Business
Minority demands publication of KPMG audit report on SML-GRA contract
The Minority in Parliament is demanding the publication of the KPMG audit report on Strategic Mobilization Ghana Ltd (SML) and Ghana Revenue Authority (GRA) contract. President Akufo-Addo has stated that the SML Downstream petroleum service is needed however the Ministry of Finance (MoF) and the Ghana Revenue Authority (GRA) will have to renegotiate the fee […]
The post Minority
Business
Release KPMG’s report on GRA-SML probe – Bright Simons to Akufo-Addo
Vice President of IMANI Africa, Bright Simons has called on President Akufo-Addo to make public the KPMG’s report on the investigation conducted on the Ghana Revenue Authority (GRA) and Strategic Mobilization Ghana Ltd (SML) deal. President Akufo-Addo says the SML Downstream petroleum service is needed however the Ministry of Finance (MoF) and the Ghana Revenue […]
The post Release KPMG’s
Sports
Agyemang Badu backs Dreams FC to upset Zamalek and reach CAF Confederations Cup final
SOURCE: Ahashie Judeliver Eli Former Ghanaian midfielder Agyemang Badu has thrown his weight behind Dreams FC, predicting a historic victory for the Ghanaian side over North African giants Zamalek this Sunday in the return leg of the CAF Confederations Cup semi-finals. Dreams FC held Zamalek to a goalless draw in the first leg played last […]
Business
MoF, MASLOC board can’t be left off the hook in the misappropriated funds – Harry Yamson
A Public Sector Analyst Harry Yamson says the Ministry of Finance (MoF) and Board of Microfinance and Small Loans Centre (MASLOC) cannot be left off the hook in the case of misappropriated funds and financial loss caused to the state. His concerns follow the sentencing of former MASLOC Boss, Sedina Christine Tamakloe Attionu, and Daniel […]
The post MoF, MASLOC
Economy
Gov’t determined to reach debt agreement within sustainable targets
By Joshua Worlasi AMLANU joshua.amlanu@thebftonline.com Finance Minister Dr. Mohammed Amin Adam has assured that government is pushing forward with its debt negotiations, determined to reach an agreement with its creditors that is acceptable to all parties while staying within the sustainability targets of its IMF-supported economic programme. Ghana is aiming to cut US$10.5billion from its […]
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Banking & Finance
OmniBSIC Bank makes GH¢150m gain in 2023
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […]
The post OmniBSIC
Business
IMF deal: Performance indicators contributed to completion of 2nd review – Amin Adam
Dr Mohammed Amin Adam, the Minister of Finance, has outlined key performance indicators that led to the successful completion of the Second Review by the International Monetary Fund (IMF). On Saturday, April 13, 2024, the IMF disclosed that it had reached a staff-level agreement on the second review of the extended credit facility with Ghana. […]
The post IMF
Ex-Black Queens coach Mercy Tagoe-Quarcoo takes charge of U-23 team
Ghana Football Association (GFA) has appointed former Black Queens coach Mercy Tagoe-Quarcoo to head the female U-23 national team. After spending four years with the senior team, the experienced tactician was replaced with Swiss trainer Nora Hauptle in January 2023 who has been steering the Black Queens to remarkable feats. However, the GFA has reiterated […]
The post Ex-Black
Banking & Finance
OmniBSIC Bank makes GH¢150m gain in 2023
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […]
The post OmniBSIC
Banking & Finance
Fidelity Bank reaffirms commitment to empowering women-owned businesses
Fidelity Bank, Ghana’s largest privately-owned bank, reaffirmed its commitment to empowering women entrepreneurs during the Women in Business Dialogue Series hosted by the Business and Financial Times. Nana Esi Idun-Arkhurst, Divisional Director, Retail & Business Banking at Fidelity Bank, delivered impactful insights at the event, emphasizing the importance of cultivating investor-ready businesses and Fidelity’s commitment […]
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General News
Government Assures Ghanaians Of No New Taxes
Mohammed Amin Adam In a press briefing held on Saturday, Finance Minister Mohammed Amin Adam assured Ghanaians that the government is committed to not burdening citizens with more taxes.
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The post Government Assures Ghanaians Of No New Taxes appeared
Featured
Sign the anti-gay bill if Akufo-Addo travels – Dafeamekpor tells Bawumia
South Dayi Member of Parliament Rockson-Nelson Dafeamekpor who has filed a case in court to compel the president to sign the anti-gay bill, has told the Vice President Dr Mahamud Bawumia to sign the bill if President Akufo-Addo travels and he acts as the President of Ghana. This, he said, will determine whether or not […]
The post Sign the anti-gay bill if Akufo-Addo travels –
Headlines
GFA sets guidelines for Colts Football for 2023/24 season
The Ghana Football Association (GFA) has set guidelines for the 2023/24 Colts (Juvenile) league season. Kurt E. S. Okraku, President of the Association and Chairman of the National Juvenile Committee, unveiled this initiative aimed at enhancing grassroots football nationwide on March 28, 2024. Colts clubs nationwide will designate representatives for complimentary first aid training sessions […]
The post GFA
Featured
Dumsor: I advised Akufo-Addo not to touch ESLA – Mahama
Flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has revealed that he cautioned President Akufo-Addo against tampering with the Energy Sector Levy Act (ESLA), expressing concerns that such actions could lead Ghana back into the era of ‘dumsor,’ referring to the country’s previous power crisis. Mahama made this disclosure during a meeting with […]
The post Dumsor:
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