Ghana still a high risk of debt distress country - IMF/World Bank Report

Ghana still a high risk of debt distress country - IMF/World Bank Report

The World Bank and International Monetary Fund (IMF) have maintained Ghana as being high risk of debt distress despite recent debt management strategi...

Nduom's company drags Finance Ministry to court over GH¢20.7million debt

Nduom's company drags Finance Ministry to court over GH¢20.7million debt

Ghana Growth Fund Company Limited, a subsidiary of Group Nduom, has dragged the Ministry of Finance and five others to court over a GH¢20.7 million d...

Work to avoid another bailout - IMF tells government

Work to avoid another bailout - IMF tells government

The Resident Representative of the International Monetary Fund (IMF) in Ghana, Dr Albert Touna Mama, has advised the government to pay critical attent...

Gold Coast Fund to petition Economic Management Team for support to pay customers

Gold Coast Fund to petition Economic Management Team for support to pay customers

Gold Coast Fund Management company, a subsidiary of Groupe Nduom, is looking to petition the government’s economic management team, as it seeks fina...

Ghana Cedi records worst performance since 2015

Ghana Cedi records worst performance since 2015

The Ghana cedi has recorded its worst half-year performance since 2015 following a depreciation of 8.2%. This is according to data from the Bank of ...

Most rural banks are well capitalized—ARB Apex Bank MD

Most rural banks are well capitalized—ARB Apex Bank MD

The Managing Director of the ARB Apex Bank, Kojo Mattah has maintained that most of the rural and community banks operating in the country are well ca...

Court dismisses Receiver’s case against uniBank, orders parties back to arbitration

Court dismisses Receiver’s case against uniBank, orders parties back to arbitration

A High Court in Accra has dismissed a case brought before it against the shareholders of uniBank by the Receiver, Nii Amanor Dodoo. The presiding jud...

Nduom takes on government in court to retrieve GHS2.2 billion

Nduom takes on government in court to retrieve GHS2.2 billion

Ghana Growth Fund, a subsidiary of Groupe Ndoum, has commenced a number of legal suits against the Finance Ministry as well as other ministries, in a ...

Cedi records worst half year performance since 2015

Cedi records worst half year performance since 2015

The local currency has recorded its worst half-year performance since 2015, according to data from the Bank of Ghana interbank exchange market. As at...

ARB Apex Bank advises BoG against shutting rural banks

ARB Apex Bank advises BoG against shutting rural banks

Managing Director of ARB Apex Bank is urging the Bank of Ghana not to close down rural and community banks in the country because they play a major ro...