Business

The ongoing strike by the LPG operators in the country has left some drivers and consumers no choice but to travel long district in search of gas for domestic and commercial activities in the country.  Otec News reporters Kwame Agyenim Boateng and Yvonne Osei after...

The Bank of Ghana has urged rural banks and Microfinance agencies to meet their revised minimum capital requirement by February 2020 or be sanctioned. In a statement the Central bank called on shareholders of the institutions to be guided by the directive and act...

President Akufo-Addo has charged regulatory agencies in Ghana to be up and doing in the discharge of their duties in order to safeguard the activities of the private sector. Addressing the opening ceremony of the National Conference on the...

The Chief Executive Officer of Menzgold Ghana Limited, Nana Appiah Mensah (NAM1), has assured his over 16,000 customers that his firm will pay all their locked-up investments at the least opportunity. Addressing the press for the first time on Monday, 19 August 2019, NAM1...

The Chief Executive Officer of Menzgold Ghana Limited, Nana Appiah Mensah, has asked the Attorney General’s Department to help him retrieve a $39million debt owed his firm by Horizon Royal Diamond in Dubai. According to him, retrieving the amount...

Below are the Savings and Loans companies that are currently in good standing, according to the Bank of Ghana (BoG): ABii National Savings and Loans Ltd Adehyeman Savings and Loans Company Ltd. Advans Ghana Savings and Loans Ltd.

Bank of Ghana has closed down 23 Savings and Loans companies, otecfmghana.com can reveal. Documents available to otecfmghana.com contain some heavy weights in the savings and loans sector such as Midland, Ideal, uniCredit and Global Access whose licenses...

The Vice President Dr Mahamudu Bawumia has commissioned Ghana’s largest fertilizer factory at Asuboi in the Ayensuano District of the Eastern region. With a production capacity of over 800,000 metric tonnes per year, the Glofert Fertilizer Factory, a wholly owned Ghanaian company built under...

Government has released some 3.1billion cedis, which was kept into the Pensions Trust Fund Account into the custodian accounts of the various public and private sector pension schemes. Minister for Employment and Labour Relations Ignatius Baffour-Awuah who disclosed this at the Meet the Press...

Residents of Ahinsan and Atonsu-Agogo in the Asokwa municipality of the Ashanti region are bemoaning of the collapse of their businesses in the communities due to the heavy vehicular traffic congestions on the Ahinsan-Atonsu-Agogo road. The residents say the nature of the road;...