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Funds of 5 collapsed investment companies safe – SEC

Source: citibusinessnews.com The Securities and Exchange Commission (SEC) has assured customers of five collapsed fund management firms that their investments are safe. Last week, the S.E.C revoked the licenses of the companies for breaching rules guiding their operations. The companies include; Georgetown Capital Partners Limited, Equity Capital Limited, Index Analytics Limited, DM Capital limited and Oxygen Advisory limited. As a ...

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Ghana Business News !

BUSINESS NEWS | GHANA AND BEYOND 🌍 19/03/2019 🚩 The government of Ghana has agreed a $180 million deal with the Exim Bank of India to finance various development projects in the country. This was announced by Ghana’s Vice-President, Dr Mahamudu Bawumia, who stated on Monday, 18 March 2019 that the agreements will be signed between the two countries in ...

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More external threats ahead for the cedi – BoG report

A report by the Bank of Ghana that assesses the impact of external shocks on Ghana’s economy has revealed the cedi’s depreciation against the US$ is expected to continue throughout the year, as global events show more external threats ahead. The report, titled ‘The Effect of External Conditions on the Economy of Ghana’, is authored by Philip Abradu-Otoo and Bernard ...

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Meet Maxwell Kofi Lee, A JHS Graduate & Young Successful Mango Farmer!

  ModernGhana.com has filed a personality profile on, Maxwell Kofi Lee, a Mango Farmer, Footballer and a Junior High School (JHS) graduate of the Sra Presbyterian Basic School at Trom in the Yilo Krobo District of Somanya in the Eastern Region of Ghana, who is making giant strides through his Mango business. Mr. Maxwell Kofi Lee is the Chief Executive ...

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Valentine’s day is big business!

While the annual commemoration of Valentine’s Day is most commonly associated with love and romance, corporate Ghana and small enterprises see it as a major sales opportunity. TOMA IMIRHE looks at the commercialization of the celebration of love and romance in Ghana. Every year, in many parts of the world – particularly those parts that have embraced the culture of ...

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Ethiopia PM Abiy commissions expanded Bole airport terminal, 5-star hotel

Ethiopian Prime Minister Abiy Ahmed on Sunday commissioned the newly expanded Addis Ababa Bole International Airport terminal, which makes it the biggest airport aviation hub in Africa. Abiy also launched the Skylight hotel,a subsidiary of Ethiopian Airlines. “Ethiopian Airlines is the pride of Ethiopia as it embodies the philosophy of Medemer”, Abiy was quoted as saying by the official Fana ...

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Central Bank charged to ensure strict compliance with Banking Law

Financial analysts on GBC’s Current Affairs Programme ‘Talking point’ have urged the Central Bank to put in place strict directives and measures to prevent recurrence of liquidation in the financial sector. The analysts are of the view that such measures when applied should be followed to the letter to ensure compliance. The panelists who commended the Central Banks move of ...

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Tax Deductions That Could Save You Big Bucks in 2019

  By: Matthew Frankel, CFP The Tax Cuts and Jobs Act made the most sweeping changes to the U.S. tax code in several decades, and the first time most Americans will really feel its impact is when they file their 2018 tax return sometime in 2019. With that in mind, here are five deductions or types of deductions that can ...

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