Friday, September 18, 2020

96% of collapsed banks customers paid – Govt

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Government says over 96% customers of defunct financial institutions have been paid their locked up funds in full. This was revealed by Deputy Minister of...

Gov’t seeks GHS11.8bn supplementary budget amid covid-19 pandemic

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Finance Minister, Ken Ofori-Atta on Thursday tabled a motion to seek parliamentary approval to spend additional GH¢11,896,477,566.00 as supplementary estimates to support government expenditure for...

Gov’t reduces CST from 9 to 5%

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President Akufo-Addo has reduced the Communication Service Tax (CST) by 4 percentage points from 9% to 5%. This was disclosed by the Minister for Finance,...

Covid-19 affected business to access GH¢2b from banks at affordable rates

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Government has established a Guarantee Scheme of up to GH¢2 billion to enable businesses to borrow from banks at more affordable rates and at...

uniCredit case: BoG case challenging High Court hearing dismissed, Ghc2,000 cost slapped

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A three-member panel of the Court of Appeal has dismissed an application for Stay of Proceedings by the Bank of Ghana (BoG) in an...

Mid-year budget review to be presented next week Thursday

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Finance Minister, Ken Ofori-Atta is expected to present the mid-year review and budget statement next week Thursday. This follows initial approval of the document presented...

Ex-staff of defunct Savings & loans companies to be paid salaries, related claims

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The Receiver for the defunct Microfinance and Savings & Loans and Finance House will today commence negotiations with representatives of ex-staff of the companies. This...

Akufo-Addo presents GHC1m to 20 young entrepreneurs

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President Akufo-Addo has presented GH¢1 million to 20 young entrepreneurs under Season Three of the Presidential Pitch, an initiative of the Ministry for Business Development. Addressing the...

2020 Presidential Pitch today

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Ten young entrepreneurs will today pitch their innovative business ideas before a panel of judges in a competitive bid to access part of the...

Banking Clean-up: No equity in collapsing Heritage Bank and saving UMB – ASEPA

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Civil Society Group, Alliance for Social Equity and Public Accountability (ASEPA) has questioned the propriety of the Bank of Ghana's decision to save the...