The Golden Star Resources Limited has entered into a strategic relationship with Luxembourg-based gold investment firm, La Mancha Holdings, that will see the latter invest US$125.7 million into the mining giant in exchange for 30 per cent shares.
A former Minister of Finance, Mr Seth Terkper, is not impressed with the performance of the economy over the last two years, stating that the government is not doing enough to convert the stability in power supply and increased inflows from petroleum into bigger gains for the citizens and the country at large.
A Media report Monday suggesting delays in the payment of extra values to clients of gold dealing firm, Menzgold Company Limited, has been acknowledged with a firm assurance that customers have no cause to worry.
Section 2 of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (ACT 930) makes the Companies Act 1963 (ACT 179) applicable to banks but adds that where there is a conflict or inconsistency between the two, the former shall prevail.
The Chairman of the Licensing Bid Rounds and Negotiation (LBRN) Committee, Mr Lawrence Asangongo Apaalse has reassured global oil giants clamouring for oil blocks offshore Keta-Accra basin to the east and Saltpond-Tano basins to the west of dispute-free space for investment.
Twenty years ago, there were only a handful of financial publications available to the populace. Today, the situation is totally different . There are now thousands of financial websites, blogs, new aggregators, and commentary sites available to anyone with an internet connection.
The Member of Parliament for Bolga Central, Mr Isaac Adongo, has bemoaned the absence of a clear and convincing strategy from the Bank of Ghana (BoG) and the government on how to restore confidence in the banking sector after the collapse of seven banks in a spate of 12 months.
The Member of Parliament (MP) for Bolgatanga Central, Mr Isaac Adongo, has appealed to the Bank of Ghana (BoG) to give indigenous banks more time to raise their minimum capital to the new requirement of GH¢400 million.
In a bid to clamp down on the surge in subsidisedfertiliser smuggling into neighbouring countries for sale, a non-governmental organisation (NGO), Community Development Alliance (CDA-Ghana), has urged the government to conduct a thorough audit into the programme which commenced in 2017.
The acting Managing Director of the Graphic Communications Group Limited (GCGL), Mr Ransford Tetteh, has said the company’s focus is to put products and services on the market that will be appreciated by its customers.