The Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchill, has emphasized the importance of the domestic capital market as a viable and sustainable source of funding for businesses. Mr. Bentsi-Enchill said this at the issuance of Letshego’s newly established and expanded GHS 500 million bond programme at the Ghana Stock Exchange. Speaking on […] The post Domestic
Caveman Watches, renowned for its luxury timepieces blending elegance with rugged durability, has unveiled an exciting global project dubbed ‘Take on the World’ in partnership with NFL powerhouse and Ghanaian descent, Jeremiah Owusu-Koramoah. The project, spearheaded by the brand’s Global Ambassador, Jeremiah, an American football linebacker for the Cleveland Browns of the National Football League, […] The post Caveman Watches
Former President John Mahama has expressed serious concerns about the safety protocols following the accident involving a newly imported train on its test run along the Tema-Mpakadan railway line. The incident, which took place on April 18, 2024, has prompted Mahama to question the adequacy of pre-operational checks. Taking to social media platform X (formerly […] The post Train
The Trades Union Congress (TUC) has stated that Economist Professor Stephen Adei lacks an understanding of the country’s industrial relations and the challenges faced by workers. This statement follows Prof Adei’s claim that Ghanaian workers are among the least productive globally and that Togolese workers outperform Ghanaians in terms of productivity. In a statement released […] The post You’re
Mr Abebe Aemro Selassie, Director, African Department, International Monetary Fund (IMF), says Ghana will receive its next funding support from the IMF even if it is unable to sign a final debt pact with its official bilateral creditors. This means that the country would receive its third tranche of US$360 million when the IMF Board […]
Former first lady Mrs. Lordina Dramani Mahama has shared time-tested advice with young ladies attending a singles camp meeting and inspired them to make the most of their singleness while striving for personal and spiritual growth. Mrs Mahama was speaking as the special guest of honour at the 2024 Young Singles Camp Meeting of the […] The post Lordina Mahama
Former Member of Parliament for Ayensuano, Samuel Ayeh-Paye, has insisted that Ghana is not experiencing intermittent power cuts, commonly known as ‘dumsor,’ despite widespread outages plaguing homes and businesses. Recent months have seen a surge in power outages, prompting calls for a load-shedding timetable from affected sectors. Energy Minister Mathew Opoku Prempeh, during a media […] The post There
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […] The post Subsidising petroleum
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […] The post Subsidies are key to
Commuters in Lapaz are feeling the pinch of a 20% surge in transport fares, a move that flies in the face of a directive from the government and the Ghana Private Road Transport Union (GPRTU) advising drivers against fare hikes. While some drivers justify the hike citing the escalating costs of fuel and spare parts, […] The post Lapaz commuters grapple with
The National Democratic Congress (NDC) has called on the Speaker of Parliament, Alban Bagbin, to probe the Electoral Commission’s (EC) unaccounted Biometric Verification Devices (BVDs) and parts of Biometric Verification Registration Kits to ensure that the December polls are free and fair. In a statement from the General Secretary of the NDC, Fifi Fiavi Kwetey, […] The post Election
Former Deputy Attorney General Joseph Kpemka has asserted that a comprehensive investigation into the actions of the former MASLOC CEO and Chief Operating Officer clearly demonstrated their guilt under the law. This statement comes in the wake of an Accra High Court’s decision to hand down a 10-year jail sentence to former MASLOC CEO Sedina […] The post Former
Franklin Cudjoe, the CEO of IMANI Africa, has expressed concern for the people of Ghana amidst the current challenges in the energy sector. In addition to the irregular power supply, Ghanaians are grappling with a rise in fuel prices. Fuel prices were raised by several Oil Marketing Companies (OMCs) on April 16, 2024, marking the […] The post Energy
The Member of Parliament for Asuogyaman and the District Chief Executive for North Tongu, along with the owner of the Hyundai Gold 5-tonne vehicle involved in the rail accident, have collectively debunked claims of political sabotage as the cause of the train crash on the Tema-Mpakadan road. The incident took place on Thursday, April 18, […] The post MP, DCE debunk political sabotage
The Ghana Boundary Commission (GhBC), in partnership with the Ghana Navy (GN), has carried out the third Maritime Boundary Inspection (MBI) exercise along the Western Frontiers of Ghana’s maritime domain. This four-day MBI exercise, which spanned from Monday, April 8 to Thursday, April 11, 2024, was conducted around the Tweneboa Enyenra Ntomme (TEN) Oil Fields, […] The post Ghana
The New Patriotic Party’s (NPP) Parliamentary Candidate for Dome-Kwabenya, Ambassador Mike Oquaye Jnr, has categorically denied allegations of washing a constituent’s underwear. During his door-to-door campaign, a video surfaced showing him assisting a woman with her laundry, which led to speculation that he was washing underwear. This video has since gone viral. The incident has […] The post I’ll
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC) has urged the government to focus on strengthening the Cedi to ensure a reduction in the prices of petroleum products. Prices of petroleum products have been on a free fall in the past weeks and further worsened with the reversal of the suspension of the […] The post Fuel price hikes: Strengthening
Samuel Ayeh-Paye, the former Member of Parliament for Ayensuano, has called for a thorough investigation into the recent train accident, stating that the sentencing of the driver involved is not sufficient to close the case. Ayeh-Paye highlighted the need for accountability from various stakeholders, including the railway development authority and the Ghana Railway Company Limited. […] The post New
Kwadwo Nsafoah Poku, an Energy Analyst and member of the New Patriotic Party (NPP) has urged Ghanaians to refrain from politicising fuel prices. On April 16, 2024, several Oil Marketing Companies (OMCs) increased fuel prices, marking the second pricing window of the month. Investigations by Citi News at various OMC outlets showed a notable rise […] The post We shouldn’t
The Minority in Parliament has slammed their Majority counterparts for asking Ghanaians to reject the flagbearer of the National Democratic Congress (NDC) John Mahama in the December 7th presidential election. Majority leader Alexander Afenyo-Markin in an address to the media rejected the failure tag slapped on the Nana Addo administration by persons within the opposition […] The post 2024
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