The Ghana Integrated Aluminium Development Corporation (GIADEC) has reached a partnership deal with Mytilineos Energy and Metals toward building an alumina refinery in the country. The agreement pertains to Project 3A, one of four projects under the Integrated Aluminium Industry (IAI) projects at Nyinahin-Mpasaaso in the Ashanti Region. Under terms of the agreement, Mytilineos – a Greek company – will spearhead the development of a […] The post
Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
An Analyst with the Economic Community of West African States (ECOWAS) and African Continental Free Trade Area (AfCFTA), Emmanuel K. Bensa, has described the exit of Burkina Faso, Mali, and Niger from the ECOWAS as an unwise decision. According to him, this is not the right time for these countries to depart from the organization […] The post Burkina-Mali-Niger
Former Pakistani prime minister Imran Khan has been sentenced to 10 years in jail in a case in which he was accused of leaking state secrets. Khan, who was ousted by his opponents as PM in 2022, is already serving a three-year jail term after being convicted of corruption. He has called all the charges […] The post Imran Khan: Pakistan former PM jailed
The US government has released the names of three troops killed by an enemy drone attack in Jordan on Sunday. Sgt William Jerome Rivers, 46, Specialist Kennedy Ladon Sanders, 24 and Specialist Breonna Alexsondria Moffett, 23 were killed when a drone hit their housing unit. The US has blamed Iranian-backed groups and the Pentagon said […] The post Three US soldiers killed in Jordan
Police have arrested five people after several bodies were found shot dead in a remote area of southern California’s Mojave Desert. Six bodies were found after a gunshot victim called 911, sending a police helicopter to the grisly crime scene. Investigators for the San Bernardino Sherriff’s Office said on Monday that the dispute appears to […] The post Police
UBA Ghana reaffirms its unwavering commitment to excellence in customer service for the year 2024 and beyond, positioning itself as a leader in the banking and financial service industry. Deputy Managing Director at UBA Ghana, Uzoechina Molokwu emphasized the bank’s dedication to prioritizing customer satisfaction and delivering outstanding banking solutions and services. Customer-centricity and product […] The post UBA
According to Zulfiqar Bukhari, spokesman for Khan’s Pakistan Tehreek-e-Insaf party, the court announced the verdict at a prison in the garrison city of Rawalpindi. Khan, who was ousted through a no-confidence vote in Parliament in April 2022, is currently serving a three-year prison sentence in a graft case. The latest development comes ahead of the […] The post Pakistan’s
Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks on the VAT on electricity, the Ministry of Finance has said. The stakeholder dialogue, as stated by the Finance Ministry in its statement dated January 30, 2024, is aimed at ensuring stakeholder buy-in. Organised Labour has kicked against the […] The post VAT
Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks on the VAT on electricity, the Ministry of Finance has said. The stakeholder dialogue, as stated by the Finance Ministry in its statement dated January 30, 2024, is aimed at ensuring stakeholder buy-in. Organised Labour has kicked against the […] The post VAT
Yemen’s rebel Houthi movement claims it launched a missile at a US warship in the Gulf of Aden on Sunday evening. Military spokesman Yahya Sarea said in a statement that the Iran-backed group’s naval forces targeted the USS Lewis B Puller, an expeditionary mobile base platform ship deployed in the region to support the US […] The post Yemen’s Houthis say they fired
A United Nations peacekeeper from Ghana has been killed alongside some civilians after clashes between rival local groups in the Abyei region on South Sudan’s border with Sudan, a U.N. statement said. According to the statement by the United Nations Interim Security Force for Abyei (UNISFA), the clashes occurred in three locations in the Abyei […] The post Ghanaian
…The Relationship Manager “Get closer than ever to your customers. So close that you tell them what they need well before they realize it themselves.”….. Steve Jobbs Dear Readers, how did you find the extracts from my first article published more than ten years ago? Funny, but its real. Its interesting that the situation is still […] The post Risk
FBNBank ended the year 2023 on an exciting note, spreading goodwill to its communities through several activities, including a donation to the Lifeline for Childhood Cancer Ghana Foundation and the Nana Saka Nkansah School Complex. These initiatives reflected the bank’s commitment to community engagement, spreading joy during the holiday season and contributing to the well-being […] The post FBNBank
Ghana, a nation facing its worst economic challenges, recently received a much-needed cushion in the form of a US$3 billion bailout approved by the International Monetary Fund (IMF). This financial support has appeared to be a critical help for Ghana’s struggling economy, particularly in the face of the shocks brought by the COVID-19 pandemic. This […] The post
China has tightened its financial industry rules as the government tries to halt a deepening sell-off in the world’s second-largest economy. Nearly $6tn (£4.7tn) has been wiped off Chinese and Hong Kong stocks since their most recent peak three years ago. The China Securities Regulatory Commission (CSRC) says the measures will create “a fairer market […] The post China
Three West African countries, Mali, Burkina Faso and Niger have announced their decision to break away from the Economic Community of West African States (ECOWAS) with immediate effect. These countries are currently led by militaries that seized power from civilian leaders. “After 49 years, the valiant peoples of Burkina Faso, Mali, and Niger regretfully and with […] The post ECOWAS
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