The head of Israel’s military has said the country would respond to Iran’s weekend attack as several Western countries urged Israel to avoid an escalation of the conflict in the Middle East. Prime Minister Benjamin Netanyahu summoned his war cabinet for the second time in less than 24 hours on Monday over Iran’s missile and […] The post Israel
By Joshua Worlasi AMLANU [email protected] Finance Minister Dr. Mohammed Amin Adam has assured that government is pushing forward with its debt negotiations, determined to reach an agreement with its creditors that is acceptable to all parties while staying within the sustainability targets of its IMF-supported economic programme. Ghana is aiming to cut US$10.5billion from its […] The post
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
The United Nations has called on Iran and Israel to show restraint, with the threat of a full-scale direct conflict between the pair looming over the Middle East. Secretary-General Antonio Guterres warned the adversaries at an emergency meeting of the UN Security Council on Sunday not to further escalate tension in the region with further […] The post UN
Donald Trump will set foot in a New York courthouse on Monday and become the first former US president to stand trial in a criminal case. He is accused of falsifying his business records to disguise a hush-money payment made to Stormy Daniels, a former adult film star, shortly before the 2016 election. Mr Trump, […] The post Donald Trump’s historic hush-money
Dr Mohammed Amin Adam, the Minister of Finance, has outlined key performance indicators that led to the successful completion of the Second Review by the International Monetary Fund (IMF). On Saturday, April 13, 2024, the IMF disclosed that it had reached a staff-level agreement on the second review of the extended credit facility with Ghana. […] The post IMF
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:
The Minister for Finance, Dr Mohammed Amin Adam has stated that the effective implementation of the programme with the International Monetary Fund (IMF) is yielding some good results. He says the country is now witnessing relative macroeconomic stability and seeing signs of economic recovery. Speaking at a joint IMF, Ministry of Finance, Bank of Ghana, […] The post Govt
Victor Manuel Rocha, a former United States diplomat, has been sentenced to 15 years in prison after admitting to acting as an agent of Cuba, in what the US Department of Justice has called one of the highest-reaching and longest-lasting infiltrations of the US government. According to US prosecutors, Rocha secretly supported Cuba’s governing Communist […] The post Former
April 13, 2024 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will […] The post Full
Dreams FC coach Karim Zito has advised supporters of Asante Kotoko to abandon hopes of winning the Ghana Premier League this season. Zito spoke after his side secured a 2-0 victory over the Porcupine Warriors on Sunday, with goals from Sylvester Simba and Derrick Atta Agyei. Sunday’s defeat marked Kotoko’s seventh loss in their last […] The post Karim Zito tells Kotoko to forget GPL
Christabel DANSO ABEAM Tree Crops Development Authority (TCDA), under the Ministry of Food and Agriculture (MOFA), will host the sixth Council of Ministers’ Conference of the Consultative International Cashew Council (CICC) from April 16th to April 20th, 2024. The conference aims to bolster the development of the cashew sector and foster economic and social growth […] The post
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
Fidelity Bank, Ghana’s largest privately-owned bank, reaffirmed its commitment to empowering women entrepreneurs during the Women in Business Dialogue Series hosted by the Business and Financial Times. Nana Esi Idun-Arkhurst, Divisional Director, Retail & Business Banking at Fidelity Bank, delivered impactful insights at the event, emphasizing the importance of cultivating investor-ready businesses and Fidelity’s commitment […] The post
“Banking is transforming. What a bank will be in 2030 is going to be significantly different from what a bank has been for the past few hundred years.” …Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth Quickening the Pace of Digital Banking Last week we examined some critical training needs that financial institutions can help bridge […] The post
Mohammed Amin Adam In a press briefing held on Saturday, Finance Minister Mohammed Amin Adam assured Ghanaians that the government is committed to not burdening citizens with more taxes. Read More... The post Government Assures Ghanaians Of No New Taxes appeared
Dreams FC added to the struggles of Asante Kotoko on Sunday by handing them a 2-0 defeat at Dawu Park in the 26th round of matches in the 2023/24 Ghana Premier League. Silvester Simba opened the scoring for Dreams FC in the 25th minute, putting them in the lead. Despite Kotoko’s efforts to equalise before […] The post Dreams extend Kototo’s nightmare in Dawu first appeared on
In the realm of US-Africa economic relations, the African Growth and Opportunity Act (AGOA) stands as a pivotal legislation designed to foster trade and investment between the United States and eligible Sub-Saharan African countries. Since its inception in 2000, AGOA has sought to support economic growth and sustainable development by providing duty-free access to the […] The post Assessing
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