SEC in talks with MoF to secure comprehensive solution in paying defunct investment banks’ clients

June 15, 2020 The Securities and Exchange Commission (SEC) is in talks with the Ministry of Finance to secure a comprehensive solution for customers of the defunct investment banks who have their monies...

Written by:

June 15, 2020 / Comments (0)

EXPOSED: Banks caught in major violations

June 10, 2020 Changes made to loan agreements without notice Borrowers not provided pre-agreement contracts Exposing customer details to third parties Unfriendly environment for the physically challenged...

Written by:

June 10, 2020 / Comments (0)

Coronavirus: Global economy to diminish by about 5.2% – World Bank

June 10, 2020 The World Bank on late Monday predicted the global economy will diminish by about 5.2% in 2020 due to the coronavirus pandemic, indicating it one of the four most severe downturns in 150...

Written by:

June 10, 2020 / Comments (0)

Parliament approves EC’s C.I. 126 by majority decision

June 10, 2020 The C.I. 126, which makes the Ghana Card and the Ghanaian passport the only legal identification documents for registering people in the new biometric voters’ register, was first laid...

Written by:

June 10, 2020 / Comments (0)

BoG declares no dividend for 2019 despite GH¢1.8bn profit

June 10, 2020 The Bank of Ghana posted a profit of 1.8 billion cedis for 2019. This is about twice the operating loss of 793 million cedis it recorded in 2018. This has largely been attributed to the...

Written by:

June 10, 2020 / Comments (0)

SEC to restore licenses of some ‘collapsed’ Fund Management Companies soon

June 10, 2020 The Securities and Exchange Commission (SEC) has said it will in the coming days restore the licenses of some fund management companies whose licenses were revoked in 2019. This was...

Written by:

June 10, 2020 / Comments (0)

Validation still ongoing to pay Fund Management customers – SEC

June 10, 2020 The Securities and Exchange Commission (SEC) says it hopes to, in the near future, begin payment of outstanding validated claims of clients of some of the 53 fund management companies who...

Written by:

June 10, 2020 / Comments (0)

5,000 business startups to receive GHS50m support from gov’t – Mohammed Awal

June 10, 2020 Five thousand business startups are expected to receive financial support to the tune of about 50 million Ghana Cedis in the third window of government’s Presidential Business Support...

Written by:

June 10, 2020 / Comments (0)

Coronavirus may cost Africa US$4.8 billion in crop exports

June 9, 2020 The coronavirus pandemic could cost Africa as much as $4.8 billion in lost agricultural exports and affect the livelihoods of 10 million farmers, McKinsey & Co. said. Disruptions...

Written by:

June 9, 2020 / Comments (0)

Kenyan company rolls out first African-made video conferencing app

June 9, 2020 A Kenya-based company has developed a video conferencing application, the first made in Africa, designed to be more affordable than foreign counterparts. Gumzo, which means...

Written by:

June 9, 2020 / Comments (0)