Service standard concerns Freight rates standardisation Transparency and predictability By Mohammed AWAL The Chief Executive Officer (CEO) of the Ghana Shippers’ Authority (GSA), Kwesi Baffour Sarpong, has requested that shipping line charges in the sector be predictable, competitive, transparent and uniform. In his opening remarks during a meeting with the Ship Owners and Agents Association […] The post
Ghana’s second programme review with the International Monetary Fund (IMF) has entered its second week, with issues concerning tax efficiency and the avoidance of fiscal slippages in this election year dominating discussions. The IMF mission staff from Washington DC are currently in the country for a two-week assessment of the bailout package. The review also […] The post Election
Deputy Minister for Foreign Affairs and Regional Integration, Kwaku Ampratwum-Sarpong, has asserted that Ghana’s international image has not been affected following the passage of the Anti-Gay Bill. Although the Human Sexual Rights and Family Values Bill was approved by Parliament in February, it still awaits presidential assent. In an interview with Citi News, Mr. Ampratwum-Sarpong […] The post Ghana’s
The Member of Parliament for Zebilla, Cletus Avoka has expressed deep concerns regarding the insecurity situation in the Kusaug traditional area, specifically in Bawku leading up to the December polls. Cletus Avoka voiced his distress over the prevailing circumstances and cast doubt on the prospects of a free and fair electoral process in the Kusaug […] The post 2024
The Bank of Ghana (BoG) has explained how money laundering is done and the consequences of engaging in such illegal acts. In its Financial Literacy document, the Central Bank explained that money laundering is the process whereby money obtained from unlawful activities such as drug trafficking and corruption is legitimized through complex transactions and processes […] The post Sudden
When a person provides his or her legitimately or illegitimately acquired funds or assets for terrorist activities or organizations the person will be financing terrorism, the Bank of Ghana (BoG) has said. The central bank said financing of terrorism is a crime and is punishable by law therefore people should be careful they do not […] The post Becareful you do not
The Minister of the Interior, Henry Quartey has charged the Ghana Immigration Service to increase their surveillance at the borders ahead of this year’s general elections. At a working visit to the Ghana Immigration Service, Mr Quartey highlighted the need for the Officers to perform their duties professionally and protect Ghana’s territorial borders before, during […] The post Election
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the excessive subscription of government bonds. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the prolonged maturity period of […] The post Many
Robert Nii Arday Clegg, the Senior Partner at Clegg & Prempeh, a law firm in Accra-Ghana, served as a panellist at Harvard University during the Spring Reunion 2024 of Harvard Law School. The event took place from 5-6 April 2024. The Class of 2014 Symposium was on the topic, “Pathways and Pivots: Reflections on the […] The post Nii Arday Clegg speaks at Harvard appeared first on
Asante Kotoko’s struggle continued as they endured a goalless stalemate against Bechem United on Saturday, extending their winless run to five games. Despite showing signs of improvement compared to their previous four defeats, the Porcupine Warriors couldn’t secure the much-needed victory. Despite their efforts, Asante Kotoko had to settle for a point. However, their standing […] The post Bechem
Credit to the private sector by banks will continue to squeeze due to the Bank of Ghana’s high Credit Reserve Ratios (CRR). This is one of the key findings and conclusion of a research paper by banking consultant, Dr. Richmond Atuahene and data and research analyst, Isaac Kofi Agyei. The report titled ‘Thirsty Banks: Ghana’s […] The post BoG’s
By Ebenezer Chike Adjei NJOKU ([email protected]) Indigenous financial services provider, CalBank is aiming to raise GH¢600 million in fresh capital through a renounceable rights issue. This capital injection will aid the lender’s recovery from the effects of the Domestic Debt Exchange Programme (DDEP) and fuel its future growth plans. The move will offer existing shareholders […] The post
The Electricity Company of Ghana (ECG) has reiterated that there are currently no power outages, commonly known as “dumsor,” taking place in the country. According to the ECG, there is no ongoing load-shedding, despite certain reports suggesting otherwise. Demands for a load-shedding timetable have not yielded any results as both the ECG and the Minister […] The post Dumsor:
The producer price of a bag of cocoa has jumped from GH¢1,308.99 to GH¢2,070 for the 2023/2024 crop year. This translates into an increase of 58.26 per cent (%) from GH¢20, 928.00 per metric ton to GH¢33, 120.00 per metric ton. According to the Ghana Cocoa Board (COCOBOD), the new price took effect from April […] The post Unprecedented cocoa price …. From GH¢1,308.99
His Royal Majesty, Opemsuo Osei Tutu II, the Asantehene, has sealed his enthusiasm to see the 70 year old Komfo Anokye Teaching Hospital (KATH) renovated to save lives. The Ashanti Overlord has set the pace and shown leadership by example by donating a whopping $5 million (the equivalent of 660 billion old Ghana cedis or GHc66 million) […] The post Otumfuo donates $5 million towards KATH renovation
The Kumasi Metropolitan Assembly (KMA), in collaboration with Kumasi Compost and Recycling Plant Limited (KCARP), Africa’s largest compost plant, which is a subsidiary of the Jospong Group has donated 30 waste containers to the Manhyia Palace. The waste containers were jointly presented to the Palace by Mr. Francis Dwira Darko, the Metro Coordinating Director and Mr. Eugene Amo-Asamoah […] The post KMA,
Traders from Bantama Race Course and Suame markets and those from Kejetia Central and Abinkyi Markets in Kumasi have contributed a total of GHc220,000 to the Heal KATH project. While the women from Kejetia Central and Abinkyi Markets, led by Nana Yaa Foriwaa contributed GHc100,000, the Bantama Race Course and Suame market traders headed by […] The post Kumasi market women donate 220k to Heal
The Ghana Sports Movement, in collaboration with the Calvary Baptist Church of the Ghana Baptist Convention in Accra, has organised a thanksgiving service for Team Ghana following their successful Read More... The post Calvary Baptist Church
Former Kotoko coach Charles Kwablah (CK) Akonnor, has urged fans of the club to remain hopeful in current coach Prosper Narteh Ogum amidst growing concerns over poor results. The Porcupine Warriors are currently facing a challenging period, having slipped to eighth place in the Ghana Premier League standings after losing four matches and drawing one […] The post Ogum will eventually make
Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei have admonished the government to cut its expenditure by 30 per cent to effectively combat inflationary pressures. The two in a report titled, ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ raised several concerns including the government’s approach of “relying […] The post Cut
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS