Thursday, November 21, 2024
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Finance

Economic

Tap Ghana’s strategic potential for economic growth – Kufuor urges U.S. investors.

Editor -
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...
Education

UBA Ghana launches 10th anniversary of National Essay Competition.

Editor -
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,...
Finance

BoG suspends CBG’s Forex trading licence.

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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...
Economic

MIIF sets December 1 deadline for mining companies to clear outstanding royalties.

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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...
Economic

Government has never been broke until DDEP – Alhassan Andani.

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The government’s inability to honour its debt commitments, Andani suggested, has cast a shadow over Ghana’s investment landscape, particularly impacting private bondholders. “For a government to say we cannot pay…bonds that we have issued, especially to private sector people, that...
Economics

Ghana records over 55% increase in petroleum revenue for 1st half of 2024.

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Ghana's crude oil production has seen a significant return to positive outcome in the first half of the year, as production surpasses that of the same period last year. There has been a 55.6 percent increase in revenue received for...
Finance

We’ve enough buffers; cedi will soon appreciate – BoG Governor.

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The Bank of Ghana (BoG) is bolstering its reserves to curb the cedi’s depreciation against major foreign currencies as demand for forex is anticipated to rise with the upcoming festive season. The Central Bank’s move aims to reassure businesses and...
Africa

African Development Bank’s High Impact Projects Transform Côte d’Ivoire’s Energy and Agriculture Sectors

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The project, 80 percent financed by the African Development Bank with a $121 million investment, is 85.7 percent complete since its launch in 2018 During a recent three-day field visit to central Côte d'Ivoire, Joseph Ribeiro, the African Development Bank’s...
Finance

Inflation to reduce to 26.7% by December, 15% by end of 2024 – Akufo-Addo.

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President Nana Addo Dankwa Akufo-Addo is predicting a reduction in the country’s inflation rate by the close of this year, 2023. Inflation is the rate of increase in prices over a given period of time. Ghana’s current inflation rate stands...
Finance

Ghana makes progress with debt situation – World Bank.

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Ghana has made progress with its debt burden, says, Mr Ajay Banga, President, World Bank Group (WBG). “Zambia got out of the debt situation after a long process but we’ve seen progress with Ghana and other countries,” Mr Banga said. Mr...
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Titus Glover dismantles structures of vendors at Flower Pot Interchange.

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The Greater Accra Regional Minister, Daniel Nii Kwartei Titus Glover, has taken decisive action against vendors operating illegally around the recently inaugurated Flower Pot...

GRA intercepts 40-Foot container of ammunition at Tema Port.

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The Customs Division of the Ghana Revenue Authority has seized 53 pistols , 65 pieces of live ammunition, 74 magazines, and a PC hoster...

Akufo-Addo commissions new Bank of Ghana Headquarters.

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Akuffo-Addo officially appoints Herbert Krapa as permanent Energy Minister.

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Kwahumanhene destooled for misconduct – Kwahumanhemaa confirms.

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The Kwahu Traditional Council has destooled Daasebre Akuamoah Agyepong II from his position as Kwahumanhene, citing reasons of misconduct. The decision to destool Daasebre Akuamoah...

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For insulting Uganda’s president, TikToker jailed for 32 months.

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A 21-year-old has become the latest Ugandan TikToker to be sent to prison after creating a video that was said to insult President Yoweri...

This is Ghana’s worst spell in football, take heart and resign- Veronica Commey to GFA President.

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New Force is not a political party, it’s a movement to develop Ghana – Cheddar.

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NFA honours young writers under its Script Bank project.

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Naa Kwaamah Siaw-Marfo writes: Kurt Okraku’s Leadership Under Scrutiny Amid Ghana Football’s Struggles.

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