BUSINESS

Former Twitter boss rates Ghana Jollof as the greatest of all time

Jack Dorsey, the co-founder and former CEO of Twitter is a man of few words who can’t hide his love for everything Ghanaian. Earlier this week, the American Internet entrepreneur announced that he was revisiting Ghana after his last experience. “Finally back in Ghana,” he tweeted on December 5. Although …

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UBA GHANA OPENS BUSINESS OFFICE TO MEET BANKING NEEDS OF ASHAIMAN

Chris Ofikulu   United Bank for Africa (UBA) Ghana has officially opened its latest branch to serve customers and the banking public throughout Ashaiman and its environs. The opening ceremony was held on Wednesday, 30th November, 2022.   Speaking at the official opening, the Managing Director of UBA Ghana, Chris …

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HIV/AIDS Fund to be reactivated soon -President

President Nana Addo Dankwa Akufo Addo, has given the assurance that government willoperationalise the National HIV and AIDS Fund to increase domestic resource mobilisation to improve care. The President gave the assurance following calls to re-activate the Fund to increase domestic resource mobilisation due to the recent upsurge in new …

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We might have over-borrowed – Deputy finance minister

Deputy Finance Minister, Dr John Kumah, has said that the current hardship in the country might be because the government over-relied on borrowing to run the economy. According to him, the government could have considered other alternatives to financing its projects and programmes aside from borrowing. “Maybe the levels of …

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Mandatory debt exchange programme would be illegal – Attorney-General

The Attorney-General, Godfred Yeboah Dame has in a legal opinion indicated that a mandatory Debt Exchange programme would be illegal. Finance Minister Ken Ofori-Atta on Monday announced domestic bondholders with the exception of Treasury bill holders will be affected by the debt exchange program. Per the arrangement, bondholders will get 0% interest …

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Moody’s downgrades GCB Bank to Caa3 from Caa2

International ratings agency, Moody’s has downgraded GCB Bank PLC’s (GCB Bank) global long-term local currency deposit ratings to Caa3 from Caa2. Moody’s investors also downgraded the bank’s long-term foreign currency deposit ratings to Ca from Caa2, its long-term Counterparty Risk Ratings (CRRs) to Caa3 from Caa2, its long-term Counterparty Risk …

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Revealed: Nigerians transported armed robbery to Ghana

Even though there was violence everywhere in the 1980s and 1990s, armed robberies in Ghana were extremely rare. Although I drove a cab and a trotro in Accra and Cape Coast, I never encountered any armed robbers there. It was after traveling from Ghana to Nigeria in the early 1980s, …

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Reason why a woman may urinate during intercourse

“Urinating during intercourse” is a “very widespread health problem” that “affects many people (primarily women) during intercourse,” according to Healthline. Male bodies have a natural defence mechanism that makes it difficult to urinate during a hard-on, making this a more common issue among women. In this post, I want to …

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No need to rush for your monies – Ofori-Atta to Ghanaians

Several Ghanaians have thronged their various financial institutions to withdraw their savings and investments to avoid losing both their principal and interests. This panic withdrawal is based on reports that some customers of Databank and Ecobank have lost hundreds of cedis on their investments which has to an extreme affected …

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Prospective teacher trainees to write entrance exams from 2023

Applicants seeking admissions into Colleges of Education in Ghana will from 2023 be expected to write an entrance exam. The exam will be based on two core subjects; Mathematics and English. The Chief Director at the Ministry of Education, Divine Ayidzoe, disclosed this at a conference on teacher training with stakeholders. Mr …

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LIVESTREAMED: Ken Ofori-Atta announces Ghana’s domestic debt exchange

Minister of Finance Ken Ofori-Atta has been announcing measures to be contained in Ghana’s Domestic Debt programme. Speaking at a press briefing today, December 4, 2022; he outlined different measures as relates to among others Treasury Bills, other domestic bonds etc. “Your T-bills are safe. Treasury bills are totally exempted …

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2022 WASSCE results prove Free SHS is working well – Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has described the results of the 2022 batch of students who wrote the West Africa Senior Secondary Certificate Examination (WASSCE) as the best in the last eight years. According to President Akufo-Addo, “six (6) years on following the implementation of the …

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New Sunyani Airport terminal building planned for 2023 – Ofori-Atta

The old terminal building at the recently inaugurated Sunyani Airport is to be remodeled and expanded to accommodate the expected increase in passenger throughput. The facility was officially inaugurated on Wednesday, August 3, 2022, after a seven-year closure to allow for an extensive renovation of the domestic airport sited in …

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Tingling in your feet? know the possible causes

The human body keeps reacting in some way or the other depending upon various internal and external factors. Sometimes, you fall sick and that’s because maybe your body is fighting some unwanted foreign elements or viruses. However, sometimes there are issues that may not be serious or need immediate attention, …

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