A professor at the University of Ghana Business School, Godfred Bokpin has described the e-levy that was introduced by the Akufo-Addo administration as backward. For him, the future of the economy and businesses is digitalization hence tax handles that affect electronic transactions should not be welcomed. “I agree with Dr Bawumia that the future is […] The post I
Samuel Dubik Mahama Samuel Dubik Mahama, the Managing Director of the Electricity Company of Ghana (ECG), has voiced concerns over the increasing frequency of load management requests made by Read More... The post ECG Boss Decries Dumsor Requests From GRIDCo appeared
A professor at the University of Ghana Business School, Godfred Bokpin has said that from all indications Ghana will go back to the International Monetary Fund (IMF) after the 17th one has ended. He says the fundamental factors that result in the country going to the Bretton Woods institution for a bailout have not been […] The post I won’t believe it if Ghana says we won’t
The Executive Director of the Africa Center for Energy Policy (ACEP) Ben Boakye has asked civil society organisations (CSOs) and Ghanaians, in general, to be vigilant and ensure that the ongoing programme with the International Monetary Fund (IMF) works for the people. To him, playing an effective watchdog role by CSOs will ensure that the […] The post IMF deal: Let’s be vigilant to
The Executive Director of the Africa Center for Energy Policy (ACEP) Ben Boakye has asked civil society organisations (CSOs) and Ghanaians, in general, to be vigilant and ensure that the ongoing programme with the International Monetary Fund (IMF) works for the people. To him, playing an effective watchdog role by CSOs will ensure that the […] The post IMF deal: Let’s be vigilant to ensure
Ghana Christian High International School (GCHIS) demonstrated brilliance in the just-ended Dunkfest at the Association International School (AIS), Airport in Accra. The school emerged tops in both the boys and girls categories in an event which saw boxing greats professor Azumah Nelson, Joseph King Kong Agbeko, former IBF Bantamweight champion, Lebanese Ambassador to Ghana and […] The post Ghana
Samuel Kweku Ocran Star Assurance Group, the parent company of Star Assurance, StarLife Assurance, Star Micro insurance, Star Health Insurance and Pensol Capital Trust, has appointed Samuel Kweku Ocran Read More... The post Star Assurance Group Has New CEO appeared first on
Executive Director of the African Centre for Energy Policy (ACEP) Benjamin Boakye has observed that the award of large-scale contracts by the government presents a huge change to the country when it comes to corruption. He explained that sole-sourced contracts make it difficult to track efficiency in government spending and also value for money. Those […] The post Sole sourcing large
Nigeria has recovered 30bn naira ($24m; £19m) as part of an ongoing corruption probe into a suspended minister, the financial watchdog says. The funds were traced to more than 50 bank accounts, it said. Humanitarian Affairs and Poverty Alleviation Minister Betta Edu was initially suspended in January over the alleged diversion of $640,000 of public […] The post Betta
The parents of a Michigan teenager who shot dead four fellow students are due to be sentenced on Tuesday, marking the end of a landmark criminal case. James and Jennifer Crumbley were both found guilty of manslaughter and each face up to 15 years in prison. Jurors found they ignored their son’s mental health needs […] The post James and Jennifer
The Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwakye, is wondering how the commercial banks are going to break even and increase lending to the private sector vis-a-vis the Bank of Ghana’s higher cash reserve requirement for commercial banks. To him, the higher cash reserve requirement for commercial banks. counterproductive […] The post How
The 13-year-old girl married to the 63-year-old Gborbu Wulomo is expected to be returned to her biological parents on Friday, April 12, 2024, according to Child Rights International (CRI). There was a public uproar when the marriage ceremony between Ga priest, Nuumo Borketey Laweh XXXIII, also known as Gborbu Wulomo, and Naa Okromo went viral. […] The post Underage
A Brazilian judge has opened an investigation of Elon Musk for obstruction of justice after the tech mogul said he would defy a court order to remove X accounts accused of spreading disinformation. In a decision on Sunday, Supreme Court Justice Alexandre de Moraes said the probe will examine whether Musk, who owns X, engaged […] The post Brazilian judge orders
Ghana’s second programme review with the International Monetary Fund (IMF) has entered its second week, with issues concerning tax efficiency and the avoidance of fiscal slippages in this election year dominating discussions. The IMF mission staff from Washington DC are currently in the country for a two-week assessment of the bailout package. The review also […] The post Election
Insurance Technology companies must develop innovative solutions to help address the challenges hampering insurance services delivery to expand insurance penetration and coverage, Acting Commissioner of Insurance, Mr Michael K. Andoh has stated. According to him, the difficulty in acquiring Police and Doctor’s report to claim insurance, accessing some remote parts of the country, affected insurance … The post ‘Develop
The Bank of Ghana (BoG) has explained how money laundering is done and the consequences of engaging in such illegal acts. In its Financial Literacy document, the Central Bank explained that money laundering is the process whereby money obtained from unlawful activities such as drug trafficking and corruption is legitimized through complex transactions and processes […] The post Sudden
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
When a person provides his or her legitimately or illegitimately acquired funds or assets for terrorist activities or organizations the person will be financing terrorism, the Bank of Ghana (BoG) has said. The central bank said financing of terrorism is a crime and is punishable by law therefore people should be careful they do not […] The post Becareful you do not
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
Star Assurance Group, the parent company of Star Assurance, StarLife Assurance, StarMicroinsurance, StarHealth Insurance and Pensol Capital Trust, has appointed Samuel Kweku Ocran as its Group Chief Executive Officer. He takes over the leadership role from Mr. Kofi Duffuor, the former Chief Executive Officer, who has served the Star Assurance Group and its subsidiaries for […] The post
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