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New GH¢5 denomination to be in circulation from March 4

Source: Myjoyonline.com The Bank of Ghana (BoG) is planning to put into circulation the new GHC5 notes from March 4. The notes which are being issued in line with the Bank of Ghana’s 60th Anniversary will circulate alongside the current notes in the system. The GH¢5 cedi denomination will be a legal tender as well as a collector’s item. The ...

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Trump pushes drugmakers for lower prices, more U.S. production leftright

Source: reuters.com U.S. President Donald Trump in a meeting on Tuesday with pharmaceutical executives called on them to manufacture more of their drugs in the United States and cut prices, while vowing to speed approval of new medicines and ease regulation. Trump told them the government was paying “astronomical” prices for medicines in its health programs for older, disabled and ...

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We’re not issuing GH¢30, GH¢100 and GH¢200 notes – BoG

The Bank of Ghana has rubbished reports going viral on social media that it is issuing new denominations of GH¢30, GH¢100 and GH¢200 respectively. In a statement Thursday, the Central Bank also called on the general public to disregard the reports stating that they are malicious. “The attention of the Bank of Ghana has been drawn to stories circulating on ...

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Ghana’s public debt hits GH¢119.9 billion

Latest figures from the Bank of Ghana indicate that Ghana’s public debt has hit a high turnover of 119.9 billion Ghana cedis at the end of November representing 71.9 percent. The figures show that the public debt rose by five billion Ghana cedis in one month, from October to November, 2016. These are latest debt figures of the country as ...

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Ghana Wealth Report: The 80 Richest People in Ghana & How They Contribute to GDP

Source:https://goodmanamc.blogspot.com The Ghana Wealth Report for 2015 was released by Goodman AMC. The report is based on a comprehensive study of more than 100 successful entrepreneurs and investors in Ghana as well as how and what they invest in. This report makes known of fascinating insights about the profiles and net worth of the 80 richest people in Ghana and ...

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Quantum Global acquires Mövenpick Ambassador Hotel

Source: 3news.com QG Africa Hotel LP, a Mauritius based investment fund managed by Quantum Global Investments Africa Management Ltd., today announced the acquisition of the Mövenpick Ambassador Hotel Accra from Kingdom Holding Company (KHC). The transaction which closed on 28 December 2016 marks the most sizable open-market hotel transaction in sub-Saharan Africa to date. Complementing Quantum Global’s already significant African ...

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Change of gov’t will not affect your payment – GETFund assures contractors

Source: GhanaWeb Aggrieved GETFund contractors who are yet to receive payment for work done for several months now have been assured of government’s resolve to settle the claims. Deputy Administrator of the Ghana Education Trust Fund, Stephen Baffoe, made the pledge when the contractors marched to the GETFund offices to demand payment for work done. According to him, the incoming ...

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Profile Of Dr. Ernest Ofori Sarpong (C.E.O, Special Ice Ltd)

Source: Fila360.com Dr. Ernest Ofori Sarpong is an astute businessman of many years’ experience. Born some 48 years ago and a proud product of Presbyterian Boys Secondary School (Presec) , has an amazing business career in the small and medium scale industry and an up and coming industrialist. In the 1990’s he formed the SARPONG VENTURES LTD, an import and ...

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