BUSINESS

Top Nigerian bank group, Guaranty Trust Holding Company Plc, has announced plans to slow down on lending and bond trading in Ghana following a $77 million (N35.6 billion) impairment in its West African subsidiary. The banking group said that it will instead focus its activities on Nigeria and other high-yielding …

Across the world, central banks play key roles in developing policies, regulation, and the management of a country’s finances, assets and other related securities. For Ghana, what many know as the Bank of Ghana did not only start from the idea of being a Central Bank in the 1950s. According to a …

Ghana’s Finance Minister, Ken Ofori-Atta has announced that it would take a while for the country to return to the international capital market. According to him, it may take at least three or more years. Ken Ofori-Atta explained that, although this new development may look like a challenge, it presents the country with …

Patricia Kayanga is an innovator, eco-friendly entrepreneur, and founder of Ohhs disposable underwear. She recently became the first black woman to hold a U.S. patent for disposable underwear made out of bamboo. Speaking on how it feels to make history as the first black person to own a patent for …

Former Environment Minister, Prof. Kwabena Frimpong Boateng has been in the news following a 36-page statement he released on illegal small-scale mining in Ghana. The former Minister, while submitting a report on the work of the Inter-Ministerial Committee on Illegal Mining (IMCIM), not only cited the challenges the committee faced …

The Asian African Consortium (AAC), a subsidiary of Jospong Group of Companies has signed a Memorandum of Understanding with the University of Cape Coast (UCC) to undertake research to boost rice, maize and soya production in the country. The objectives of this partnership are to identify common areas of collaboration …

Twitter on Thursday said goodbye to its ‘legacy’ blue ticks following Elon Musk‘s controversial decision to switch up the platform’s verification system. As of Thursday evening, our correspondent observed that ‘legacy’ verified accounts had their blue tick removed by Twitter. The development has affected several individuals including journalists as Twitter …

Social media users are saying that former President John Dramani Mahama was hooted at during his campaign tour for the presidential primaries of the National Democratic Congress (NDC) at Dome-Kwabenya. The claims were made after a video of Mahama at a meeting with NDC members in the Dome-Kwabenya constituency went viral. The said video, …

Some angry market women at the Komenda market in the Komenda Edina Eguafo Abrem (KEEA) Municipality of the Central Region have expressed their disappointment with the New Patriotic Party (NPP) for neglecting them since the party came to power. The women who are mainly into trading have regretted joining the …

The Minister for Energy, Dr Matthew Opoku Prempeh has revealed that crude condensation of about $2.5m allocated to the Tema Oil Refinery is reportedly missing. The minister, widely known as NAPO, is reported by the Graphic on April 20, 2023, to have said that the fund was part of a business opportunity …