Business
IMF to disburse US$360m third tranche to Ghana without creditors MoU
Mr Abebe Aemro Selassie, Director, African Department, International Monetary Fund (IMF), says Ghana will receive its next funding support from the IMF even if it is unable to sign a final debt pact with its official bilateral creditors. This means that the country would receive its third tranche of US$360 million when the IMF Board […]
Headlines
Ghana urges global leaders to establish urban resilience fund at ECOSOC Youth Forum
Ghana’s Minister for Youth and Sports, Mustapha Ussif, has called on global leaders to take decisive actions in addressing urban challenges and climate change at the ECOSOC Youth Forum in New York. Highlighting Ghana’s rapid urbanization rate, Hon Mustapha Ussif stressed the urgency of adopting innovative solutions to combat pollution and emissions. He emphasized Ghana’s […]
The post Ghana
Business
MoF, MASLOC board can’t be left off the hook in the misappropriated funds – Harry Yamson
A Public Sector Analyst Harry Yamson says the Ministry of Finance (MoF) and Board of Microfinance and Small Loans Centre (MASLOC) cannot be left off the hook in the case of misappropriated funds and financial loss caused to the state. His concerns follow the sentencing of former MASLOC Boss, Sedina Christine Tamakloe Attionu, and Daniel […]
The post MoF, MASLOC
Business
IMF deal: Addison expresses optimism that 2nd review will lead to release of 3rd tranche
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has expressed optimism that the successful second review of the programme with the International Monetary Fund (IMF) will lead to the release of the 3rd tranche. The country had already received two tranches, $600million each. The release of the third tranche would increase the total […]
The post IMF deal:
General
Govt under fire for delaying co-financing agreement with Global Fund
The government is under scrutiny for its handling of the co-financing agreement with the Global Fund, as revealed by Ernest Amoabeng Ortsin, the president of the Ghana HIV and AIDS network. This issue has come to the forefront following the Ministry of Health’s clearance of 14 containers of anti-retroviral drugs and TB medications at the […]
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Editors' picks
CECECON inaugurated to combat climate change
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 […]
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Featured
Cases of TB, malaria and HIV/AIDS on the rise due to locked up medical supplies – CSO
The Executive Director of the Africa Center for Health Policy Research and Analysis, Dr. Thomas Anaba, has disclosed that the locked-up medical supplies donated by the Global Fund have led to a surge in tuberculosis, malaria and HIV/AIDS cases. The supplies which include antiretroviral drugs for HIV/AIDS patients and mosquito nets for pregnant women have […]
The post Cases
Featured
Health crisis looms as Global Fund suspends shipments to Ghana
Ghana faces a potential health crisis after the Global Fund suspended shipments of essential medical supplies due to delays in clearing previous donations stuck at Tema Port. This includes vital antiretroviral drugs for HIV/AIDS patients. The Africa Center for Health Policy Research and Analysis (ACHPR&A) expressed grave concern over the government’s inaction in expediting the […]
The post Health
General
Ghana Epidemic Preparedness Financing Advocacy urges govt to establish Public Health Emergency Fund
The Ghana Epidemic Preparedness Financing Advocacy has urged the government to create and implement a domestic financing strategy for health emergency readiness and response. This plea is based on the essential need to strengthen the country’s Global Health Security capabilities and ensure a quick and effective response to health emergencies. On Tuesday, April 9, Mr […]
The post Ghana
Featured
Aggrieved Customers of Gold Coast Fund Management issue June 30 ultimatum to govt
Customers of Gold Coast Fund Management in the Ashanti region have issued an ultimatum to the government to return their locked-up investments or they will campaign against the party in the upcoming elections. The customers, who are agitated and frustrated, have set a deadline of June 30, 2024, for the return of their funds. In […]
The post Aggrieved
General
Laws must be enforced to win fight against waste – Green Diversity Foundation
Green Diversity Foundation, a non-governmental organisation committed to the preservation of the environment, has marked this year’s World Zero Waste Day under the theme Partnership for Sustainable Production and Consumption. The event saw school children from the Pinoko Educational Complex in attendance. The students were taken through the basic rudiments of keeping the environment clean […]
The post Laws
Featured
Ghana’s dependence on IMF, World Bank, a lazy man’s approach – IEA
Dr. John Kwakye, the Director of Research at the Institute of Economic Affairs (IEA), has criticized the Akufo-Addo government for its dependence on funds from the International Monetary Fund (IMF), World Bank, and other donor agencies to strengthen the local currency. He labelled the government’s heavy reliance on foreign aid, including Eurobonds and cocoa syndicated […]
The post Ghana’s
Editors' picks
Going green: financial institutions as champions of climate action
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
Banking & Finance
Exploration fund to serve as financial catalyst -Steven Ackah
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
Business
Energy transition affecting operations of National Oil Companies – PIAC
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
Headlines
IMF MD departs after successful 2-day visit
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, concluded her visit to Ghana on Monday, 18th March, 2024, following two days of productive engagements. Dr. Ernest Addison, Governor of the Bank of Ghana, bid farewell to the IMF MD, alongside the First and Second Deputy Governors of the bank and the IMF […]
The post IMF MD departs
Featured
Parliament threatens action against Finance Ministry over GH¢6bn Common Fund arrears
Joseph Osei-Owusu, the First Deputy Speaker of Parliament, has indicated that the House may need to confront the Finance Ministry if it does not provide clarity on its indebtedness to the District Assembly Common Fund by the conclusion of June 2024. This concern has been prompted by revelations made by Benjamin Kpodo, the Member of […]
The post Parliament
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