By:brightwebtv.com/Martin Agyapong The rate at which beggars and people living on the streets of one of the most popular and busiest place in Ghana has brought a whole lot of issues to everyone.   It is known all over the nation that there are beggars everywhere but it cannot …

By;brightwebtv.com/bright agyapong The Ashanti Regional Coordinating Council (ARCC) has given an 11-day ultimatum to all traders and hawkers selling at unauthorised areas around the Kumasi Kejetia Central Market Redevelopment project and the Central Business District (CBD) of Kumasi, to vacate the area.   Addressing a press conference on Wednesday, 30 …

  By:brightwebtv.com/Martin Awuku Scores of customers of GN Savings and Loans, which was until recently a licensed commercial bank, today, Wednesday, gathered at the company’s head office in frustration, to demand their investments. According to them, the entity, which attained its Savings and Loans status in January 2019, following a …

By:brightwebtv/bright Agyapong The Railway Company has started a two-week free ride for passengers along the Accra-Tema railway line to test-run its operations.   The Minister for Railways, Joe Ghartey was joined by hundreds including the Minister of Information, Kwadwo Oppong Nkrumah, the MD of the Ghana Railway Company Limited, John …

By brightwebtv/bright Agyapong The Ministry of Railways Development in collaboration with the Ghana Railway Company Limited has announced the schedule for the Accra-Tema Train Service which was launched Tuesday, January 29 in Accra.   The shuttle has a diesel multiple unit (DMU) train which seats 360 persons with ample room for tens …

By Martin Awuku 23 January Price of some basic commodities, including bread, sugar, fire woods have gone up this week in Kumasi, marginally raising the cost of living for urban households.   Figures giving out by some bread bakers in Kumasi show slim increases in the cost of the family …

  By Bright Agyapong. 23 January Coffin makers in Kumasi in the Ashanti Region say they are gradually being pushed out of business by some Burkinabes.   According to them access to wood for producing coffins are increasingly becoming a challenge as the Burkinabes have been paying wood processors in …

  By Nana Asare Barimah Ghanaian workers employed at the Ghana Household Utilities Manufacturing Company Limited (GHUMCO) in Takoradi are being forced to apologize to dogs belonging to their Chinese national factory manager, whose name was only given as Mr Zhu.   The workers recount how most of them have …

By Nana Asare Barimah The Agricultural Development Bank (ADB) and the National Investment Bank (NIB) are both collapsing because they have no solvency according to the Member of Parliament (MP) for Bolgatanga Central, Hon Isaac Adongo yet government wants to gamble pension funds on them, MyNewsGh.com has filed. According to …

  By Nana Asare Barimah Popular Kumasi-based prophetess Josephine has revealed God directed her to invest her cash with Menzgold, but in the revelation, there was no indication Menzgold will collapse., The prophesies joins other prominent persons whose investments have been locked up at troubled company Menzgold and are beginning …

All deposits and loan portfolio of Bank of Baroda have been handed over to Stanbic bank effective yesterday[January 1, 2019]. The move follows an assumption between the two banks. A statement from Bank of Baroda to Citi Business News dismissed reports of a takeover indicating that it is rather voluntarily …

Some stakeholders in the banking sector are expecting the Bank of Ghana to announce the list of banks that have met the minimum capital requirement to end speculations in the sector. At the last press conference for 2018 to announce the policy rate, the governor of the Bank of Ghana, …

The Ghana Revenue Authority (GRA) has been directed to suspend the implementation of the Uni-Pass port clearing system, which was initially scheduled to start on January 1, 2019, due to various legal, operational and policy issues. The directive, contained in a Decision Note of the Economic Management Team headed by …

The government has justified its decision to back financial support arrangements that would raise the minimum capital requirement levels of seven local banks. Last year, the Bank of Ghana raised the minimum capital requirement of commercial banks from GH¢120 million to GH¢400 million and set a December 31, 2018 deadline. …

Adum Branch Manager of Zenith Bank in Kumasi, Mr. Samuel Duncan has advised young professionals to utilise their contacts effectively. According to Mr. Duncan, that is one of the effective ways of sustaining a career. Mr. Duncan was speaking during a workshop Career Day organised by No Business As Usuals. …