General News

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Business
Liquidated Fund Management firms: Registrar General’s Department settles 85% of ¢1.2bn bailout cash
The Registrar General said the petition was to wind up 53 fund management companies
DL News16 July 2021
Business
FGR Bogoso Prestea to settle severance package of disgruntled workers
Mining operations can now continue in the interest of all parties and the local communities,” the communique noted.
DL News16 July 2021
Business
Top King’s Judgment does not cover the current location of our estate- Trassacco speaks
The Company has put forward the sequence of events which culminated in the Supreme Court judgment in the Civil Appeal No., J4/10/2019, entitled Empire Builders Limited vs. TopKings and 4 others;
DL News2 July 2021
Business
Take steps to identify owners of captured ATM cards within 24 hours-BoG to Financial Institutions
According to the BoG, this directive will “address the perennial complaints that emanate from the capture of Payment Cards at Automated Teller Machines of Regulated Financial Institutions”.
DL News1 July 2021
Business
Pay 30% revenue into Escrow Account – High Court orders Eni, Vitol
The 30 per cent revenue must be paid by the operators into an account agreed by all the contesting parties
DL News28 June 2021
Business
Unfair charges, fees should be abolished-BoG to banks, SDIs
According to the Bank of Ghana, these practices are unfair and impact negatively on the financial inclusion agenda of the country.
DL News18 June 2021
Business
Internal Auditors urged to implement Cybersecurity Measures
The advice was necessitated by reported cybersecurity incidents involving insiders and external consultants.
DL News17 June 2021
Business
Your 2023 deadline to banks to phase out substandard bullion vans is unacceptable-Dery to BoG
It has emerged that the central bank December 2020 issued several directives to financial intuitions to phase out and replace all soft-skinned CIT vehicles.
DL News16 June 2021
Business
Bankers Association to comply with latest standards in carting huge cash
Banks have given the firm assurance of working with the various security agencies and the Bank of Ghana in keeping the highest standards in carting huge cash.
DL News16 June 2021
Business
Stop buying or selling foreign currency or face prosecution-BoG warns unlicensed entities
“The sole legal tender in Ghana is the Ghana cedi and the Ghana pesewa. It is prohibited to price, advertised, and demand payment for goods and services in foreign currency.”
DL News15 June 2021
Business
BoG is a constitutional creation: It cannot decline parliamentary investigations
The central bank declined Parliament's invitation, bringing up instead, a response on its mandate and statutory powers to undertake the banking sector clean-up exercise.
DL News15 June 2021
Business
“Put ceiling on judgment debts allowed,” Oteng-Gyasi urges Parliament
Earlier in July 2019, the Finance Minister, Ken Ofori-Atta disclosed that total receipts issued as judgment debts to various parties totaled GH¢283 million
DL News14 June 2021
Business
Grant VAT exemption to exploration firms to avert dwindling investments – Ghana Chamber of Mines
Ghana has dropped to 4th in terms of budget for gold exploration on the continent.
DL News12 June 2021
Business
Parliament to review BoG response on Unibank, UT Bank petition
The committee investigating the petition brought to parliament over the collapse of UT Bank and Unibank would discuss and analyze the response submitted by the Bank of Ghana.
DL News11 June 2021
Business
BoG declines Parliamentary summons over UT Bank, Unibank closure
The Bank of Ghana has said that the petitioners should use the right channels to ensure their grievances are resolved
DL News10 June 2021
Business
“COVID tax holidays for businesses good for SME growth” – Dr. Ali Nakyea
Senior law lecturer, Dr. Ali Nakyea is confident that the tax structure in Ghana will help SMEs survive in the wake of the COVID-19 pandemic
DL News8 June 2021
Business
IES urges government to review Petroleum Agreements amidst drawbacks in oil sector
The IES wants the government to review the royalties and taxes charged stakeholders and parties in the upstream sector
DL News8 June 2021
Business
Government, Stakeholders increase National Daily Minimum Wage for 2021 by six percent
The revised national minimum wage will be effective from Friday, June 4th, 2021
DL News3 June 2021
Business
E-cedi: Bank of Ghana to pilot digital currency
Ghana is in advanced stages to roll out the e-cedi
DL News2 June 2021
Business
Court Puts Injunction On Stanbic Bank AGM
A High Court in Accra has placed an interlocutory injunction restraining the management of Stanbic Bank Ghana Limited from holding its 22nd Annual General Meeting (AGM).
DL News3 May 2021