The valuated properties will be auctioned on May 27, 2019 A Commercial Court in Koforidua has ordered the sale of immovable commercial properties including a School – Perfect Love Montessori School – belonging to Kwaku Damete Kumi , the embattled Chief Executive Officer of Global Coin Community Help, a defunct Crypto currency firm at Nsawam […]
Tag: ghana commercial bank
4 banks in Ghana which made profit in the 1st quarter of 2019 after recapitalisation
Some banks in Ghana have recorded profits within the first quarter of 2019 after the Bank of Ghana’s (BoG) $77 million (GH₵400 million) recapitalisation requirement was enforced. 4 banks in Ghana which made profit in the 1st quarter of 2019 after recapitalisation The profit comes as these banks are able to undertake additional transactions including […]
GCNet deploys Trade Facilitation Platform to increase revenue mobilization
Accra, May 3, GNA – The Ghana Community Network Services Limited (GCNet), a Public-Private Partnership, has deployed an upgraded version of its end to end smart clearance system for stakeholders to boost revenue collection for government for national development. The upgraded (Trade Facilitation Platform – TFP) is also designed to enhance user experience and improve […]
Help us retrieve our money – Aggrieved GCCH victims to Akufo-Addo
President Nana Addo Dankwa Akufo-Addo Leaders of about 831 victims of a crypto currency investment scam have called on President Akufo-Addo and the Chief Justice, Sophia Akuffo to call the Economic and Organized Crime Office (EOCO) to order for frustrating their efforts to retrieve some GH¢3.7 million from the account of the defunct financial company […]
Nsawam Prisons gets factory
A tissue paper manufacturing factory has been commissioned at the Nsawam Prisons under the government’s ‘One District, One Factory’ policy. The facility falls under the Nsawam/Adoagyiri Municipality of the Eastern Region. Dubbed, ‘Project Efiase’ and under the management of Brompton Portfolio Limited, the factory would produce toilet rolls, tissue paper, paper towels and packaging products. […]
25% of SSNIT contributors earn less than GH¢400 a month
About 25 per cent of active contributors of the Social Security and National Insurance Trust (SSNIT) earn salaries less than GH¢400 a month. As at the end of February 2019, data collated by SSNIT put total active contributors at 1.5 million. This means that about 375,000 contributors to SSNIT earn less than GH¢400 a month. […]
Tumu College of Education Principal extols government
Principal of the Tumu College of Education, Bernitus Adams Kaleo Principal of the Tumu College of Education in the Upper West Region, Bernitus Adams Kaleo has praised government for taken pragmatic steps to improve the quality of teacher education. According to him, the introduction of a 4 year Bachelor of Education program is a wise […]
Ghana: 4 Granted Gh¢80 Million Bail for Allegedly Defrauding Customers
Four employees of Global Coin Help International Limited, have been granted GH¢80 million bail by the Financial and Economic Division "One" of the Accra High Court, for allegedly dissipating millions of depositors savings. The accused, kwaku Damete-Kumi, David Odonkor, Padmore Owusu Mensah and Samuel Adu Yeboah, who allegedly hid under the guise of crypto-currency business […]
GCNet deploys trade facilitation platform to increase revenue mobilization
The Ghana Community Network Services Limited (GCNet), a Public-Private Partnership, has deployed an upgraded version of its end to end smart clearance system for stakeholders to boost revenue collection for government for national development. The upgraded (Trade Facilitation Platform – TFP) is also designed to enhance user experience and improve the ease of doing business. […]
Wrong policy choices cause of cedi depreciation – Minority
The Minority in Parliament has attributed the depreciation of the cedi to the gross mismanagement of the economy and wrong policy choices by the government. It said the sharp cedi depreciation had worsened the country’s economy, which resulted in the collapse of companies, loss of jobs and decreasing investor confidence. State of economy At a […]