Business

Do not take loans from these 97 unlicensed online loan apps – BoG warns

Business News of Wednesday, 14 June 2023 Unlicensed loan apps The Bank of Ghana has warned against taking loans from over 97 unlicensed online loan applications. According to the Central Bank, the influx of these loan apps is in contravention of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930). The bank said it had observed the persistent operation of unlicensed ...

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It is extremely dangerous to keep cylinders indoors – NPA

Business News of Sunday, 11 June 2023 Source: thebftonline.com Cylinders The public has been cautioned that it is extremely dangerous to keep cylinders indoors. In case of leakage, the naked eye cannot see gas, hence the need to keep cylinders outside to avert fire outbreak. A member of the NPA Governing Board and Chairman of the Consumer Services sub-committee, Kwami Sefa ...

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Desist from giving tips for public services, employment – Immigration Commander

Regional News of Monday, 12 June 2023 Source: GNA File photo Nii Ofoli Wilson, Municipal Immigration Commander, Ashaiman, has advised the public to desist from giving tips to access public services such as obtaining driver’s licenses, birth certificates, and passports. Mr. Wilson was speaking at a community education forum in Ashaiman, organised by Ghana Integrity Initiative (GII) to sensitize and inform ...

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We can take property rates – GRA

Business News of Wednesday, 7 June 2023 Disclaimer Source: GNALocal currency, Cedi Ghana Revenue Authority (GRA) has described as untrue suggestions by the Chamber for Local Governance (ChaLoG) in a statement on May 31, 2023, that property rates can only be collected by the District Assemblies. It said Section 124 of Act 936 as cited by the ChaLoG, spoke to revenue of ...

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Suame interchange project to start in July – A/R Urban Roads Director

Business News of Wednesday, 7 June 2023 Source: www.ghanaweb.com The Ashanti Regional Director for the Urban Roads Department, Francis Gabrah, has disclosed that works on the Suame interchange would commence in July this year. According to him, his outfit has submitted the preliminary design for the project and is optimistic work will be ongoing by July. Francis Gabrah made this known ...

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Government nears agreement to restructure $2.6 billion in pension funds – Report

Business News of Thursday, 1 June 2023 Source: Bloomberg Finance Minister, Ken Ofori-Atta Ghana’s pension funds are close to agreeing to a deal to restructure $2.6 billion worth of government bonds they hold, according to an umbrella body for the industry. Under the plan, the pension funds will receive more interest payments, but over a longer period of time, according to ...

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Wives, relations of 300 illegal miners trapped in AngloGold mine besiege site crying for help

General News of Tuesday, 30 May 2023 Source: www.ghanaweb.com Scene from site were over 300 miners are trapped Wives and other relations of the over 300 illegal miners reportedly trapped in a mine shaft belonging to multinational mining giant AngloGold have besieged the site carrying for them to be rescued. A video shared by UTV showed several people, predominately women, crying ...

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Going to IMF for US$3bn bailout was a painful decision for me to take – Akufo-Addo

Business News of Monday, 29 May 2023 Source: www.ghanaweb.com President of Ghana, Nana Addo Dankwa Akufo-Addo President Nana Addo Dankwa Akufo-Addo has disclosed that it was a painful decision for him for his government to run to the International Monetary Fund (IMF) for financial assistance. He pointed out that an IMF bailout programme was not part of his government’s transformation agenda but the narrative changed ...

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COVID-19 fight patients was ‘very expensive’ – Akufo-Addo

Business News of Tuesday, 30 May 2023 Source: classfmonline.com President Nana Addo Dankwa Akufo-Addo Fighting Covid-19 has been “a very expensive undertaking characterised, as it was, by lockdowns, closed borders, minimal economic activity and the consequential steep decline in revenues”, President Nana Akufo-Addo has said. In his 29th update on the pandemic, which was recently declared to be over by the ...

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