Saturday, June 23, 2018

Stanbic bank to compensate ‘swindled’ customers

Stanbic Bank has announced it will compensate its customers who were swindled by one of its contract workers recently. Related Stories According to the bank, it...

More Names Pop Up In SSNIT Scandal

Some of the faces behind the $72 million Social Security and National Insurance Trust (SSNIT) scandal that has set tongues wagging are beginning to unravel.

Komenda Sugar Factory Remains Shut Two Years After Inauguration

The Komenda Sugar Factory, set up to provide 7,300 direct and indirect jobs, remains shut, two years after its inauguration.

Ghana sets 2016-17 season farmgate cocoa price at $1,914 per tonne

Ghana will pay cocoa farmers 7,600 cedis ($1,914) per tonne of beans during the 2016-17 season, nearly 12 percent more than last crop year,...

UniBank Takes Over ADB

A consortium of financial institutions that control majority shares in the Agricultural Development Bank (ADB), has pledged its shares, proceeds, entitlement and voting rights to uniBank, a leading wholly-owned Ghanaian bank.

MTN in talks with banks to offer microcredit

Mobile telephony giants MTN has said it will from next year partner some financial institutions to provide microcredit to small and medium-scale enterprises. Speaking at...

Average Interest On Deposits Continue To Drop

The average interest paid on deposits in the banking sector has seen a continues decline in three consecutive months, even as banks bid to...

PPI for Dec 2016 records significant decrease

Figures released by the Ghana Statistical Service show that the producer price inflation for December 2016 fell to 4.9% from the 11.9% in November...

Cedi continues poor cycle in new year

The poor record of the local currency in the last month of 2016 has persisted into the new year, displaying renewed fragility against the...

MTN Chairman Sells $8.8 Million of Shares Before CEO Arrival

MTN Group Ltd. Executive Chairman Phuthuma Nhleko sold shares worth about 123 million rand ($8.8 million) as he prepares to hand over the day-to-day...

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