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The Bank of Ghana (BoG) has stated that it is finalizing a report that will explain the causes of the collapse of UT Bank and Capital Bank. The central bank closed down UT Bank and Capital Bank in August last year to protect the banking…
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The Bank of Ghana (BoG) has revealed that 37 percent of licensed Micro Finance Institutions that entered 2018 are distressed or have collapsed. This has contributed to the GHȼ740.5 million which is owed to an estimated 705,396 depositors…
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Government has ordered the indefinite suspension of the proposed fumigation levy for shippers. The policy, was aimed at fumigating all imported cargo upon arrival at the ports. However, a statement signed by the Information Minister,…
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The Wa Polytechnic chapter of the Polytechnic Teachers Association of Ghana (POTAG), has called on the Governing Council of the institution to cancel an upcoming induction ceremony for its Rector, Owusu Marfo. This follows series of…
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Citi Business News‘ checks across Accra in the early hours of Wednesday, March 21, 2018 indicated that there is panic withdrawal among customers of Unibank following the takeover. Some of the customers who spoke to Citi Business News …
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The Ghana Education Service , has warned that teachers in both private and public schools who inflict Corporal punishment on students would be appropriately dealt with per the guidelines of the service. In a statement signed by the…
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The Member of Parliament for Builsa South, Dr Clement Apaak, has dared the Information Minister Mustapha Hamid to petition the Speaker of Parliament if he believes the minority leaked the Ghana-US agreement to the public. Hamid, at a…
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Special Prosecutor, Martin Amidu, is convinced that Dominic Ayine, who has filed a suit at the Supreme Court challenging his appointment, is being sponsored by officials of the opposition National Democratic Congress (NDC). Martin Amidu,…
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Former French President Nicolas Sarkozy says allegations he received campaign funding from late Libyan leader Muammar Gaddafi are making his life "hell". "I am accused without any physical evidence," Mr Sarkozy told magistrates as he was…
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Nearly all of the 110 Nigerian schoolgirls kidnapped by militants in the town of Dapchi last month have been returned, the government says. Officials said at least 101 girls were reunited with their families after being brought back to the…
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