In April 2014, the government of Ghana borrowed $46 million from Rome-based IFAD, the International Fund for Agricultural Development, a UN body that, as its name suggests, finds money for countries to fix some of their agricultural challenges. IFAD’s loans often go to support projects targeting agro-processing, food security, improved smallholder farmer productivity, and similar […] The post How
A request filed by political activist, Oliver Barker-Vormawor to the High Court for the GHc10 million defamation suit filed against him by the National Security Minister to be struck out has been dismissed. The High Court presided over by Justice Rev Joseph Owusu-Adu Agyemang held that the application lacks merit. The court also awarded a […] The post Kan Dapaah’s defamation
A Public Sector Analyst Harry Yamson says the Ministry of Finance (MoF) and Board of Microfinance and Small Loans Centre (MASLOC) cannot be left off the hook in the case of misappropriated funds and financial loss caused to the state. His concerns follow the sentencing of former MASLOC Boss, Sedina Christine Tamakloe Attionu, and Daniel […] The post MoF, MASLOC
The White House wants US space agency Nasa to develop a new time zone for the Moon – Coordinated Lunar Time (CLT). Because of the different gravitational field strength on the Moon, time moves quicker there relative to Earth – 58.7 microseconds every day. This might not seem like much, but it can have a […] The post White House wants Moon to have its own time zone appeared first
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 […] The post
The Public Utilities Regulatory Commission (PURC) has announced that the Electricity Company of Ghana (ECG) is on course in respect of compliance with the 5 requirements under the Cash Waterfall Mechanism procedure. This is contained in a statement dated March 26, 2024, issued by the Commission and signed by its Executive Secretary, Dr Ishmael Ackah. […] The post PURC
In Akyem, the Learnership Trainee Programme has been instrumental in providing young people with the skills needed for building careers in mining. Launched in November 2015, the initiative is part of Newmont’s effort to contribute to the local community by training youth in operational and employable skills. As the programme entered its eighth (8th) year […] The post
Richard Jakpa A High Court in Accra has issued a warrant for the arrest of Richard Jakpa, the businessman who facilitated the purchase of what the Attorney General’s Office Read More... The post Ambulance Case: Arrest Warrant For Businessman appeared first
By Cina Lawson and Rory Stewart For decades, the international community has grappled with the challenge of ending extreme poverty, which is the leading Sustainable Development Goal for 2030. Despite some progress, we remain far off track, with an estimated 700 million people still struggling to survive on less than $2.15 per day. Unlike in […] The post A
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 […] The post Govt
Popular Ghanaian Socialite and musician Hajia4Real has agreed to pay over $4M to the American authorities after pleading guilty in a romance scam case. Hajia4Reall, known in real life as Mona Faiz Montrage, pleaded guilty to her involvement in laundering the proceeds of a series of romance scams. This was announced on Wednesday, February 21, […] The post Romance
The Cybersecurity Authority (CSA) has revealed that approximately 1,400 individuals and businesses in Ghana have secured accreditation since the implementation of the cybersecurity regulatory regime in March 2023. In a statement released on February 20, 2024, CSA indicated that, as of February 19, 2024, a total of 1,383 Cybersecurity Professionals (CPs), 194 Cybersecurity Service Providers […] The post Over
Social media influencer, Mona Faiz Montrage, widely known as Hajia4Reall, has pleaded guilty in a $2 million romance scam case, according to the United States Attorney’s Office website. The plea Read More... The post Hajia4Reall Pleads Guilty In $2m Romance
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 […] The post Unemployed
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 […] The post Govt’s
At least GH¢3,558,940 was lost through online shopping and romance scams out of the total losses recorded in 2023, as reported by the Cyber Security Authority (CSA). The CSA has therefore reminded the public to exercise caution and due diligence in their online activities. In a statement regarding Valentine’s Day scams issued on February 7, […] The post GH¢3.5m
The Cyber Security Authority (CSA) has asked the public to be cautious and exercise due diligence in their online activities on Valentine’s Day. In a statement issued on February 7, the Authority said malicious cyber actors used the celebration to defraud unsuspecting victims through various schemes. “Valentine’s Day is an occasion when people show their […] The post Cyber
In an initiative to improve teaching and learning at the basic school level, ASA Savings and Loans Limited through it Odorkor Branch has presented some infrastructure needs to the Odorkor ‘1’ KG and Primary School in the Ablekuma North Municipality of the Greater Accra Region. The team led by the Area Manager of the company, […] The post Odorkor
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 […] The post
Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
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