but faster and more equitable growth needed to reduce poverty Increased private consumption and declining inflation are supporting an economic rebound in sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt service obligations, frequent natural disasters and escalating conflict and violence, according to the World Bank’s latest Africa’s Pulse […] The post
Drivers at the Sparna Junction, Tema Motorway Branch of the Ghana Private Road Transport Union (GPRTU) are urging the Ledzokuku Municipal Assembly to permit them to establish a dedicated transport station for passengers along the route in a bid to improve road safety and combat congestion. The proposed station aims to prevent drivers from parking […] The post GPRTU:
The Assemblywoman for Old Estate East Electoral Area in the New Juaben South Municipality of the Eastern Region, Rebecca Oforiwaa Darko popularly known as Abena Payaase, has formed a community watchdog committee to fight crime in the area. The community watchdog committee, which was jointly formed with the Koforidua Central Police Command, is to aggressively […] The post Assembly
By Ama Kudom-Agyemang Obviously, the realisation of about three-quarters of the world’s population having access to safe water sources, is a major attainment by the international community. However, this achievement cannot be overly celebrated. This is because, as the world celebrated this year’s World Water Day (WWD) on Friday, 22nd March, a whooping 2.2 billion […] The post Reflections
Flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has revealed that he cautioned President Akufo-Addo against tampering with the Energy Sector Levy Act (ESLA), expressing concerns that such actions could lead Ghana back into the era of ‘dumsor,’ referring to the country’s previous power crisis. Mahama made this disclosure during a meeting with […] The post Dumsor:
Popular Ghanaian comedian, Funny Face, has been granted bail after being remanded into police custody following a tragic accident. The Kasoa District Court granted him bail in the sum Read More... The post Funny Face Granted GHC120,000 Bail appeared first on DailyGuide
Arsenal’s hopes of advancing in the Champions League face uncertainty following a hard-fought 2-2 draw against Bayern Munich in the first leg of the quarter-finals at Emirates Stadium. Despite a tense atmosphere fueled by the return of Tottenham’s record goalscorer Harry Kane, Arsenal took an early lead with Bukayo Saka’s clinical finish just 12 minutes […] The post Arsenal
Nigeria’s Economic and Financial Crimes Commission (EFCC) has recovered 30 billion naira ($24 million; £19 million) as part of an ongoing corruption probe into a suspended minister for Humanitarian Affairs and Poverty Alleviation, Betta Edu. The EFCC revealed that the funds were traced to more than 50 bank accounts. Humanitarian Affairs and Poverty Alleviation Minister […] The post Nigerian
The U-19 side of Fenerbahce made a bold statement during the Turkish Super Cup final against arch-rivals Galatasaray, walking off the pitch just one minute into the game in protest against alleged unfair treatment by football authorities. The match, which took place amidst Fenerbahce’s preparations for a crucial Europa Conference League quarter-final clash against Olympiakos, […] The post Fenerbahce
Ghana does not need the Special Drawing Rights (SDR) of the International Monetary Fund (IMF) for economic growth, an economist Dr John Kwakye has said. In the view of the Director of Research at the Institute of Economic Affairs (IEA), Ghana can develop by relying on its natural resource wealth. “We don’t need any SDRs […] The post Economist
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
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
Dreams FC are two steps away from earning a whopping $2 million in the CAF Confederation Cup. The Still Believe boys beat Stade Malien 3-2 on aggregate on Sunday at the Baba Yara Sports Stadium in Kumasi to book their first-ever semi-final appearance in the competition. For this achievement, the Ghanaian side is guaranteed an […] The post Dreams FC in line for $2 million jackpot
Dreams FC are into the semifinals of the CAF Confederation Cup and have a clash against Egyptian giants Zamalek. In this match, they will surely be the underdogs, but they are one of those underdogs who make this game more beautiful. If we talk about the journey of Dreams then that is nothing but a […] The post Dreams FC vs Zamalek: Can underdogs continue fairy tale
Eight members of a Ugandan music band have been arrested for complaining that the president's speech at the weekend was too long, local media report. The post 8 band members arrested for ‘insulting’ Ugandan President, Museveni first appeared on 3News.
Manchester City manager Pep Guardiola anticipates a determined Real Madrid seeking revenge following their comprehensive defeat in last season’s Champions League, where City triumphed 5-1 on aggregate in the semi-finals. Despite their previous success, Guardiola acknowledges the challenge Real Madrid presents in Tuesday’s quarter-final first leg, emphasizing that replicating such a result is improbable. “Beating […] The post Real
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
Dreams FC’s remarkable journey in the CAF Confederation Cup reached new heights as they stunned Stade Malien to secure a historic semifinal berth, with coach Abdul Karim Zito attributing their success to being underestimated by their opponents. The Ghana FA Cup champions delivered a stunning performance, clinching a 3-2 aggregate victory over Stade Malien by […] The post ‘They
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