In a significant legal development, Ato Essien, the former Chief Executive Officer of the defunct Capital Bank, has been sentenced to 15 years in prison with hard labour. This verdict comes as a consequence of the failure of Ato Essien to fulfill his commitment to pay the state GH¢90 million, despite multiple extensions granted to […]
The King Oyanka Royal Currency “Gold Land Unit (GLU) Note” is accepted in International Bank of Maharlika, an Asian Bank in Philippines Island of Bucas Grande’s Maharlinka Nation. This acceptance was as a result of understanding by Bae Amala and the Honorable family of the Marharlika Nation In Phillipians. After discussing with Nii Ayitey Anumle […]
Ghana has emerged as the country across the globe with the highest outstanding loan under the Poverty Reduction and Growth Trust (PRGT) at the International Monetary Fund (IMF). The Poverty Trust which is one of the funds countries can draw credit from is specifically to support the potential balance of payment problems of low-income countries […]
International ride-hailing service Yango in partnership with Leasafric Ghana Plc, a leading leasing and logistics company, have successfully added a second batch of vehicles to complete the first phase of 100 fleet car s for Yango partners in Ghana. These vehicles were handed over to the partners at a special handover ceremony in Accra. Speaking […]
Jumia, the leading e-commerce platform in Africa, has announced the appointment of Sunil Natraj as Ghana’s new Chief Executive Officer. He takes over the leadership mantle from former CEO, Tolulope Thomas. “I am very excited to take up this enormous responsibility to lead such a great team of enthusiastic professionals. E-commerce is fast growing in […]
The Chamber of Automobile Dealers Ghana are appealing to government to refund the monies paid for duties on the vehicles seized by the Economic and Organised Crime Office (EOCO) to help dealers stay in business. According to them, the EOCO on December 9, 2022, raided some garages and seized 37 imported luxury vehicles suspected to be stolen […]
The Public Utilities Regulatory Commission (PURC) has reportedly increased the tariffs for utility services. According to GTV, the PURC has agreed on increasing electricity and water tariffs by 29.96 percent and 8.3 percent, respectively. “Public Utilities Regulatory Commission (PURC) increases electricity tariffs by 29.96% and water tariffs by 8.3%. “All tariff increments take effect on […]
Nii Ayitey Anumle Oyanka(King Oyanka) I, the overseer of the Anamase Royal Council and the Abola Piam Royal Council of Ga State, decendant of Great Benin Kingdom of West Africa installed and appointed Michael Allan Sheffield as King of Finance for Anamase Royal Alliance Council of Akyem Bosome Traditional Area and Abola Piam We Royal […]
MTN Mobile Money(MoMo) has implemented the Bank of Ghana (BoG) approved increase in daily and monthly transaction limits as well as maximum wallet balances. A statement issued by MTN said: Customers with Daily Transaction Limits of GH¢1,000, GH¢5,000 and GH¢10,000 have had their limits increased to GH¢2,000, GH¢10,000 and GH¢15,000 respectively.” Additionally, Account balance limits […]
On Friday, November 18, 2022, Enclave Gardens was the place to be. Aphro Beverages launched a Ready to Drink (RTD) as a brand extension of its existing portfolio and just like it’s introductory launch two years ago, it was a gathering of an Afrocentric community coming together to support black excellence. The event was attended […]