The Bank of Ghana, BoG says under the new Payment and Settlement law, any foreign mobile money operator seeking a licence to operate in the country must have a 30 per cent local equity.
It has emerged that the Volta River Authority, VRA, alone is liable for almost ninety-nine (98.99) percent of the amounts owed the Ghana Gas Company by its suppliers.
Mr Anthony K Sarpong has been appointed as the Senior Partner of KPMG in Ghana, with additional jurisdiction over the firm’s business in Sierra Leone, Liberia and The Gambia.
Public Utility Workers Union has asked the Public Utility Regulatory Commission, PURC to be bold and approve higher utility tariffs that will help sustain companies providing utility to the Ghanaian public.
Consolidated Bank Ghana (CBG) has paid out some GH¢2 billion to depositors, including microfinance and savings and loans companies from bond cash it received from the Bank of Ghana.
The Ghana Integrated Aluminium Development Corporation (GIADEC) says it has initiated an open door policy to engage stakeholders in the mining of Bauxite to ensure maximum benefits for the country.
A GCB Bank memo indicates that some clerical staff of the bank, have secured a court injunction on attempts to sack them because they did not obtain credits in English and Mathematics in their WASSCE, prior to their employment.