Business News

Business News

Ghana runs to IMF for bailout 

President Akufo-Addo announced in a statement that he had given the go-ahead for Finance Minister Ken Ofori-Atta to begin formal negotiations with the IMF, urging the Fund to assist an economic plan developed by the Government of Ghana. According to the statement, this came after the President and Miss Kristalina […]

Business News

Ghana International Bank fined £5.8 million by UK regulator

The regulator of financial services firms and financial markets in the UK, the Financial Conduct Authority (FCA) has fined the Ghana International Bank (GIB) £5.8 million pounds for breaching anti-money laundering and counter-terrorist financing controls.The FCA in a decision notice today said the GIB failed to establish and maintain appropriate […]