News Headlines
Home » Gen. News » Business (page 2)

Business

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 ...

Read More »

‘No new oil discovery in Ghana’ – IES ‘exposes’ government

The Institute for Energy Security (IES) has rubbished claim there is a new discovery of oil worth 550 million barrels daily. This follows news from government agencies that Ghana has discovered a new oil field in the Cape Three Point area ready for exploration by Aker Energy. Speaking on Ete Sen on Radio XYZ 93.1, a senior Research analyst at ...

Read More »

The metamorphosis Of Menzbank to Menzgold!

A chronological analyses of the Menzgold story so far!From Menzbank to Menzgold! A must read !  1. On October 28, 2014 Bank of Ghana discovered, in a special exercise within the Central Region, that Menzbank was operating microfinance in Kasoa under the guise of gold trading and illegally using the name “Bank”. 2. On March 11, 2015 BOG issued notice ...

Read More »

Menzgold saga: BoG’s ‘we are not concerned’ posture worrying – Law lecturer

A law lecturer has criticised what he describes as “we are not concerned” posture of the Central Banks’s towards frustrated Menzgold customers. Justice Srem-Sai who is with the Ghana Institute of Management and Public Administration (GIMPA) said he is saddened by the Deputy Bank of Ghana (BoG) Governor’s pronouncement that there is nothing the central bank can do for the ...

Read More »

Government cancels GHC362m Jospong contract after JoyNews investigation

Government has canceled a $74m contract with Jospong Group of companies to provide waste bins believed to have been inflated. The cancellation of the contract which translates to ¢355m follows Joy News investigations in 2017 by award-winning journalist Manasseh Azure Awuni. Joy News found the procurement of one million waste bins and disposable bin liners was inflated by at least ...

Read More »

What Is the Difference Between a Commercial Bank and a Savings & Loan Bank?

If you want to store your cash, you can stuff it into your mattress or, like most people, keep it in a bank. Banks are highly regulated and your deposits are insured, which means you generally don’t have to worry about ending up penniless if your bank goes under.   Savings Bank Vs Commercial Bank: Key Differences There are commercial ...

Read More »

GHANA’S ECONOMY VERY WELL THAN PRESIDENT AKUFO-ADDO – Dr Franklin Osei Akoto

Source : ghanapoliticsonline.com At the time I was criticising President John Mahama, I had no regrets criticising him,like I have no regrets no criticising the Akufo Addo administration, but I want to say emphatically that if you carry out comparative analysis between the Mahama administration and Akufo Addo’s administration, I would say President Mahama is far far mileage above this ...

Read More »

Thoughts in the midst of crisis: The recent merger, acquisition, and consolidation of banks in Ghana.

How do you spot a country with a banking crisis? Panic withdrawals and customer’s inability to access savings are two engrained symptoms. But the nadir can arguably be linked to bank failures or banking activities characterized by a full-blown crisis of confidence. With the above conditions being present, crisis, in our opinion, is a perfect description of the current state ...

Read More »