Fiscal space, in its simplest form, is the capacity of governments to adjust their revenue and expenditure policies to overcome economic shocks and foster growth. It is a precarious balance between short-term responsiveness and long-term prudence. It is essential to realise that fiscal space is not an abstract concept. It is tangible and can be created through […] The post
Aggrieved customers of the now-defunct Gold Coast Fund Management Limited are expressing concern about the delay in the commencement of work by the parliamentary ad hoc committee tasked with investigating issues related to their frozen funds. The committee, established by Speaker of Parliament Alban Bagbin on December 6, 2023, with a 3-month timeframe for the […] The post Gold
A few days ago, I participated in the Central Conference on Work Relating to Foreign Affairs in Beijing, China. The conference pointed out the direction for China’s futural diplomatic work and the development of China-Africa relations. I would like to take this opportunity to introduce to my Ghanaian friends the guiding principles of the conference […] The post Toward
Tullow Ghana led the pack at the maiden Chartered Institute of Supply Chain Management (CISCM) Awards held over the weekend in Accra. The company took home five prestigious honours on the night, including the Supply Chain Organisation of the Year and CISCM Woman of the Year for Supply Chain Manager, Otuko John-Teye. The company also […] The post Tullow steals show at maiden
Old Mutual Ghana, a leading insurance company, has paid a courtesy call on Ghana’s Financial Intelligence Center (FIC) to reinforce their commitment to ensuring the integrity of Ghana’s financial system. The purpose of the visit was, among other things, to address key issues regarding Old Mutual’s collaboration with the FIC and shed light on their […] The post Old
Showmax is relaunching in February 2024 with a brand-new look, new app, and entirely new product suite. This comes after the announcement of the partnership between MultiChoice and international media heavyweight Comcast’s NBCUniversal and Sky last year. In February, the streamer will be releasing a record 21 Showmax Originals from four African countries, a revamped […] The post
Building contractors have been urged to embrace innovation and resilience in order to navigate the challenges of the business environment. Mr Prosper Yao Ledi, President of the Association of Building and Civil Engineering Contractors of Ghana (ABCECG), emphasised the need for innovative approaches to sustain operations amid ongoing economic constraints. Mr Ledi, who stated this …
Access Bank Plc has announced the completion of its acquisition of African Banking Corporation Zambia Limited, trading as Atlas Mara Zambia (“Atlas Mara”), after obtaining all requisite regulatory approvals. Atlas Mara is now a wholly-owned subsidiary of Access Bank Zambia. Following this regulatory milestone, the two banks will continue to operate separately until all integration-related …
Kwabena Okyere Darko-Mensah (4th from right) with some with the visitors Western Regional Minister, Kwabena Okyere Darko-Mensah has appealed to investors to take full advantage of expansion works currently Read More... The post WR Minister Woos Investors appeared first on DailyGuide
A Samsung official Samsung Electronics has announced it will host Unpacked, an event to unveil its latest premium Galaxy innovations, providing an all-new mobile experience powered by AI. Slated Read More... The post Samsung To Host Galaxy Unpacked 2024 appeared first on
Comoros will vote in an election on Sunday that is expected to deliver a fourth term to President Azali Assoumani, a former military officer whose opponents accuse him of muzzling dissent in the Indian Ocean archipelago nation. Nearly 340,000 people are eligible to vote in the country of fewer than one million people. Assoumani, 65, […] The post Comoros President seeks fourth term in
Taiwan has condemned China for what it called intimidation of its citizenry and attempts to influence the island’s elections on Saturday. On Thursday, Taiwan’s Foreign Minister Joseph Wu criticised China’s “repeated interference” in the upcoming polls, lambasting Beijing for “once again blatantly intimidating the Taiwanese people and the international community”. The elections “are in the […] The post Taiwan
Iran has seized a Marshall Islands-flagged oil tanker in the Gulf of Oman, state media reports. Armed men wearing masks have reportedly boarded the vessel St Nikolas, close to the Omani port of Sohar, and ordered it to sail to an Iranian port. It is unclear why the tanker has been targeted. The St Nikolas […] The post Iran seizes oil tanker near Oman -reports appeared first on The
Zenith Bank (Ghana) Limited has opened a new branch in one of the busiest districts in Accra, Madina. The branch which is the 41st business location to be opened by the Bank since its establishment in 2005 would serve the people of Madina and its surrounding communities. The new branch opening is in line with […] The post Zenith Bank opens new branch at Madina appeared first on
Israel’s plan to “destroy” Gaza comes from “the highest level of state”, the UN’s top court has heard. The claims were made by South African lawyers as it presented its case accusing Israel of genocide at the International Court of Justice. South Africa also called on the court to order Israel to cease military operations […] The post Israel officials
Two Russian missiles have struck a hotel in Ukraine’s second-largest city, Kharkiv, injuring 11 people, the Kharkiv governor says. Photos from Ukraine’s State Emergency Service showed the hotel heavily damaged and firefighters at the scene. Governor Oleh Synehubov said the injured included Turkish journalists. Two S-300 missiles struck at about 22:30 (20:30 GMT), he said. […] The post Russian
The government has announced that it has reached an agreement with its Official Creditors in restoring debt sustainability in line with the International Monetary Fund (IMF) programme targets. The government is seeking to secure the 2nd tranche of the IMF bailout after securing the 1st tranche in 2023. The government embarked on a Domestic Debt […] The post IMF
The country’s year-on-year inflation rate fell to 23.2 per cent in December 2023 from 26.4 per cent in November 2023, the lowest in thirteen months, the Ghana Statistical Service (GSS) has announced. After hitting 54.1 per cent in December 2022, the country’s inflation rate had been falling to the current rate of 23.2 per cent. …
The Ministry of Finance in a recent development has announced that the government will be imposing Value Added Tax (VAT) on a specific section of electricity consumers in the Read More... The post Gov’t Introduces
A comprehensive digital solution to address the challenge of ‘Ghost’ names and delays in the payment of salaries of newly enrolled Government staff on the National Payroll System has been launched by Vice President Bawumia in Accra. The system involves the linkage of the Government of Ghana (GOG) National Mechanized Payroll Database of the Controller […] The post Bawumia chases ‘Ghosts’ on gov’t
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