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Ghana earns $378 million from raw cashew nuts exports

Ghana earned $378 million from the sale of 110 tonnes of raw cashew nuts in 2018. The amount represented 43 per cent of the total...

UT Bank collapse: Kofi Amoabeng granted GHS110m bail; his passport to...

The Circuit Court in Accra has granted bail to founder of UT Bank, Prince Kofi Amoabeng, who is facing charges of stealing and money...

Court remands CEO of collapsed Beige Bank, Mike Nyinaku

The Chief Executive Officer (CEO) of defunct Beige Bank, Mike Nyinaku, has been remanded in police custody. He is to be held there for one...

Kofi Amoabeng arrested over UT Bank collapse

Prince Kofi Amoabeng, founder of the now-defunct UT Bank, has been arrested over the collapse of the bank. He is said to have been picked...

BoG eyes dollar glut; Shores up forex sale by 60%

The Bank of Ghana (BoG) has raised the monthly sale of foreign currencies (FX) by 60 per cent in the first quarter of this...

CalBank announces appointment of Mr. Philip Owiredu as Chief Executive Officer

CalBank is pleased to announce the appointment of Mr. Philip Owiredu as the Chief Executive Officer (CEO) of the Bank effective 1st January 2020....

Ghana, China trade hits $2.4b for 2018

The President of the Ghana Chamber of Commerce and Industry, Nana Dr Appiagyei Dankawoso, has said that Ghana’s trade relations with China have been...

Non-performing loans hit GH¢7.2bn in October 2019

The total stock of Non-Performing Loans (NPLs) continues to increase as it hit GH¢7.19 billion in October 2019 from GH¢7.14 billion in October 2018. Despite this...

We pay corporate tax on MoMo, no need for another tax...

MTN Ghana CEO, Selorm Adadevoh, has said that telcos already pay corporate taxes on their mobile money earnings so any additional tax will tantamount...

1D1F products distributed at NPP rally

On the sidelines of the National Delegates Conference of the New Patriotic Party (NPP) its volunteer group NPP Loyal Ladies distributed products from some...