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uniBank is once again dominating the news after the Bank of Ghana announced that it had taken over the management of the indigenous bank and appointed KPMG to run it. As the story unfolds, here are 10 points to keep note of, including…
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Some economists are advocating an immediate audit into the risks faced by commercial banks in retrieving loans given to their customers to avert a collapse of the financial industry. The suggestions follow the Bank of Ghana’s decision to…
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Commercial sex workers at Suhum on Monday chased out workers from the Eastern regional office of the Ghana Tourism Authority who attempted to inspect the brothel. The commercial sex workers in a hostile reaction against the team from the…
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A credit consultant, Emmanuel Akrong has predicted that nine of the over 30 banks in Ghana could collapse if nothing is done immediately to save them. Although he failed to name the ailing financial institutions, he said those banks have…
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Guaranty Trust Bank (Ghana) Limited has posted a pre-tax profit of GHS127.5 million for the 2017 financial year representing a 20% growth over previous year’s GHS106.5 million. This is the eleventh (11th) successive year that the bank is…
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The Minority in Parliament has condemned government for diverting the funds meant for the National Health Insurance Scheme (NHIS) to pay allowances of trainee nurses. It has also accused the National Health Insurance Authority (NHIA) of…
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Ghana’s longest serving attorney general and a founding father of the opposition National Democratic Congress (NDC) Dr. Obed Asamoah has downplayed the influence of former President J.J Rawlings in the NDC. He said the supposed faction…
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The minority in Parliament believes finance minister Ken Ofori Atta is using the Central Bank to destroy businesses purportedly linked to the opposition National Democratic Congress (NDC). Speaking on Starr Today, Tuesday, March 20,…
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The 14 persons standing trial over the death of Major Maxwell Mahama at Denkyira Obuasi in the Central Region have vehemently denied killing the military officer. One of the accused persons, William Baah, the assembly member of the area…
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Despite the fact that three banks have been declared insolvent within the last eight months, with two of them totally collapsing, the Bank of Ghana (BoG) has insisted that the banking sector is in a healthy state. Commenting on the BoG’s…
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