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  • More banks considering mergers, takeover– BoG September 25, 2017

    September 25, 2017 4:03 PM 4

    Dr. Ernest Addison, Governor of the Bank of Ghana The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has disclosed that the central bank has received some proposals from banks pushing for mergers and takeovers, following the announcement of the new capital requirement. The Bank of Ghana increased the capital requirement of banks from 120 million

  • CEOs of MTN, UBA declared Marketing Man, Woman of the Year

    September 25, 2017 11:20 AM 3

    Mr Asante and Mrs Bawuah won the top prizes at the 28th annual Chartered Institute of Marketing, Ghana (CIMG) National Marketing Performance Awards held at the Banquet Hall, State House in Accra last Saturday. The event, which was on the theme: “Cause-related marketing: A panacea for national behavioural change”, attracted corporate Ghana, captains of business

  • Communications Ministry hosts Tech in Ghana Conference

    September 25, 2017 2:00 AM 2

    The Ministry of Communications and AB2020, which connects and highlights investors, businesses, and entrepreneurs operating in Ghana and Africa, will jointly host the Tech in Ghana Conference at the Accra Digital Centre from November 21-22. A statement issued by the Ministry of Communications and copied to the Ghana News Agency said following the success

  • Accra Technical University wins cocoa recipe contest

    September 24, 2017 6:00 PM 6

    Accra, Sept. 24, GNA - The Accra Technical University emerged winners of the Inter-Technical Universities cocoa recipe contest organised by the Ghana Cocoa Board with support from the Cocoa Processing Company. Takoradi Technical University came second of the six that contested, followed by Ho, Tamale, Koforidua and Sunyani Technical universities

  • First Atlantic Bank gets strategic investor

    September 23, 2017 2:11 PM 2

    Accra, Sept. 23, GNA - First Atlantic Bank (FAB) says it has finalised an agreement with Advanced Finance and Investment Group (AFIG Fund) to invest in the Bank. AFIG Funds’ investment in First Atlantic Bank will strengthen its (FAB’s) capital and accelerate its transition to becoming a market leader. A statement from the Bank said the Fund’s investment

  • Don’t increase Transport fares – GPRTU tells members

    September 22, 2017 6:25 PM 3

    The Ghana Private Roads Transport Union (GPRTU) has directed its members not to increase transport fares, despite the recent increase in fuel prices. GPRTU in a press release Friday said, “transport operators after a meeting with stakeholders in the transport sector on September 22, have agreed that there should be no increase in transport fares as a result

  • Tesla saw a 4th straight day of losses after hitting an all-time high on Monday (TSLA)

    September 22, 2017 6:16 PM 2

    Tesla is set to close lower for a fourth-straight session on Friday. Shares are down 3.17% as of 1:57 p.m. ET, and have been falling since hitting an all-time high of $389.61 on Monday. The day after its record high, Jefferies initiated coverage of the company with an underperform. Analyst Philippe Honchos said Tesla's progress is impressive thus far, but that he doesn't

  • UMB marks 45th Anniversary with staff, customers health walk

    September 20, 2017 4:03 PM 2

    The Universal Merchant Bank (UMB) has organised a health walk for its staff and customers as part of its 45th Anniversary celebrations. The walk held last Saturday was under the theme “Walking to Celebrate 45 Years”. The UMB's 45th Anniversary Health Walk was meant to drum home to staff members, customers and the general public the relevance of physical

  • UPDATE 1-Ghana's Cocobod signs $1.3 bln loan for 2017/18 cocoa purchases

    September 20, 2017 3:18 PM 4

    ACCRA, Sept 20 (Reuters) - Ghana’s cocoa industry regulator Cocobod signed a $1.3 billion loan with international banks on Wednesday to fund purchases for the 2017/18 season, due to open early next month, Cocobod’s deputy chief executive said. The world’s second largest cocoa producer after Ivory Coast, Ghana uses loans from international banks every

  • Government to revitalise SOEs – Vice-President

    September 20, 2017 11:15 AM 2

    Vice President Dr Mahamudu Bawumia on Tuesday said the Government is implementing policies that would revitalise the State-Owned Enterprises (SOEs) to contribute significantly towards economic transformation to ensure prosperity for all. To this end, he said, the State Enterprises Commission and selected SOEs were benefiting from a World Bank Technical