Business
Don’t hang onto industries you can’t maintain and run – Otumfuo to Gov’t
Asantehene, Otumfuo Osei Tutu II, has urged the government to diversify companies it cannot maintain and run efficiently. According to him, there are a number of government companies and entities that are struggling that can do well with private partnerships. He disclosed this during the commissioning of a 430-kilometre natural gas pipeline by Genser Energy […]
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Any govt depending on IMF is likely to fail – Grand Coalition
Rev. Dr. Samuel Worlanyo, an economist and spokesperson of the Grand Coalition, has warned about the potential collapse of Ghana’s economy if it continues to heavily rely on borrowing from financial institutions such as the International Monetary Fund (IMF). In acknowledging the necessity of borrowing for governmental initiatives and projects, Dr. Worlanyo stressed the critical […]
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General News
Kwabena Boateng elected Ejisu parliamentary candidate
A private legal practitioner, Kwabena Boateng, has beaten eight other persons who competed in the New Patriotic Party (NPP) primary held at Ejisu on April 13 to become the parliamentary candidate. The contestants in last Saturday’s NPP primary included former Ghana Football Association (GFA) boss, Kwesi Nyantakyi, Dr. Evans Duah, Klinsman Karikari Mensah, Helena Mensah, […]
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Business
Over 700 Ghanaian products absorbed under AfCFTA’s Guided Trade initiative – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo, has during the State visit of the President of Guinea-Bissau Umaro Mokhtar Sissoco Embaló, announced the giant strides being made by Ghanaian products under the Guide Trade Initiative of the African Continental Free Trade Area (AfCFTA). Following the maiden roll out of the Guided Trade Initiative, President Akufo-Addo said, over […]
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Eastern
Assembly woman for Old Estate East forms community watchdog committee
The Assemblywoman for Old Estate East Electoral Area in the New Juaben South Municipality of the Eastern Region, Rebecca Oforiwaa Darko popularly known as Abena Payaase, has formed a community watchdog committee to fight crime in the area. The community watchdog committee, which was jointly formed with the Koforidua Central Police Command, is to aggressively […]
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Banking & Finance
Zenith Bank spotlights opportunities for women in business
At the maiden edition of the Women in Business Dialogue series organised by the Business and Financial Times and held in Accra, the Sector Head, SME & Retail Banking at Zenith Bank, Gloria Cabutey-Adodoadji, urged businesswomen to leverage on the golden opportunities of the African Continental Free Trade Area (AfCFTA) agreement to expand their reach […]
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Business
GSE seeks tax incentives to boost investor participation
By Ebenezer Chike Adjei NJOKU ebenezer.njoku@thebftonline.com The Ghana Stock Exchange (GSE) is pushing for the reinstatement of the capital gains tax exemption on listed securities, with Managing Director Abena Amoah confident it would deepen investor participation and solidify the bourse’s gains. She believes the tax break, coupled with tax incentives for listing companies, would significantly […]
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Banking & Finance
UBA, GEPA partner for AfCFTA trade liberalisation seminar for exporters
In a strategic move to promote trade liberalisation under the African Continental Free Trade Area (AfCFTA), the United Bank for Africa (UBA) Ghana has collaborated with the Ghana Export Promotion Authority (GEPA) to host a crucial sensitisation seminar titled ‘Trade Liberalisation after the AfCFTA’ at the Africa Trade House in Accra. Peter Dery, Head of […]
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Featured
2024 Polls: We’ll control our expenditure – Abena Osei-Asare
Minister of State designate at the Finance Ministry, Abena Osei-Asare has indicated that the government remains committed to ensuring there is no revenue spillage as the country heads to the December polls. According to her, state agencies particularly those at the port, must intensify collaborations to address any revenue leakages in a manner that does […]
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Banking & Finance
Ecobank promises leadership in waste-to-wealth creation
By Ebenezer Chike Adjei NJOKU ebenezer.njoku@thebftonline.com Ecobank has pledged to remain a frontrunner in responsible waste disposal and conversion by promoting waste as a valuable resource. The commitment forms part of the bank’s week-long celebration themed: ‘Promoting Sustainability Through Waste Transformation: The Ecobank Way,’ launched at its Head Office in Accra. Setting the tone, Managing […]
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News
Tema Traditional Area: Noise-making ban takes effect April 26 – May 18
The Tema Traditional Council has announced to the general public, particularly, residents within the Tema Traditional Area, that this year’s customary ban on drumming and noise-making within the Tema Traditional Area will take effect from Friday, 26th April 2024 to Saturday, 18th May 2024. The Council explained that during this period, burials and funerals are […]
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Entertainment News
‘Taste of Sin’ movie featuring Archbishop Duncan-Williams’ out on Netflix
The Founder and General Overseer of the United Denominations of Action Chapel Churches Worldwide, Archbishop Nicholas Duncan-Williams, a renowned figure in the realm of faith and leadership, has stepped into a new spotlight as he makes a cameo appearance in the highly anticipated movie “Taste of Sin.” The film, which has garnered significant buzz for […]
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Featured
Abena Osei-Asare links ‘dumsor’ to illegal connections, calls on Ghanaians to change attitudes
Abena Osei-Asare, the minister of state-designate for the Finance Ministry, has raised significant concerns regarding issues plaguing Ghana’s energy sector. During her vetting by the Parliament’s Appointments Committee on March 13, 2024, Osei-Asare addressed the root causes behind the intermittent power supply, commonly referred to as ‘Dumsor’, highlighting human activities such as illegal meter connections […]
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Featured
Food prices could have been worse if not for PFJ – Abena Osei-Asare
Abena Osei-Asare, the minister of state-designate for the Finance Ministry, has highlighted the significance of the Planting for Food and Jobs (PFJ) initiative in stabilizing food prices in Ghana. During her vetting by Parliament’s Appointments Committee on Wednesday, March 13, 2024, she emphasized PFJ’s crucial contribution to Ghana’s aim for food self-sufficiency. She noted improvements […]
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General News
Tolon Chiefs Thank Nana
President Akufo-Addo and Major Retired Sulemana Abubakar (both seated) with his delegation The Chiefs and people of Tolon Tradional Area in the Northern region have expressed profound gratitude to
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Business
Gold-for-oil policy contributed to Ghana’s improved inflation – Abena Osei-Asare
Government says the gold-for-oil policy contributed to a reduction in the country’s inflation rate from 54.1 percent to 23.5 percent in January 2023. The policy was introduced by the government in an attempt to address Ghana’s dwindling foreign currency reserves, coupled with the demand for dollars by oil importers, which was weakening the local cedi […]
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General News
Unstable power supply, a challenge facing Fomena hospital
Healthcare delivery at the newly-constructed Fomena Government Hospital is being hampered, following unstable power supply to the health facility.This came to light when the Paramount Chief for Adansi Traditional Area, Opagyakotwere Bonsra Afriyie II, paid a working visit to the hospital. Bringing to fore the challenges confronting the hospital, the administrator of the facility, Mr. […]
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General News
Why Your NSS ‘Allawa’ Delays
The National Service Secretariat (NSS) has, often-times, been accused of delaying the release of monthly stipends of personnel. No official communication has ever been issued over this mishap, but it has now been revealed that it is the personnel themselves who are causing the problem. According to the Chief Executive Officer of the NSS, Osei […]
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Politics
Abena Osei-Asare Hits Road For Bawumia
Abena Osei-Asare The Deputy Minister of Finance, Abena Osei-Asare, has begun campaigning for the election of Vice President Dr. Mahamudu Bawumia as the next president. According to her, the
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