The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […] The post Stanbic
At least 39 people have been killed in Pakistan after days of unusually heavy rains battered the country’s southwest. Some of those killed were farmers struck by lightning while harvesting wheat, authorities said. Images online show swathes of farmland engulfed by rainwater. Flash floods have also disrupted power supplies and transportation networks. Pakistan has experienced […] The post Pakistan:
Australian police have declared Monday’s stabbing at a Sydney church a religiously motivated “terrorist act”. A 16-year-old boy was arrested after a bishop, a priest and churchgoers were attacked during mass at the Assyrian Christ The Good Shepherd Church. At least four people suffered “non-life-threatening” injuries, police say. The attacker was also hurt. The incident […] The post Sydney
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
The Minister of Finance, Dr Mohammed Amin Adam, has reaffirmed that Ghana’s medium-term macroeconomic outlook and prospects remain positive and promising. He also highlighted the government’s dedication to implementing comprehensive structural reforms to bolster growth and enhance revenue mobilisation. Speaking during a joint press conference by the government of Ghana and the International Monetary Fund […] The post Ghana’s
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
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:
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
The Economic and Organised Crime Office (EOCO) has concluded its investigations into alleged organised crime in the award of contracts at the Ministry of Roads and Highways. The probe stemmed from claims made by Professor Stephen Adei, a former Rector of the Ghana Institute of Management and Public Administration (GIMPA). In October 2023, Professor Adei […] The post EOCO
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
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
There is a lack of detailed information on the African Continental Free Trade Area (AfCFTA) among women and youth in business, a situational analysis conducted by the Aya Institute for Women, Politics and Media, has found. While information about the protocol has primarily reached technical experts and businesses, women and youth in the micro, small […] The post Editorial:
…The power of exceptional customer experience “Often times consumers, clients, and customers are not just buying a product or service, they are buying an experience, a feeling, a perception, a person (YOU)” – Bernard Kelvin Clive Agyemang responded in Pidgin English, “Now the system spoil o, every small business owner thinks say dem be bossu, […] The post
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
Mali’s military junta continued to restrict political life in the country on Thursday, April 11, banning the media from reporting on the activities of political parties and associations. The country’s high authority for communication issued a statement calling on “all media (radio, television, written press and online) to halt broadcast and publication of the activities […] The post Mali:
By Kestér Kenn KLOMEGÂH China and Russia have renewed their anti-Western confrontation during high-level meeting in early April 2024 in Beijing. China demonstrates greater readiness to team up with Global South to “promote reforms in the global governance system” while Russia vehemently confronts “Western-led bloc” during talks in Beijing. But both further pledged to strengthen multilateral strategic […] The post
Ghana, Guinea, Guinea-Bissau, Gambia, Senegal, Cameroon, Uganda, and Kenya are benefiting from a South Korean developmental initiative as a swift response to the danger over food security in Africa by helping these countries to increase rice production and reduce their reliance on imports. Known as the K-Ricebelt project, it is aimed at providing small farmers […] The post
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