It has been a torrid week for gold dealership firm, Menzgold Ghana Limited with regards to regulators. Earlier in the week, Menzgold's operations were rocked with a public notice from the Bank of Ghana warning the public not to deposit money with the company because it is not a deposit-taking institution.
The Ministry of Trade and Industry (MOTI) is requesting an additional loan of US$40 million from the International Fund for Agricultural Development (IFAD) to finance the Rural Enterprise Programme (REP).
The sod has been cut for the construction of a $3-million food processing factory under the One-district, One-factory (1D1F) initiative at Afienya in the Ningo Prampram District in the Greater Accra Region.
The Chief Executive Officer (CEO) of Sweet Mother Candy and Beyond Company, Mr Musah Trawill, has admonished young entrepreneurs to develop tenacity to enable them to overcome challenges in life for them to succeed.
The management of Consolidated Bank Ghana Limited (CBG) has informed all its staff of an impending assessment which will determine whether they will remain employees of the newly formed bank after 60 days.
The Chief Exective Officer (CEO) of JCS Investments Limited, Patricia Safo, is urging the government to collaborate with relevant entities to develop a blue print to strengthen rural and community banks.
A Chinese manufacturing company, Xinjiang Tianye (Group) Co. Ltd, is in the country to hold discussions with some government agencies to establish an industrial park that will focus on tomato processing.
The Ghana National Chamber of Commerce and Industry (GNCCI) has charged the Bank of Ghana (BoG) to strengthen its supervisory and regulatory mechanism in order to build safe, sound, and stable banking sector in the country.
The latest developments in the banking sector should be a wake-up call for the central bank to critically sanitise the entire financial services sector to prevent the collapse of the system, an international investment consultant, Dr Sam Ankrah, has said.
A Bank of Ghana (BoG) report into the collapse of the UT and Capital banks has revealed that several high-profile directors of the banks used a carefully spun web of related party transactions to grant huge loans to themselves and their associates.
The Ghana Technology University College (GTUC) is to expand its partnership with Coventry University (CU) in the United Kingdom (UK) to enable more students in Ghana and the sub-region to obtain international certificates without travelling to the UK.
The management of gold dealing firm Menzgold Ghana, has assured the public that their investments with the company are safe and that it will continue to deliver the best of service to its customers in Ghana and beyond.