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Latest News

Unibank takes over ADB

In an unexpected move that could be the beginning of a restructuring of the local banking space, a consortium of…

Fuel prices go down as Parliament passes Special Petroleum Tax Bill

Parliament has passed the Special Petroleum Tax (Amendment) Bill, 2018 to reduce the special petroleum tax from 15 to 13…

New capital requirement could force 15 banks to go down

Fifteen banks in the country may struggle to meet the new capital levels introduced by the Bank of Ghana. This…

Airtel, Tigo merger in danger as gov’t wants stake in new entity

The Airtel, Tigo merger talks, which has been ongoing for about a year now, is in danger of being scuttled…

Missing cash forces COCOBOD to borrow from BoG

COCOBOD has been forced to contract a loan at the Bank of Ghana(BoG) after proceeds from last year’s Syndicated loan…

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Euro rises to 18-month high against dollar

The euro has hit $1.20 for the first time since January 2015 as the prospect of a US interest rate…

Ghana meets IMF to finalize exit

Government is set to meet the board of the International Monetary Fund (IMF) tomorrow to present its decision not to…

Kasapa 'founder' vows to take over, revive dying telco

Founder of Celltel Limited, now Kasapa Telecom Limited, Prince Kofi Kludjeson, has said he is in the process of taking…

Collapse of UT Bank... Shareholders’ fate in the balance

The fate of shareholders and investors in the defunct UT Bank hang in the balance because it is not clear…

Collapsed banks: Labour Minister to meet GCB over workers’ fate

The Minister of Employment and Labour Relations, Ignatius Baffuor Awuah says he will by next week meet the management of…