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Business

Bright Simons writes…Should pension funds carry cross of Ghana’s local banks?

January 6, 2019 Editor 0

The approach of the Ghanaian government and its regulators to “managing” struggling banks in Ghana has evolved yet again. From majority state-owned banks doing “purchase […]

minister of finance ken ofori atta

GH¢2b support to banks “not bailout” – Gov’t clarifies

January 6, 2019 Editor 0

Government says some GH¢2 billion approved for some five local banks is only to support their recapitalisation and must not be classified as a bailout […]

Banking crisis: Complicit BoG staff ‘to be punished soon’

January 6, 2019 Editor 0

The Head of Banking Supervision at the Central Bank has hinted that management will soon punish staff cited for their role in the liquidation of […]

Find out the status of your Bank: GN Bank now savings and loans company

January 4, 2019 Editor 0

The Bank of Ghana has downgraded GN Bank to a savings and loans company. This was after the Central Bank finished what it describes as […]

Five Banks to loose licenses

December 31, 2018 Editor 0

At least five commercial banks in the country could lose their universal banking licenses later this week as the December 31 deadline to meet the […]

MTN awards MoMo agents in Western, Central regions

December 30, 2018 Editor 0

MTN Ghana On Sunday awarded several Mobile Money agents in the Western and Central regions for their dedicated service to the telecoms company. Rebecca Nkrumah […]

First National Bank likely to takeover GHL Bank

December 30, 2018 Editor 0

JoyBusiness is reliably informed that discussions are far advanced for the possible takeover of GHL Bank by First National Bank (FNB) soon. Why the possible “takeover” […]

BoG warns the public against these 6 investment firms

December 29, 2018 Editor 0

The Bank of Ghana (BoG) is warning the public against investing their monies in some six companies in the country which have been taking deposits […]

Menzgold: Police avert “mass suicide” on X’mas Eve

December 24, 2018 Editor 0

Police say their timely intervention averted what would have been a mass suicide by Menzgold clients one of Accra’s major highways (N1 Highway) on Monday. […]

Takoradi Port Expansion: Construction of $200m Multi-purpose Terminal Begins

December 21, 2018 Editor 0

IbisTek Limited, a fully owned-Ghanaian company through a concession agreement with the Ghana Ports and Harbours Authority, as part of the Takoradi Port expansion project, […]

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