The Agricultural Development Bank (ADB) and five other banks have secured a court order to prevent any sale or transfer of assets of PBC Limited, including its headquarters at Number 106 Olusegun Obasanjo Way, Dzorwulu Junction in Accra. This follows a judgment secured by the six banks against PBC Limited. The other five banks include […] The post ADB,
The Agricultural Development Bank (ADB), alongside five other Banks, has secured a court order to prevent any sale or transfer of assets of PBC Limited including its headquarters at Number 106 Olusegun Obasanjo Way, Dzorwulu Junction in Accra. This follows a judgment attained by the six banks against PBC Limited. The other five banks involved […] The post ADB,
Celebrated Dancehall/Reggae artist, Stonebwoy, is set to release his first single of 2024 titled ‘Believe In Africa’. The song will be released during the Africa Prosperity Champions Awards on Friday, January 26 at the Kempinski Hotel Gold Coast City in Accra, starting at 6 pm. The Africa Prosperity Champions Awards was established to recognize and […] The post Stonebwoy
Anthony J. Blinken, the U.S. Secretary of State, tour of Cape Verde, Côte d’Ivoire, Nigeria and Angola from Jan. 21-26 to strengthen the relationship between the United States and Africa. Blinken’s visit was also to accelerate the U.S.-Africa partnership since the U.S.-Africa Leaders Summit held mid-December 2022 in Washington. The visit highlighted the collaborative efforts […] The post
#Price #Weight #Shrinkflation #TurningTheCorner What do all the macroeconomic numbers and jargon have to do with the price of kenkey? Here it is: From a turbulent beginning that saw two price increases within six months, the kenkey market had stabilized by the end of 2023. Four-cedi kenkey dominates, five-cedi kenkey is here to stay, and […] The post The Kenkey
Anthony J. Blinken, the U.S. Secretary of State, visited Cape Verde, Côte d’Ivoire, Nigeria and Angola from Jan. 21-26 to strengthen the relationship between the United States and Africa. Blinken’s visit was also to accelerate the U.S.-Africa partnership since the U.S.-Africa Leaders Summit held mid-December 2022 in Washington. The visit highlighted the collaborative efforts in […] The post
Cecilia Dapaah and Kissi Agyebeng The Office of the Special Prosecutor (OSP) has dropped the two cases it is prosecuting against former Minister for Sanitation and Water Resources, Cecilia Read More... The post OSP
In a ground-breaking collaboration, Oxford Business Group (OBG) and the Africa Prosperity Network (APN) are joining forces to spearhead the APN initiative to identify and address bottlenecks in manufacturing, adding value, and trading within the African continent. This strategic partnership signifies a commitment to shedding light on Africa’s economic landscape, particularly in Ghana and the […] The post Oxford
Vice President Dr. Mahamudu Bawumia has announced the national kick-off of the BizBox project by the Ghana Enterprises Agency and Mastercard Foundation. The initiative, with a budget of USD 55 million, aims to foster entrepreneurship, empower the youth and create a substantial number of jobs across the nation. Addressing the audience at an event at […] The post Bawumia drops another jackpot appeared first on
Finance Minister Ken Ofori-Atta has emphasised the crucial need for deeper collaboration between Ghanaian and German enterprises. He envisions a future where the fusion of German technology and expertise with Ghanaian innovation and local knowledge would pave the way for sustainable and inclusive growth. He made this call at the Ghana Mutual Prosperity Partnership Roundtable […] The post
…navigating the political landscape with social listening in the 2024 elections Dear Esteemed Readers, As we embark on the promising journey that is the new year, 2024, I extend a warm and enthusiastic welcome to each of you. It is with great pleasure and a sense of anticipation that I commit to delivering a series […] The post Comms and Branding
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:
Military coups d’état, which involve unconstitutional ascension to power by armed forces, have been on the rise over the past decade in West Africa. Between 2020 and 2022, Africa experienced six ‘successful’ military coups – of which two were ‘coups within coups’ – and three attempted coups. This represents an approximately 229% increase in coup […] The post The
The past week was marked by a significant development in the public debt trajectory following the unanimous approval of Ghana’s request for debt treatment under the G-20 Common Framework for Debt Treatment Beyond the Debt Service Suspension Initiative (CF-DSSI). The government has been combining both fiscal prudence and debt restructuring measures to contain growth in […] The post IMF 2nd tranche
Africa is a continent with extraordinary economic potential despite its continual underdevelopment. Notwithstanding its prodigious youthful population, diversified cultures and vast array of natural resources, Africa has encountered a multitude of obstacles in its endeavour to exploit its economic legacy. In recent times, there has been an increasing emphasis on harnessing the economic potential of […] The post
The Tema Port Expansion Project in Ghana epitomizes a strategic milestone in Africa’s maritime and economic landscape. This ambitious project, scheduled for completion by September 2025, is not just an infrastructural upgrade but a pivotal catalyst for economic transformation. The significance of this expansion is underscored by its scale and potential impact: it is set […] The post
The Disciplinary Board of the Confederation of African Football (CAF) has imposed a fine of $15,000 on the Ghana Football Association over fans trouble in the Africa Cup of Nations Match 4 game between Ghana and Cape Verde on Sunday, January 14, 2024. The Safety and Security Official reported that two groups of supporters from […] The post CAF slaps Ghana with $15K
The government is making a concerted effort to enhance its appeal as a preferred base for Chinese businesses on the African continent, Finance Minister Ken Ofori-Atta has said. He made this known during an engagement with the Chinese Business Community in Ghana under the Ghana Mutual Prosperity Partnership held in Accra. “We want to use […] The post Gov’t
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