Back to Latest Briefings

January 2, 2025
AI-Enhanced
GCB Bank temporarily closes Liberty House Branch after Katamanto Market fire
Money
Key Points
- GCB Bank has temporarily closed its Liberty House Branch in Accra.
- The closure is a direct result of a fire that occurred at the nearby Katamanto market in the Central Business District.
- The bank's decision prioritizes the safety of its staff, customers, and assets.
- Customers are advised to utilize alternative banking options, including other nearby branches (Katamanto, Makola, Okaishie, etc.) and digital platforms.
- GCB Bank has issued an apology for any inconvenience caused by the temporary disruption.
Why This Matters
GCB Bank is one of Ghana's largest indigenous banks, and its operations in Accra's Central Business District are crucial for many businesses and individuals. The temporary closure due to an external event like a market fire highlights the vulnerability of critical financial infrastructure to urban incidents and the potential ripple effect on commerce and daily transactions in a major economic hub.
Read Full Article
View original sourceRelated Articles
October 29, 2026
Asene farmers demand compensation for farms destroyed by Accra-Kumasi expressway
- Over 200 farmers at Akyem Asene in the Eastern Region are appealing to the government for adequate compensation for farms destroyed for the new Accra-Kumasi expressway.
- Affected properties include cocoa, food crop, and oil palm farms, which were their main sources of livelihood.
- The farmers staged a demonstration, detailing economic hardships, including difficulty meeting daily needs and paying school fees, since their farms were destroyed over eight months ago.
- Leaders highlighted significant financial losses, with one farmer, Da Costa Asamoah, losing an estimated GH¢40,000 annual income from his 8-acre cocoa farm.
- The Ghana Highway Authority (GHA) confirmed that some farms have not yet been measured, explaining the delay by an increase in the expressway's width from 120 metres to 150 metres, affecting additional farmers.
October 29, 2026
NAIMOS begins community engagements in galamsey-prone areas
- The National Anti-Illegal Mining Operations Secretariat (NAIMOS) has launched community engagements in galamsey-prone areas.
- The initiative aims to strengthen collaboration, build public confidence, address local concerns, and improve intelligence sharing.
- Engagements will involve traditional authorities, local government officials, and opinion leaders to tackle environmental and livelihood challenges.
- This strategy complements existing enforcement operations rather than replacing them, as part of a broader coordinated effort.
- The program aligns with the Minister for Lands and Natural Resources' strategy and President John Dramani Mahama's vision to intensify the fight against illegal mining.
October 29, 2026
‘We tend to be open-minded and liberal, but that’s not how we’ve lived so far’ – Kufuor
- Former President Kufuor advocates for a Ghana where individual enterprise thrives, supported by strong leadership and inclusive governance.
- He emphasizes leveraging Ghana's natural resources and human talent, cautioning against stifling initiative with excessive taxation.
- Kufuor envisions a state framework that empowers the private sector to mature, attract investment, and allow citizens to build legitimate wealth.
- His vision balances private enterprise with robust social protection, calling for quality education, healthcare, and a safety net against poverty.
- He highlights Ghana's potential through its mineral resources (gold, lithium, bauxite, manganese) and the character of its people to achieve shared prosperity.


