The International Monetary Fund (IMF) has completed the third review of Ghana's $3 billion Extended Credit Facility (ECF) programme, highlighting significant risks that could derail the country’s economic recovery despite recent progress.
While Ghana’s performance under the programme was deemed...
Atlantic Lithium Limited has embarked on some significant employee headcount slash, citing delays in the ratification of its Ewoyaa Mining Lease and declining lithium prices.
This move it noted was necessary as the company reallocates resources to critical activities to...
The government has admitted that the parliamentary impasse has stalled the disbursement of $300 million in World Bank funding for Ghana.
This amount is part of a larger financial support package from the World Bank aimed at stabilising the economy,...
The International Monetary Fund (IMF) Executive Board has approved the third review of Ghana's 36-month Extended Credit Facility (ECF), paving the way for an immediate disbursement of approximately $360 million.
In a statement released on December 2, the IMF lauded...
Uganda’s central bank has fallen victim to a massive cyber theft, with hackers reportedly siphoning off 62 billion Ugandan shillings ($16.8 million).
Authorities suspect insider collusion in the high-profile breach, which has raised serious concerns about the nation’s banking security...
The Ghana Education Trust Fund (GETFund) has announced that it awarded scholarships to all special needs students who applied for financial support in tertiary institutions in 2023.
The issue of scholarships for persons with disabilities (PWDs) has gained significant attention...
Former President John Agyekum Kufuor has called on American businesses and investors to explore opportunities in Ghana, emphasizing the country’s potential for fostering mutually beneficial economic partnerships.
Highlighting Ghana’s strategic location and abundant natural resources, Kufuor stated that the nation...
UBA Ghana proudly announces the 10th Anniversary of its National Essay Competition, a flagship initiative that has empowered Ghanaian students with critical thinking and writing skills while promoting educational excellence.
Launched for the first time in Kumasi at Prempeh College,...
The Bank of Ghana has suspended Consolidated Bank Ghana’s (CBG) Foreign Exchange Trading Licence, effective November 26, 2024, for one month.
The BoG cited section 11(2) of the Foreign Exchange Act, 2006 (Act 723) as the basis for this decision.
In...
The Minerals Income Investment Fund (MIIF) has issued a firm deadline for all active and licensed mining companies in Ghana, demanding that they clear any outstanding mineral royalties by December 1, 2024.
This move is part of MIIF’s initiative to...
