CAL Bank’s board of directors will meet shareholders on December 17 at an extraordinary general meeting (EMG) in Accra to obtain an approval to transfer GH¢50 million from its income surplus account to stated capital.
The President of the Association of Ghana Industries (AGI), Dr Yaw Adu Gyamfi, has bemoaned the dwindling fortunes of the manufacturing subsector in recent years, warning that the country risks losing its industrial base should the situation remain the same.
The ADB Bank is to hold an emergency general meeting on December 20 for shareholders to authorise the bank's board of directors to raise a minimum of GH₵380 million to meet the Bank of Ghana's new minimum capital of GH₵400 million by December 31.
Chief Executive of the National Petroleum Authority (NPA), Hassan Tampuli, has renewed the commitment of the NPA to ensure the quality of petroleum products served to the public is of the highest quality.
The United Nations Conference on Trade and Development (UNCTAD), is projecting a bright prospect for the world’s maritime industry as it has predicted that the global seaborne trade volumes will grow by 3.8 per cent between 2018 and 2023.
The Ghana Stock Exchange (GSE) has failed a historic test of raising a combined amount of GH¢4.7 billion in six months, due to low investor interest in the bourse occasioned by the closure of seven banks.
Dubai-based investment firm, AMERI Energy LLC, has finally agreed to lose a total of US$51.34 million in revenue to enable the controversial 250 megawatt deal with the country to be implemented without any further hitches.
The FBNBank Ghana Limited has received US$72.5 million from its parent bank, the First Bank of Nigeria Plc to shore up its capital as it attempts to meet the Bank of Ghana’s (BoG) GH¢400 million new minimum capital requirement.
Moringa SCA SICAR (Moringa), the European impact investment fund specialized in agroforestry companies with strong environmental and social impact, has partnered B-BOVID Limited, a Ghanaian agribusiness company.