The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva has repeated her comment that Ghana’s economy has been negatively affected by the Russia-Ukraine war. She described Ghana as an innocent bystander that has been hit by the Covid pandemic and the war. Speaking at the ongoing IMF/World Bank …
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Scancom PLC (MTN Ghana) has announced a suspension of its MTN Data Zone bundle effective April 5. In a press release on Wednesday, April 12, the mobile network apologised “to our cherished customers for limiting our communications on this matter to service activation channels only.” It explained that “The suspension …
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A nine-member delegation of Members of Parliament is currently in Washington DC in the United States of America for the International Monetary Fund (IMF) and World Bank Spring meetings as the government seeks to secure a $3 billion dollar support. The delegation forms part of a team made up of …
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The recent passing of three revenue bills by Parliament has sparked debate on the magnitude of taxes being imposed by the NPP government. Some have even gone to the extent of accusing the NPP of reneging on its promise recalling how t to lessen the tax burden on Ghanaians and …
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THE Bank of Ghana has advised the borrowing public not to pay fees and charges on loans that were not disclosed to them prior to the signing of the agreement. The central bank said such charges were null and void and must not be bore by borrowers. In a public …
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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 …
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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 …
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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 …
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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 …
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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 …
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