Talented Ghanaian-American basketball player, Ashley Owusu has achieved a significant milestone by being drafted into the prestigious Women’s National Basketball Association (WNBA). Her journey to this point was marked by a stellar career in college basketball that caught the attention of WNBA scouts. Initially making her mark in women’s basketball through her time at the […]
Paris Saint-Germain secured a spot in the Champions League semifinals by defeating Barcelona 4-1 in a thrilling match. Despite initially trailing in the first leg, PSG’s resilience and a red card for Barcelona’s Ronald Araujo turned the tide in their favor. Kylian Mbappé’s brace, along with goals from Ousmane Dembélé and Vitinha, propelled PSG to […]
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […] The post Stanbic
At least 39 people have been killed in Pakistan after days of unusually heavy rains battered the country’s southwest. Some of those killed were farmers struck by lightning while harvesting wheat, authorities said. Images online show swathes of farmland engulfed by rainwater. Flash floods have also disrupted power supplies and transportation networks. Pakistan has experienced […] The post Pakistan:
Australian police have declared Monday’s stabbing at a Sydney church a religiously motivated “terrorist act”. A 16-year-old boy was arrested after a bishop, a priest and churchgoers were attacked during mass at the Assyrian Christ The Good Shepherd Church. At least four people suffered “non-life-threatening” injuries, police say. The attacker was also hurt. The incident […] The post Sydney
The head of Israel’s military has said the country would respond to Iran’s weekend attack as several Western countries urged Israel to avoid an escalation of the conflict in the Middle East. Prime Minister Benjamin Netanyahu summoned his war cabinet for the second time in less than 24 hours on Monday over Iran’s missile and […] The post Israel
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
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
Dr. Rashid Pelpuo, Member of Parliament for the Wa constituency and a key figure in the National Democratic Congress (NDC), engaged some members of the NDC Norway branch in Oslo to discuss critical national issues concerning Ghana’s economy and national politics. The meeting, held on the sidelines of the United Nations conference on Parliamentarians, focused […] The post NDC
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 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
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
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
The Government is seeking to plug the revenue gap created as a result of the abandoned VAT on electricity with a tax on the foreign incomes of resident Ghanaians. At the beginning of the year, the government introduced a value-added tax on electricity, however, it was forced to abandon the initiative following a public backlash. […] The post Govt
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
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
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