Absa Group has announced its physical expansion into the People’s Republic of China with the opening of a new non-banking subsidiary in Beijing. The non-banking subsidiary is now open, with the official launch event in Beijing, scheduled for the 8 May 2024. At a ceremony in Johannesburg, South Africa today, attended by Enoch Godongwana, the Minister of […] The post Absa
The number of recorded cancer cases and deaths among women in Ghana is increasingly overwhelming. Research has shown that every year, 2797 women are diagnosed with cervical cancer, and 1699 die from the disease. Cervical cancer ranks as the 2nd most frequent cancer among women between 15 and 44 years of age. Other research works […] The post Remove import
The Minister for Lands and Natural Resources, Hon. Samuel A. Jinapor, has delivered a compelling address at the thirtieth anniversary of the Investing in African Mining Indaba held at the Cape Town, on Monday, 5th February 2024, with a resounding call to “Invest in the number one mining destination of Africa, the Minister showcased the […] The post Invest
Russia and China have slammed the United States for its recent air strikes on targets in Iraq and Syria. The two countries accused Washington of raising the risk of regional escalation at a meeting of the United Nations Security Council late on Monday. Moscow also asserted that the US decision to launch the attacks was […] The post Russia and China slam US for Middle East strikes
Vietnam and the Philippines have agreed to cooperate on maritime security in the South China Sea, a conduit for $3 trillion of annual shipborne trade that China claims almost in its entirety. The deals, signed during a state visit to Hanoi by President Ferdinand Marcos Jr on Tuesday, will see the two countries’ coastguards working […] The post Vietnam, Philippines sign deals
Dr. Ernest Addison – Governor of Bank of Ghana The Bank of Ghana (BoG) has announced a significant reduction in its Monetary Policy Rate, also known as the base Read More... The post BoG Lowers Base Rate To 29% To Stimulate Economic Growth
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
The Bank of Ghana (BoG) is prepared to continue the necessary structural reforms to revive the country’s shaky economy. It emphasizes the importance of vigilance and commitment in realigning the country’s economic situation. Following the approval of the second $600 million tranche from the International Monetary Fund (IMF), Dr. Ernest Addison, Governor of the Bank […] The post We’ll
as inflation eats away 92% of currency’s value since 2007 The cedi’s struggle to maintain value beyond the short term continues to raise concerns about the economy’s long-term transformation, financial expert Adjei Boateng has said. Mr. Boateng, a chartered financial analyst (CFA), highlighted the cedi’s significant devaluation, losing 91.6 percent of its value since the […] The post
Myjoyonline.com reported recently that the government has requested the Ghana Revenue Authority (GRA) to liaise with the two power distribution companies to transfer Value Added Tax (VAT) generated from consumers who have exceeded their lifeline power consumption. The website, quoting from a release issued by the Finance Ministry said the sector Minister, Ken Ofori-Atta, had […] The post Editorial:
Gregory Afoko, the farmer accused of murdering Adams Mahama, former New Patriotic Party (NPP) Chairman has, for the third time in eight years, pleaded not guilty to conspiring with convict, Asabke Alangdi, to murder the former New Patriotic Party (NPP) Upper East Regional Chairman. Alangdi, who has already been convicted on the charge of conspiracy, […] The post NPP
EASE Ghana, a subsidiary of EASE Holdings BV, which specialises in quality equipment-as-a-service, has inaugurated the first MRI scanner in the Eastern Region at St. Dominic Catholic Hospital , Akwatia. The inauguration also marked the debut of Siemens Magnetom Free.Star Magnetic Resonance Imaging (MRI) scanner technology in Ghana. The MRI scanner utilises Siemens’ latest low-helium […] The post
China has summoned the Philippine ambassador after Manila congratulated the winner of Taiwan’s presidential election. China lashed out on Tuesday, a day after Filipino President Ferdinand Marcos sent Taiwanese President-elect Lai Ching-te a note on his victory in the recent vote. The highly undiplomatic comments from Beijing, which warned Manila “not to play with fire,” will […] The post China
Ghana defender Alexander Djiku says the team has to be more aggressive in their play as they seek their first win of the ongoing Africa Cup of Nations (AFCON) in Côte d’Ivoire. The Fenerbahçe player put up an outstanding performance despite Ghana’s 2-1 loss against the Blue Sharks of Cape Verde. His aggressiveness and zeal during the match earned […] The post We need
Rexona, Axe and Dove join as official sponsors of the tournament; activate contest to reward 3000 consumers In a game-changing partnership, Unilever Personal Care brands Rexona, Axe and Dove have been announced as the official sponsors of the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 and TotalEnergies CAF Women’s Africa Cup of Nations […] The post
The Blue Sharks of Cape Verde stunned the Black Stars of Ghana 2-1 at the Stade Félix Houphouët-Boigny on Sunday night. Cape Verde seized the initiative early, capitalizing on a mistake by Richard Ofori. The Ghanaian goalkeeper parried a weak shot into the path of Jamiro Monteiro, who tapped into an empty net for the […] The post AFCON 2023: Cape Verde stuns Ghana
Taiwan has condemned China for what it called intimidation of its citizenry and attempts to influence the island’s elections on Saturday. On Thursday, Taiwan’s Foreign Minister Joseph Wu criticised China’s “repeated interference” in the upcoming polls, lambasting Beijing for “once again blatantly intimidating the Taiwanese people and the international community”. The elections “are in the […] The post Taiwan
A few days ago, I participated in the Central Conference on Work Relating to Foreign Affairs in Beijing, China. The conference pointed out the direction for China’s futural diplomatic work and the development of China-Africa relations. I want to take this opportunity to introduce to my Ghanaian friends the guiding principles of the conference and […] The post Toward
Ghana President His Excellency Nana Akufo-Addo says the Black Stars quest to end its trophy drought might be daunting but it is possible. He said this in a speech delivered at a dinner with members of the Black Stars in Kumasi as the team prepares to fly out to Cote D’Ivoire on Wednesday, January 10 […] The post AFCON
Few alliances have sparked as much interest and speculation in the complicated fabric of international relations as between Africa and China. The relationship between Africa and China has received a lot of attention and scrutiny from scholars, policymakers, and the media in recent years, prompting a lot of debate and, unfortunately, reinforcing certain persistent myths. […] The post
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