Fresh data from the Bank of Ghana (BoG) shows banks still favour investments in government securities over and above extending credit to the private sector, meaning that businesses have access to less purchasing power in real terms. Governor Ernest Addison, in a press briefing for the 117th Monetary Policy Committee (MPC) meetings, revealed that compared […] The post Editorial:
By Juliet Aguiar DUGBARTEY Dr. Steven Blessing Ackah, Executive Director of Ghana Gold Expo, has called for the establishment of exploration fund in Africa, particularly Ghana, to serve as a financial catalyst, enabling local individuals and entities to actively participate in exploration activities. He said the Exploration Fund should be accompanied by a strong commitment […] The post
The Member of Parliament of the Bongo constituency and member of the Mines and Energy Committee, Edward Bawa, has stated that thegovernment has not made any intervention in the energy sector of the economy. The Bongo legislator said this in an interview with Alfred Ocansey, host of TV3’s Ghana Tonight programme on Monday, March 25. […] The post Gov’t has made no intervention
Presidential Aspirant, Nana Kwame Bediako has detailed his vision for Ghana’s entertainment industry. The post We need an industrial platform to boost our entertainment sector – Nana Kwame Bediako first appeared on 3News.
John Abdulai Jinapor, ranking member on Parliament’s Mines and Energy Committee, has asserted that the next NDC government, under the leadership of John Dramani Mahama, will inherit a weakened and anemic energy sector. He said this when he appeared on TV3’s Hot Issues programme on Sunday, March 24. According to the former deputy energy minister, […] The post Mahama
Popular Ghanaian hip-hop star Medikal has said he is no longer part of AMG, a music group led by Criss Waddle. Medikal made this announcement on X but did not disclosed the motive behind his departure. “I’m no longer a member of AMG. If you see me wey you talk AMG I go fi slap […] The post Medikal parts ways with AMG appeared first on Citinewsroom
For two weeks, Tsholofelo Moloi has been among thousands of South Africans lining up for water as the country’s largest city, Johannesburg, confronts an unprecedented collapse of its water system affecting millions of people. Residents rich and poor have never seen a shortage of this severity. While hot weather has shrunk reservoirs, crumbling infrastructure after […] The post South
By Kizito CUDJOE The Public Utilities Regulatory Commission (PURC) has issued a strict directive aimed at the Electricity Company of Ghana Limited (ECG) to ensure the financial stability and operational integrity of the energy sector. The directive, issued under Sections 3 and 24 of the Public Utilities Regulatory Commission Act, 1997 (Act 538), follows ECG’s […] The post
Comedian and Actor Funny Face has said he is “tired” over the back and forth with his baby mama, Vanessa who has denied him access to their kids. The post ‘Tired’ Funny Face announces plan to relocate abroad over fights with Baby Mama first appeared on 3News.
A seasoned Nollywood actor, Amaechi Muonagor, has made a sincere appeal to Nigerians for financial support to undergo a kidney transplant in India. The post Nollywood actor Amaechi Muonagor appeals for funds to undergo kidney transplant in India first appeared on 3News.
Head of Financial Advisory & Equity Capital Markets at Stanbic Bank, Isaac Simpson, has emphasized the need for collaboration between the right stakeholders in order to form the necessary policies to accelerate sustainable finance. He made this statement at the 2024 Africa Energy Technology Conference, held at the Labadi Beach Hotel. Speaking on the topic […] The post
Nottingham Forest have been deducted four points for breaching the Premier League’s Profit and Sustainability Rules (PSR), the league announced yesterday moving the side into the relegation zone. Forest Read More... The post Nottingham
Kwaku Kwarteng, Chairman of the Finance Committee of Parliament and MP for Obuasi West has attributed Ghana’s current economic crisis to decades of reckless public expenditure and mismanagement by successive governments. In an interview with Accra-based JoyNews, the Obuasi West legislator noted that COVID-19 and Russia’s invasion of Ukraine are not solely responsible for the […] The post Kwaku
Financial analyst, Kofi Arkaah has forecasted challenges for the forthcoming government in addressing issues plaguing the energy sector. He expressed concern over Ghana’s energy sector debts and predicted that the next administration would encounter significant obstacles in various economic sectors. For several weeks, parts of the country have been grappling with erratic power supply, colloquially […] The post Financial
The Member of Parliament for Ejisu constituency, Dr. John Kumah, has generously donated GH¢120,000 towards repairing the boys’ dormitory at Ejisu Senior High Technical School. The contribution aims to swiftly address the damage caused by a recent rainstorm, ensuring minimal disruption to teaching and learning. He emphasized that he remains accessible to both constituents and […] The post John
Scores of students of the Ejisu Senior High Technical School have been displaced following a rainstorm that ripped off the roof of the boys’ dormitory on Saturday, March 1, 2024. The over 150 affected students sought shelter in classrooms on Saturday following the incident. The students were at the dining hall when the incident happened. […] The post Ejisu
The Independent Power Producers Ghana (IPPs) have issued a stark warning that the country’s power sector challenges are on the brink of exacerbation. According to the Chamber, the sector is at risk of incurring an increased debt of approximately USD$1.8 billion to the IPPs alone by the close of 2024. This escalation is attributed to […] The post Power
As digitalization continues to transform accounting practices, a business organization needs to respond and adapt to a more reliable and efficient system and application to streamline its operations. The current trend is the integration of financial management with cloud accounting software. Cloud accounting is the use of internet-based accounting software to store, process and secure […] The post
Dr. Ernest Addison, Governor of the Bank of Ghana has emphasized the pivotal role of digital technologies in shaping Africa’s future. Speaking passionately about the urgency of embracing digitization in trade and finance, Dr. Addison at the launch of the 3i Africa Summit highlighted Africa’s strengths, including a tech-savvy youth population, extensive mobile penetration, expanding […] The post
Stephen Alajemba Renowned Nollywood actor Stephen Alajemba, also known as Uwaezuoke, has shared insights into his personal journey, revealing the challenges he faced growing up due to societal perceptions Read More... The post Women Rejected Me Due To My Looks
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