Sunday, December 22, 2024

Business

“Hackers, Allegedly with Insider Help, Steal $16 Million from Ugandan Central Bank”.

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...

“New Direct Flight Route Between London Gatwick and Kumasi Prempeh I International Airport Lauched.”

The Ghana Airports Company Limited (GACL), in collaboration with Ethiopian Airlines, has announced the launch of direct flights between London Gatwick Airport and Kumasi Prempeh I International Airport (PIA).  This new service, set to commence on December 3, 2024, represents...

One-Month Suspension of Nuri Meter Top-Ups for Customers-ECG Announces.

The Electricity Company of Ghana (ECG) has said customers using the Nuri prepayment meters no longer need to purchase power to last for a full month, as was earlier communicated.  That, it said, was because the token identifier (TID) rollover...

We awarded scholarships to all special needs students in 2023 – GETFund.

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...

“We’re pleading, find us a place to sell. We have a responsibilities ” – Flower Pot vendors to Gov’t.

Authorities have evicted all hawkers operating under the newly inaugurated Flower Pot Interchange following public backlash over viral images of vendors selling fruits at the location just a day after the project’s launch. The swift action, led by the Greater...

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

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 launches 10th anniversary of National Essay Competition.

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,...

BoG suspends CBG’s Forex trading licence.

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...

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

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...

Government has never been broke until DDEP – Alhassan Andani.

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...
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Latest News

“Parliament Adjourns to January 2 Without Approving Expenditure in Advance of Appropriation”

Parliament has adjourned its seventh meeting of the fourth session of the Eighth Parliament to January 2, 2025, without...
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