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BUSINESS

Ghana may struggle to raise the full $5bn it wants to borrow from international markets this year given the scale of its debts

    The government plans to raise $889m from new taxes this year to contain its deficit. That commitment means the country “should be able to borrow”, says Charles Robertson, global chief economist at Renaissance Capital.   Still, Ghana’s debt level is amongst the highest of any country we look …

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Homeless Asante Kotoko run away from Accra Sports Stadium

  Kumasi Asante Kotoko have reportedly returned to the Ashanti region as they choose the Obuasi Lenclay Sports Stadium as their home ground for the second round campaign in the 2020/21 league season. It comes just few days to the commencement of the second round contest between the 18 clubs. The Reds …

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Two KNUST scientists named among 40 promising African early career researchers

  Two Kwame Nkrumah University of Science and Technology (KNUST) scientists – Dr Christopher Larbie of the Department of Biochemistry and Biotechnology and Dr Anthony Afum-Agyei Awuah of the Department of Molecular Medicine – have been selected as part of the 6th cohort Affiliates of the African Academy of Sciences …

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We’re not joking here – Court warns Akuapem Poloo

The Circuit Court in Accra presided over by Her Honour Christiana Cann has issued a stern warning to lawyers of Actress Rosemond Brown over the manner they are going about the case. In court on Friday, when the case was called, the lawyer of the accused person wrote to the …

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Ken Ofori-Atta explains why Databank directors are holding positions in the banking sector

Ken Ofori-Atta, Finance Minister-nominee, has justified why his close associates and allies at Databank have been given public office positions in finance and insurance. Responding to questions from Samuel Okudzeto Ablakwa (NDC- North Tongu MP) on issues of ‘state capture’ whereby other entrepreneurs find it difficult to thrive within the financial sector, …

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Afoko trial: Late Mahama mentioned names attackers to us – Witness

  Madam Zuweira Issaka, a Prosecution Witness in the murder trial involving Gregory Afoko and one other, has disagreed with Defence Counsel that late Adams Mahama never mentioned the names of those who poured acid on him. The witness told the court that the deceased, the former Upper East Regional …

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FULL TEXT: Second Deputy Governor’s remarks at BoE/BoG regional event

His Excellency High Commissioner Walker, British High Commissioner to Ghana Colleagues from the Bank of England, Bank of Ghana, participating African Central Banks, and other regional institutions A very good morning and welcome! The Bank of Ghana is delighted to co-host this regional event in collaboration with the Bank of England. We …

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There will be no lags in new Agyapa deal – Ken Ofori-Atta assures

Minister-Designate for Finance, Ken Ofori-Atta has assured that the new Agyapa deal will be in the best interest of the country and will address concerns raised by relevant stakeholders. Responding to questions by Parliament’s Appointments Committee on Thursday, March 25, 2021, the Minister noted that a new mineral resource deal …

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LIVESTREAMED: Ken Ofori-Atta faces Parliament’s Appointment Committee

Finance Minister-designate Ken Ofori-Atta is finally facing the Appointments Committee of Parliament after his leave of absence due to medical reasons. Mr Ofori-Atta is expected to be subjected to intense grilling by the 26-member committee which has thirteen members from either side of the house. Among other things, the Finance Minister in Akufo-Addo’s …

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Alleged murderer, suicide suspect responding to treatment

  Anthony Dordoye, 26, the alleged suspect in a murder and suicide case in the Ho Municipality that left his girlfriend dead and himself with alleged near fatal self-inflicted wounds, is responding to treatment. Superintendent, Mr Anthony Danso, Ho Municipal Police Commander briefing the Ghana News Agency, disclosed that the …

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