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 Minister of Finance, Dr Mohammed Amin Adam, has reaffirmed that Ghana’s medium-term macroeconomic outlook and prospects remain positive and promising. He also highlighted the government’s dedication to implementing comprehensive structural reforms to bolster growth and enhance revenue mobilisation. Speaking during a joint press conference by the government of Ghana and the International Monetary Fund […] The post Ghana’s
The government is determined not to overburden Ghanaians with the payment of more taxes, Dr Mohammed Amin Adam, the Finance Minister, has assured. Rather, the government would ‘use the hard way’ to collect revenue from those who have not been paying the appropriate taxes, as well as those who have been evading taxes in the […] The post We won’t overburden Ghanaians
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
Godwin Edudzi Tameklo, the Director of Legal Directorate for the National Democratic Congress (NDC), has expressed concerns about the government’s alleged plan to rename the Ameri Power Plant as the Kumasi 1 Thermal Power Plant. The Volta River Authority in a recent Facebook post announced the commissioning of the Kumasi 1 Thermal Power Plant (K1TPP) […] The post Rebranding
In a collaborative effort to address the pressing healthcare needs of the nation, the Ministry of Finance (MOF), Ghana Revenue Authority (GRA), and Ministry of Health (MOH) have joined forces to expedite the clearance of crucial pharmaceuticals supplied through the Global Fund, from the Tema port. Amidst concerns over the delay in releasing medical supplies, […] The post MOF,
The founder and leader of the Movement for Change, Alan Kyerematen, has pledged to abolish several taxes imposed on imports that he said are unnecessary and a huge burden to the trading community. Mr. Kyerematen made the pledge in an engagement with members of the Ghana Union of Traders Association (GUTA). He said the abolishment […] The post Ghana will have
Rotary International has conferred its most prestigious fellow’s medal on the Inspector-General of Police Dr George Akuffo Dampare. The prestigious Paul Harris Fellow’s medal was conferred on the IGP during the Rotary International District 9104 Official District Conference in Kumasi which the Asantehene Otumfuo Osei Tutu attended. This recognition celebrates Dr Akuffo Dampare’s exceptional leadership […] The post Rotary
The Minister for Works and Housing, Kojo Oppong Nkrumah has tasked contractors working on the Greater Accra Resilient and Integrated Development (GARID) project to expedite construction works to mitigate the risk of flooding in the Capital during the rainy season. The Minister’s directive came in a meeting on Friday, April 12, 2024, with project coordinators […] The post Work
The Minister of Works and Housing, Kojo Oppong-Nkrumah, last Friday, April 12, 2024 convened a meeting with the Project Contractors of the Greater Accra Resilient and Integrated Development (GARID) Project. The main agenda was to assess the project’s current status and address issues hindering its progress. In his opening remarks, Mr Oppong-Nkrumah expressed gratitude to […] The post GARID
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
Former Ghana captain Asamoah Gyan has reminisced about the 2006 World Cup, acknowledging the challenge he faced against Italy, particularly against defender Fabio Cannavaro. In what marked Gyan’s debut appearance in the World Cup, he encountered one of the era’s finest defenders and struggled to break through. Reflecting on the match, he admitted, “Italy was […] The post Asamoah
The Gborbu Wulomo’s Office has issued a grave warning, threatening potential divine consequences for those impeding the release of Naa Okromo, the 16-year-old girl wedded to the Gborbu Wulomo for ceremonial purposes ahead of the Homowo festivities. Despite promises from Child Rights International that Naa Okromo would be reunited with her family on Friday, April […] The post Underage
Former Black Stars skipper Asamoah Gyan says his biggest regret in his career is missing Ghana’s crucial penalty against Uruguay in the 2010 FIFA World Cup quarter-final, eventually missing out on further making history at the world’s biggest stage. Gyan was known for his brilliance in attacking positions and his ability to score crucial goals […] The post Ex-Ghana star Gyan
Ghana’s record goal scorer, Asamoah Gyan says there was no friction between himself and Stephen Appiah to take the crucial penalty that he missed against Uruguay in the 2010 FIFA World Cup quarter-final. Gyan was a spot kick away from taking Ghana and Africa to its first-ever World Cup quarter-final in the final minute of […] The post Gyan refutes claims of penalty duty controversy
There is a lack of detailed information on the African Continental Free Trade Area (AfCFTA) among women and youth in business, a situational analysis conducted by the Aya Institute for Women, Politics and Media, has found. While information about the protocol has primarily reached technical experts and businesses, women and youth in the micro, small […] The post Editorial:
The Deputy Minister of Foreign Affairs and Regional Integration, Kwaku Ampratum-Sarpong, has affirmed Ghana’s unwavering support for Ukraine’s sovereignty and territorial integrity amidst the ongoing Russia-Ukraine conflict. He expressed that Ghana has been steadfast in its condemnation of Russia’s invasion of Ukraine, perceiving it as a violation of international standards and the core principles of […] The post Ghana
Former Black Stars striker Asamoah Gyan has made a candid admission regarding his actions during Ghana's match against Brazil in the 2006 World Cup, revealing that he intentionally dived in an attempt to deceive the referee and win a penalty. The post Asamoah Gyan admits diving offence against Brazil in 2006 World Cup first appeared on 3News
The Ministry of Transport has directed the Ghana Police Service and other security agencies to arrest any commercial driver who has resorted to charging new transport fares outside the existing one, thereby, putting undue burden on commuters. In a statement signed by its Public Relations Unit and released in Accra on Sunday, April 14, 2024, […] The post Arrest
Ghana Airports Company Limited (GACL) is undertaking comprehensive maintenance of the cooling systems within Terminal 3, KIA. The objective of the exercise is to address condensation problems which cause leakages and also enhance the efficiency of cooling systems in the terminal. The maintenance works, which will be carried out in multiple phases have been scheduled […] The post
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