Prime News Ghana

Today's Ghana Business, Banking and Economic news

ADB to support outgrower farmers under IDIF

The Managing Director of the Agricultural Development Bank (ADB), Dr John Kofi Mensah, says the indeginous bank will support Outgrower Farmers supplying raw materials to Factories under the government’s One District One Factory (1D1F) initiative.

Gov't to launch US$500m gold IPO in Sept.

The government is targeting the first week of September to launch the international initial public offer, IPO of Agyapa Royalties Limited, the company formed to monetise Ghana’s future gold royalties by raising equity capital from investors.

Banks must avoid verbal promises to borrowers, consultant says

CEO of Meridian Legal and Financial Consult, Carl Abruguah, has tasked banks’ loan recovery officers to understand the contractual terms of the loans and credits advanced to clients to enable them deploy the requisite legal actions to recover those debts when they are due.

300 shops closed at Arts Centre

About 300 artefact shops at the Arts Centre in Accra have shut down due to COVID-19, Mr Ayingura Sunday, Secretary of the Greater Accra Arts and Crafts Dealers Association has said.