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April 2018

AngloGold CEO Resigns

The Chief Executive Officer of AngloGold Ashanti Srinivasan Venkatakrishnan has resigned to take up the top job at diversified miner Vedanta Resources Plc. Venkatakrishnan’s appointment comes as a rebound in metals prices has prompted…
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289 Microfinance Firms To Fold Up

At least 289 microfinance companies are likely to be out of business if the Bank of Ghana does not extend the deadline for the new minimum capital requirement for players within that space. All microfinance firms are expected to increase…
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Patapaa Apologizes to Charterhouse

Hiplife artiste, Patapapa has apologized to Charterhouse, organizers of the Vodafone Ghana Music Awards (VGMAs) after he claimed they had taken bribe to cheat him out of winning the most popular song of the year. In an interview with…
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Tax Exemptions Cost Ghana GH¢2.6bn In 2017

Last year, import exemptions granted to foreign companies and other institutions rose by 15.5 per cent to GH¢2.6 billion. The rise in exemptions from GH¢2.3 billion in 2016 to last year’s figure brings to the fore the country’s inability…
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AMA to Suspend 25 Staff for Lateness

The Accra Metropolitan Assembly (AMA), has served notice that it will suspend 25 workers of the Assembly who reported to work late on Wednesday. Public Relations Officer for the AMA, Gilbert Nii Ankrah, told Citi News the staff have…
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