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UniBank secures over GH¢700m investment to shore-up capital

UniBank has secured over GH¢600million of fresh capital injection to position itself as one of the earliest banks to meet the central bank’s increased stated capital requirement, a source close to the deal has told B&FT. In a move that is expected to repose some much-needed confidence in local banks, …

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UniBank secures over GH¢700m investment to shore-up capital

UniBank has secured over GH¢600million of fresh capital injection to position itself as one of the earliest banks to meet the central bank’s increased stated capital requirement, a source close to the deal has told B&FT. In a move that is expected to repose some much-needed confidence in local banks, …

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Goldfields to sack 1,500 staff

Mining firm Goldfields is to lay off about 1,500 workers in line with the change in the module of its business. The workers are agitating over the move and are threatening a showdown with management in the coming days. The workers are likely to receive their termination letters December 13, …

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Ghana loses over $180m to trade misinvoicing – Report

A 2017 report by Global Financial Integrity has revealed that Ghana loses over $180 million due to Illicit Financial Flows(IFFs) specifically trade misinvoicing. Trade misinvoicing is a method for moving money illicitly across borders by deliberately misreporting the value of a commercial transaction on an invoice submitted to customs. According …

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Africa must implement SDGs with urgency – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo wants African leaders to pursue the implementation of the UN Sustainable Development Goals (SDGs) with high sense of urgency. He noted it has become imperative to see the Goals materialized due to the deficit in human development on the African continent, the high levels of …

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AirtelTigo launches Season of Delights

Newly merged telecom brand, AirtelTigo, has launched a series of delights for its combined customers for the festive season. Starting December 6, 2017, customers of AirtelTigo will receive a new exciting delight every week, ranging from free calls within the AirtelTigo network every day and other exciting offers. “As a …

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I haven’t resigned – 2nd Dep. BoG Governor

The Second Deputy Governor of the Bank of Ghana, Dr Johnson Asiama, has denied media reports that he has resigned from the post. Media reports are rife that Dr. Asiama who was appointed into office during the tenure of former President John Mahama has taken his accumulated leave and will …

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Emirates appoints new Ghana country manager

Cathy Wesley – Emirates boss effective January 2018 Emirates has announced the appointment of a new Country Manager for Ghana, Ms Cathy Wesley. Her appointment takes effect from 1st January, 2018. In her new position, Ms Wesley will be responsible for the smooth running of Emirates’ business in Ghana, overseeing …

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Darlington Munhuwani appointed CEO of Allianz Ghana

Insurance firm, Allianz Ghana has announced that Darlington Munhuwani will on December 1, 2017 assume the role of CEO of the company, responsible for non-life insurance. He succeeds Patrick Prado who is taking on a new role as CEO of Allianz Ghana Life Insurance, which will be kicking off shortly …

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uniBank voted 6th Most Prestigious Company in Ghana

One of the most alluring brands and leading indigenous enterprise, uniBank (Ghana) Limited has been voted as the 6th best performing company in Ghana at the 16th edition of the Ghana Club 100 awards. The surging financial performance of uniBank in maintaining best practices enabled the bank to maintain an …

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