Thursday, November 21, 2024

BUSINESS

WorldRemit sees remittance inflows to Ghana at US$5 billion in 2023

Remittance inflows to Ghana are expected to reach about US$5 billion in 2023, slightly easing the pressure on the country's forex. In 2022, the value of remittances to Ghana grew throughout the year to reach a record US$4.7 billion despite...

Government announces settlement of Cedi-denominated notes and bonds under Domestic Debt Exchange Programme

The Government has announced the settlement and conclusion of its Domestic Debt Exchange Programme (DDEP) for Cedi-denominated notes and bonds. E.S.L.A. Plc or Daakye Trust Plc.“This successful result is a significant achievement for the Government in the implementation of...

I will rebuild economy in two years– Dr Duffuor

Dr Kwabena Duffuor, a former Finance Minister, says he will rebuild Ghana’s economy within two years if elected President.Dr Duffuor, who is seeking to lead the National Democratic Congress (NDC) as its flagbearer in the 2024 presidential election, said...

NDC Minority reiterates call for dismissal of Ofori-Atta

The National Democratic Congress (NDC) Parliamentary Minority has reiterated its call for the dismissal of Mr Ken Ofori-Atta, the Finance Minister, for alleged incompetence in the management of the economy.Dr Cassiel Ato Baah Forson, the Minority Leader, speaking at...

GNCCI holds CEOs breakfast meeting

Some members of the Ghana National Chamber of Commerce and Industry (GNCCI) in the Western Region have asked the government to reconsider its decision on the Domestic Debt Exchange Programme to save the country of future implications and hardships. The...

For hoarding fresh Naira notes, an Abuja bank manager was detained.

The Economic and Financial Crimes Commission (EFCC), on Monday, arrested an Operations Manager of a commercial bank in Abuja Central Area, for hoarding the new banknotes. The suspect was arrested by operatives of the commission for allegedly refusing to load...

Don’t make us destitute – Pensioners cry for DDEP exemption. 

Some members of the Pensioners Bondholders Forum on Monday picketed the Ministry of Finance, demanding exemption from the Government’s Domestic Debt Exchange Programme (DDEP). They, among other things, appealed to government to not “push pensioners into their early graves” and...

Insurers agree to participate in domestic debt exchange programme

The Ghana Insurers Association has agreed to participate in government’s Domestic Debt Exchange programme, following the government’s guarantees of cushioning affected insurance companies. This is to be done through the solvency window of the Ghana Financial Stability Fund (GFSF). The Ministry of Finance...

AMA to roll-out digital revenue collection in March

The Accra Metropolitan Assembly (AMA) has announced plans to introduce a digitised revenue collection system in March, this year, to rake in more revenue for the Assembly.The new platform, expected to make payments more convenient, is aimed at checking...

AfDB mobilises $1.9 billion to fund transformative projects over next three years

The Africa Development Bank had at the end of last year mobilised some $1.9 billion from development partners to fund transformative projects from 2023 to 2025. About 400 million dollars of the funds has been allocated to climate action. This is...
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Latest News

“Ghanaians make up a notable portion of US visa overstayers.”

Ghana has emerged as one of the African countries with high visa overstay rates in the United States, according...
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