By Joshua Worlasi AMLANU [email protected] 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 […] 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
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
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
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
By Juliet Aguiar DUGBARTEY Golden Star Wassa Ltd (GSWL), a gold mining company in Ghana and a subsidiary of Chifeng Gold has announced that its Board of Directors have appointed Mr. Carl Georg Baker-Duly as Chief Executive Officer (CEO) of GSWL. Prior to this appointment, Mr. Baker-Duly was appointed by the Executive Committee of Chifeng […] The post Golden
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
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 […] The post
Ghana’s record goal scorer, Asamoah Gyan says there was no friction between himself and Stephen Appiah to take the crucial penalty that he missed against Uruguay in the 2010 FIFA World Cup quarter-final. Gyan was a spot kick away from taking Ghana and Africa to its first-ever World Cup quarter-final in the final minute of […] The post Gyan refutes claims of penalty duty controversy
“Banking is transforming. What a bank will be in 2030 is going to be significantly different from what a bank has been for the past few hundred years.” …Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth Quickening the Pace of Digital Banking Last week we examined some critical training needs that financial institutions can help bridge […] The post
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. Read More... The post Government Assures Ghanaians Of No New Taxes appeared
The Ministry of Transport has directed the Ghana Police Service and other security agencies to arrest any commercial driver who has resorted to charging new transport fares outside the existing one, thereby, putting undue burden on commuters. In a statement signed by its Public Relations Unit and released in Accra on Sunday, April 14, 2024, […] The post Arrest
The government is under scrutiny for its handling of the co-financing agreement with the Global Fund, as revealed by Ernest Amoabeng Ortsin, the president of the Ghana HIV and AIDS network. This issue has come to the forefront following the Ministry of Health’s clearance of 14 containers of anti-retroviral drugs and TB medications at the […] The post Govt
Black Stars attacker Mohammed Kudus has snubbed all Ghanaian greats picking former Nigeria star Augustine Azuka “Jay-Jay” Okocha as his greatest African player. Despite missing out on the prestigious African Footballer of the Year during is playing days, Kudus believes, the former Fenerbahce and Paris Saint-Germain attacking midfielder. With Ghana legends like Abedi Ayew ‘Pele’ […] The post Mohammed
Zambia legend and TP Mazembe striker Rainford Kalaba has passed away following a road traffic accident on Saturday, April 13, 2024 in Kafue, a town in the Lusaka province. Many football fans and stakeholders are saddened by the tragic circumstances of his death, yet his unfortunate loss was not the only grievance for his family. […] The post Rainford Kalaba: Zambia’s 2012 AFCON winner
The nation’s march toward improved food security has received a boost with the arrival of 330 tonnes of high-yielding rice seeds, courtesy of the K-Ricebelt project, a South Korean initiative spearheaded by the Korea Partnership for Innovation of Agriculture (KOPIA). This project signifies a new sphere in agricultural development, providing an additional window amid escalating […] The post
The Ministry of Tourism, Arts, and Culture and the Ghana Tourism Authority are hopeful that the Ministry of Finance will consider providing tax reliefs in the mid-year budget review for operators in the sector following a paper they presented on the issue. According to the two entities, poised to make tourism the number one GDP […] The post Domestic tourism:
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has told the government to empower any of the commercial banks to take over the running of the ‘Gold for Oil’ porgramme. To him, any commercial bank will be able to do so if its capacity is built by the government. Dr Addison said this […] The post Empower a commercial bank to take over ‘Gold
Bryan Acheampong, Minister for Food and Agriculture THE MINISTRY of Food and Agriculture (MoFA), has said it has not approved the commercialization of the maize and soya products, which Read More... The post Govt Has Not Approved NBA Soya, Maize Seeds – MoFA
West Ham star Mohammed Kudus has expressed his admiration for Liverpool midfielder Thiago Alcantara. In an interview with Sky Sports, Mohammed Kudus admitted that he Idolised the former Barcelona and Bayern Munich midfielder growing up due to his creativity. “I liked Thiago Alcantara a lot. I love players that player with creativity and try to […] The post Mohammed
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