BUSINESS NEWS

A former Deputy Governor of the Bank of Ghana, Emmanuel Asiedu-Mante, has died. Mr Asiedu-Mante died Monday night aged 81. He passed on at the Bank Hospital in Accra after battling with ill health, his son, Daniel Asiedu-Mante, told Graphic Online Wednesday. Born in June 1942, he was the Deputy …

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2022, showing impressive performance across major indices. The 2022 financials, filed by the Bank at Nigerian Exchange Limited (NGx) on Thursday, showed that gross earnings rose significantly to …

The Chamber of Independent Power Producers (IPPs) has rejected any idea of restructuring arrears of its members as part of the ongoing or any future debt restructuring programme. In a letter to the Finance Minister, Ken Ofori-Atta, it said its members are rather prepared to engage with the government on …

The Bank of Ghana (BoG) has debunked reports of issuing ¢500 coin, insisting it has no immediate plans of issuing higher denomination for circulation. There have been reports that the Bank is working to introduce the coins – samples of which have been circulated on social media platforms. Speaking to …

he Investigative Unit of Al Jazeera in the first episode of a four-part investigation into gold smuggling in Africa titled Gold Mafia has revealed that a gold smuggler, Alistair Mathias, smuggles around $40 million worth out of the country monthly.   The first episode mainly focuses on Southern Africa, particularly …

    The entry of artificial intelligence (AI) into our lives has brought about a seismic shift in how we approach technology, research, and collaboration. As AI continues to evolve and become more sophisticated, it raises questions about its influence on foreign intervention and its role in promoting our technological …

The Finance Minister, Ken Ofori-Atta, has revealed that conversations with China over Ghana’s debt have been positive and encouraging. Ghana’s finance minister, Ken Ofori-Atta travelled to Beijing on Wednesday to meet Chinese officials to discuss a proposed restructuring of Ghana’s debt, according to a source with knowledge of the talks. …

The Otumfuo Commemorative Gold Coin project says illegal mining ( Galamsey) is a threat to the Gold Coin. Consequently, the Project is embarking on responsible gold mining initiative as part of its Corporate Social Responsibility to protect the purity of the Gold Coin, and also ensure sanity in the artisanal …

The Ghana Immigration Service (GIS) has announced the cancellation of the filling of embarkation and disembarkation forms by travellers at the Kotoka International Airport. GIS in a statement issued on March 20th and signed by the Director General, Charles Kraikue noted that the recent directive is in line with the …

The Managing Director of the Electricity Company Ghana (ECG) has revealed that he has received calls to stop the disconnection exercise they are embarking on to retrieve unpaid debts. According to Samuel Dubik Mahama, the calls he received are from friends, power brokers, and politicians. He said the request made …