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Kwame Pianim, an economist, is sceptical about the government’s ability to quickly improve the nation’s economic mess. He says that government incompetence, corruption, and a voracious appetite for risky borrowing are to blame for the severity of the problems, and that the government must show resolve to stop these things from happening.In order to reverse […]
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There have been over 420 suspects detained who were operating loan app businesses. As part of a joint Cyber Security Committee operation, the Cyber Security Authority, Bank of Ghana, and Economic and Organised Crime Office (EOCO) launched a swoop that led to the arrest of the suspects. The joint operation included a raid on the […]
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Boomplay, Africa’s leading music streaming and download service, has awarded the Golden Club plaque to Ghanaian Afrobeats, Dancehall, and Reggae superstar Stonebwoy.This comes after the streamer revealed last week that Stonebwoy had surpassed 100M streams on the service, earning him a spot in the illustrious Golden Club alongside artists like Burna Boy, Sarkodie, Wizkid, Shatta […]
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According to the most recent survey by Global Info Analytics, 54% of Ghanaian voters want Alan Kwadwo Kyerematen to lead the New Patriotic Party into the 2024 elections. “The big story is that Alan is the preferred choice of floating voters. He’s popular amongst floating voters. Alan has been consistent throughout. Amongst all Ghanaian voters, […]
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Sentuo Oil Refinery Ltd. (SORL) received a working visit from the Minister of Trade and Industry, KT Hammond, who praised the project as a potential solution to Ghana’s refinery issues. The project, which complies with the government’s “One District One Factory” (1D1F) development policy, will produce/refine 5 million tonnes of all types of crude assays […]
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The Ghana Trade Fair Company Limited’s management group is dedicated to making the trade show venue a major trading centre in West Africa. It plans to finish a project that will house the African Continental Free Trade Area (AFCTA) Secretariat as well as other top-notch facilities over the following five years. The impressive 236-acre Trade […]
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According to the Ministry of Public Enterprises, 17 closed state-owned businesses will be sold. These organisations include, among others, the State Construction Company, the Bonsa Tyre Factory, and the Bolgatanga Meat Factory. A review of the companies, according to the Ministry, showed that the businesses are liabilities to the nation because they have been costing […]
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Isaac Adongo, the deputy ranking member on the finance committee of parliament, has harshly criticised Dr. Ernest Addison, the governor of the Bank of Ghana, for the delay in submitting the central bank’s financial statements. Adongo claims that the Bank of Ghana is required by law to submit its financial statements by the 15th of […]
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Ghana’s June 2023 inflation rate increased slightly from the 42.2 percent seen in May 2023 to 42.5 percent. Food and non-food items account for 54.2% and 33.4%, respectively, of this inflationary trend, according to the government statistician, Professor Samuel Kobina Annim. While the inflation rate for locally produced goods was 35.9%, it was higher for […]
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On Friday, June 23, 2023, the Kempinski Gold Coast Hotel hosted the 5th annual Health Environmental Safety & Security (HESS) awards ceremony. FBNBank received the Employee Empowerment Excellence Award. The goal of the HESS awards is to recognise and honour outstanding businesses for their outstanding work in the fields of occupational health, environment, safety, and […]
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