Ghana, a nation facing its worst economic challenges, recently received a much-needed cushion in the form of a US$3 billion bailout approved by the International Monetary Fund (IMF). This financial support has appeared to be a critical help for Ghana’s struggling economy, particularly in the face of the shocks brought by the COVID-19 pandemic. This […] The post
The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has alleged that the Youth and Sports Ministry budgeted an estimated $8.5 million, equivalent to GH¢105 million, for the 2023 Africa Cup of Nations. According to the MP, the government and the Ghana Football Association (GFA) have tried to conceal the budget for the country’s […] The post Govt
The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has alleged that the Youth and Sports Ministry budgeted an estimated $8.5 million, equivalent to GH¢105 million, for the 2023 Africa Cup of Nations. According to the MP, the government and the Ghana Football Association (GFA) have tried to conceal the budget for the country’s […] The post Govt budgeted
Unsereiner sehen fur jedes dich geoffnet, wann immer du magst Buche unseren exklusiven Relaxing- Bereich unter einsatz von Poolbillard um … herum um ebendiese Zeitanzeiger, a mark Vierundzwanzig stunden & hinter irgendeiner Tempus deiner Auslese. Sonderwunsche willkommen! Echte Gesundung bei Stuttgart In diesem gro?zugigen, behaglich gestalteten Einholung within Gro?stadt zwischen wald und reben aufstobern Diese […]
Standard Chartered Wealth Management Chief Investment Office (CIO) has released its Outlook 2024 report, outlining its investment strategy for the year ahead. The US and other major economies are likely to witness sharply slower growth and sliding inflation in 2024. Equity and bond markets are expected to start 2024 positively, supported by hopes of a […] The post Sailing with the wind
The Public Relations Officer at the Ministry of Food and Agriculture (MoFA), Tanko Bagbara, has highlighted the pressing need to tackle inefficiencies along the food value chain. He advocated that collective efforts are needed to address challenges impacting negatively on supply of food from the farm gate to retail centres, such as poor road networks, […] The post
The Ministry of Youth and Sports has bemoaned the Black Stars’ poor performance at the 2023 AFCON in Cote D’Ivoire. In the statement the Sports Ministry expressed massive disappointment over the Black Stars’ failure to progress from the group stage for the second consecutive AFCON edition. The Black Stars lost 1-2 to Cape Verde and […] The post Sports
Finance Minister Ken Ofori-Atta has emphasised the crucial need for deeper collaboration between Ghanaian and German enterprises. He envisions a future where the fusion of German technology and expertise with Ghanaian innovation and local knowledge would pave the way for sustainable and inclusive growth. He made this call at the Ghana Mutual Prosperity Partnership Roundtable […] The post
The Minister of Energy, Dr. Mathew Opoku Prempeh, underscored the critical role played by the Bulk Oil Storage and Transportation Company (BOST) in fostering economic stability over the past few years. Speaking at an event to commemorate the 30th anniversary of BOST in Accra, Dr. Opoku Prempeh highlighted the state-owned firm’s contributions to economic stability, […] The post
I had gone to find spare parts for my now ageing Toyota Fortuner vehicle at Abbosey Okai. I was highly amused listening to some of the submissions during a heated debate on how the cedi has depreciated against the major foreign currencies. As I haggled over the prices of the spare parts to fit my […] The post Random
President of IMANI Africa, Franklin Cudjoe, is seeking further clarification on the government’s recent decision to procure new trains for Ghana. This inquiry comes in the wake of government’s announcement of purchasing 12 modern diesel-powered trains scheduled to arrive in mid-February, to enhance the country’s railway transportation system. The intended deployment of these trains is […] The post Franklin
Fidelity Bank, Ghana’s largest privately-owned bank, has emerged as a beacon of excellence with four of its key employees receiving noteworthy awards at the Ghana Association of Bankers Awards ceremony. Their dedication, talent and leadership shone brightly, underscoring Fidelity Bank’s commitment to leadership, innovation and customer protection, even amid recent industry turbulence. Among the luminaries […] The post
The government is making a concerted effort to enhance its appeal as a preferred base for Chinese businesses on the African continent, Finance Minister Ken Ofori-Atta has said. He made this known during an engagement with the Chinese Business Community in Ghana under the Ghana Mutual Prosperity Partnership held in Accra. “We want to use […] The post Gov’t
The World Bank Group yesterday, in principle, welcomed the agreement on key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework. This agreement, which is consistent with the Joint WB-IMF Debt Sustainability Framework, represents a critical milestone toward restoring debt sustainability in the country. “This […] The post
“Good Banking is produced not by good laws, but by good bankers.” — Hartley Withers, prominent British financial journalist around the turn of the 19th century Dear Readers, last week started with my article on the need to pause and self-reflect before making new year resolutions. It is during our pause for self-reflection that we […] The post Risk
Kwaku Ofori Asiamah, Transport Minister The Ministry of Transport has called on the public to disregard purported increase in public transport fares by commercial road transport operators. In a Read More... The post Govt, Transport Operators Tango Over
Finance Minister Ken Ofori-Atta has expressed welcome the International Monetary Fund’s release of the second tranche of Ghana’s extended credit facility with the Bretton Woods institution. According to the Finance Minister, the approval of an additional $600 million for Ghana’s bailout programme signifies the country’s progress in its economic reform trajectory. “Earlier today, the IMF […] The post Release
Bank of Ghana Governor Dr. Ernest Addison has reassured the public that the launch of the much-anticipated e-Cedi, the country’s digital currency, will take place before the end of 2026. The Governor acknowledged progress made in the f the e-Cedi’s development, but attributed the delay in its launch to economic dislocation caused by the events […] The post BoG
Development Bank Ghana (DBG) has partnered with its Participating Financial Institutions (PFIs) to disburse GHS 623 million into the private sector. This capital injection has contributed to the creation of jobs, expansion of businesses, increased revenue, and generation of foreign exchange. DBG’s key highlights in 2023 are captured in a year-end wrapped video on its […] The post
The Ministry of Transport has asked the public to disregard the purported increase in transport fares by the Commercial Transport Operators of Ghana and the Ghana Private Road and Transport Union (GPRTU). In a statement issued on Wednesday, January 17, the Ministry said, “There has not been any negotiation with the transport operators for a […] The post Disregard
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS