Business

Banks and financial institutions affected by the 2.5 billion dollars Energy sector debt are agitating over the delay in issuing the bond to clear the debt. Government assured the financial institutions affected that it will raise the funds through lead arrangers, Fidelity Bank and Standard Chartered Bank in September 2017 …

Izwe Loans, a non-bank financial institution targeting both the formal and informal sectors, was adjudged the Finance House of the year 2016 at the 28th National Marketing Performance Award organized by the Chartered Institute of Marketing Ghana (CIMG). This year’s award was under the theme “Cause Related Marketing: Panacea for …

Over 700 former workers of the now defunct UT and Capital banks are set to lose their jobs as the takeover bank GCB has begun issuing out termination letters. The affected staff have already received letters asking them to proceed home. Starr News understands GCB is only retaining clerical and …

The Africa -America Institute (AAI) has awarded the Co- Founder and Chairman of Zenith Bank Mr. Jim Ovia with the esteemed 2017 Business Leader Award. The award was conferred on him on Tuesday September 19, 2017 in New York, USA at the institute’s 33rd Annual Awards Gala. Receiving the award …

A couple of weeks ago, Capital Bank and UT Bank were taken over by GCB Bank Ltd. Just when we thought all was said and done, new information reveals NIB may soon be taken over by GCB Bank also. According to the news as reported by the Daily Graphic, GCB Bank Limited …

Glo Ghana has launched four new customer-centric products, using the occasion to introduce its new Head of Business (HOB) for Ghana, Roland Odolokor. Odolokor has been in Ghana for the past three years as Head of Retail Sales but will now serve the telco as the seventh HOB for Glo …

Founder of Celltel Limited, now Kasapa Telecom Limited, Prince Kofi Kludjeson, has said he is in the process of taking over the dying company, rebranding it to Celltel and reviving it to take its place of pride in Ghana’s telecom industry. He was speaking on KofiTV, following a report by …

International Central Gospel Church (ICGC) Pastor, Mensa Otabil has noted he had quite a turbulent week, after the collapse of Capital Bank, of which he served as Board Chairman. During his sermon on peace today [Sunday] he recounted that “Monday was a fortunately good day for me. I was fine …

President Nana Akufo-Addo has charged the Bank of Ghana to address the weaknesses in the banking sector. According to him, such moves will prevent any adverse spillover effect on the economy. Speaking at the 60th anniversary lecture organized by the Bank of Ghana in Accra on Friday, Akufo-Addo said: “a weak …

The Ghana Investment Promotion Centre (GIPC) hosted business leaders to its ‘Ghana on The Go CEO’s Breakfast Meeting’ series at the Mövenpick Ambassador Hotel in Accra, on 3rd August, 2017. This edition of the quarterly event was titled, ‘Policy Update: Ghana’s Tax Exemption Regime’ and convened to update the business and …