Monday , 26 August 2019
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Air Namibia suspends flight to Ghana

Air Namibia, the national carrier of Namibia, has suspended its Windhoek-Lagos-Accra flight services, following diplomatic issues between Namibia and Nigeria. Mr Charles Josob, the Namibian High Commissioner to Ghana, announced this on Friday in Accra, when he paid a courtesy call on Mr Joseph Kofi Adda, the Minister of Aviation. It would be recalled that Air Namibia inaugurated the Windhoek-Lagos-Accra …

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Dr. Asiamah was part of decision to collapse UT, Capital Banks – BoG

The Bank of Ghana has stated that the former Second Deputy Governor Dr. Johnson Asiamah played a role in the decision to allow the GCB Bank to take over the assets of UT and Capital banks after the two had their licenses revoked. The former second deputy had accused the Bank of Ghana of taking a decision that proved costly …

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The president must do more than talk – Oscar Yao Doe

Businessman and philanthropist, Oscar Yoa Doe, says President Nana Addo Dankwa Akufo-Addo must hold accountable, persons whose decisions are undermining the economy. The executive chairman of DOSCAR Group of companies, parent company of Eurostar Global Limousine, a luxury car rental company operating in three African countries, said the president’s words must be matched by action. President Akufo-Addo on Tuesday faulted …

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Banking crisis: You chose a chaotic path – Mahama to government

Former President John Mahama has criticised government for choosing a chaotic path in addressing the challenges in the financial sector. According to him, the state could have explored alternatives that could have reduced the burden and despondency that have afflicted customers and employees of financial institutions. In his maiden live Facebook encounter, Mr. Mahama said a future NDC government will …

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GSA, GEPA sensitise exporters in Takoradi

The Ghana Shippers Authority in collaboration with the Ghana Export Promotion Authority (GEPA) has organized an Exporters Forum in Takoradi to address challenges confronting exporters in their businesses in order to boost the export trade through the Port of Takoradi. The Chief Executive Officer of the Ghana Shippers’ Authority, Benonita Bismarck, in a speech read on her behalf by the …

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Global Access Savings and Loans lost US$5 million to fraud – Kofi Amoah reveals

The majority shareowner of defunct Global Access Savings and Loans, Dr. Kofi Amoah, has opened the lid to some of the challenges the company went through which culminated in having its license revoked by the Bank of Ghana. Dr. Kofi Amoah, whose company Progeny Ventures owns Global Access Savings and Loans speaking on Good Evening Ghana, a current affairs show …

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Ghana Beyond Aid: SOEs must be driving forces – Gabby

Private Legal Practitioner, Gabby Otchere-Darko, has extolled government’s Ghana Beyond Aid agenda in a fiery speech at the launch of the States and Governance Authority (SIGA). Speaking on the topic – “Ghana Beyond Aid; The role of State-Owned Enterprises, Joint Venture Companies and Other State Enterprises “— Mr Otchere-Darko said the Ghana Beyond Aid agenda was about inculcating positive consciousness …

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Climate Change worsening agric production challenges in Africa – Afrobarometer

The recently released Afrobarometer report has revealed that conditions affecting agriculture in Africa are worsening due to the effects of climate change. “Before mentioning ‘climate change,’ Afrobarometer asked survey respondents about their own observations of changes in weather patterns in their region, particularly with regard to agricultural production,” the Afrobarometer Policy Paper No. 60 issued in August 2019, said. It …

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Receiver directs depositors, etc to file claims by September 12

Persons who have deposits with the collapsed Savings and Loans companies and finance houses have the next four weeks to submit their claims to the Receiver for payment of their claims. A statement issued by the Receiver, Eric Nana Nipah said that the move will, however, be subject to validation for the scheduled period. The statement amongst other things alluded …

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GN Bank siphoned $62m – BoG

The clean-up of the banking, specialized deposit-taking (SDT) and non-bank financial institutions (NBFI) sectors in the country by the Bank of Ghana (BoG) is opening the Pandora’s box with regard to how some of the owners illegally transferred customers’ savings and investments without traces. The Central Bank last Friday struck once again when it announced a revocation of the licenses …

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