Thursday, February 21, 2019

Meralco Takes Over ECG From February

The new entity that will assume the assets and operations of the Electricity Company of Ghana (ECG), Power Distribution Services (PDS) Ghana Limited is...

I warned SEC about Menzgold in 2014 – NPP MP

The Member of Parliament (MP) for the Gomoa West constituency in the Central region, Alexander K. K. Abban, has revealed he warned the Securities...

Menzgold saga: BoG’s ‘we are not concerned’ posture worrying – Law lecturer

A law lecturer has criticized what he describes as “we are not concerned “posture of the Central Bank’s towards frustrated Menzgold customers. Justice Srem-Sai who...

Pay your debt owed us; Nduom charges on Gov’t after GN Bank downgrade

Chairman of Groupe Nduom, and owner of now defunct GN Bank, Dr. Paa Kwesi Nduom, says they are looking forward to an assurance by the Bank of Ghana...

We chose savings and loans over selling off- GN bank

Management of GN Bank has explained that they chose to become a savings and loans company instead of selling the bank off to a...

Bank Sector reforms: Premium, Heritage licences revoked

The operational licences of Heritage Bank and Premium Bank have been revoked by the Bank of Ghana, the Governor announced, Friday. Dr Ernest Addison said the liabilities...

BoG Downgrades GN Bank To Savings and Loans

The Bank of Ghana(BoG) has downgraded GN Bank into a Savings and Loans company. By this, the bank owned by business man Dr. Papa...

BoG Collapse Heritage Bank, Hands Over Assets To Consolidated Bank

The Bank of Ghana has, in a surprise, move revoked the licence of Heritage Bank Ghana Limited The central bank has also approved a purchase and assumption agreement...

Menzgold customer issues ‘threat’ on Samira Bawumia’s Facebook wall

An aggrieved Menzgold customer has taken to Facebook to call on the government to help redeem their principal investments and interests from the gold-firm...

We’ll meet GHC400m capital requirement Monday – Bank of Africa

Bank of Africa Ghana has dismissed claims that it has no meaningful information on its recapitalization requirements. The bank has in a statement said  that...