Investigations into alleged reports of bribery against workers and security personnel of GCB bank by DKM customers are expected to be completed on Friday 27th January, 2017. The police, upon request from the Registrar General’s Department, who are official liquidators of DKM micro finance company, early this month begun investigations into the matter. “Some of … Read more
Investigations into alleged reports of bribery against workers and security personnel of GCB bank by DKM customers are expected to be completed on Friday 27th January, 2017. The police, upon request from the Registrar General’s Department, who are official liquidators of DKM micro finance company, early this month begun investigations into the matter. “Some of … Read more
The Citi Breakfast Show on Monday January 16, 2017 discussed President Nana Addo’s creation of Inner Cities and Zongo Development Ministry. 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, … Read more
The Head of Banking Supervision at the Bank of Ghana, Raymond Amanfu, has predicted of an improved performance of the banking sector in 2017. According to him, the relative stability in some macro-economic indicators should help banks improve their balance sheets this year. “As a supervisor that is my hope, the issue of the bad … Read more
The Head of Banking Supervision at the Bank of Ghana, Raymond Amanfu, has predicted of an improved performance of the banking sector in 2017. According to him, the relative stability in some macro-economic indicators should help banks improve their balance sheets this year. “As a supervisor that is my hope, the issue of the bad … Read more
US department store chain Macy’s has said it expects to make 10,100 people Redundant US department store chain Macy’s has said it expects to make 10,100 people redundant and save $550m (£447m) as a result of its cost-cutting programme. It said 3,900 jobs would go in 2017 as a result of 68 store closures, out … Read more
Contractors working on GETFund projects across the country say they will embark on a demonstration next Tuesday to demand payment of monies owed them by the government. According to the contractors, government owes them over five hundred million Ghana cedis spanning a period of six months. One of the affected contractors, Daniel Tanor, told Citi … Read more
Contractors working on GETFund projects across the country say they will embark on a demonstration next Tuesday to demand payment of monies owed them by the government. According to the contractors, government owes them over five hundred million Ghana cedis spanning a period of six months. One of the affected contractors, Daniel Tanor, told Citi … Read more
The Managing Director of HFC Bank, Robert Le Hunt has told Citi Business News the bank will make substantial investment in Ghana’s oil and gas industry in 2017. According to him, the industry holds the potential to empower efforts by government to increase local participation of Ghanaians in the sector. Speaking to Citi Business News, … Read more
The Managing Director of HFC Bank, Robert Le Hunt has told Citi Business News the bank will make substantial investment in Ghana’s oil and gas industry in 2017. According to him, the industry holds the potential to empower efforts by government to increase local participation of Ghanaians in the sector. Speaking to Citi Business News, … Read more
Donations continue to pour in for Citi FM’s Help a Christmas Child project with the MP-elect for Madina, Boniface Abubakar Saddique and internet TV platform, IFlix being among the many donors to the outreach. Mr. Saddique donated an amount of money to Citi FM’s cause in addition to some cartons of bottled water. IFlix donated cartons of soft … Read more
Various printing hubs in Accra are excited about what they describe as a boom in business this festive season. The printing hubs which hitherto complained bitterly of low productivity during the election season tell Citi Business News business has picked up. A few months ago in the build up to Ghana’s Presidential and Parliamentary elections, … Read more
Various printing hubs in Accra are excited about what they describe as a boom in business this festive season. The printing hubs which hitherto complained bitterly of low productivity during the election season tell business has picked up. A few months ago in the build up to Ghana’s Presidential and Parliamentary elections, the printing hubs complained … Read more
The Chairman of the Public Accounts Committee (PAC), Kwaku Agyeman-Man has called for the enactment of new laws to prevent out-going governments from awarding fresh contracts weeks to their exit from office. Speaking in an interview with Citi News’ Richard Dela Sky, the PAC chairman said the law will help forestall such last minute governance … Read more
The Chairman of the Public Accounts Committee (PAC), Kwaku Agyeman-Man has called for the enactment of new laws to prevent out-going governments from awarding fresh contracts weeks to their exit from office. Speaking in an interview with Citi News’ Richard Dela Sky, the PAC chairman said the law will help forestall such last minute governance processes. … Read more
Effective Friday, December 23, 2016, the general public would have direct access to the Bank of Ghana (BoG) for clarity on issues concerning the bank’s operations. It follows the establishment of a new Contact Centre by the central bank. The Centre will also deal with requests, queries and complaints related to the banking industry. The … Read more
New entrant into the banking industry, OmniBank Ghana has organized an Executive Breakfast Meeting in Accra to outline plans of the company for business owners. The bank which is the 32nd bank to be licensed by the central bank launched last month after opening its East Legon branch. Speaking to Citi Business News, the Head … Read more
With barely two weeks to Christmas day it appears the buzz that usually surrounds the holiday season is missing this time round. A visit to some major markets in Accra show business activities are yet to pick up a week after the country’s general and parliamentary elections. Checks by Citibusinessnews.com at the Dome market in Accra … Read more
The Bank of Ghana (BoG) is to still own a stake in the Agricultural Development Bank (ADB) despite the completion of the bank’s Initial Public Offer (IPO) early this month. It follows the inability of ADB to achieve a full subscription of its Initial Public Offer on Monday, December 5th, 2016. The Bank of Ghana … Read more
The Bank of Ghana (BoG) is to still own a stake in the Agricultural Development Bank (ADB) despite the completion of the bank’s Initial Public Offer (IPO) early this month. It follows the inability of ADB to achieve a on Monday, December 5, 2016. The Bank of Ghana currently possesses a 9.5 percent stake in … Read more