The Receiver for Consolidated Bank Ghana (CBG), Pricewater house Coopers, has closed down some bank branches of the defunct Heritage Bank and …
Finance
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Finance
Gold Coast has paid nearly GHC60 million to customers – Dr. Nduom
by Kekeli Kuatsenu / News Editor 3 minutes readThe Gold Coast Fund Management (GCFM) has paid almost GHC60 million to customers, President of the company, Dr. Papa Kwesi Nduom has …
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Finance
European Commission used flawed method to ‘blacklist’ Ghana – Ministry of Finance
by Kekeli Kuatsenu / News Editor 4 minutes readThe Ministry of Finance says the European Commission used a “flawed” and “premature” methodology to add Ghana to its list of countries …
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Finance
GCB sacks ex-UT, Capital Bank workers for “failing” SSSCE, WASSCE
by Kekeli Kuatsenu / News Editor 2 minutes readGCB Bank has terminated the contracts of 56 ex-staff of defunct UT and Capital Banks for not possessing the minimum qualification required …
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Finance
Ghana may auction Eurobonds with or without final IMF review
by Kekeli Kuatsenu / News Editor 1 minutes readGhanaian Finance Minister Ken Ofori-Atta said the country could proceed with a sale of Eurobonds even before the International Monetary Fund (IMF) …
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Finance
‘Dollar breaks jail’ – Importers and exporters tell Bawumia
by Awake Newsby Awake News 1 minutes readAlbeit he lauded the government for abolishing the 10 percent import duty as it promised importers but he was quick to explain …
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Finance
It’s not unlawful to use Pensions Fund to rescue distress local banks – Prof. Gatsi on GAT concerns
by Kekeli Kuatsenu / News Editor 3 minutes readProf. John Gatsi said this during a discussion on issues surrounding the Ghana Amalgamated Trust (GAT) on TV3`s Key Points show.
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FinanceOpinions
Prof. Gatsi writes: Post Valentine Day Roadshow for GAT Bond: Efforts, Questions and Implications
by Efo Korsi Senyo | Executive Editor 2 minutes readThe fundamental questions and consequences about the GAT will live with us irrespective of whether pension funds are borrowed or international bonds …
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FinanceOpinions
Prof. Gatsi writes: Transform GAT into unencumbered bridge capital for local banks
by Efo Korsi Senyo | Executive Editor 3 minutes readThe Ghana Amalgamated Trust (GAT) will now be considered very well by stakeholders. Openness and inclusiveness are needed to settle most of …
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Finance
GAT Created to Capture Local Banks is Unfair to Shareholders – Prof. Gatsi
by Efo Korsi Senyo | Executive Editor 3 minutes readindeed to engage in a major financial sector reform with a particular focus on the banking sector is a process. This process …