As Ghana’s banking sector approaches the crucial milestone of publishing financial results by the end of April 2024, it’s essential to remember that these figures are not mere numbers but a measure of the health of our financial institutions, which is the backbone of our nation’s economic prosperity. Financial results of banks offer valuable insights […] The post Icebergs
The Ministry of Foreign Affairs and Regional Integration has advised Ghanaians to avoid traveling to the Gao and Ansongo regions of Northern Mali. In a statement, the Ministry disclosed that the major highways linking Mali and Niger, particularly the Gao and Ansongo Regions of Northern regions of Mali have recorded terrorist harassment of commuters who […] The post MoFA
The Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchill, has emphasized the importance of the domestic capital market as a viable and sustainable source of funding for businesses. Mr. Bentsi-Enchill said this at the issuance of Letshego’s newly established and expanded GHS 500 million bond programme at the Ghana Stock Exchange. Speaking on […] The post Domestic
Dr. Kwame Antwi Oduro, a Research Scientist has been appointed as the new Director of the CSIR -Forestry Research Institute of Ghana. He takes over from Professor Daniel A. Ofori who served for about nine years at the institute. Dr. Kwame Antwi Oduro in his acceptance speech, at the investiture at Fumesua, near Kumasi, on […] The post Antwi Oduro appointed New Director of CSIR-FORIG appeared
A member of the Movement for Change, Joseph Amoah, has issued a challenge to Vice President and Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, to name a single successful policy that he has initiated. In an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM, Amoah expressed his skepticism about Bawumia’s ability to […] The post I dare Bawumia
Founder of Movement for Change Alan Kyerematen has invited the governing New Patriotic Party (NPP) for the launch of the Alliance for Revolutionary Change at UPSA on 17th April, 2024. The Movement for Change (M4C) led by Alan Kyerematen, and the National Interest Movement (NIM), led by Dr. Abu Sakara Foster recently announced the conclusion […] The post Alan invites NPP to
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
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
By Samuel SAM In a bid to tackle climate change and its global impacts, the Centre for Culture and Environmental Conservation (CECECON), a non-governmental organisation (NGO), has been officially inaugurated at the Tamale Technical University (TaTU) in the Sagnarigu Municipality of the Northern Region. The organization aims to sensitise and advocate climate change awareness, in […] The post
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
The Economic Fighters League says it has been closely monitoring recent developments within the political landscape as prominent figures from the establishment defect to forge alliances with other movements, all aimed at challenging the entrenched dominance of the New Patriotic Party and the National Democratic Congress. The Fighters said they extend a warm welcome to […] The post 2024
Nana Ohene Ntow, a prominent member of Alan Kyerematen’s Movement for Change, has declared that Ghana is currently facing a dire state of emergency. He asserts that the country’s present challenges demand urgent attention, prompting voters to seriously consider Alan Kyerematen’s proposed solutions and vote for him. His remarks follow the recent alliance forged between […] The post Nana
Independent presidential candidate Alan John Kyerematen has announced a strategic partnership with the National Interest Movement, led by former Convention People’s Party (CPP) flagbearer Abu Sakara, ahead of the 2024 elections. This collaboration, operating under the banner ‘Alliance for Revolutionary Change (ARC),’ was unveiled through a statement released on Thursday, April 4, 2024. In the […] The post 2024
In 2024, the football world bids farewell one of its most intense and celebrated managerial rivalries as Jürgen Klopp and Pep Guardiola step away from their respective helms at Liverpool and Manchester City. This end of an era marks the culmination of a dynamic competition that not only defined the Premier League but also reshaped … The post The End of an Epic Football Rivalry: Klopp
The Ministry of Foreign Affairs and Regional Integration has announced upward adjustments in its fees and charges for services effective Monday April 1, 2024. The Ministry in a statement clarified that this decision aligns with the 2023 fees and charges regulations, L.I.2481. “The Ministry of Foreign Affairs and Regional Integration wishes to inform its valued […] The post New
A young Ghanaian lady based in the US has taken a swipe at the Ghana Embassy in New York City for unprofessionalism in the discharge of their duty. In a thread posted on her X profile with the username Yaa Tabby, she narrated her ordeal at the Ghana embassy when she went to the embassy […] The post Ghana Embassy in New York faces backlash for unprofessionalism first appeared on
By Ebenezer Chike Adjei NJOKU [email protected] The Ghana Stock Exchange (GSE) is pushing for the reinstatement of the capital gains tax exemption on listed securities, with Managing Director Abena Amoah confident it would deepen investor participation and solidify the bourse’s gains. She believes the tax break, coupled with tax incentives for listing companies, would significantly […] The post
By Kenneth AMPONSAH Are banks prepared to lead the way in climate action amidst the crisis caused by climate change pandemics and conflict? In this article, I seek to point out some key initiatives and guidance that we as banks can initiate to support this agenda. But before we dive into the world of green […] The post Going green: financial institutions
Professor John Gatsi, economist and Dean of the University of Cape Coast Business School, has maintained that the indicative exchange rate used by the Bank of Ghana (BoG) is not reflective of the cost structure of business in the country. According to the central bank, the cedi depreciated at 6.8 percent against the US dollar […] The post Relative
The Public Interest and Accountability Committee (PIAC) has stated that the global shift towards sustainable energy sources is putting National Oil Companies (NOCs) under significant pressure. According to PIAC, factors such as climate change awareness, energy security needs, and advancements in renewable technologies, are challenging the traditional oil and gas industry. PIAC in its latest […] The post Energy
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