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Monthly Archives: July 2018

BANKING SURVEY 2018

Ghana’s Banks in the throes of transformation Recapitalization Digital Banking Corporate Governance Click to download

ECG to take custody of all PPAs

The Ministry of Energy has commenced an arrangement to make the Electricity Company of Ghana (ECG) the custodian of all Power Purchase Agreements (PPA)...

Universal banks earmark GHS4.5bn to support 1D1F

A number of universal banks have earmarked GHS4.5 billion to support the government’s flagship industrialisation programme, one-district, one-factory (1D1F). A Deputy Minister of Trade and...

Gov’t sells US$98m of local bonds at 18% yield

The Finance Ministry accepted all GHS471 million (US$98 million) worth of bids tendered for a 3-year domestic bond issued on Thursday. The country will pay...

WTC Accra hosts Ghana-UK Business Forum in London

World Trade Centre Accra, has ended its week-long trade mission in the UK to boost trade and investment between the two Commonwealth nations. The business...

New BoG Directive to prevent bank collapse – Nana Otuo

Banking Consultant, Nana Otuo Acheampong is hopeful that the new directives on Financial Holding Companies should avert possible collapse of banks in the near...

Land Rover holds annual ‘Ride and Drive’ experience at Aburi

Alliance Motors Ghana, the exclusive distributor of Land Rover and Jaguar in Ghana hosted its annual driving experience Ride and Drive on the 21st...

BP buys US shale assets for US$10bn

British oil and gas giant BP is buying US$10.5bn (£8bn) of US shale assets as the higher oil price makes new extraction techniques more...

Mantrac Ghana holds first infrastructure day event

Mantrac Ghana Limited, the sole authorized dealer for Caterpillar products in Ghana, has held its maiden Infrastructure Day celebration under the theme “Building Tomorrow’s...

Gov’t increases minimum wage by 10%

Government has announced a 10 percent increase in the daily minimum wage for workers. As a result, the new minimum wage is pegged at 10...

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