Thursday, February 21, 2019

SG completes rights issue; increases stated capital

Societe Generale Ghana has increased its stated capital to GH¢404, 245,426.72 via a Bonus Issue of GH¢ 97,000,000.00 and a Rights Issue of GH¢168, 942,501.90, thus meeting the Bank of Ghana’s Directive issued in...

Recapitalized Banks face GHC9.2m Invoice from GDPC– but who really pays?

Governor Ernest Addison lived up to his speech at the Annual Dinner of the Chartered Institute of Bankers, Ghana on 2nd December 2017. The sector reform laced speech projected 2018 as a busy year...

Fuel prices to go up – IES

Fuel prices will rise “substantially at the pump” in February, the Institute of Energy Security (IES) is forecasting. The IES said a liter of fuel could go beyond Ghc5 due to increment in crude oil...

JKAT advocates strict compliance to ensure safety in oil transport

Oil transport operators have been encouraged to strictly enforce safety procedures at the workplace to enable standards in the industry to be maintained. Chief Executive of J.K. Ahiadome Transport Company (JKAT) told the news team,...

Planting for Food and Jobs revolutionizes Ghana’s agriculture

Africa’s smallholder farmers are the vital link to the realization of the continent’s agricultural transformation, with agribusinesses sparking off job-creation and economic advancement. Sustaining and scaling progress in the sector requires investments beyond money...

Guinness Ghana appoints new legal director

Ghana’s leading total beverage company Guinness Ghana Breweries PLC has appointed a new Legal Director, Suzannè Butah. Suzannè is an experienced dual England and Ghana qualified commercial lawyer, born and raised in Accra. She received...

Unlocking the value chain: Private sector lends momentum to PFJ

The predominant business in rural areas is farming.  In Africa, although they hold the key to ending poverty and hunger, the majority of smallholder farmers are themselves poor. Africa’s poverty reduction and food security efforts...

Heritage Bank receives PECB approval despite licence withdrawal

World-renowned Canada-based certification body, PECB, located in Montréal, has issued a management system certificate to Heritage Bank Limited (HBL) of Ghana, despite the revocation of its licence recently by the Bank of Ghana.PECB, which...

Bayport Outdoors Winners of 2nd Bayport Save a Life Campaign

The 2nd Bayport Save a Life Campaign was crowned with an awards ceremony on Wednesday, 30th January 2019, where the ultimate winner, Alex Osei Afrifa, won a fridge and shopping vouchers, 1st Runner-up, Dompreh...

HFC, five others back out of fund management

Six financial institutions engaged in fund management in the capital market have voluntarily requested to cease operations, Starrfmonline.com has gathered. They are; HFC Capital Partners Limited, Attai Capital Limited, Serengeti Capital Limited, Indigo Investment Management...

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