Dr Joe France, the Director of Financial Stability, Bank of Ghana (BoG), has said that over 90 per cent of fraud-related cases in the banking sector are associated with the employees. According to him, investigations have revealed that some of the banking staff masterminded most of these frauds and urged the management of Banks to be wary of people they ...

Less than 12 months after the ban on the export of five vegetable crops to the EU market was lifted, Ghana faces another ban on its exports. This time, exported pepper is in danger of being blacklisted over questions of quality. About 24,000 tonnes of pepper is exported from Ghana to the EU annually. The Vegetable Producers and Exporters Association ...

Motorists should brace themselves for some good news in the coming pricing window as the National Petroleum Authority hints of a possible reduction in fuel prices. The Chief Executive Officer of the Authority, Hassan Tampuli has suggested that the current trend being witnessed on the market has given a positive indication and is likely to result in prices at the ...

Government is taking the necessary steps to put in place safeguards to ensure the macroeconomic gains made in the last 21 months are not reversed, Vice President Bawumia has disclosed. A key component of these measures is the expected passage, by the end of the year, of a Fiscal Responsibility Law to cap the budget deficit not to exceed 5% ...

The Bank of Ghana has released a list of banks that are duly licensed and of good standing in the country. The Central Bank is the institution mandated to supervise and regulate the operations of all financial institutions in the country. It is hoped that realising the list of licensed banks will help restore customers’ confidence in the banking sector. ...

The Commissioner of the Customs Division of GRA, Isaac Crentsil has disclosed that no importer will bear the cost of the Cargo Tracking Note policy to be implemented on the 15th October, 2018. Contrary to media reports, he said the GRA will instead shoulder all the CTN charges. “Ghana Revenue Authority is going to take all charges pertaining CTN. Nobody ...

The National Coordinator of the One-district, One-factory (1D1F) policy initiative, Ms Gifty Ohene Konadu, has given an assurance that every district with raw material will have its own factory by the end of 2020. In an interview with the Daily Graphic in Accra last Monday, she said some districts which had multiple raw materials would even have more than one ...

European Union Ambassador to Ghana Diana Acconcia says the EU is shifting away from the ‘donor-receiver’ kind of relationship with Africa to a partnership kind of relationship. The EU Ambassador disclosed this while presenting her letter of credence to President Nana Addo Dankwa Akufo-Addo at the Jubilee House in Accra on Tuesday. She expressed confidence in the President’s ‘Ghana Beyond ...

Energy Minister John Peter Amewu is claiming the government has saved $50 million in yet another renegotiated AMERI deal. It will be the second renegotiation of a highly controversial power deal by the government after the first was heavily criticized. Amewu told Evans Mensah on PM Express, a current affairs programme, on Joy News, Monday evening, that government has concluded ...

The National Coordinator of the One-District-One Factory policy initiative, Hon. Gifty Ohene Konadu, has assured Ghanaians that every district will have its own factory by the end of 2020. She noted some districts will even have more factories than others depending on the raw material potentials they have. Corroborating her claim, she indicated for instance that the Nsawam Adoagyiri District ...