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F.A.Q. on Stimulus Checks, Unemployment and the Coronavirus Plan…Almost everyone Qualifies To Get One!!!!!

The original article appear here. Go there for details. Most adults will get $1,200, although some would get less. For every qualifying child age 16 or under, the payment will be an additional $500. How many payments will there be? Just one. Future bills could order up additional payments, though. How do I know if I will get the full ...

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Trade Minister tours VW assembling plant

Source: classfmonline.com The Minister of Trade and Industry, Alan Kyeremanten has visited the assembling plant of Volkswagen (VW) at North Industrial Area in Accra, to have first hand insight regarding the ongoing work of the automobile giant. All things being equal, VW will officially launch its assembly plant next month. Accompanied by some officials of the Trade Ministry, Mr. Kyeremanten ...

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How Ghanaian CEO built a million-dollar tech

The idea of running a business had always enthused Nana Osei Kwasi Afrifa since University days. His frenetic interest for business was fuelled by a strong will to be self-reliant and the desire to create great products that people are willing to pay for. Now, he is the Chief Executive Officer (CEO) and founder of Vokacom – a company with ...

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UT Bank Collpase: Amoabeng granted GHC110m bail

Source: classfmonline.com The former CEO of UT Bank and Chairman of UT Group of Companies, Mr Prince Kofi Amoabeng, has been granted a GHS110-million bail with two sureties by an Accra High Court. Mr Amoabeng was arrested on Tuesday, 14 January 2020 at his office and immediately arraigned. His arrest is believed to be in connection with the collapse of ...

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How Finance Ministry ordered SEC to revoke licenses of Gold Coast Fund Management, others

Source: mynewsgh.com MyNewsGh.com has intercepted a confidential document in which the Finance Minister Ken Ofori-Atta ordered for the revocation of the license of specific Fund Management Companies including Gold Coast. The May 2019 memo shows not only that the Finance Ministry was behind the closure of Gold Coast Fund Management but also that the revocation of the licenses was done ...

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Greater Accra is most expensive region in Ghana, Ashanti among the cheapest – GSS

An analysis of the Ghana Statistical Service’s data on inflation for 2019 shows that Greater Accra was the most expensive region for consumers over the past 12 months. The country’s statistical agency which collects data on the changes in prices of food and non-food items on Wednesday, released its December 2019 data which showed that inflation in Greater Accra stood ...

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5 mind-boggling equipment at the Kantanka exhibition

The 39th edition of the Kristo Asafo Mission of Ghana’s annual Technology and Agricultural Exhibition came off in Accra on Sunday, December 29, 2019. The exhibition saw an outdoor of an aeroplane-like vehicle by the Kantanka Technological Centre of Excellence (KTCE). The car-plane was the flagship invention or product showcased on the day, but there was also an exhibition of ...

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Notable collapse in the financial sector in 2019

The financial sector experienced a shakeup few months into the year when the Central Bank, Bank of Ghana, revoked the licenses of over 300 microfinance companies and microcredit or money lending companies on Friday, May 31, 2019. According to the BoG, 192 of the microfinance companies were insolvent with another 155 ceasing operation even before the action of the regulator. ...

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