Zambia has declared the drought the country is currently going through a national disaster, with President Hakainde Hichilema saying the lack of rain has devastated the agricultural sector, affecting more than one million families. The southern African country has gone without rain for five weeks at a time when farmers need it the most, Hichilema […] The post Zambia
US President Joe Biden and former President Donald Trump made separate visits to the US-Mexico border in Texas, competing over who has the best approach to tackling immigration. The simultaneous visits by the two politicians on Thursday, 523km (325 miles) apart on the banks of the winding border river, highlighted the extent to which illegal […] The post Biden
The Ministry of Foreign
Togbe Afede XIV, the Agbogbomefia of the Asogli State, has strongly criticised the recent decision by the Bank of Ghana (BOG) to reduce the policy rate from 30% to 29%, describing it as nothing more than a “big joke.” The BOG’s Monetary Policy Committee (MPC) announced this cut on January 29, 2024, with Togbe Afede […] The post BoG’s 1% policy rate cut
Yulia Navalnaya is addressing the European Parliament following the death of her husband, Alexei Navalny, in a Siberian prison on 16 February. “If you really want to defeat Putin, you have to become an innovator,” she says in Strasbourg. “And you have to stop being boring.” She says Alexei Navalny “was the opposite of everything […] The post You
By Effie AMISSAH The banking industry underpins the financial services industry in the country. Regulated by the Bank of Ghana, the industry provides an avenue where cash, credit and other financial transactions for both individuals and businesses are accessed. According to the 2023 Price Water House Coopers Banking Survey Report, the banking industry contributed GHC16.21 […] The post The
Members of the European Parliament (MEPs), journalists and members of the public have been digesting what they’ve just heard. This was a speech given by a grieving widow, Yulia Navalnaya who spoke of the family’s battle to retrieve her husband’s body from the Russian authorities – as a well as a vow from a democracy […] The post MEPs show solidarity and applaud Navalnaya’s
The government paid a total of GH¢300,385,317.52 as judgement debt between 2017 and 2022. The Ministry of Finance made this known in an updated information on judgement debt payment dated August 2023. The Ministry revealed that the payments were made to over 60 individuals and organisations. For instance, in 2017, Albert Osei was paid GH¢279,412.83; […] The post Over
Prince Harry has lost a High Court challenge against the government over the level of his security protection when he is in the UK. The Duke of Sussex had been trying to overturn a ruling which saw his security status downgraded after he stopped being a “working royal”. His lawyers argued there was unfairness in […] The post Prince Harry loses
Ghana and Suriname have expressed a mutual interest in strengthening their trade relations. This intent was pronounced by the Ambassador Extraordinary and Plenipotentiary of the Republic of Suriname, Fidelia Graand-Galon, during a pivotal meeting with officials from the Ghana Shippers Authority (GSA) on February 22, 2024. The discussions were centered on pinpointing potential business ventures for both […] The post
Members of the Wa South Grand of the Knight of St John International and Ladies Auxiliary, a Catholic organization, have donated food items to help feed inmates of the Wa Central Prison. The donation follows an appeal by the authorities of the prison to the public to augment the government’s feeding allocation for the inmates. […] The post Knight of St John International
By Ernest Bako WUBONTO The Deputy Minister of Finance, Dr. John Kumah, has stressed the critical role entrepreneurs play in the socio-economic development of the country. Dr. Kumah said entrepreneurs have demonstrated over the years, especially in times of crisis like the COVID-19 pandemic, that they are the true lifeline of the economy. Dr. John […] The post Deputy
In today’s dynamic financial landscape where borders are increasingly blurred and customer demands transcend local confines, only institutions with a forward-thinking global perspective can truly thrive. Fidelity Bank, Ghana’s foremost privately-owned bank, exemplifies this ethos, consistently surpassing local standard while making its mark on the global stage. Seamless banking solutions for a connected world At […] The post
The West African regional bloc is lifting some sanctions imposed on Niger over last year’s coup, in a new push for dialogue following a series of political crises that have rocked the region in recent months. A no-fly zone and border closures were among the sanctions being lifted “with immediate effect,” the president of the […] The post ECOWAS backtracks, lifts sanctions
The Ministry of Finance has taken swift action to accelerate the construction of the Kumasi International Airport by releasing €7 million out of the remaining €9 million needed for Read More... The post Finance
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