Mrs. Frances Adu-Mante ABSA GROUP has announced the appointment of Frances Adu-Mante as Board Chair of Absa Bank Ghana after securing the necessary regulatory approvals. Mrs. Adu-Mante, who has served
Petroleum Holding Fund Receives $261m In 2nd Half
FPSO Kwame Nkrumah THE PETROLEUM Holding Fund (PHF) received a total amount of US$261.00 million from lifting proceeds in the second half of 2020 compared to receipts of US$235.28 million
Public Debt Hits GH¢286.9 billion; BoG Maintains Policy Rate
Dr. Ernest Addison Ghana’s total public debt stock has risen to 74.4 percent of Gross Domestic Product (GDP) representing GH¢286.9 billion at the end of November 2020. The Bank of
Nana Dwemoh Benneh Heads UMB
Nana Kwadwo Dwemoh Benneh THE BOARD of Universal Merchant Bank (UMB) has appointed Nana Kwadwo Dwemoh Benneh as the new chief executive officer following the approval of the Bank of
$250m World Bank Support For Dev’t Bank Project
Ken Ofori-Atta, Finance Minister THE MINISTRY of Finance says it has received financing from the World Bank towards the cost of the preparation of the Development Finance Project which supports
Mensin Gold Bibiani Introduces Chifeng To Chiefs
Officials of Chifeng and Resolute Mining in a pose with chiefs of Bibiani MENSIN GOLD Bibiani Mines has introduced Chifeng, the new owner of the mines, to the Sefwi Anhwiaso
Debt Stock Rises To GH¢286.9bn
GHANA’S DEBT situation continues to deteriorate as shown by new figures released by the Bank of Ghana. Total public debt stock at the end of 2020 rose to GH¢286.9 billion
Jilong Gold Mining Takes Over Mensin Gold Bibiani
The Mensin Gold Bibiani Mines has Introduced Chifeng as New Owner to the Sefwi Anhwiaso Traditional Council, subject to the approval of the Government of Ghana. Following the announcement by
Samsung Launches 5G-Ready Device In Ghana
The new handset SAMSUNG HAS launched its first 5G-Ready device in Ghana. Being Samsung’s latest S Series, its launch has been met with amazing reviews across the world. The device
CAPBUSS Disbursement Ends January 31
Kosi Yankey-Ayeh, NBSSI boss THE NATIONAL Board for Small Scale Industries (NBSSI) has decided to end the disbursement of funds to Ghanaian owned Micro Small Medium Enterprises (MSME) under the
Tullow Oil Meets Production Expectations
TULLOW OIL has met its production targets despite the challenges posed by Covid-19 on the industry. Rahul Dhir, Chief Executive Officer, Tullow Oil Plc, who made this known, commented that
Chris Griffith Is New Gold Fields CEO
Chris Griffith THE BOARD of Gold Fields has announced the appointment of Chris Griffith as the chief executive officer designate and executive director of the company. Mr. Griffith will succeed Nick Holland on April
GRIDCo Gets €9.7m EU, FDA Grant
Christophe Cottet (right), Diana Acconcia and Anne-Sophie Avé display the grant document as Jonathan Amoako-Baah looks on The European Union (EU) through the French Development Agency has approved a €9.7