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GCB Bank should stop deception and publish audited financial statements and annual report

BY ISAAC ADONGO I HAVE reviewed the purported Audited Accounts of GCB Bank published in some newspapers and on the bank’s website and note with grave concern the height of deception and misleading conduct of the bank. Rather than publish the full Audited Financial Statement and Annual Report as is …

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Transport fares increase by 10% today

TRANSPORT FARES have been increased by 10% effective, today June 4, 2018. This was announced in a statement by the Road Transport Operators. Transport operators have been asked to comply with the new fares and post same at their loading terminals so as to avoid any confrontation with the travelling …

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Ghana gains marginal increase in mining revenue

BY ROSEMOND BOATENG ADDAI MR KWAME Addo-Kufuor, the out-going president of Chamber of Mines and Regional Chief Financial Officer, has said suggestions based on data from Minerals Commission that Ghana’s gold production declined by a marginal one half percentage point, from 4.24 million ounces in 2016 to 4.22 million …

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ICT investment, partnership key to Africa’s digital growth

BY LI PENG Mr Li Peng, President of Huawei Southern Africa Region   RAPID ADVANCEMENTS in Information Communications Technologies (ICT) over the past 20 years have substantially altered the ways in which people live, work, play and interact with one another.   The World Bank’s World Development Report shows that …

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MTN to list on stock market today

GHANAIANS CAN, from today, Tuesday, May 29, own shares in MTN Ghana, the country’s telecommunication giant. MTN is ceding 35 % of its stake, through an Initial Public Offer (IPO), on the Ghana Stock Exchange (GSE). The move is part of the requirement by the National Communication Authority for acquiring …

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Govt should move from old polices -Dr Yamson

BY ROSEMOND BOATENG ADDAI ISHMAEL YAMSON and Associates, together with a group of experts in the economy, will have a roundtable on Wednesday, May 30, 2018, to delve into ways to help the economy grow in the country. According to Dr Ishmael Yamson, chairman of Ishmael Yamson and Associates, …

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31-year civil servant wins MTN two-bedroom apartment

BY ROSEMOND BOATENG ADDAI A 31-YEAR-OLD civil servant, Samuel Obeng Amoako, has won a two-bedroom apartment worth $93,000 at DevTraco Court in Tema for emerging the ultimate winner of the MTN ‘Taking Over’ promo. Mr Maxwell Arthur, Senior Specialist at the Consumer Segment at MTN, explained that in all, …

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Producer Price Inflation rises to 6.4% in April

BY   ROSEMOND BOATENG ADDAI THE PRODUCER Price Index (PPI) that measures the average change over time in the prices received by domestic producers for the production of their goods and service for the month of April 2018 recorded inflation rate of 6.4%.   Briefing the press, the Deputy Government …

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We’II pay GH¢100 K licence fees Private lotto Operators assures NLA

GHANA NATIONAL Chamber of Licensed Banker to Banker Lotto Operators and Agents (GNCLBBLOA) says it supports demand for the lotto operating licence fee of GH¢ 100.000.00 approved by the Board of Directors of National Lottery Authority (NLA) to be paid by private lotto operators. Addressing a press conference in Kumasi …

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Heritage Bank Ltd set to meet minimum capital

HERITAGE BANK Limited, Ghana has disclosed that it is firmly on track to meet the new minimum capital requirement set by the Bank of Ghana, well ahead of the stipulated December 2018 deadline.   Managing Director of the Bank, Mr Patrick Fiscian, made this revelation to some members of the …

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