Tag Archives: million

North Tongu Member of Parliament, Samuel Okudzeto Ablakwa, has alleged that President Nana Ado Dankwa Akufo-Addo has reverted to the use of ultra-luxurious charters for trips abroad. The MP who is also a Ranking Member on the Foreign Affairs Committee has subsequently slammed the President for insensitivity, recklessness and undue profligacy …

Ghana International Bank PLC (GIB) has been fined 5.8 million pounds by a United Kingdom regulator – Financial Conduct Authority (FCA) for failing to adhere to anti-money laundering and counter-terrorist financial controls. The breach in the anti-money laundering and counter-terrorist control, the FCA said, happened over its correspondent banking activities …

Zimbabwean investors, including pension funds, are working on plans to take over a US$113 million (N$1,8 billion) property, The Grove Mall of Namibia, in Windhoek. The deal, which is at an advanced stage, is being coordinated by two local financial companies Stratus Capital Partners, an asset management firm, and Bard …

The Bank of Ghana (BoG) has by the end of the year 2021 secured monetary compensations and refunds totalling about GH₵72.9 million for complainants. Regulated Financial Institutions (RFI) paid complainants whose complaints were lodged, investigated, and found justifiable based on the BoG market conduct rules for its regulated entities. A breakdown of …

President Nana Addo Dankwa Akufo-Addo has reiterated government’s plan to renovate existing and construct some new tourist sites in the country. According to the president, an amount of US$10 million is being set aside to undertake the project. Part of this will be used to renovate the Cape Coast Castle, and the Kwame …

The US government has announced the completion of a $316 million investment in energy infrastructure in Ghana. According to a press release copied to Ghana Business News, the Kasoa Bulk Supply Point (BSP), inaugurated Wednesday June 1, 2022, completed over six years is to support more reliable power supply for …

The United Nations is warning that 18 million people in Africa’s Sahel region face severe hunger in the next three months, citing the effects of Russia’s war in Ukraine, the coronavirus pandemic, climate-induced shocks, and rising costs. The hunger crisis may press increased numbers of people to migrate out of …

1 Menu › ĢRapper Black Sherif has proven that he has the numbers as his latest music video for hit song ‘Kwaku The Traveller’ (KTT) hit a million views a day after its release. Blacko, as he is popularly referred to, on May 19 released the much-anticipated visuals for his hit …

Wizkid has asserted in all excitement, that he was paid one million dollars to perform at the Rolling Loud concert in Toronto. The event organizers announced the Nigerian singer as one of three headliners for their first concert in Canada which also features Dave, and American singer, Future. The three-day concert …

Founder and leader of the All Peoples Congress (APC), Dr Hassan Ayariga, is reported to be one of the richest men in Ghana. Located somewhere in the city of Ghana’s capital, Accra, the flagbearer for the APC party describes his 10-bedroom mansion as a ‘presidential house.’ In the latest sneak …