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
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
Odeneho Kwaku Appiah, also known as COKA, has made his contribution to the ongoing talks of a viable running mate to partner the New Patriotic Party (NPP) flagbearer, Dr. Mahmudu Bawumia in election 2024. The former Afigya Kwabre South Constituency Chairman, COKA, has in the past made it known that a running mate from the […] The post A/R has a candidate to partner Bawumia –COKA appeared first
Vice President and flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, led a government delegation over the weekend to pay their final respects to the late Paramount Read More... The post Bawumia Bids Sunyani Omanhene Farewell appeared first on
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
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 new Cash Reserve Ratio by the Bank of Ghana. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the […] The post Many
By Rashidatu IBRAHIM An economist and advisor on South-South Cooperation and Development Finance at the South Centre, a Geneva-based intergovernmental organisation, Yuefen Li, has urged African countries to enforce regulations that require multinational corporations to contribute a greater share of taxes for their operations within these nations. She noted that implementing such measures would serve […] The post
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has revealed that the central bank intends to hand over the Gold for Oil programme to a commercial bank to operate. This, he said, would allow for the BoG to focus on its core mandate. Asked by Buem lawmaker Kofi Adams whether this programme is […] The post Bank of Ghana seeking to hand over Gold for
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has assured the Public Accounts Committee (PAC) of Parliament that by next year the central bank will see a huge jump in its holdings of gold due to the Gold For Reserves programme. He said that the full benefits of the programme have not […] The post Governor Addison assures PAC of ‘a big jump’ in BoG’s holdings
Award-winning Ghanaian gospel singer Joseph Matthew has claimed to be the originator of Afro-Gospel music. Afro-Gospel is a vibrant blend of African rhythms and instrumentation with Christian themes. Speaking in an exclusive interview with GhanaWeekend, Joseph Matthew said,” I’m the originator of Afro-gospel music…Afro-Gospel genre never existed… When I released my first song ”Nyame Ye” […] The post I’m
Aggrieved Customers of the defunct Gold Coast Fund Management have issued an ultimatum to government to release members’ locked up funds. They have given the government up to June 30, 2024 to respond to their concerns. Over 50,000 of customers have their investments locked up following the revocation of the company’s licence by the Securities […] The post Aggrieved
Vice President Mahamudu Bawumia, who is also the flagbearer of the New Patriotic Party (NPP), has assured the Ghanaian business community of his administration’s commitment to implementing tax reforms Read More... The post Bawumia
The Ghana Union of Traders’ Association (GUTA) says the proposal by the Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, to implement a new flat tax regime along with a tax amnesty is a step in the right direction, which the Union says, will significantly boost their businesses to grow. As part of […] The post GUTA welcomes Bawumia’s proposal for tax amnesty &
Dr. Peter Partey Anti, executive director of the Institute of Education Stidies (IES) and a lecturer at the University of Cape Coast, said he was alarmed about the news of some students from Presec who staged the kidnapping of a colleague. According to the Police statement issued on April 5, six persons including two adults, […] The post Presec fake kidnap: ‘I was a bit alarmed’ – Dr. Anti first
Joy News reports that Dr. Mahamudu Bawumia has told an Easter crowd in Kwahu that if he is elected as President, his administration will “not burn excavators” seized from galamsey Read More... The post Dr. Bawumia, Please Excavators Do Not Vote! appeared first on
Fidelity Bank Ghana has been recognised by Ianmatsun Global Services at a ceremony held at the Kempinski Gold Coast Hotel for its steadfast commitment to gender equality. The bank secured a coveted spot among the top 50 employers for gender equality in Ghana and achieving the prestigious distinction of Gender Equality Champion within the banking […] The post Fidelity
Vice President Dr. Mahamudu Bawumia Vice President Dr. Bawumia wants to make Ghana a pharmaceutical hub in the West African sub-region. He has promised to do this by providing Read More... The post Bawumia Pledges Support For Pharmaceutical Industry
Vice President Dr Mahamadu Bawumia has announced plans to roll out an initiative aimed at bolstering the pharmaceutical industry in Ghana through a dedicated fund arrangement. In a meeting with members of the Pharmaceutical Society of Ghana, Dr Bawumia underscored the importance of supporting local drug manufacturers to reduce reliance on imports. The New Patriotic […] The post Bawumia
A man has been sentenced to 30 years in prison for helping an Islamist attacker who killed five people at a French Christmas market in December 2018. Audrey Mondjehi, 42, was convicted of obtaining a gun used by Cherif Chekatt, who shot and stabbed his victims in Strasbourg, north-eastern France. The pair were former prison […] The post Strasbourg shooting:
Dr. Mahamudu Bawumia with the clergy and other dignitaries at the sod cutting event The Vice President and Flagbearer of the NPP, Dr. Mahamudu Bawumia, has cut the sod Read More... The post VEEP Cuts Sod For Trinity Theological Seminary Hostel
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