Category Archives: BUSINESS

Only 10% of Sector Assets were Owned by Collapsed Banks-Dr. Assibey-Yeboah

Chairman of the Finance Committee of Parliament, Hon. Dr. Mark Assibey-Yeboah, has indicated that the country’s banking sector is safe for more investments despite the recent banking crisis, leading to the collapse of seven indigenous banks. He pointed out that the banking sector remains vibrant as the assets of the collapsed banks formed less than 10% of the sector’s total

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Dr. Mark Assibey-Yeboah, Others Inaugurated as New Board for ADB

The Chairman of the Finance Committee of Parliament and Member for New Juaben South Constituency, Hon. Dr. Mark Assibey-Yeboah, amongst Six (6) other members have officially been sworn in as New Board for the Agricultural Development Bank (ADB). The Bank of Ghana annulled the shares of four institutional shareholders in the bank last month, causing the number of directors to reduce

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The 2016 A-G’s Report; The Role of PAC in the Outcome of a 5-Day Hearing

The Public Accounts Committee is one of the Standing Committees in Parliament with a total membership of twenty-five Members of Parliament. Leadership The committee is led by a Chairman, a Vice Chairman, a Ranking Member and a Deputy Ranking Member. Chairman of the committee, Hon. James Klutse Avedzi, is the Member of Parliament for Ketu North. Hon. Edward Kaale-Ewola Dery

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Improving Sanitation in Accra; Jekora Procures New Compactor Trucks to Service Over 3000 Households

Jekora Ventures Limited, a Waste Management Company based in Accra, has procured two new  garbage compactor trucks to improve waste collection  in the Osu Klotey sub metro of the Accra Metropolitan Assembly as parts of efforts to keep Accra Clean. The double axial trucks has a capacity on compacted volume of 20 cubic metres which translates into servicing 3000 households within

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Ghanaians Must Know Why The 7 Banks Collapsed- Finance Committee

Following the the collapse of seven private banks between the period of last year and this year, the Finance Committee of Parliament has decided to hold a hearing on the reasons for the collapse of the banks. Chairman of the Finance Committee and Member for New Juaben South Constituency, Hon.Dr. Mark Assibey Yeboah, has explained that the committee is interested

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Court grants bail to 11 ‘Accused Persons’ in Universal Merchant Bank theft

Eleven Accused persons who have been arraigned before court for stealing Gh¢326,120,000.00 from the Universal Merchant Bank have been granted bail. The Accused persons, James Akwesi Kwarteng, Paa Kwesi Addo-Kehn, Joseph Kwesi Owusu, Ernest Acheampong, Wormenor Philip, Stephen Kofi Tampuri, Michael Nana Yaw Adumako- Kuffuor, Chief Kingsley Chidebere, Goodluck Otadu, Rahman, and William Selassie Ettoh, have each been granted bail

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Persons found culpable in the Collapse of 7 Banks will face rigors of the Law-BoG

The Bank of Ghana has indicated in a press statement that persons whose actions contributed to the recent collapse of seven banks, will be made to face the full rigours of the law. According to the statement, the Bank of Ghana has recently established a new office called the Office of Ethics and Internal Investigations to strengthen good governance within

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