The Minister of Trade and Industry, John Alan KwadwoKyerematen, has disclosed that government, since the implementation of its flagship programme, One District, One Factory, has released GH¢273,055,513 to 15 Participating Financial Institutions (PFIs) between 2017 and 2021. The amount is for the payment of interest subsidies to de-risk loans granted to beneficiary companies by the […]
Tag: ghana commercial bank
Dr. Solomon Owusu: E-Levy is not the only way to sustain the economy
I write with utmost respect to advise Professor Raymond Atuguba to avoid certain comments during his public lectures, concerning the electronic transaction levy (e-levy) matter. He should be bold to admonish the government to manage the country’s natural resources effectively and also spend the taxpayers’ money wisely. I had a shock of my life when […]
Appiatse Explosion: We are hoping to reach Ghanaian diaspora for support – Dr. Joyce Aryee
Chairperson of Appiatse Support Fund Committee, Dr. Joyce Aryee, says the Committee is hoping to reach out to the Ghanaian diaspora for support in the rebuilding of the Appiatse community. Speaking in an interview on The Pulse on Tuesday, Dr Aryee, said the Committee has developed some strategies that would help push the agenda of […]
The Great Somersault in Ex Parte Ecobank Ghana Limited.
A: Introduction On 18 th January, 2022, the Supreme Court gave its ruling in Ex Parte Ecobank Ghana Limited [1] and reserved its reasons for a later date. The main issue for determination in the application was whether C.I 132[2] has taken away the High Court’s jurisdiction to hear applications filed after an appeal is […]
E-Levy is Not the Only Way to Sustain the Economy – Dr. Solomon Owusu Challenges Prof. Raymond Atuguba
Prof. Raymond Atuguba and Solomon Owusu, PhD I write with utmost respect to advise Professor Raymond Atuguba to avoid certain comments during his public lectures, concerning the electronic transaction levy (e-levy) matter. He should be bold to admonish the government to manage the country’s natural resources effectively and also spend the taxpayers’ money wisely. I […]
Akufo-Addo commissions four vessels for Navy
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Friday, 25 th February 2022, commissioned four (4) new vessels acquired for use by the Ghana Navy, at a ceremony at the Sekondi-Takoradi Naval Base. The acquisition of these vessels, according President Akufo-Addo, “is yet a further manifestation of the commitment of Government to retool […]
Chinese Embassy donates ¢50k to Appiatse Support Fund
The Chinese Embassy has donated ¢50,000 to the Appiatse Support Fund established to rebuild the Appiatse community and support victims of the explosion. This was disclosed by the Chairperson of the five-member Committee established to manage the Fund, Dr Joyce Aryee, on The Pulse on Tuesday. “Today, we collected ¢50,000 from the Chinese Embassy. They […]
Ghana’s richest investor in banking is worth over US$9 million – Report
Daniel Ofori, Investor Wealthy Ghanaian businessman Daniel Ofori’s investment in Ghana’s fourth-largest bank, Societe Generale Ghana, is now worth GH¢57.9 million (US$9.03 million), owing to a rise in the firm’s shares in 2021. Societe Generale Ghana, a subsidiary of the French international investment bank Societe Generale, operates as one of 17 operational divisions of the […]
Today in History: Ensure perpetrators of collapsed banks face the law in second tenure – BoG Governor urged
Governor of the Bank of Ghana, Dr. Ernest Addison Governor of the Bank of Ghana, Dr. Ernest Addison , upon resumption of his second term was urged to ensure those behind the collapse of some Ghanaian banks in 2017 are brought to book. Banking Consultant, Nana Otuo Acheampong, said the collapse of the banks had […]
Court grants two bail over GH¢129,451 bank theft
An Accra Circuit Court has granted two persons varied bail sums over an alleged GHC129,451.37 bank theft. Jonathan Essel Mensah, 29, banker, was granted a GHC130,000.00 with two sureties whilst Michael Kwame Bewie, 28, student, was granted GHC100,000.00 with two sureties. The Court presided over by Mr Obiri Yeboah ordered that all the sureties be […]