BUSINESS

Debt struggles continue despite restructuring — Fitch

Ghana's economy is still faced with significant financing challenges despite the government's debt restructuring activities, a recent report by Fitch has indicated.

Ghana’s economy is still faced with significant financing challenges despite the government’s debt restructuring activities, a recent report by Fitch has indicated. As a result, the rating agency kept Ghana’s rating at a level that indicates that the country is effectively in default on its foreign debts. This rating, known …

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New Audio Leaks Intensify Case Against Attorney-General Godfred Dame

A source who recently met with a section of the media has revealed new audios that provide further evidence supporting Richard Jakpa’s claims. The source stated that copies of these recordings will be distributed to the media along with additional damaging audios involving Attorney-General Godfred Dame in other cases. One …

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Forex bureaux yet to comply with BoG’s Ghana card directive

Initial checks by Citi Business News have revealed that some foreign exchange bureaux have not fully complied with the Bank of Ghana’s new directive on transactions.

Initial checks by Citi Business News have revealed that some foreign exchange bureaux have not fully complied with the Bank of Ghana’s (BOG’s) new directive on transactions. The directive which took effect on Thursday, August 1, 2024, requires all licensed foreign exchange bureaux to request the Ghana Card before completing …

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US Embassy in Ghana to launch new visa services provider website

Effective August 26, 2024, the Embassy will transition to a new visa services provider which will be made known on the U.S. Embassy website.

The United States Embassy(US Embassy) in Accra has announced a change in its visa services operations. Effective August 26, 2024, the Embassy will transition to a new visa services provider which will be made known on the US Embassy website. Consequently, access to the current visa service provider’s website and …

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Fuel prices to decrease by 4% in August – IES

The Institute for Energy Security (IES) has predicted a downward trend in fuel prices for the first half of August 2024, driven by favourable international market conditions.

The Institute for Energy Security (IES) has predicted a downward trend in fuel prices for the first half of August 2024, driven by favourable international market conditions. According to the IES, this anticipated price drop is attributed to positive market dynamics globally. The institute predicts a 2-4% decrease in prices …

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Women’s bank proposal by Mahama is a vote buying bait – Wilberforce

The announcement by Mahama about Women's bank propasl seems more like a broad, populist gesture rather than a carefully crafted strategy with clear, measurable outcomes

The announcement by Mahama about Women’s bank proposal seems more like a broad, populist gesture rather than a carefully crafted strategy with clear, measurable outcomes Former President John Mahama’s recent pledge to establish a Women’s Bank if elected has ignited debate across Ghana. While the proposal is ostensibly aimed at …

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Hisense Unveils Latest 5S Laundry Appliance

  Reputable electric company, Hisense has introduced the Hisense 5S Laundry Appliance which includes smart washing and drying machines, as well as combined models for washing, drying and showcases the quality and innovation that defines it’s brand.   Experience the efficient and advanced features of the Hisense 5s washing machine. …

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Dek-Nock Investments shut down over illegal deposit-taking operations

The Ghana Police Service, in partnership with the Bank of Ghana, has closed the operations of Dek-Nock Investments, which has branches in Nungua and Ashaiman, Greater Accra Region.

The Ghana Police Service, in partnership with the Bank of Ghana, has closed the operations of Dek-Nock Investments, which has branches in Nungua and Ashaiman, Greater Accra Region. According to a statement from the Central Bank, Dek-Nock Investments was found to be involved in unauthorized deposit-taking, in breach of Section …

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Former TOR MD extradited to US for alleged corruption

A former Managing Director of  Tema Oil Refinery(TOR), Asante Kwaku Berko, who was accused of bribing Ghanaian government officials through the U.S. financial system, has reportedly been extradited from the United Kingdom to the United States.

A former Managing Director of  Tema Oil Refinery(TOR), Asante Kwaku Berko, who was accused of bribing Ghanaian government officials through the U.S. financial system, has reportedly been extradited from the United Kingdom to the United States. According to a press release from the U.S. Attorney’s Office for the Eastern District …

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Celebrating World Youth Skills day with UBA NextGen

Source: UBA Ghana As we celebrate World Youth Skills Day today, we recognize the boundless potential that lies within our young people. They are the innovators, leaders, and change-makers of tomorrow, and it is our responsibility to equip them with the skills and resources they need to succeed. In today’s …

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Five tips to help you get over a broken heart easily

Instead of dwelling on what went wrong in the relationship, focus on the positives in your life.

Instead of dwelling on what went wrong in the relationship, focus on the positives in your life. Take this time to reflect on your own growth and the lessons you’ve learned from the relationship Breakups can be incredibly tough to deal with, but there are ways to help you move …

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