In a move to tackle the operations of illegal forex operators and promote transparency in the foreign exchange market, the Bank of Ghana (BoG) has announced new measures. The
Govt Owes Groupe Ndoum GH¢7bn, Claims Chairman
Dr. Papa Kwesi Ndoum The Chairman of Groupe Ndoum and the owner of the defunct Gold Coast Fund Management Company, Dr. Papa Kwesi Ndoum, is claiming that the government
BoG Keeps Monetary Policy Rate At 29%
Dr. Ernest Addison In a recent announcement, the Bank of Ghana (BoG) has decided to maintain its Monetary Policy Rate at a significant 29 percent. This decision comes after
Financial Sector Reforms Laudable
Madam Felicia Aba Dawood The financial sector reforms have largely succeeded in terms of enhancing financial development and the expansion in size and diversity of the banking sector, says
First National Bank Trains Traders On Money Mgt Skills
The traders during the training exercise First National Bank has rolled-out its financial literacy initiative, ‘Shika-Power’, at the Makola market in Accra. The training programme aims to educate and
Stephen Ntim Appointed NPA Board Chairman
Mr. Ntim (4th R) and Dr. Matthew Opoku Prempeh (6th L) with the NPA Board President Nana Akufo-Addo, has appointed Mr. Stephen Ayesu Ntim as the Board Chairman of
Patronise Local Businesses To Boost Economy – Trade Minister
K T Hammond (2nd L) Mavis Nkansah Boadu (M) with other officials opening the fair Ghanaians have been urged to patronise made-in-Ghana products given its distinct quality in recent
Collaboration Crucial For Cross-Border Trade Financing – Tsiri
Eric Tsiri Head of Enterprise Banking at Stanbic Bank Ghana, Eric Tsiri, has called for collaboration and partnerships among fintechs and financial institutions in providing financing for SMEs to
Joe Ghartey Appointed GRA Board Chair
Joe Ghartey President Nana Akufo-Addo has appointed former Railways and Development Minister, Joe Ghartey, as the new Board Chair of the re-constituted Ghana Revenue Authority (GRA) Board. Mr. Ghartey,
No VAT Deductions On SML Payments – KPMG
Ms. Julie Essiam The Ghana Revenue Authority (GRA) failed to deduct GH¢13.38 million in VAT from payments made to Strategic Mobilisation (Ghana) Limited (SML) over an eight-month period, the
Western Regional House of Chiefs commend new GNPC CEO for ‘respecting’ them
Joseph Dadzie The Western Regional House of Chiefs has commended newly appointed Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC) for the respect he has showed them
KPMG Report Exposes GRA-SML Contract Irregularities
The KPMG report on the contract between Strategic Mobilisation Limited (SML) and the Ghana Revenue Authority (GRA) has unearthed significant irregularities, with startling revelations casting a shadow on procedural
Take Steps To Reverse Oil Production Decline – PIAC to GovtTake Steps To Reverse Oil Production Decline – PIAC to Govt
Prof. Emerita Elizabeth Ardayfio-Schandorf (L) with Prof. Paul Kingsley Buah-Bassuah launching the report The government and relevant regulatory bodies have been urged to take appropriate steps to reverse production