Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
The post Controller & Accountant General Dodges Public Accounts Committee Post Primary Loss appeared first on Citinewsroom - Comprehensive News in Ghana.
Deputy Finance Minister Abena Osei-Asare has defended the 2017 financial sector clean-up, which led to the liquidation of 420 institutions. She put up the defence in response to the Chairman of the Public Accounts Committee, James Klutse Avedzi, who attributed the tax default of some of the institutions to the financial sector clean-up. The Ghana […] The post Abena Osei-Asare
China has tightened its financial industry rules as the government tries to halt a deepening sell-off in the world’s second-largest economy. Nearly $6tn (£4.7tn) has been wiped off Chinese and Hong Kong stocks since their most recent peak three years ago. The China Securities Regulatory Commission (CSRC) says the measures will create “a fairer market […] The post China
The Narcotics Control Commission (NACOC) has advised the general public especially persons with drug use disorders to refrain from using public schools for illegal activities, including smoking and as a place of convenience. The NCC, in a statement on Monday, January 29, 2024, stated that it has observed that some people use public school classrooms […] The post Stop
FLASHBACK: Jenni Hermoso celebrates with Luis Rubiales after the match A Spanish High Court judge proposed on Thursday that former football federation chief Luis Rubiales stand trial for kissing Read More... The post Court Wants ‘Kissing’ FA Boss For Trial appeared
The National House of Chiefs has reiterated its call for the government to take far-reaching measures to comprehensively clamp down on the menace of illegal mining. The House has also stressed the need for all stakeholders to be involved in the fight against illegal mining, devoid of politics. The President of the National House of […] The post National House
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
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Ray Michael and Paradisus made history by hosting their inaugural joint writing camp, welcoming representatives from Warner Africa, Warner UK, and Atlantic UK at the esteemed Paradisus in Aburi, Ghana. The event emerged as an overwhelming success, uniting writers, producers, and engineers from diverse creative backgrounds in a week-long celebration of artistic immersion, with a […] The post Warner
In a bid to boost its production capacity, wholly Ghanaian-owned mining giant Adamus Resources Limited, with financial support from its parent company – Nguvu Mining Limited, has launched over a dozen Liebherr brand of haulage trucks at the company’s site at Esiama in the Ellembelle District of the Western Region. The acquisition of the haulage […] The post
Fostering healthier and Meaningful Relationships, with Amos Kevin-Annan | Effective Living Series The post Fostering healthier and Meaningful Relationships, with Amos Kevin-Annan | Effective Living Series appeared first on Citinewsroom - Comprehensive News in Ghana.
The government is urgently seeking to build on the momentum of its debt restructuring efforts, following the recent agreement with official creditors to restructure debts extended to the country up until December 2022. Having overcome this hurdle, Reuters reports that government officials will re-engage with its international bondholders from next week, seeking to continue discussions […] The post
Building Emotionally & Psychologically Healthy Families with Leticia Ohene-Effah | Effective Living Series The post Building Emotionally & Psychologically Healthy Families with Leticia Ohene-Effah | Effective Living Series appeared first on Citinewsroom - Comprehensive
The post Building Personal Resilience and Mental Fortitude with Michael Ohene-Effah | Effective Living Series appeared first on Citinewsroom - Comprehensive News in Ghana.
The government has announced that it has reached an agreement with its Official Creditors in restoring debt sustainability in line with the International Monetary Fund (IMF) programme targets. The government is seeking to secure the 2nd tranche of the IMF bailout after securing the 1st tranche in 2023. The government embarked on a Domestic Debt […] The post IMF
Resource – rich countries have, for decades, explored and exploited the valuable mineral resources they have been endowed with through large-scale mining activities. Historically, a key aspect of large-scale mining has involved the exploration of minerals through surface/land-based mining which has made significant contributions to developments in growing economies. For instance, In June 2023, Ghana […] The post
Emmanuel Armah Kofi Buah, Member of Parliament (MP) for Ellembelle, has called for a new and better approach to dealing with local level mining in the country. “The old approach has not stopped illegal mining activities and destruction of the environment, especially water-bodies – which is having negative effects on the health of individuals,” he […] The post Ellembelle
A leading member of the New Patriotic Party, Dr Nyaho Nyaho-Tamakloe has suggested to the next president of the country to investigate all appointees of the Akufo-Addo-led administration. He said, the winner of the 2024 presidential election must set up a commission of inquiry to investigate members of the current government for corruption. “Whoever takes […] The post Investigate
Criticize a public official on social media, and you are most likely to get blocked from engaging with that account on the platform. This punitive action was not taken by the social media company as a response to a violation of community rules; it was a deliberate action by the so-called public servant who feeds […] The post Silencing
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