BUSINESS

Bank of Ghana Governor Ernest Addison has said developments in global capital markets, combined with internal challenges that resulted in the rating downgrade of Ghana’s economy, have played out to exacerbate price and exchange rate pressures in the domestic economy. The Ghana cedi, he noted, came “under severe pressure in the first …

  A private Legal Practitioner and Law Lecturer, Dr. John Baiden has petitioned the office of the Attorney-General to prosecute officials of the Bank of Ghana over the rapid depreciation of the Ghana Cedi. In his petition, he said, “The Bank of Ghana has compromised the Ghana cedi. It is out of line and …

President Nana Addo Dankwa Akufo-Addo has, through a declaration, called on wealthy economies to channel a portion of their Special Drawing Rights (SDRs) for Africa through the African Development Bank (AfDB). “Call on wealthy economies to channel a portion of their Special Drawing Rights (SDRs) for Africa through the African Development …

Accra is indeed one of the beautiful places many visit in Ghana. After exploring tourist sites in the regional capital, most people visit some known markets and public places including the Arts Centre to buy goods. As the popular saying goes, ‘some things never change’ and this is reflective in …

A Twitter investor is suing Elon Musk and the social media platform over the handling of the billionaire’s $44bn (£34.9bn) bid for the company.  The case alleges he violated California corporate laws in a number of ways. It accuses the Tesla boss of “wrongful conduct” as his “false statements and …

Economist and international relations expert, Dr. Julius Kattah has described Vice President Dr. Mahamudu Bawumia as a failure. He argued that although Dr. Bawumia has consistently been touted as an economic messiah, he has failed to live up to expectations. Dr. Kattah was of the view that the Vice President as leader …

  Black Stars midfielder, Alfred Duncan has announced his retirement from international football after feeling ‘left aside for years’. His club Fiorentina on Saturday, May 28, 2022, announced that their player has drawn the curtains on his international career. In Duncan’s statement which was posted by the team, he stated that he has …

A five-member Nigerian delegation, led by Engr. Abdullahi Garba Abubakar, Director for the Federal Department of Agriculture, at the Federal Ministry of Agriculture and Rural Development (FMARD), has paid a courtesy call on the Management of Ghana Cocoa Board (COCOBOD) at Cocoa House in Accra.The team was in Ghana to …

George Mireku Duker, Deputy Minister of Lands and Natural Resources, has stated that the continuous destruction of river-bodies across the country can lead to the importation of water. “Our rivers are highly polluted. The liberties taken with Ghana’s environmental governance and practices must not be allowed to continue, and we …

Medical Doctor, activist and Member of Parliament for Klottey Korle constituency, Honorable Dr. Zanetor Agyeman-Rawlings, says the lack of access to adequate loans to support women in agribusiness is a major reason why there are only a few women in the field. Dr. Zanetor said this while expressing her views …