July Winners Receive Flat Screen TVs, Cars

Users of MTN in and around then Central Business District of Kumasi who has not yet taken interest in the ongoing MTN [email protected] promotion are biting their fingers at the exciting prizes they have lost already. Patrons at a short…

Receiver pays customers affected by Microfinance shake-up

In May, it was reported that a number of Microfinance companies had had their license revoked. Just last week, the same fate befell the savings and loans sector. The Central Bank says the reforms were necessary to protect the integrity…

Ghana Commissions West Africa’s Largest Steel Factory

Minister of Trade and Industry, Alan Kwadwo Kyeremanten has commissioned the largest fabrication steel factory in West Africa. The factory located at Kpone in the Greater Accra Region of Ghana falls under the One District One Factory (1DF1), a flagship…

Forex Trading In South Africa, Its Rules and Its Regulations

Forex trading is becoming an increasingly popular trend around the world. The number of forex traders has increased up to 10 million worldwide. South Africa offers a very huge market for forex trading with very high growth potential. With so…

Ghana Unveils West Africa’s Largest Steel Factory

Minister of Trade and Industry, Alan Kwadwo Kyeremanten has commissioned the largest fabrication steel factory in West Africa. The factory located at Kpone in the Greater Accra Region of Ghana falls under the One District One Factory (1DF1), a flagship…

B5 Plus Limited Grabs More Awards

Accra, Ghana, August 20, 2019,/ — Leading steel and iron manufacturing company B5 Plus Limited has been recognized for its leading role in the construction industry of Ghana. The company, last week, added to its collection, four more awards with…

Survived Finance Houses Funds Locked Up In Collapsed Companies— Association Of Finance Houses

The Association of Finance Houses has welcomed the central bank’s clean-up of the finance house sector urging customers to exercise patience as the remaining companies retrieve funds locked up with some of the collapsed companies. A statement signed by its…

BoG Replies Former Dep Governor

The Bank of Ghana (BoG) has responded to the former Deputy Governor Dr Johnson Asiama on his recent comments regarding the financial sector cleanup. In a statement released on Friday, the BoG said, “Under the leadership of Governor Addison, the…

Midland Savings Hit With Massive Losses

Bank of Ghana (BoG) has revealed Midland Savings and Loans Company Limited registered persistent operational losses which made it difficult for it tooperate. This culminated in an adjusted negative capital adequacy ratio (CAR) and negative net worth for the company…

¢153m Spent On Printing Cedi Notes In 2018

The amount spent includes the actual cost of printing the legal tender, fees paid to the agency that supervised the printing process as well as what the central bank describes as other currency expenses. According to the central bank’s 2018…