Thursday, November 21, 2024

Business

Oil prices rise following Hamas attack on Israel.

Oil prices have jumped on concerns that the situation in Israel and Gaza could disrupt output from the Middle East. Brent crude, the international benchmark, climbed by $2.25 a barrel to $86.83, while US prices also rose. Israel and Palestinian territories...

Tema Oil Refinery Board rejects staff allegations.

The Board of Directors of the Tema Oil Refinery (TOR) has rejected allegations levelled against it by the refinery’s staff. In a statement issued by the Board in response to the call by the General Transport, Petroleum, and Chemical Workers...

Digital Cedi holds potential to be global leader — Fintech expert.

An international financial technology (Fintech) expert, Jason Marshall, has said Ghana’s digital currency yet to be fully rolled out holds the potential to become the leading central bank digital currency (CBDC) in the world. He explained that the introduction of...

Ghana’s Economy Experiencing Turnaround – IMF.

Ghana’s economy is experiencing a rapid turnaround, according to the International Monetary Fund (IMF). The Fund confirmed that macro-economic stability is being experienced, while international reserves are also increasing at a steady pace. The announcement was made by the Fund’s Chief...

How the Bank of Ghana lost $5bn in one year – BBC Report.

Ghana - once touted as a trailblazing African economic success story - is facing an unprecedented financial crisis. This week, hundreds of protestors took to the streets in the capital Accra, calling on the governor of the Bank of Ghana...

India, Ghana Committed To Strengthening Partnership.

Senior Official of the India High Commissioner to Ghana, Cd’A, S. Chinpau Ngaihte has reaffirmed the country’s commitment to strengthening its economic, cultural, and multilateral-level partnerships, with the government of Ghana for mutual benefit. Mr. Ngaihte indicated that Ghana shares...

Ghana CEOs Awards: MTN and MTN MoMo win big.

The Chief Executive Officer of MTN Ghana, Selorm Adadevoh, has been adjudged CEO of the Year – Telecom at the 2nd edition of the Ghana CEO Vision and Awards held in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year...

TOR workers demand dissolution of Board of Directors.

Staff and members of the Tema Refinery Chapter of the General Transport, Petroleum, and Chemical Workers Union (GTPCWU) have appealed to President Nana Addo Dankwa Akufo-Addo to dissolve the Board of Directors of the Refinery.  At a press conference at...

BoG has done no wrong, deal with Finance Ministry – Nana Otuo Acheampong to Minority.

Banking Consultant, Nana Otuo Acheampong has jumped to the defense of the Bank of Ghana and its governors. According to him, the Governor of the Central Bank, Dr. Ernest Addison did no wrong by accepting to write off 53.1 billion...

Government must adopt ‘‘warlike’’ approach to solve economic challenges – Prof Bokpin.

Professor Godfred A. Bokpin, a Professor of Finance at the University of Ghana, says the Government ought to adopt a “warlike” approach to solve the country’s economic challenges.  He said economic issues such as corruption, low tax revenues, public expenditure...
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“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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