MTN Ghana may not be listing on the Ghana Stock Exchange (GSE) anytime soon even though it plans to cede a part of its operations to investors. This is the indication from the managers of the Ghana Stock Exchange. The Director General of the GSE, Kofi Yamoah explains to Citi Business News that MTN will … Read more
The Bank of Ghana (BoG) has cautioned the public against doing business with ponzi scheme, MMM. The caution comes after calls on the Central bank to halt the operation of the company following concerns over its credibility. It is not clear whether the Bank of Ghana (BoG) has stepped in to halt their operations as … Read more
Barely a week after Citi News reported on the return of illegal miners in some communities in the Eastern Region, another notorious group has returned to mine illegally in the Pra River at Daboase in the Western Region. Officials of the Ghana Water Company (GWCL), who were on their routine assessment of bodies, run onto … Read more
The Northern Regional Chairman of the New Patriotic Party (NPP), Daniel Bugri Naabu has apologized to the Upper East Regional Minister, Rockson Bukari, for suggesting that he connived with others to late Upper East Regional Chairman of the NPP. In an apology letter sighted by Citi News, he said the allegations made were “a slip of tongue” … Read more
The Central Regional branch of the National Association of Graduate Teachers, NAGRAT, has expressed outrage over government’s decision not to pay two years arrears due members who have been promoted. Over 11,000 teachers have been served promotion letters, but government has decided not to pay them their arrears dating back to September 1, 2015. Speaking … Read more
Some economists are predicting that Ghana’s economy will be 5 percent by the end of this year. This is lower compared to government’s 6.3 percent and the World Bank’s 7 percent projections. Although Ghana ended 2016 with a growth of 3.5 percent which was also lower than the previous year’s 3.9 percent, government’s economic team … Read more
People complained of extortion before they were allowed to receive parcels mailed to them Ghana Post Company has apologized to its customers for rendering poor services to them. This follows complaints from a number of customers on the Citi Breakfast Show recently. Some customers who sent messages into the show described various ordeals, including a … Read more
The newly confirmed District Chief Executive for Nanumba North District of the Northern Region, Abdulai Yaqoub, has officially started work following his endorsement. He was endorsed by all the assembly members on May 4, and subsequently sworn into office by the Northern Regional Minister, Salifu Saeed. Speaking to Citi News on his first day in office, … Read more
Some financial analysts are not hopeful the reported recapitalization of about 250 million cedis yet to be announced by the Bank of Ghana will cause mergers to reduce the number of banks in the country. Currently, the capital requirement for banks in the country stands at 120 million cedis. Some analysts expect the central bank … Read more
The Chartered Institute of Bankers (CIB) is highly confident of the industry’s ability to meet the proposed increase in the minimum capital requirement for banks. The Institute contends that the changing phase of banking requires huge investments hence an increase should position its members to meet the challenge. Citi Business News has learnt that the … Read more
Citi FM’s Family Breakfast Table for first time parents came off at the Holiday Inn Hotel in Accra. The Breakfast Table was part of Citi FM’s events scheduled for the month of May which the station has tagged as the Family Month. Aside the event for the First Time Parents, other other activities lined up … Read more
Citi FM‘s Family Breakfast Table for first time parents came off at the Holiday Inn Hotel in Accra today, Saturday May 6, 2017. The Breakfast Table was part of Citi FM’s events scheduled for the month of May which the station has tagged as the Family Month. Aside the event for the First Time Parents, … Read more
Citi FM’s Family Breakfast Table for first time parents is currently underway at the Holiday Inn Hotel in Accra. The Breakfast Table is part of Citi FM’s events scheduled for the month of May which the station has tagged as the Family Month. Aside the event for the First Time Parents, other other activities lined … Read more
Checks by Citi Business News have revealed that most of the 26,000 public sector workers who were to miss their April salaries over failure to complete their SSNIT biometric registration have missed the new deadline. The Ministry of Finance gave May 3 as the new deadline for the registration after negotiations with some of the … Read more
A former Director General(DG) of the Securities and Exchange Commission(SEC), Dr. Adu Anane-Antwi has urged the management and workers of the Ghana Cocoa Processing Company (CPC) to work at improving their performance on the stock market and not delist. Speaking to Citi Business News yesterday, the Staff Chairman of the Professional and Management Union at … Read more
The Citi Breakfast Show on Thursday, May 3, 2017 discussed health care delivery in Ghana. Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond. (Via: CitiFM Online … Read more
The Accra Metropolitan Assembly (AMA) is currently demolishing unauthorized structures at Kwame Nkrumah Circle. The demolition exercise, which began around 6am, according to Citi News’ Zoe Abu Baidoo has angered the affected traders who expressed their frustrations. One of the traders who expressed his displeasure about the incident said: “Where do they expect us to … Read more
The Chamber of Petroleum Consumers (COPEC) is calling on government to urgently investigate and arrest culprits involved in the illegal sale of petroleum products. COPEC believes this will ensure the immediate halt of the illegal activity and revamp the once vibrant sector. Oil Marketing Companies on Tuesday revealed that about 4,000 workers may lose their … Read more
HFC Bank has posted an operating loss for the second year in a row though the figure has dropped marginally. The Bank’s 2016 financial statement showed that the loss for 2016 recorded 38.6 million cedis from the 39.2 million cedis in 2015. The bank’s losses were also accounted for by the projects to clean the … Read more
The Citi Breakfast Show on Wednesday, May 3, 2017 discussed the traffic situation at the Tema Motorway. Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond. (Via: … Read more