International
Betta Edu probe: Nigeria recovers $24m in poverty minister investigation – EFCC
Nigeria has recovered 30bn naira ($24m; £19m) as part of an ongoing corruption probe into a suspended minister, the financial watchdog says. The funds were traced to more than 50 bank accounts, it said. Humanitarian Affairs and Poverty Alleviation Minister Betta Edu was initially suspended in January over the alleged diversion of $640,000 of public […]
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Banking & Finance
Editorial: CRR directive expected to mop up US$1.2 bn from banks
Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG). CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and foreign currency – as cash […]
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Economy
Gov’t advancing debt restructuring efforts – Fin. Minister
By Joshua Worlasi AMLANU In a comprehensive update on Ghana’s debt restructuring programme, Finance Minister Dr. Mohammed Amin Adam has highlighted the government’s ongoing efforts to restore fiscal sustainability and foster economic recovery. Speaking at a press briefing, the Minister emphasised the significance of upcoming discussions with bondholder representatives to advance restructuring engagements. “In the […]
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Business
Locked-up Investment Holders Forum to protest today
The Locked-up Investment Holders Forum will hold a protest today, Wednesday, March 27, 2024, against the Bank of Ghana (BoG). The demonstration aims to urge the central bank to address the issue of investments trapped in BoG-regulated financial entities. In a statement, Dr. Adu A. Antwi, the group’s convener, announced that participants would gather at […]
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Featured
Investment holders to protest over locked-up funds from March 27
The Locked-up Investment Holders Forum (LIHF) is set to embark on a series of public protests aimed at pressuring the Bank of Ghana (BoG) to address its concerns regarding locked-up investments. The protests are scheduled to commence on Wednesday, March 27, 2024, and will recur every two weeks until the end of November 2024, unless […]
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Celebrities
Onua FM’s Y3n Ns3mpa team teams up with Buzstop Boys to clean Ring Road
The hosts of Yen Nsempa on Onua 95.1 FM Nana Yaa Brefo and Isaac Ekow JB together with their team organized a clean-up exercise at Ring road Busy Internet with Buzstop Boys, Crusaders of Change, and Zoomlion to clean the city. On the chosen day, volunteers gathered at the designated meeting point armed with brooms, […]
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General
Govt launches Ghana Apprenticeship Programme
In a bid to address the pressing issue of unemployment and bolster the country’s development, the government has launched the Ghana Apprenticeship Programme. The initiative, supported by funding from the government of Ghana, the World Bank, and the German government, aims to revolutionize skills training and employment opportunities for Ghanaian youth. With a targeted goal […]
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Columnist
Unraveling the threads of unseasonable warmth: A climate wake-up call
By Edna OBIRI As we bask in the unexpected warmth of recent weeks, it’s crucial to recognize that our weather patterns are sending a powerful message about the state of our planet. The unseasonably warm conditions we are experiencing are no mere glitch in the meteorological system but a stark reminder that now, more than […]
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Columnist
Stepping up employee engagement to influence a customer-centric culture
– initiate and drive an internal framework supportive of customer thinking I know a utility that is constantly reneging on its services to clients in my locality, making life extremely difficult as the service disruption can last weeks. I have stopped calling the big man. Even though he was kind enough to share his contact […]
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Featured
Unemployed nurses could be trained and exported to generate funds – Akwasi Acquah
The Deputy Health Minister-designate and Member of Parliament for Akim Oda in the Eastern Region, Alexander Akwasi Acquah, has proposed a strategy to address the issue of unemployed nurses by suggesting their training and exportation to generate funds for the country. Amid concerns raised by stakeholders about health professionals leaving Ghana due to unfavourable working […]
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Featured
Govt’s Cocoa Rehabilitation Programme must be probed – Eric Opoku
The Ranking Member of the Food, Agriculture, and Cocoa Affairs Committee, Eric Opoku, is calling for a probe into the Cocoa Rehabilitation Programme launched in 2018. The legislator argues that the programme, which identifies diseased farms, cuts down affected trees, and replants them with disease-resistant cocoa varieties, among other measures, has failed, as the country […]
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Business
Kasapreko, Letshego liven up corporate bond market
The first two months of 2024 have brought with them a decent level of activity in the domestic corporate bond market, with two notable issuances by Kasapreko, the indigenous beverage manufacturer, and Letshego, a financial services provider. Data from the Ghana Stock Exchange (GSE) show that the former has successfully raised GH¢103.75million through a senior […]
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Education
The Free SHS programme: A closer look at the cost of quality education
Ghana has been lauded for its ambitious Free Senior High School (SHS) programme, aimed at making quality high school education accessible to all. Spearheaded by the government, this initiative has made substantial investments, amounting to approximately GH¢8.4billion, and has provided education opportunities to a commendable 5.7 million Ghanaians over the past seven years. However, beneath […]
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