The Universal Merchant Bank (UMB) says it successfully collaborated with the Ghana Police Service to cause the arrest of an unscrupulous syndicate that attempted to attack the bank’s infrastructure last week.
“UMB wishes to state that due to the significant … Read the rest
Fifteen out of the 32 banks are now in line to recapitalise to GH¢400 million by December this year.
The fate of the remaining 17 is still unknown, barely six months to the end of the deadline for banks to … Read the rest
A last-minute decision by the Ministry of Trade and Industry (MoTI) to rescind its directive to all foreigners in the domestic retail business to leave the local market before July 27, this year has been met with stiff resistance from … Read the rest
The BELSTAR Capital Limited (BELSTAR) has expressed discomfort and surprise at the Bank of Ghana’s (BoG) annulment of the share purchase of four institutions in the Agricultural Development Bank (ADB).
In a statement issued by its chairman on Wednesday July … Read the rest
The government is expected to begin the disbursement of soft loans to some 1,000 existing youth-led businesses by the end of this month through the National Entrepreneurship Innovation Plan (NEIP), in a bid to scale up the capacity of young … Read the rest