains why they opted to be a Savings and Loans Company
Management of defunct GN Bank has explained that its decision to operate as a savings and loans company was because...
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Bank of Ghana downgrades GN Bank to Savings and Loans company
The Bank of Ghana has downgraded Dr Papa Kwesi Nduom's GN bank to a savings and loans company effective January...
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Huawei demotes workers for tweeting from an iPhone
Huawei Technologies Co. can get really touchy about its phones. This week, the fast-rising Chinese company demoted and cut the...
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Minimum Capital Requirement: Bank of Africa vows to be recapitalized by January 7
The Bank of Africa (BoA) Ghana Limited says it is "almost" done with the processes needed to meet Bank of...
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7 Financial Sector Developments and Trends to Watch in 2019
Banks to Lower Deposit Rate, Lend Less & Hold off Employment Having crossed the Ghs 400 million capitalisation mark, banks...
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Omni Bank and Sahel Sahara merge to form Omni-BSIC Bank
The Bank of Ghana (BoG) has approved the merger of local lenders, Omni Bank, and Sahel Sahara Bank into one...
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Auditor-General recovers over ¢67m from surcharges in 17 months
The Auditor-General’s Department has recovered for the state more than ¢67 million from various surcharge certificates issued to individuals and...
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Investors battle to swallow Absa’s road to recovery tale
Absa Group Ltd. is having a hard time convincing some investors it can win back the market share lost while...
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