Source: Class FM All the 200-plus Nigerian shops that were forcefully closed by the Aboosey Kai Spare Parts Dealers Association in Accra, will be reopened by the end of day Thursday, 30 July 2020, Dr Joseph Obeng, the President of the Ghana Union Traders Association (GUTA) has told Class91.3FM’s Kofi Oppong […]
Business
GN Bank is not a Ponzi Scheme – Management
Source: Pulse Ghana The managers of GN Bank have rubbished claims by Finance Minister Ken Ofori-Atta that it was operating a Ponzi Scheme alongside other collapsed banks in the country. Mr. Ofori-Atta in a recent media interview described most of the collapsed banks as Ponzi Schemes, which has incurred the wrath of GN […]
Court dismisses BoG’s application against defunct Capital Bank’s Ato Essien
Source: Class FM The Commercial Division of the Accra High Court has given the greenlight for the founder of defunct Capital Bank, William Ato Essien, to challenge the Bank of Ghana’s revocation of the bank’s operating licence. That was after the court dismissed an application by the BoG which was urging […]
Bantamahene’s stores at Race Course demolished after Otumfuo’s anger, river god returns
Source: My News GH Construction workers and traders at the Race Course Market in Kumasi got the shock of their lives after a stray giant crocodile emerged from the swamp of the Subin River on Thursday, July 23, 2020. Unknown to the traders, the reptile was taking cover outside its habitat […]
TC’s Energy and Power China sign financing agreement to revive Ada Foah Wave Energy Project
Source: GNA TC’s Energy USA and its partners, Power China Huadong Engineering Corporation Ltd and Seabased of Sweden, have signed a major agreement to finance and revive the Ada Foah Energy Project, which has stalled for years. TC’s Energy Ghana, a wholly Ghanaian owned company is the local counterpart to the […]