#RANDREPORT: RAND FIRMS, STOCKS UP AS RISK SENTIMENT IMPROVES

At 1518 GMT, the rand traded at 14.2175 per dollar, 0.39% firmer than its close on Friday. The rand had earlier in the day weakened nearly 1% to 14.4100 as…

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UT Holdings In Trouble Over ¢51m UT Bank Loan

The parent company of UT Bank has been sued after it took a ¢ 51m loan from its subsidiary but has refused to pay. Plaintiff, Pricewater House Coopers which was…

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Ghana to host exclusive bidding at Africa Oil Week

Ghana will be hosting exclusive roadshow and bidding round highlighting licensing and investment opportunities to global operators and investors at this year’s Africa Oil Week Conference. The event taking place…

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Otabil, ICGC, 13 others sued for ‘serious financial loss’ at Capital Bank

Popular pastor, Mensa Otabil, and his church International Central Gospel Church are among 15 shareholders and directors of defunct Capital Bank sued over the collapse of the bank. The Plaintiffs…

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Telcos change tack in fight for data customers, offer larger Internet bundles for same price

Telecommunication firms recently hiked the cost of Internet as well as that of sending text messages and making voice calls. ALSO READ: Safaricom Half-Year net profit rises to Sh31.5 billion…

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MOYANE, RAMAPHOSA COULD SOON BATTLE IT OUT IN COURT, South African news

President Cyril Ramaphosa defended his decision to fire Tom Moyane in an affidavit filed at the Constitutional Court on Friday. PRETORIA - After firing Sars commissioner Tom Moyane last week, President Cyril Ramaphosa may…

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ISODEC calls for improvement in Ghana’s human development index

Mr Bernard Anaba, a Policy Analyst at Integrated Social Development Centre (ISODEC), has called for improvement in Ghana’s Human Development Index. The Human Development Index measures the average achievement of…

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Soil Science Division did not test Agricult Lithovit Folliar Fertilizer – Dr. Arthur

Dr Alfred Arthur, the Acting Head of Soil Science Division of Cocoa Research Institute of Ghana (CRIG), has told an Accra High Court that the Division never tested a fertilizer…

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Menzgold to begin paying clients; online platform to be launched Monday

Embattled gold dealership firm, Menzgold Ghana Limited has said it will begin to pay its clients part of their initial gold collectibles value coming Friday. In a press statement Sunday,…

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FG will no longer bear cost of service charge for TSA payments – Official

Henceforth, the federal government will no longer bear the service charge on all payments to its Ministries, Departments and Agencies (MDAs) as such costs will be borne by the payer.…

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