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Author Archives: Mawuli Tsikata

Citi FM dissociates itself from false BoG new notes story

Governor of BoG

It has come to the attention of Citi 97.3 FM that, a story in circulation headlined ‘BoG to issue new GHC5, GHS30, GHS100, and GHS 200 notes on March 4”, has been sourced to citibusinessnews.com, and our Business Reporter, Lawrence Segbefia.   The Management of Citi FM would like to state categorically, that neither the reporter, Citi FM nor Citi ...

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BDCs debt payment plan with Govt in limbo?

Finance Minister, Mr. Seth Terkper

Fears of a likely collapse of a number of banks in the country have been reinforced following new revelations that government may not abide by the agreed payment plan to clear debts owed banks by Bulk Oil Distribution Companies (BDCs).   Government is currently indebted to about 17 Bulk Distribution Companies (BDC)s in excess of 500 million dollars.   Majority ...

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Ghana Business News