Group praises Energy Bank, First Atlantic Bank merger talks

A group calling itself the Financial Literate Generation (FLG), has described as positive and innovative, moves by Energy Bank and First Atlantic Bank to merge. The FLG in a statement issued Tuesday December 11, and signed Head of Financial Situation…

Nestle Ghana is “Overall Best Industrial Company of the Year”

Nestlé Ghana Limited has been named overall Best Industrial Company of the Year as well as receiving the Overall National Best Quality Company and National Quality award, Diamond Category (Food), at the 7th Association of Ghana Industry and Quality Awards….

UNDP launches mobile App for cocoa tree registration 

The United Nations Development Programme (UNDP), with support from Mondelez Cocoa Life Program, has launched a mobile application to facilitate tree registration in off-reserve cocoa landscapes in the Asunafo North and Suhum Municipalities, in the Ashanti and Eastern Regions respectively. …

Africa’s biggest fund manager to be probed on Steinhoff

South Africa is investigating a 9 billion rand ($629 million) loan made by the Public Investment Corp. to a black empowerment partner of embattled retailer Steinhoff International Holdings NV, according to people familiar with the matter. The probe will seek clarity…

Telesol Ghana Redefines Data With The Launch Of Latest 4G Wireless Network

Telesol 4G is The Rising Sun that has come to provide rays of hope with life-changing, reliable 4G and Fiber Internet services in the Broadband Wireless Access (BWA) space. This is the country’s latest broadband internet service that is already…

First Atlantic Bank Briefs Bank Of Ghana On Merger Plans

The First Atlantic Bank in a bid to raise the GHC400 million minimum capital requirement has made a major move towards its merger plans with Energy Commercial Bank The bank has now officially notified the Bank of Ghana over its…

First Atlantic Bank formally notifies BoG of merger plans with Energy Bank

First Atlantic Bank has formally notified the Bank of Ghana over its planned “Merger” with Energy Commercial Bank. JoyBusiness understands the required documents have been sent to the Central Bank for their “no objection” approval for the two parties to…

Finance Minister collapsed Mengzold because it’s a threat to his Databank-Maurice Ampaw

Controversial lawyer, Maurice Ampaw is alleging that Finance Minister, Ken Ofori Atta in concert with the Bank of Ghana (BoG) and Securities and Exchange Commission (SEC) deliberately closed down gold trading hub, Menzgold because it threatened the existence of his…

Ghana set to commence flights to Seychelles

Ghana is set to commence flights to Seychelles after the country initialled a bilateral air service agreement with Seychelles.  Deputy Minister of Aviation, Kwabena Okyere Darko-Mensah and his counterpart from Seychelles signed a Memorandum of Understanding (MoU) at the ongoing…

Imperatives before the marriage dubbed merger & acquisition

When the announcement of the new capital requirement of GH¢400m for all commercial banks in the country was made by Governor of Bank of Ghana in September last year, it became apparent that the financial landscape will witness some wrenching…