The Takoradi Technical University (TTU) is ruing over a GH¢4.5million investment it made in Brooks Financial Services. The University it has emerged is unable to recoup the said investment due to the demise of the […]
Awhile ago, CNN reported about a Susu club—an old African savings system—that is helping women in rural Senegal generate capital for businesses and finance for their family needs. It also highlights how a private loan provider use […]
Customers of the defunct DKM Microfinance Limited have confirmed claims by the government that they have been paid a chunk of their investments that got locked up in the financial institution.Alexander Obeng, Spokesperson for the […]
The Mastercard Foundation has announced a new fund that will enable young African changemakers to seed and kick-start promising social ventures and community projects, creating economic opportunities for themselves and others. The Mastercard Foundation is […]
The Directors of Dancom Microfinance Ltd have been arrested and are being prosecuted for engaging in deposit-taking activities without licence contrary to section 6 (1) of the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act […]
The embattled company has issued a statement assuring the general public of the current happenings. See full statement below. FOR IMMEDIATE RELEASE 12th September 2018 MENZOLD IS OPEN FOR BUSINESS The Management of Menzgold Ghana […]
The companies which defrauded 200 people in the Volta Region, were not microfinance companies, the Bank of Ghana (BoG), has stated. It said the companies were rather network marketing companies which promised to pay […]
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