The Adansi Rural Bank at Fomena in the Adansi North District of the Ashanti Region has recorded a stated capital of a little over GH¢3.7 million as at December 2018, representing a marginal growth of 1.5 per cent from the 2017 financial year’s figure of GH¢3.6 million.
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has been selected to represent Ghana as Chairman of the Board of Governors of the International Monetary Fund (IMF) and the World Bank Group for 2020.
The profit margins of most indigenous Oil Marketing Companies (OMCs) are currently dwindling following intense competition presented by the petroleum product price deregulation, the Managing Director (MD) of Radiance Petroleum Limited, Mr Emmanuel Pobee, has indicated.
Bus manufacturer, Zyle Daewoo Commercial Vehicle, based in South Korea, has denied allegations that the prices of some 50 buses that it sold to the government of Ghana in 2017 were inflated.
Ecoligo, a solar financing company, has asked businesses in the country not to allow upfront investment to deter them from adding solar to their energy mix.
The Chief Executive Officer of Ghanaian design-build firm, Spektra Global, Mr William Evans Halm, has urged real estate developers in the country to adopt green-building methods in their constructions.
The Minister of Finance, Mr Ken Ofori-Atta, is the leader of Ghana’s delegation to the International Monetary Fund (IMF) / World Bank annual meetings which takes place this week, October 14-20, 2019, in Washington DC, in the United States of America (USA).
The Ghana Union of Traders Association (GUTA) has held a meeting with the Ministry of Foreign Affairs to deliberate on the Nigerian border closure and retail trade by foreigners in the country.
Cable TV services provider, DSTV, has announced that it will from November 1, 2019, adjust upwards the prices of all its subscription packages following the increase in the communication service tax (CST) by the government.
The Ministry of Communication says it is in talks with stakeholders in the mobile phone industry to establish a Central Equipment Identity Registry (CEIR) that would regulate the mobile phone market in the country.
Bosomtwe Rural Bank Limited at Kuntanase in the Bosomtwe District in the Ashanti Region has signed onto the Ghana Deposit Protection Scheme which was established by the Ghana Deposit Protection Act 2018 (Act 968).
The Akwatia Development Association (ADA) has lauded the government for taking over the management of the Great Consolidated Diamonds Ghana Limited (GCDGL) after abrogating the agreement with the subsidiary of the JOSPONG Group of Companies.
The Accra Bourse sustained its bearish run as significant selling pressures recorded in some financial and energy sector stocks dragged the equities indices lower.
The management of the Ghana Ports and Harbours Authority (GPHA) has explained that it has no report of an alleged theft of car rims and tyres at any of its ports in Ghana.
The Ghana Export Promotion Authority (GEPA) has encouraged businesses in the country to consider merging to take advantage of the growing global export market.
