BUSINESS

The Chairman of GN Bank, Dr Papa Kwesi Nduom, has expressed gratitude to the many stakeholders who had pulled the indigenous bank back into a good operating condition. He is confident that the goodwill shown will enable GN Bank to become the foundation for a formidable Ghanaian bank after December 31, 2018. Sharing these positive sentiments with the Daily Graphic ...

Depositors who have lost their savings and investments made with several microfinance institutions (MFIs), following their collapse, are now gearing up to demand that government pays them their monies on behalf of the now defunct institutions. Their demands are coming following the revelation by Finance Minister Ken Ofori-Atta last Thursday, as part of his 2019 budget proposals to Parliament, that ...

The Minority Leader, Haruna Iddrisu, has demanded accountability on about Ghc600 million earmarked for the rollout of Nation Builders Corps, (NABCO), in the 2018 budget presented to Parliament by the Finance Minister last year. According to the Minority Leader, Haruna Iddrisu, Parliament must be interested to demand proper accountability on that allocation approved in 2017 by the House. “Take off ...

Parliament will commence debate on the 2019 Budget Today, Tuesday, November 20. Members from the Majority and Minority will lock horns in the highly anticipated debate on the economic policy presented by the Minister of Finance, Mr. Ken Ofori–Atta last Thursday in Parliament. The Majority side will be represented by Chairman of the Finance Committee and MP for New Juaben ...

The Coalition of NGOs in the Water, Sanitation and Hygiene sector (Coniwas) has named waste management giants, Zoomlion Ghana Limited as the best in private sector participation of Ghana’s Water, Sanitation and Hygiene (WASH) development sector. The waste management company was commended for its contribution to the development of products, technology and investments in business models that has improved WASH ...

Finance Minister Ken Ofori Atta has promised that 2019 will be a take off year where government plans to execute projects to lift the nation to the next level. He said government would be able to raise enough resources to fund its ambitious programs in the 2019 Budget contrary to doubts by some analysts. He enumerated that government is expecting ...

Finance Minister, Ken Ofori-Atta has hinted that the Bureau of National Investigations (BNI) will soon apprehend the President of Menzgold, Nana Appiah Mensah over the Menzgold saga. Nana Appiah Mensah, popularly called NAM 1, who founded the gold firm to trade in gold collectibles by awarding 10 percent of interest to the company’s customers investing their golds in the firm. ...

Former Finance minister Seth Terkper has urged the Akufo-Addo government to “eat humble” over their stands on infrastructure development when the NPP was in opposition. According to him, government’s focus on infrastructure as was outlined in the 2019 budget Thursday is a vindication of the attention the Mahama government gave infrastructure when it was in power. The finance minister Ken ...

The Finance Minister, Ken Ofori Atta, has revealed that the collapse of seven banks – unibank, Beige Bank, Sovereign Bank, Construction Bank, Royal Bank, Capital Bank, UT Bank – has cost the government an amount of GH¢9.9 billion. According to him, through government’s intervention in August this year, deposits of some GH¢11.0 billion have been saved as well as some ...

Government has taken measures to repay deposits of all customers of defunct DKM microfinance company, the Finance minister has revealed. Ken Ofori Atta told Parliament during the presentation of the 2019 budget Thursday that over 90% of customers deposits at DKM has been paid by the state. “In addition to all these clean-ups, Government has also taken steps to settle ...