Author: Nerteley Nettey
-
Capital Bank collapse: Ato Essien willing to refund GHS27m to the state
Lawyers for the former Chief Executive Officer (CEO) of defunct Capital Bank, William Ato Essien, who is facing trial for the collapse of the financial institution, have indicated that their client is willing and ready to return about GHS 27 million to the state. Mr. Ato Essien has begun negotiations with the Attorney General to…
-
Capital Bank collapse: Ato Essien wants some charges dropped after paying GHS1.4m
The former Chief Executive Officer (CEO) of defunct Capital Bank, William Ato Essien, who is facing trial for the collapse of the financial institution, has begun negotiations with the Attorney General to have some of the charges brought against him dropped. His lawyers revealed that he has paid close to GHS1.4 million, and also given…
-
COPEC pushes for reduction in LPG price from Ghana Gas amid complaints by OMCs
The Chamber of Petroleum Consumers, COPEC, is calling on the Ministry of Energy to address some issues with Liquefied Petroleum Gas, LPG, supplied by the Ghana National Gas Company, which have contributed to the increase in the price of the product in some parts of the country. According to COPEC, LPG supplied by Ghana Gas…
-
My time with Tullow was short, but I made some key inputs – Kweku Awotwi
Outgoing Managing Director of Tullow Ghana and Executive Vice President of Tullow Oil plc, Kweku Awotwi, says although his time with the oil giant was relatively short compared to his previous roles in the mining and energy sectors, he has made some vital contribution to the organization. Mr. Awotwi, who’s due to retire in September…
-
ADB to support poultry farmers with GHS500m to reduce chicken import
As part of efforts to help strengthen Ghana’s livestock sector, the Agricultural Development Bank (ADB), has announced a 500 million cedis loan facility to help poultry farmers from six regions. The move, according to the bank, is aimed at reducing the importation of chicken and make Ghana’s poultry industry competitive. Currently, Ghana’s annual import of…
-
Money Wisdom Series: Reducing your money stress and taking control of your finances
The realization that you need to get more serious about saving for personal improvement, for emergency or for retirement or you are dealing with a troublesome interest rate on a loan, it’s important to recognize what’s causing your anxiety and stress. Write down your three biggest financial sources of stress so you know what you’re…
-
Yara Ghana donates GHS200,000 to COVID-19 National Trust Fund
Yara Ghana Limited, a leading name in the fertilizer industry in Ghana has made a donation of GHS 200,000 to the COVID-19 National Trust Fund as part of its support to the country in the fight against the COVID -19 pandemic. The West Africa Regional Director for Yara International, Mr. Danquah Addo-Yobo, made the presentation…
-
Producer Price Inflation for April increased slightly to 7.4% – GSS
New figures released by the Ghana Statistical Service, GSS, indicate that the Producer Price Inflation (PPI) for April 2020 increased to 7.4 percent. This indicates a 0.6% point higher than the rate recorded in March 2020 which stood at 6.8%. The Producer Price Index measures the average change over time in the prices received by…
-
Emmanuel Appiah-Kubi writes: The accountant driving a G-Wagon
It was a Friday night after work when I decided to hang out with a couple of friends at a favourite bar. After a couple of pints to catch up, we finally called it a night. As I was driving out, I was approached by a random lady who I guess was being friendly and…
-
Jaman North: Cashew prices drop as COVID-19 slows down export
The coronavirus pandemic has almost not spared any sector of the world’s economy. In Ghana, the agric sector has also been affected in one way or another. One crop that has been severely impacted is the cashew nut. Cashew is the country’s leading non-traditional export earner, generating 378 million dollars in 2018. The Jaman North…