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General News

Consolidated Bank overtakes Ecobank Ghana

The newly established Consolidated Bank Ghana Limited (CBG) has overtaken Ecobank Ghana Limited to become the second biggest bank by branch network in the country. After consolidating the operations of five erstwhile banks, CBG’s location points came up to 175 in nine regions compared to 67 locations in eight regions …

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I am not keeping any gov’t vehicle – Charlotte Osei I am not keeping any gov’t vehicle – Charlotte Osei

Sacked Chairperson of the Electoral Commission, Charlotte Osei, has denied media reports she is keeping a government vehicle despite exiting office. Mrs Osei in a letter dated August 7, 2018 and sighted by Myjoyonline.comTuesday said she had “returned all vehicles and other assets belonging to the Commission”. The letter was written to …

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Gov’t to cancel revised AMERI deal – Report

The Daily Statesman Newspaper has reported that the government intends to cancel the revised power agreement with Dubai-based AMERI. The paper reports that the Energy Ministry’s solo-driven revised deal with the Dubai-based energy equipment provider AMERI will not see the light of day. Details of the renegotiated contract, which indicated …

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Nana Addo swears in Jean Mensa as new EC chair

Former Executive Director of the Institute of Economic Affairs, IEA, Jean Mensa, has been sworn into office by President Akufo-Addo as the new Chairperson of the Electoral Commission. Other members of the Commission sworn in were Samuel Tettey as deputy Chairperson, Dr. Eric Asare Bossman, also a deputy Chairperson, and …

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BoG collapses 5 banks, full statement attached

PRESS RELEASE GOVERNMENT ESTABLISHES NEW INDIGENOUS BANK; BANK OF GHANA REVOKES LICENCES OF FIVE BANKS AND APPOINTS RECEIVER IN RESPECT OF THEIR ASSETS AND LIABILITIES The Bank of Ghana today has granted a universal banking licence to Consolidated Bank Ghana Limited established by the Government. The Bank of Ghana has …

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