Board Members of the Electricity Company of Ghana (ECG) have described as unlawful and a breach of natural justice the decision by the Public Utility Regulatory Commission (PURC) to impose a GHC5.8m fine on them for alleged regulatory non-compliance. In a letter written by their lawyer, Yaw Acheampong Boafo on their behalf, the board members […] The post Your fines to
The ministry of finance has affirmed that ongoing negotiations regarding debt restructuring with creditors have not culminated in failure. Through a tweet, the ministry clarified that an interim agreement has been reached between Ghana and bondholders, but adjustments are necessary to align with IMF debt sustainability targets. “Ghana and Bondholders reached an interim deal, which […] The post
The Ghana Epidemic Preparedness Financing Advocacy has urged the government to create and implement a domestic financing strategy for health emergency readiness and response. This plea is based on the essential need to strengthen the country’s Global Health Security capabilities and ensure a quick and effective response to health emergencies. On Tuesday, April 9, Mr […] The post Ghana
By Dr. Richmond ATUAHENE Abstract The present paper examines the issue of the current Ghana’s public debt crisis, its underlying causes and lessons for the present and the future. After providing a historical discussion, we show that the austerity of the last four years has been unsuccessful in stabilizing the debt while, at the same […] The post The
By Joshua Worlasi AMLANU In a comprehensive update on Ghana’s debt restructuring programme, Finance Minister Dr. Mohammed Amin Adam has highlighted the government’s ongoing efforts to restore fiscal sustainability and foster economic recovery. Speaking at a press briefing, the Minister emphasised the significance of upcoming discussions with bondholder representatives to advance restructuring engagements. “In the […] The post
The Public Interest and Accountability Committee (PIAC) has stated that the global shift towards sustainable energy sources is putting National Oil Companies (NOCs) under significant pressure. According to PIAC, factors such as climate change awareness, energy security needs, and advancements in renewable technologies, are challenging the traditional oil and gas industry. PIAC in its latest […] The post Energy
Dext Technology Limited, a prominent education technology company in Ghana, has signed a memorandum of understanding with the University of Education, Winneba to enhance trainee teachers’ access to practical STEM tools. Through this partnership, Dext Technology Limited and the University will collaborate to explore various opportunities, including direct supply of STEM tools to the Department […] The post UEW
The latest data from the Bank of Ghana (BoG) has revealed that Ghana’s public debt climbed to a staggering GH₵610 billion as of December 2023. This figure reflects an Read More... The post Ghana’s Public Debt Hits
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has successfully constructed a mechanized borehole for the Police Public Safety Training School (PPSTS) at Pwalugu in the Upper East Region, providing a sustainable and reliable source of clean water for the officers and the entire community. For more than a decade, the PPSTS has grappled with […] The post Fidelity
The government paid a total of GH¢300,385,317.52 as judgement debt between 2017 and 2022. The Ministry of Finance made this known in an updated information on judgement debt payment dated August 2023. The Ministry revealed that the payments were made to over 60 individuals and organisations. For instance, in 2017, Albert Osei was paid GH¢279,412.83; […] The post Over
Homeownership is one of the most rewarding experiences in one’s lifetime. It is an important decision to make and requires the right type of financing options to suite the purpose. Buying your first home has been made easy through Republic Bank’s Home Purchase products. Existing homeowners can also take a mortgage to renovate, expand, release […] The post OutStandingBrands24:
Republic Bank (Ghana) PLC donated Twenty-Five (25) laptops towards the University of Ghana, Vice Chancellor’s ‘One Student One Laptop (1S1L)’ initiative. The donation comes under the Bank’s Corporate Social Responsibility (CSR) project, ‘Power to Make a Difference’ (PMAD) and in demonstration of Republic Bank’s commitment towards one of its chosen United Nations’ Sustainable Development Goals, […] The post Republic
Golden Star Wassa Ltd, through its Golden Star Development Foundation, on Thursday, February 1, 2024, cut sod to commence a series of development projects in its host communities. The beneficiary communities are Akosombo, Akyempim, Brofoyedur, Kubekro, Odumasi, Accra Town, Old Subri, Juaben, and Anyinabriem. The projects are estimated to be more than one million US […] The post Golden
Key insurance industry indices in Ghana as reported by the latest research report by the National Insurance Commission’s ‘Public Perception and Confidence of Insurance in Ghana’ survey indicate a sharp improvement in awareness, appreciation and confidence among the general public. The latest NIC survey reports an average confidence index of 61.65% and an improved perception […] The post
James Klutse Avedzi The Public Accounts Committee (PAC) of Parliament has ordered the immediate arrest of the Northern Regional Director and Accountant of the National Sports Authority (NSA). The Read More... The post NSA Director Hot Over GH¢ 160k appeared first on
Republic Bank Ghana Limited has presented fifty life jackets to the Municipal Education Directorate in the Weija Gbawe Municipality for onward distribution to school children at Faanaa in the Weija Gbawe Municipality. Faanaa is an island community where children who want to access education have to go through the struggles of crossing the estuary using […] The post Republic
The flagbearer of the opposition National Democratic Congress (NDC), John Dramani Mahama, has vowed to reverse the names President Nana Addo Dankwa Akufo-Addo gave some public universities in the country if he is re-elected as president in the 2024 polls. Some public universities were renamed by the President when he assumed office. For instance, the […] The post I’ll
demonstrates commitment to community safety In an initiative to promote community safety and well-being, Republic Bank Ghana has presented 50 life jackets to schoolchildren at Fanaa in the Ga South Municipality of the Greater Accra Region of Ghana. The life jackets donation aligns with the bank’s corporate social responsibility under its ‘Power to Make a […] The post Republic
Everyone loves myself enough to want someone that likes me-too Really, if you’re when you look at the a section of the nation where there try partners lesbians, a post-order bride-to-be would be recommended BTW that house is unbelievable. I’m not sure easily could stay in for example a great added particularly an awful country. […]
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
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