The Bank of Ghana (BoG) has fined the Barclays Bank of Ghana an amount of GH₵4,579,256.32 for making frivolous quotes on Ghana’s Interbank Foreign Exchange Market. The action of Barclays Bank, according to the Central Bank, is in breach of the Ghana Interbank Forex Market Conduct Rules. A statement dated Monday, June 3, 2019, and […]
French multinational automobile manufacturer, Renault, is considering the establishment of an automobile assembly plant in Ghana, following in the footsteps of Volkswagen, Nissan and Sinotruk that will, this year, establish assembly plants in Ghana. Vice President and Chairman of the Africa-Middle-East-India (AMI) Region at Renault, Fabrice Cambolive, made this known on Monday, 28th January, 2019, […]
The embattled CEO of gold dealership firm, Menzgold, Nana Appiah Mensah, aka NAM 1, is set to be trialed in the United Arab Emirates on February 2, 2019 to be determine whether he will be imprisoned or released to the Government of Ghana. NAM 1 is currently being investigated by the Ghana Police Service and […]
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Tuesday, 5th November, 2018, launched the Ghana Commodity Exchange, a platform for buying and selling listed agricultural commodities. Speaking at the event, President Akufo-Addo noted that the Ghana Commodity Exchange, the first in West Africa, is going to be one of the key drivers of […]
Ghana has signed a Memorandum of Understanding with Nissan Group of Africa for the establishment of an automotive manufacturing industry in Ghana, which will make Ghana the hub for sales and marketing of Nissan in West Africa. This was announced on Tuesday, 6th November, 2018, when the Managing Director of Nissan Group of Africa, Mike […]
