BUSINESS

Following Brazil’s 2022 World Cup match against South Korea on Monday, Cameroon Football Federation chief, Samuel Eto’o was captured in a “violent altercation” with a spectator. A viral video appeared to capture Eto’o, 41, kneeing a spectator in the face during the World Cup in Qatar. The incident happened outside …

Traditional leaders at Adrobaa, a farming community in the Tano North Municipal of the Ahafo Region have performed rituals to pacify the land after an accident which claimed the lives of five pupils. The Nananom, led by Adrobaahene, Nana Odiasempa Boadu and Nana Adwoa Dum II, the Queenmother in the area, …

Deputy Minister of Finance, John Kumah, has underscored the enormity of the economic challenge that government is currently faced with and has thus urged institutional bondholders to sign on to the current domestic debt exchange proposed by government. Kumah told Joy FM on Tuesday, December 6; that the consequences for …

President Nana Addo Dankwa Akufo Addo, has given the assurance that government willoperationalise the National HIV and AIDS Fund to increase domestic resource mobilisation to improve care. The President gave the assurance following calls to re-activate the Fund to increase domestic resource mobilisation due to the recent upsurge in new …

Deputy Finance Minister, Dr John Kumah, has said that the current hardship in the country might be because the government over-relied on borrowing to run the economy. According to him, the government could have considered other alternatives to financing its projects and programmes aside from borrowing. “Maybe the levels of …

The Bank of Ghana (BoG) has announced an upgrade to the GH¢1 coin with some enhanced security features. “The upgraded GH¢1 coin is bi-metallic with an outer gold and inner silver. The coin has a pronounced rough edge and incorporates a latent image, which appears in a rectangular form below …

The Attorney-General, Godfred Yeboah Dame has in a legal opinion indicated that a mandatory Debt Exchange programme would be illegal. Finance Minister Ken Ofori-Atta on Monday announced domestic bondholders with the exception of Treasury bill holders will be affected by the debt exchange program. Per the arrangement, bondholders will get 0% interest …

International ratings agency, Moody’s has downgraded GCB Bank PLC’s (GCB Bank) global long-term local currency deposit ratings to Caa3 from Caa2. Moody’s investors also downgraded the bank’s long-term foreign currency deposit ratings to Ca from Caa2, its long-term Counterparty Risk Ratings (CRRs) to Caa3 from Caa2, its long-term Counterparty Risk …

Even though there was violence everywhere in the 1980s and 1990s, armed robberies in Ghana were extremely rare. Although I drove a cab and a trotro in Accra and Cape Coast, I never encountered any armed robbers there. It was after traveling from Ghana to Nigeria in the early 1980s, …

    The theme for this year’s celebration was “Accelerating Agricultural Development Through Value Addition”. This was celebrated on 2nd December 2022 in Koforidua in the Eastern regional capital.   Kingdom Exim Ghana Limited, a mother company of the kingdom Exim group, the leading West African based quality focused Agro …