BUSINESS

The minority has threatened to disapprove the 2023 budget estimates, and debt restructuring until some five conditions are met by government. According to Haruna Iddrisu, they will not accept the debt restructuring programme announced by the finance minister. This comes after Finance Minister Ken Ofori-Atta announced that Ghana is embarking …

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 …

An aspirant for the National Executive Committee membership of the National Democratic Congress (NDC), Wonder Victor Kutor, is predicting that the party will be in political office for at least 16 years if it wins the 2024 general elections . He said there is no doubt the NDC will form the …

Minister of Finance Ken Ofori-Atta announced a Domestic Debt Exchange on December 4, 2022; with the view that details of the said programme will be presented today, December 5. One of three key points he put out in his four-minute address was the fact that there “There will be NO …

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 …

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 …

Nigeria, Cote d’Ivoire, Ghana, and Senegal could earn up to $26 billion from lowering costs and increasing the availability of trade finance, a new report released by the International Finance Corporation (IFC) and the World Trade Organisation (WTO). The report, Trade Finance in West Africa examined the major barriers to …

Seventeen private jet owners, including Nigerian billionaires, leading commercial banks, and other ultra-high net worth individuals have sued the Nigerian government over import duties totaling more than N30 billion ($67.5 million). The legal action, which is part of efforts to prevent the government from grounding their planes, comes after the …

The Ghana Revenue Authority (GRA) has debunked a social media report suggesting the outfit has imposed levies on luxury vehicles. GRA has described the reports as completely false and has urged the public to disregard them. “The attention of the Ghana Revenue Authority (GRA) has been drawn to a purported letter …

Dr Kabiru Mahama, a technical advisor at the Office of the Vice President, has slammed ruling party Members of Parliament and some Ministers of State who flew to Qatar to cheer the Black Stars at the ongoing World Cup. He described their action as one that lacked discretion and which …