Ghana has been eliminated from the 2024 Futsal Africa Cup of Nations after a defeat to Angola on Monday night. Ghana faced Angola in a must-win match looking to give themselves a chance of progressing from the group stage but However, ended up on the losing side once again as they lost 11-3. Angola entered […] The post Futsal AFCON 2024: Ghana exits competition after losing to
Stanbic Bank Ghana, a subsidiary of the Standard Bank Group, has signed a Memorandum of Understanding (MOU) with the Ghana Medical Association (GMA) aimed at offering tailor-made financial solutions to members of the GMA. Speaking at the MOU signing ceremony at Stanbic Heights in Accra, Kwamina Asomaning, Chief Executive of Stanbic Bank said health is […] The post
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
The Minister of Finance, Dr Mohammed Amin Adam, has reaffirmed that Ghana’s medium-term macroeconomic outlook and prospects remain positive and promising. He also highlighted the government’s dedication to implementing comprehensive structural reforms to bolster growth and enhance revenue mobilisation. Speaking during a joint press conference by the government of Ghana and the International Monetary Fund […] The post Ghana’s
The government is determined not to overburden Ghanaians with the payment of more taxes, Dr Mohammed Amin Adam, the Finance Minister, has assured. Rather, the government would ‘use the hard way’ to collect revenue from those who have not been paying the appropriate taxes, as well as those who have been evading taxes in the […] The post We won’t overburden Ghanaians
The United Nations has called on Iran and Israel to show restraint, with the threat of a full-scale direct conflict between the pair looming over the Middle East. Secretary-General Antonio Guterres warned the adversaries at an emergency meeting of the UN Security Council on Sunday not to further escalate tension in the region with further […] The post UN
Donald Trump will set foot in a New York courthouse on Monday and become the first former US president to stand trial in a criminal case. He is accused of falsifying his business records to disguise a hush-money payment made to Stormy Daniels, a former adult film star, shortly before the 2016 election. Mr Trump, […] The post Donald Trump’s historic hush-money
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
Iran has seized a commercial ship with links to Israel as it passed through the Strait of Hormuz early on Saturday. The MSC Aries was boarded by Iranian special forces about 50 miles (80km) off the coast of the United Arab Emirates, a statement from the vessel’s operator MSC said. Footage obtained by Reuters news […] The post Iranian troops seize Israel-linked ship appeared first on The
One person has been killed and 10 others injured after a cable car cabin collided with a broken pole and burst open in southern Turkey. Passengers plummeted to the ground following the crash on Friday evening after the supporting pylon collapsed near Antalya. The whole cable car system was immobilised while emergency workers tried to […] The post Dozens stranded, ten injured, one
US President Joe Biden has condemned the Iranian drone attacks on military facilities in Israel, reiterating Washington DC’s “ironclad” support and a coordinated Group of Seven (G7) diplomatic response, even as reports started to emerge that he is also seeking to de-escalate the situation. Biden cut short a trip to Delaware and returned to the […] The post Biden vows US support for Israel
The Ministry of Finance and the Bank of Ghana have shown a steadfast commitment to a set of policies right from the beginning of the implementation of the $3 billion programme with the International Monetary Fund (IMF) under very difficult circumstances, Governor of the central bank, Dr Ernest Addison has said. He stated that they […] The post $3bn deal: We are beginning
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has expressed optimism that the successful second review of the programme with the International Monetary Fund (IMF) will lead to the release of the 3rd tranche. The country had already received two tranches, $600million each. The release of the third tranche would increase the total […] The post IMF deal:
The Minister for Finance, Dr Mohammed Amin Adam has stated that the effective implementation of the programme with the International Monetary Fund (IMF) is yielding some good results. He says the country is now witnessing relative macroeconomic stability and seeing signs of economic recovery. Speaking at a joint IMF, Ministry of Finance, Bank of Ghana, […] The post Govt
Victor Manuel Rocha, a former United States diplomat, has been sentenced to 15 years in prison after admitting to acting as an agent of Cuba, in what the US Department of Justice has called one of the highest-reaching and longest-lasting infiltrations of the US government. According to US prosecutors, Rocha secretly supported Cuba’s governing Communist […] The post Former
Somali pirates have released a Bangladesh-flagged vessel and its 23-member crew after a ransom was reportedly paid. The MV Abdullah was carrying coal from Mozambique to the United Arab Emirates (UAE) when it was hijacked off Somalia’s coast about a month ago. The pirates alleged that they received $5m (£4m), but there is no independent confirmation […] The post Somali pirates free
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring program, 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
The Economic and Organised Crime Office (EOCO) has concluded its investigations into alleged organised crime in the award of contracts at the Ministry of Roads and Highways. The probe stemmed from claims made by Professor Stephen Adei, a former Rector of the Ghana Institute of Management and Public Administration (GIMPA). In October 2023, Professor Adei […] The post EOCO
April 13, 2024 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will […] The post Full
Christabel DANSO ABEAM Tree Crops Development Authority (TCDA), under the Ministry of Food and Agriculture (MOFA), will host the sixth Council of Ministers’ Conference of the Consultative International Cashew Council (CICC) from April 16th to April 20th, 2024. The conference aims to bolster the development of the cashew sector and foster economic and social growth […] The post
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