No need to reinvestigate banking sector crisis – Special Prosecutor told

Kissi Agyabeng Anti-Corruption crusader, Vitus Azeem, says the Special Prosecutor’s decision to investigate the 2017 to 2020 financial sector crisis amounts to double investigations as the state has already investigated the matter. He believes the Special Prosecutor, Kissi Agyebeng, should focus on other areas that have not been investigated. The Office of the Special Prosecutor… Continue reading No need to reinvestigate banking sector crisis – Special Prosecutor told

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Office of Special Prosecutor probes banking sector crisis

Kissi Agyebeng The Office of the Special Prosecutor (OSP) says it has commenced investigations into the financial sector crisis which led to the collapse of some banks in the country. The investigations, according to the office, will target alleged corruption and corruption-related offences perpetrated by officials of the Bank of Ghana, banks, specialised deposit-taking institutions… Continue reading Office of Special Prosecutor probes banking sector crisis

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Wilmar Ghana to reward wholesalers with new travel promotion

Wilmar Ghana Limited, producers of Frytol cooking oil and Fortune Rice, has launched a promotion to reward its loyal customers in the wholesale sector. Dubbed Wholesalers Vacation Papabi, it would run for four months and offer hundreds of wholesalers an all-expense-paid trip to a European country. The wholesalers will be given monthly shopping vouchers of GH¢2million… Continue reading Wilmar Ghana to reward wholesalers with new travel promotion

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Lord Rayden Foundation to provide support to families who have lost loved ones serving as security personnel in Ghana

One of the visible non-governmental organisations in Ghana, Lord Rayden Foundation has pledged to provide the necessary support, be it medical, legal or financial, to bereaved families in the event of the passing of a security service person in their family. The main objective is that Lord Rayden Foundation has an established network of medical,… Continue reading Lord Rayden Foundation to provide support to families who have lost loved ones serving as security personnel in Ghana

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Light fishing heavily impacts fisherfolk as fish stocks decline

Many in the fishing community have raised concerns over the cost of light fishing as it has heavily impacted their lives and reduced fish stock in the country. Some fishermen at Nungua London beach in Accra, speaking to Joy News, expressed their dissatisfaction at the rate at which light fishing and plastic waste have crippled… Continue reading Light fishing heavily impacts fisherfolk as fish stocks decline

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Ghana assumes complete ownership of Ameri Power Plant

Ghana has taken full ownership of the 250-megawatt (MW) power production plant from the African and Middle East Resources Investment Group, otherwise known as AMERI Energy. The 10-unit barge, with capacity to generate 25MW each, totaling 250MW, which is commissioned on natural gas, is set to be moved to Anwomaso in Kumasi in the Ashanti… Continue reading Ghana assumes complete ownership of Ameri Power Plant

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National Investment Bank embarks on voluntary layoffs

National Investment Bank The National Investment Bank (NIB) has completed a voluntary exit programme where some employees have been given the opportunity to voluntarily exit the bank. Graphic Online understands that the Managing Director of NIB, Samuel Sarpong on July 2, 2021, announced to staff that, the management had concluded negotiations with the unions on the… Continue reading National Investment Bank embarks on voluntary layoffs

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Strong economic growth, domestic revenue mobilisation being pursued- Akufo-Addo

President Nana Addo Dankwa Akufo-Addo President Nana Akufo-Addo has spoken on the pursuit of domestic revenue mobilisation to rebound the economy from the devastating effects of the COVID-19 pandemic. Speaking at the investiture of a new Vice Chancellor of the SD Dombo University of Business and Integrated Development Studies, in Wa, on Thursday, 20th January… Continue reading Strong economic growth, domestic revenue mobilisation being pursued- Akufo-Addo

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Trade Minister impressed with Japan Motors’ all-new, ultra-modern Nissan Ghana plant

Trade Minister inspecting plants at Japan Motors The Minister of Trade and Industry, Alan Kyerematen, has paid a working visit to Japan Motors’ high-tech and ultra-modern automotive plant in Tema that is being built to assemble the all-new Nisan Navara in Ghana. The Nissan vehicle Assembly plant by the leading automobile dealer, Japan Motors, is… Continue reading Trade Minister impressed with Japan Motors’ all-new, ultra-modern Nissan Ghana plant

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Govt suspends 20% of expenditure in approved 2022 budget

The government has suspended expenditure in the 2022 Budget by 20%, the Finance Minister, Ken Ofori-Atta, has announced. Parliament has already approved the government’s total expenditure for 2022, but the government, in a prudent fiscal consolidation move, has decided to cut down on its expenditure, up to a whopping 20%. Addressing the media on Wednesday,… Continue reading Govt suspends 20% of expenditure in approved 2022 budget

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