The ARB Apex Bank has cautioned rural and community banks (RCBs) against poor credit management, urging them to put in place measures to strengthen credit management to avert running into liquidity challenges and improve upon their profitability performance.
Minister of Information, Kojo Oppong Nkrumah, has said the government’s topmost priority was economic recovery from the coronavirus pandemic and called on the media to offer the needed support.
The Ghana National Chamber of commerce and Industry (GNCCI) has signed a Memorandum of Understanding (MoU) with the Regent University College of Science and Technology to bridge the gap between industry and academia.
Forty-two years old Bachir Musa Aminou who was busted with huge number of ATM cards connected to nine banks operating in Ghana and Nigeria has been charged by security authorities.
The first tranche of the $1.5 billion Cocoa Syndicated Loan will hit the accounts of the Bank of Ghana by the first week of October, 2021, the Deputy Chief Executive in charge of Finance and Administration at Ghana Cocoa Board, Emmanuel Ray Ankrah said.
Head of the Financial Stability Department at the BoG, Dr Joseph France, has said he suspects that some high-profile persons in neck-deep in the recent bust of 656 ATM cards at the Kotoka International Airport.
Former Finance Minister Seth Terkper has urged government to use part of the Special Drawing Rights (SDR) money from the International Monetary Fund (IMF) to pay off the zero-coupon sovereign bond it issued earlier on in the year, as waiting for it to mature will be more expensive to the state.
Minister of Roads and Highways, Mr Kwesi Amoako-Atta, has stated that government will soon weed out or blacklist all non-resourceful contractors in order to sanitize the construction sector and pave way for effective delivery of government road projects.
The Minister for Tourism Arts and Culture, Dr Mohammed Amin Awal has indicated that the government will this week begin the disbursement of a $55 million grant from the World Bank to boost the tourism industry.