Majority of S&L customers yet to receive locked-up funds

Majority of customers of the several defunct savings and loans companies have not received their deposits almost six months after the Bank of Ghana revoked their licences. According to the Executive Secretary to the Ghana Association of Savings and Loans

January 28, 2020

CIRCULAR ON APPOINTMENT OF FUND MANAGERS FOR CIS

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January 27, 2020

Producer Price Inflation hits 13 percent for December 2019

Inflation from the producer perspective inched up as the Producer Price Inflation (PPI) for December last year was 13%, the Ghana Statistical Service (GSS) has announced. This rate is 3.1 percentage points higher than the rate recorded in November 2019,

January 23, 2020

Inflation jumps from 7.7% to 8.2%

Inflation shot up by 0.5 per cent in the month of November to reach 8.2 per cent, the highest since the rebased Consumer Price Index three months ago. According to the Ghana Statistical Service, Alcoholic Beverages, Tobacco & Narcotics (13.4%)

December 11, 2019

List of Fund Managers remaining after SEC mass license revocation

The Securities and Exchange Commission last Friday revoked the licenses of 53 fund management companies citing several regulatory breaches. A press release issued by SEC said the companies among other things failed to honour clients’ redemption requests, placed funds in

November 11, 2019

Pensioners demand 20% increment

Pensioners of the Migrants and Labour General Workers Union say the latest increment in utility tariffs gives cause to their call for a 20% increase of their pensions. The union is also asking government to provide decent jobs for pensioners

October 3, 2019