Friday, April 18, 2025

Business

Ghana becomes 100th depositor to safeguard key food crops in permafrost Seed Vault.

Today, Ghana becomes the 100th depositor to deposit seeds in the Svalbard Global Seed Vault, an important step towards ensuring the long-term protection of the country’s major food crops. Ghana joins 15 other institutions, including one other first-time depositor –...

Our ambition is to lead digital solutions for Africa’s progress – MTN.

The Mobile Telecommunication Network (MTN), is building large and valuable platforms to lead digital solutions for sustainable development and progress of the African continent. The ambition of the Company is to become customer central, build resilient network to improve customer...

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

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...

Jailing of Ato Essien: We need our money back; it’s sad we couldn’t retrieve all from him – Joe Jackson.

The Director of Business Operations at Dalex Finance, Mr Joe Jackson, has said he was sad that the state could not retrieve all the money from the Chief Executive Officer of the defunct Capital Bank, William Ato Essien before...

Ghana makes progress with debt situation – World Bank.

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...

IMF bailout: Quickly agree on debt relief terms – Ofori-Atta begs bilateral creditors.

The Ministry of Finance has appealed to its bilateral creditors to quickly agree on the debt relief terms to help Ghana secure the second tranche of the $3 billion International Monetary Fund (IMF) bailout package. He expressed appreciation to the...

IMF projects higher growth for Sub-Saharan Africa in 2023 better than advanced economies.

The International Monetary Fund (IMF) is projecting that Sub-Saharan Africa’s growth for 2023 will be better than advanced countries for end year 2023, despite a slow global economy growth.   “The slowdown is more pronounced in advanced economies than in...

IMF/World Bank annual meetings open in Morocco.

The 2023 annual meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) on Monday opened in Marrakech, Morocco. This is the second time that an African country is hosting the meetings of the two global finance...

Airlines cancel or delay flights to Israel as fighting continues.

Major airlines around the world have cancelled flights to Israel or warned of travel disruption as the security situation deteriorates. Three US carriers, as well as Air France, Lufthansa and Emirates, have suspended services to Tel Aviv. Virgin Atlantic warned of...

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...
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