Tag Archives: LOAN

Relief initiatives taking shape to ease food and debt As the supply-chain disruption caused by Russia’s war in Ukraine continues, international relief packages for Africa are starting to take shape. USAID this week pledged a $30m package to support Zambian food exports to East African countries to help ease the …

A renowned international economist at the Johns Hopkins University in the USA, Professor Steve Hanke, has stated Ghana’s decision to enter an economic programme with the IMF will not salvage the economy. He predicts that a financial bailout from the Bretton Woods Institution is likely to fail just like the …

Asante Kotoko have reportedly rejected Royal Antwerp’s €50,000 loan deal for left-back, Imoro Ibrahim. According to multiple reports, the Belgian top-flight side tabled a deal of a €50,000 initial loan fee with a buy-option for €200,000. Kotoko has declined the deal, demanding an initial loan fee of €150,000 and a buy-option …

After the Judicial Training Institute were razed down by the government to pave way for the construction of the controversial National Cathedral, Samuel Okudzeto Ablakwa is alleging that the Nana Addo Dankwa Akufo-Addo’s government desperately needs a US$50 million loan to construct a new Judicial Training Institute at the Cocoa Affairs Court land. …

The National Union of Ghana Students (NUGS) is calling for an increment in the money paid to students as loans under the Students Loan Fund (SLF). According to the association, there is a need for the loans given to students to support them in paying their fees to be increased …

Government has cancelled the policy which required students to provide three guarantors to secure a loan. Ghanaian tertiary students will no longer require three SSNIT contributors as guarantors before they can secure student loans to pursue tertiary education. Prior to election 2020, the New Patriotic Party (NPP) promised to cancel …

Government has cancelled the policy which required students to provide three guarantors to secure a loan. Ghanaian tertiary students will no longer require three SSNIT contributors as guarantors before they can secure student loan to pursue tertiary education. Prior to election 2020, the New Patriotic Party (NPP) promised to cancel …

The Speaker of Parliament Alban Bagbin has summoned Finance Minister Ken Ofori-Atta to appear before the House with details of all funds received and used in the name of Covid-19. The directive followed the shooting down of a 75 million Euros loan agreement between the government of Ghana and European …

Minority Leader, Haruna Iddrisu, has raised concerns about the government’s continued lack of respect for Article 252 of the 1992 constitution. He claimed that the government has mortgaged and borrowed against statutory funds and constitutional funds. According to him, the move by the government to set aside one billion Ghana cedis …

The minority in parliament for the second time this week has scuttled approval of a 20 million Euros Loan Facility agreement between the government of Ghana and Germany over lack of quorum for decision making. The facility which is to finance Green Credit Line under the Reform and Investment Partnership …