Business/Finance

Residents Of Elmina Charge Gov’t To Refund Nduom’s Money Within Three Weeks…

Updated on 23-Aug-2019 Some residents of Elmina in the Komenda Edina Eguafo Abirem (KEEA) Municipality in the Central Region have given government a three-week ultimatum to pay back monies owed Dr. Papa Kwesi Nduom or face their wrath. Speaking to Citi News after a press conference held in the area, John Quansah, leader of the […]

Business/Finance

Gov’t Strategises To Tackle Effects Of Artificial Intelligence On Economy- Employment Minister

Mr Ignatius Baffour-Awuah, the Minister of Employment and Labour Relations, says the emergence of artificial intelligence and technological advancement into the work environment will invariably result in loss of traditional jobs. He said due to the technological advancement under the Fourth Industrial Revolution, many countries worldwide were shifting from the traditional economy to a new […]

Business/Finance

Workers Affected By Bank Closure Must Open New Accounts- Accountant General

The Controller and Accountant General’s Department (CAGD) has urged government workers who take their salaries through the collapsed saving and loans companies, to open new bank account with banks of their choice to enable payments. Mr Kwasi Kwaning Bosompem, the acting Controller and Accountant-General, in a press release, said subsequent to the revocation of license […]

Business/Finance

BoG to Develop Risk-Based Approach For Designated Non-Financial Businesses.

The Bank of Ghana (BoG) is in the process of developing robust framework for implementing a Risk-Based Approach (RBA) to Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) for designated non-financial businesses and professions. Dr Ernest Addison, the Governor, BoG, said this on Tuesday in a speech read on his behalf at the opening of the […]

Business/Finance

‘Funds Available To Pay Customers Of Collapsed 23 Savings And Loans, Finance Houses’

The Bank of Ghana (BoG) has given the assurance that funds are available to pay depositors of the 23 savings and loans companies and finance house companies that have been shut down. “In line with the Government’s commitment to protect depositors’ funds, the Government has made funds available to enable the Receiver pay depositors after […]