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Curated News for Investment Professionals in Ghana - August 15, 2018

REQUEST FOR PROPOSAL - Securities and Exchange Commission Ghana - SEC Ghana

REQUEST FOR PROPOSAL - Securities and Exchange Commission Ghana - SEC Ghana

Securities and Exchange Commission Ghana requests proposals for Consultancy Services for the Computerisation of the Commission. The deadline is today, August 15, 2018.

sec.gov.gh
Banking crisis: BoG’s roadmap for clearing UT, Capital bank mess

Banking crisis: BoG’s roadmap for clearing UT, Capital bank mess

The Bank of Ghana announced the collapse of two local banks – UT and Capital banks – a year ago because they were “deeply insolvent.” BoG, however, allowed the GCB bank to acquire the banks and issued

citinewsroom.com
Sahel Sahara Merges With Omni Bank

Sahel Sahara Merges With Omni Bank

Sahel Sahara Bank and Omni Bank have agreed to merge. This follows Sahel Sahara Bank’s decision to exit an earlier merger deal with GN and Premium banks.

peacefmonline.com
Banking rot: A Senior Economist’s 2017 memo provides key insights

Banking rot: A Senior Economist’s 2017 memo provides key insights

Habibu Adam's memo in August 2017 sheds light on critical issues in the banking sector following the collapse of UT Bank and Capital Bank.

myjoyonline.com
Corporate Governance - Business Live on JoyNews (14-8-18)

Corporate Governance - Business Live on JoyNews (14-8-18)

Corporate governance expert calls for corporate governance code for Ghana in the wake of the banking sector crises which has led to the collapse of a number of banks. Start watching from the 13th minute.

youtube.com
Ofori-Atta hints of action against those behind banks' collapse

Ofori-Atta hints of action against those behind banks' collapse

Finance Minister, Ken Ofori-Atta has said government will ensure persons involved in the collapse of some banks in the country face the law.

citinewsroom.com
President inauguates first company under IDIF - banks pledge GH¢2.5bn, $700m

President inauguates first company under IDIF - banks pledge GH¢2.5bn, $700m

The One-district, One-factory (1D,1F) initiative has received massive financial support from both local and international financial institutions.

graphic.com.gh
Menzgold boss retreats; apologises for mocking BoG

Menzgold boss retreats; apologises for mocking BoG

The Chief Executive Officer Menzgold Ghana Company Limited, Nana Appiah Mensah has apologised to the Bank of Ghana (BoG) for mocking its warning to the company over perceived unlawful operations. In a

citinewsroom.com
Menzgold collaborating with government institutions - Management

Menzgold collaborating with government institutions - Management

The management of gold trading firm, Menzgold Ghana Limited has disclosed that it is in consultation with all the relevant government institutions regarding its business operations.

graphic.com.gh
Ghana adds 700,000 people to its population each year

Ghana adds 700,000 people to its population each year

Ghana adds 700,000 people to its population each year

graphic.com.gh
17th Club 100  awards launched

17th Club 100 awards launched

THE 17th edition of the Ghana Club 100 has been launched in Accra with a pledge by the Ghana Investment Promotion Centre (GIPC) to use the platform to attract more Foreign Direct Investments (FDIs) in

graphic.com.gh
StanChart, Prudential Life sign bancassurance pact

StanChart, Prudential Life sign bancassurance pact

Standard Chartered Bank has partnered with Prudential Life Insurance Company in a deal that allows the bank to sell life insurance products to customers of both institutions in the country.

graphic.com.gh
Shareholders, ex-directors of UT and 2 others banned from financial market

Shareholders, ex-directors of UT and 2 others banned from financial market

Shareholders and ex-directors of three defunct banks – UT, Capital and Sovereign banks have been banned from Ghana’s financial market with immediate effect. The embargo is expected to last for a perio

citinewsroom.com
Consolidated Bank: Director for Construction bank wraps up work - Citi Business News

Consolidated Bank: Director for Construction bank wraps up work - Citi Business News

One of the Directors under the newly Consolidated bank in charge of the erstwhile Construction Bank, Abenaa Kesewaa Brown is hopeful of completing her work by next month [September].

citibusinessnews.com
Registered Business Addresses for Licensed Banks

Registered Business Addresses for Licensed Banks

Bank of Ghana has an updated list of registered business addresses for all the banks in Ghana at the beginning of August 2018

bog.gov.gh
Draft Guideline on REITS - Securities and Exchange Commission Ghana - SEC Ghana

Draft Guideline on REITS - Securities and Exchange Commission Ghana - SEC Ghana

Draft Guidelines on REITS for review by the market. Draft Guideline on

sec.gov.gh