Prime News Ghana

Today's Ghana Business, Banking and Economic news

I am not a greedy businessman - Zoomlion founder

Chief Executive Officer of the Jospong Group, the parent company of Zoomlion Ghana Ltd Joseph Siaw Agyapong, says he is not a greedy and corrupt businessman who seeks to rip off the state as perceived by most Ghanaians.

300 Kenyan SGR workers finally handed one-year contracts

More than 300 Kenyans hired by the Chinese operator of the Mombasa-Nairobi Standard Gauge Railway (SGR) passenger train have finally been issued with one-year renewable contracts, reducing the possibility of industrial action by the workers.

Facts: Why licenses of UT Bank and Capital Bank were revoked

Q. Why has the Bank of Ghana decided to revoke the licenses of UT Bank and Capital
Bank?

A. UT Bank and Capital Bank were deeply insolvent, meaning that their liabilities exceeded their assets, putting them in a position not to be able to meet their obligations as and when they fell due.

We’re not responsible for empty containers in Apapa - APMT

THE Management of APM Terminals has said that it is not responsible for controlling traffic in Apapa – Lagos and hence cannot be held liable for the gridlock in the area. The company said that like other stakeholders, it was a victim of the menacing Apapa gridlock.

Ghanaians need clarification on MenzGold saga - OccupyGhana

Pressure group OccupyGhana is asking the Bank of Ghana, Securities and Exchange Commission and the Minerals Commission to live up to their mandate as enforcing agencies, to bring finality to whether or not a gold trading company MenzGold is engaging in illegal deposit-taking.Â