Tag Archives: billion

The Ministry of Environment, Science, Technology, and Innovation (MESTI) says the global snail value chain business has risen to $2 billion and Ghana needs to capitalize on the vast market. While “snail meat” is regarded as a delicacy with great nutritional, medicinal, and cosmetic value in certain locations such as …

After gaining $1.9 billion in the first five months of 2022, Africa’s richest man Aliko Dangote has seen his net worth fall by $2 billion in the past three months due to a protracted slide in the share price of his flagship company, Dangote Cement Plc. Dangote, who derives the …

The Bank of Ghana has responded to allegations indicating it has printed an amount of GH¢22.04 billion to finance government’s budget without parliamentary approval. The assertion was made by the Deputy Ranking Member of Parliament’s Finance Committee, Dr. Cassiel Ato Forson when he addressed journalists outside the House on July 25. But the central …

A survey by the Ghana Statistical Service and its partners has revealed that an estimated amount of GH¢5 billion was paid as bribes in the year 2021. The report dubbed ‘2021 Ghana Integrity of Public Services Survey’ indicates that 26.7% public sector officials and 9.1% private sector players engaged in …

The Minority has shot down the approval of a 1 billion dollar syndicated loan at the committee meeting despite IMF advice that it should be approved to prevent the economy from grinding to a halt. According to the Ranking Member of the Finance Committee, Ato Forson, their decision was due …

Master KG through out the years has been achieving new heights and milestones with his monster hit song Jerusalema. The newest milestone Master Kg is celebrating is the official music video for Jerusalema hitting 501 million views on youtube. Taking to social media, the Limpopo star announced that the official …

The Government of Ghana has sold little above the target for its Treasury Bills auctioning, a Joy Business report has said. According to the portal, the development comes after government secured GH¢1.395 billion from the auction sale of the 91-day and 182-day T-bills which represents nearly 14 percent oversubscription. Despite …

Government has announced it will inject a capital of US$2 billion into the economy to curtail the sustained depreciation of the cedi against major trading currencies. This was captured in a circular released by the Presidency on March 23, 2022. The Presidency said the move forms of measures adopted by …

Ashanti Regional Chairman of the governing New Patriotic Party (NPP), Bernard Antwi Boasiako (alias Chairman Wontumi) has expressed interest in buying London-based club, Chelsea FC. His comment comes on the back of the decision by Chelsea owner, Roman Abramovich, to put the club up for sale following the Russia-Ukraine crisis and its …

Data published by the Bank of Ghana (BoG) has revealed that the value of mobile money transactions has dropped by GH¢3.2 billion in December last year, less the one month after Finance Minister, Ken Ofori-Atta, announced in the 2022 budget of an electronic transfer levy (E-Levy). According to the report, …