Investors’ demand for Treasury bills (T-bills) fell by 43 percent, marking the market’s first under-subscription in 17 consecutive weeks. This marks a shift from the strong investor demand that had characterised the market throughout 2024, particularly by banks seeking safety at the shorter end of the market, following the domestic debt exchange programme (DDEP) and […] The post Editorial:
Francis-Xavier Sosu, the Member of Parliament for Madina, has criticized the union between a 63-year-old Ga priest and a 13-year-old girl, describing it as “condemnable”. The Ga priest, Nuumo Borketey Laweh XXXIII, also known as Gborbu Wulomo, faced significant backlash when a video of his wedding ceremony with the young girl, Naa Okromo, became public. […] The post Gborbu
The Chairman of the Energy Committee of Parliament, Samuel Atta Akyea, has disclosed that President Akufo-Addo has directed the Volta River Authority to reduce the export of electricity to neighbouring countries in response to the ongoing intermittent power outages, commonly known as ‘dumsor’. “The President is on top of the issues and I am even […] The post Dumsor:
John Dramani Mahama, the Flagbearer of the National Democratic Congress (NDC), has outlined his intentions to implement import restrictions on specific essential commodities should he emerge victorious in the December elections. According to available data, imports of goods and services currently contribute approximately 40 percent to the country’s Gross Domestic Product (GDP). During a stakeholder […] The post I’ll
At the maiden edition of the Women in Business Dialogue series organised by the Business and Financial Times and held in Accra, the Sector Head, SME & Retail Banking at Zenith Bank, Gloria Cabutey-Adodoadji, urged businesswomen to leverage on the golden opportunities of the African Continental Free Trade Area (AfCFTA) agreement to expand their reach […] The post Zenith
The Majority in Parliament has defended the government’s recent decision to increase passport fees. According to the group, the subsidy of passport fees by 400 Ghana Cedis should not solely benefit the 20% of Ghanaians who require passports for travel, as it is not equitable. The Ministry of Foreign Affairs and Regional Integration announced the […] The post Majority
Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG). CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and foreign currency – as cash […] The post Editorial:
The Independent Power Generators Ghana (IPGG) has commended President Akufo-Addo regarding his directive to the Volta River Authority to halt the exportation of electricity to neighbouring nations such as Togo and Burkina Faso. The group acknowledged that while this suspension may not completely resolve the current energy crisis, it will certainly provide some relief and […] The post Dumsor:
Nine individuals have so far picked up forms to contest the New Patriotic Party (NPP) parliamentary primary for the Ejisu constituency since the party opened nominations on Tuesday, April 2, 2024. The NPP has scheduled the election of a Parliamentary Candidate for the constituency for Saturday, April 13, 2024, following the passing of the Member […] The post Ejisu
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
The GaDangme Council has clarified that the relationship between a traditional ga priest and the 12-year-old girl is just a betrothal and not a marriage. Nuumo Borketey Laweh XXXIII, the 63-year-old Gborbu Wulomo, received criticism when a video surfaced online showing him in a marriage ceremony with a 12-year-old girl, Naa Okromo. The traditional ceremony, […] The post Gborbu
The Paediatric Society of Ghana (PSG) has condemned the marriage ceremony between a 63-year-old Ga priest and a 12-year-old girl. Nuumo Borketey Laweh XXXIII, the Gborbu Wulomo, faced backlash when a video of him marrying a 12-year-old girl, Naa Okromo, appeared online. The traditional marriage ceremony, which drew a crowd, occurred on Saturday, March 30, […] The post Paediatric
By Christabel DANSO ABEAM The Divisional Director of Retail and Business Banking at Fidelity Bank, Nana Esi Idun-Artkhurst, has outlined essential strategies to prepare women-owned businesses for investment. She stated that a crucial factor determining a business’ creditworthiness is the owner’s discipline and commitment to maintaining accurate bookkeeping records. Expanding further, Ms. Idun-Artkhurst noted that […] The post
By Ngozi OKONJO-IWEALA Taking place in challenging and uncertain times, the World Trade Organization’s 13th Ministerial Conference in Abu Dhabi produced mixed results: a few successes, but also some disappointments. By contrast, the previous ministerial conference, held in June 2022, concluded with the adoption of numerous multilateral agreements and decisions, giving the WTO a temporary […] The post
Nana Serwah Godson-Amamoo, a prominent lawyer and partner at AB & David Africa, has tragically died in Dubai, United Arab Emirates. Reports indicate that she complained of feeling unwell just moments before a planned scuba diving expedition. She collapsed and passed away after undergoing training for the activity, Asaaseradio.com reports. Godson-Amamoo was a distinguished figure […] The post
In a move to support the ongoing renovation of the Komfo Anokye Teaching Hospital (KATH), the Vice President Dr. Mahamudu Bawumia has stepped in to facilitate the clearance of critical construction materials from the Tema Harbour. The consignment, comprising imported tiles essential for the project, had been held up at the port accruing demurrage and […] The post Bawumia
In a move to support the ongoing renovation of the Komfo Anokye Teaching Hospital (KATH), the Vice President Dr. Mahamudu Bawumia has stepped in to facilitate the clearance of critical construction materials from the Tema Harbour. The consignment, comprising imported tiles essential for the project, had been held up at the port accruing demurrage and […] The post Bawumia
The Nungua Traditional Council has stated that Naa Yoomo Ayemuede, the spouse of Gborbu Wulomo of Nungua, Nuumo Borketey Laweh Tsuru XXXIII, is currently 16 years old, and not 12 as previously reported. This statement contradicts the age of 13 given by the Mankralo of the Nungua traditional area in an interview with Bernard Avle […] The post Nungua
President Nana Addo Dankwa Akufo-Addo has reassigned the Deputy Minister for Trade and Industry and Member of Parliament for Nhyiaeso, Hon. Stephen Amoah, as Deputy Minister for Finance. Hon. Stephen Amoah, until his redesignation, was the Deputy Minister for Trade and Industry. He takes over from the late Hon. John Kumah, who passed away on […] The post Akufo-Addo
A tragic incident unfolded at Gomoa Budumburam as a pregnant woman lost her life and her two-year-old son is in critical condition after her house was demolished during a mass demolition exercise. The mother, identified only as Serwaa, tragically lost her life after being rushed to St Gregory Hospital, while her son fights for his […] The post Gomoa
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