Ibrahim Mahama sued over unpaid ¢189m UT bank loan
Receivers of defunct UT Bank have sued prominent businessman, Ibrahim Mahama in a bid to recover more than ¢189m in loans his companies took from the troubled bank. Two officials…
New Owners Of ECG To Get $800 Million From AfDB
The African Development Bank, AfDB is to raise $800 million for the new owners of Electricity Company of Ghana ECG Meralco. The deal would see African Development Bank and some…
Skills shortage ‘hurting women entrepreneurship’
Lack of business skills and information about the available opportunities in the sector are among the factors undermining women in business. This was disclosed on Tuesday in Kigali, during a…
Consolidated Bank Ghana records five fraud cases
The Consolidated Bank Ghana(CBG) limited has recorded five cases of fraud within its first three months of operation. Management of the bank disclosed this when it met workers of the…
GCB Bank investigates unapproved withdrawal of customers monies
GCB Bank has begun investigations into circumstances under which monies were withdrawn from customers accounts by some unknown persons. Some customers of the bank have been complaining that unspecified amounts…
‘Zimbabwe could be gateway to investment’
Business Reporter Zimbabwe could be the gateway to investment into Africa through establishment of an Offshore Investment Centre with strong links to the local one-stop investment shop for processing investments.…
Uganda Shilling holds strong
The Uganda Shilling stood tall supported by sizeable dollar inflows mainly from NGOs and commodity exporters, making the supply side stronger to match the pockets of demand from the manufacturing…
Sisal prices continue to fall-Tanzania
Dar es Salaam. Sisal fibre prices declined in August this year, following a decrease in the world market, a new report has shown. According to economic review for September by…
Morocco’s Trade Deficit Widens as FDI Drops 2.7%
Foreign direct investment (FDI) flows were down by 2.7 percent compared to the same period of the previous year, the Foreign Exchange Office (FEO) reported. The FEO reported the figures…
2019 budget must promote local capacity for input production – Peasant farmers
Peasants farmers, speaking through their umbrella organisation, Peasant Farmers Association of Ghana (PFAG), have made three key contributions into the upcoming 2019 budget statement. The farmers want the Finance Ministry…
