Kumasi Kejetia: Traders with allocation papers inspect newly-constructed shops
A fact-finding exercise to allow traders who had received their allocation papers to confirm details on their shops at the newly-constructed Kejetia market has been organized in Kumasi. The programme held jointly under the auspices of the Kumasi Metropolitan Assembly (KMA) and Kumasi City Markets Limited, managers of the ultra-modern facility, was to ascertain the […]
Kejetia Market: Cheapest stall GHS7.8K; most expensive GHS41K
The Kumasi Metropolitan Assembly (KMA) has urged the general public to disregard what it describes as the “falsehood” being propagated by some communicators of the National Democratic Congress (NDC) to the effect that stalls at the newly-constructed Kejetia Market are being allocated to only loyalists and supporters of the governing New Patriotic Party (NPP) through […]
IMF Boss Lagarde Announces Resignation
Christine Lagarde will resign from the International Monetary Fund on September 12 as she awaits final word on her nomination to the presidency of the European Central Bank, she announced Tuesday. Her departure allows the IMF board to begin the search for her replacement. “With greater clarity now on the process for my nomination as […]
West African Nations Adopt ECO As ‘Single Currency’
Beginning in January 2020, countries within the West African sub-region will be able to use a single currency called ECO. The currency was adopted by the Authority of ECOWAS Heads of State and Government on Saturday in Nigeria’s capital Abuja. The West African leaders endorsed the currency at their 55th Ordinary Session and approved a road map […]
Zimbabwe Central Bank Abolishes Use of Foreign Currencies
Zimbabwe has brought back its own currency, the Zimbabwe dollar, just over a decade after its usefulness was destroyed by hyperinflation. The central bank said that effective immediately, currencies including the U.S. dollar and the South African rand, in use since 2009, will no longer be accepted as legal tender. A local quasi currency known […]
See full list: BoG shuts down over 300 microfinance companies
The Bank of Ghana (BoG) has revoked the operating licenses of over 300 microfinance institutions. A statement from the BoG says 192 of the companies that had their licenses revoked were insolvent and another 155 were revoked because they have ceased operations. These actions were taken pursuant to section 123 (1) of the Banks and Specialised […]
Kejetia Market: Traders to pay between GHC7k and GH¢40k premium for five years
Trader who wants to own a lockable shop at the newly developed Kejetia Market has to pay a whooping minimum amount of GH¢ 7,300 for a 2.25 square meters and a maximum of GH¢40,000 for a 12 square meters, as a premium for five years. This was made known to the traders by the chairman […]
Bank of Ghana explains why GHS2, GHS5 aren’t upgraded
The Bank of Ghana has explained that the GHS2 and GHS5 notes are not part of the upgraded currencies introduced into circulation on Monday, May 6, 2019 because they are “standalone commemorative banknotes”.“In line with international best practice, commemorative banknotes are not subject to upgrades,” the Bank of Ghana said in a statement issued Tuesday […]
MSNBC finishes first in primetime basic cable for first time ever
Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet ut et voluptates.
6 Stunning new co-working spaces around the globe
Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui.
