Latest business news in Ghana from YEN.
Parliament has finally approved the request by the Government of Ghana to withdraw over GH¢73 billion from the Consolidated Fund and other government funds to finance development projects in 2019 after two weeks.
Popular Ghanaian music producer, Edward Nana Poku Osei, also known as Da Hammer, has called on the chief executive officer (CEO) of Menzgold Ghana Limited, Nana Appiah Mensah, also known as NAM1, to admit that he made mistakes.
The CEO of the collapsed Beige Bank, Mike Nyinaku, has denied reports that he had been arrested over sale of properties belonging to the defunct Beige bank. He said he was only invited by the police to assist investigations.
According to her, the Global Positioning System (GPS) will indicate the Metropolitan, Municipal and District Assemblies (MMDAs) where the businesses are located, so that local government officials can follow up and give licenses.
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The Chief Executive Officer (CEO) of the defunct Beige Bank, Mike Nyinaku, has been arrested. Nyinaku was reportedly arrested at Takoradi in the Western Region where he was engaged in the sale of properties belonging to the bank.
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The Economic and Organised Crime Office (EOCO) and the Criminal Investigations Department (CID) of the Ghana Police Service are searching for two men, Kwaku Kumi and David Opatey, who have allegedly defrauded over 3000 people.
Government’s inability to reach an agreement with the West African Gas Pipeline Authority concerning charges for the transfer of gas from the Western part of the country to the East, has caused the recent power cuts in the country
He is also seeking “an order restraining the Respondent from making such further pronouncements on the activities of Savings and Loans Companies until it has completed resourcing the Consolidated Bank in other to meet demands.
26 years old Doris' dreams of becoming a lawyer were shattered when she lost both parents while in Junior High School.This however, did not deter her from moving on in life. She is currently one of the few female tilers in Ghana.
TV3’s Bridget Otoo has added her voice to current issue facing gold trading firm Menzgold. According to the newscaster, the embattled firm owned by Nana Appiah Mensah has been a scam from day one Read YEN.com.gh.
After a protracted period of public engagements and disagreement between embattled firm Menzgold Ghana Limited and its customers, the company has reportedly started paying the initial percentage to its customers.
The Minister of Finance, Ken Ofori-Atta, has confirmed reports that some staff of his Ministry and those from the Bank of Ghana, as well as military personnels invested their monies in Menzgold, despite unrealistic rates.
The Minister of Finance, Mr Ken Ofori-Atta has made it clear that the government was not under any legal obligation to pay persons whose moneys have been locked up in Menzgold.He said people invested at Menzgold at their peril.
Management of Menzgold Ghana Limited is calling on aggrieved customers of the company to back down on their planned nationwide demonstration, which they have scheduled to the take place on November, 27 2018 at the Obra Spot.
According to him, those mistakes came about due the pressure to reach the very goals the company set for him and his team. “In 2011, after an incredible start to the year where we generated $130 million in the first six months..."
On Faces of Ghana, we bring you the story of an indigenous Ghanaian craftsman who has been manufacturing and selling xylophones locally for at least 20 years. He identifies lack of support and funds as his biggest challenge.
A group calling itself the Coalition of Aggrieved Customers of Menzgold Company Limited have disclosed that the would be demonstrating, come Tuesday, 27 November 2018 to register their displeasure against the company
An angry customer of uniCredit Ghana Limited, staged a drama at the bank’s head office in Accra when he blocked the entrance with his car. The man, whose name was given as Kofi Agyei, blocked the entrance over his GHC30,000.
The Managing Director of UMB Bank, John Awuah, has confirmed that the cheques purported to be written in Former President John Mahama’s name are fake. He explained that John Mahama does not have an account with the bank
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Latest business news in Ghana from YEN.