Tag Archives: REPORT

A new World Bank report has revealed that Ghana had accumulated significant government arrears prior to the COVID-19 pandemic. This is far higher than the projected arrears post-COVID-19. The report, dubbed: “Finance for an Equitable Recovery”, indicates that the percentage of the country’s arrears was estimated at almost 5% of …

Wealthy Ghanaian businessman Daniel Ofori’s investment in Ghana’s fourth-largest bank, Societe Generale Ghana, is now worth GH¢57.9 million (US$9.03 million), owing to a rise in the firm’s shares in 2021. Societe Generale Ghana, a subsidiary of the French international investment bank Societe Generale, operates as one of 17 operational divisions …

A rise in use of Chinese traditional medicines in several African nations have created a new crisis as it is fueling demand for endangered species whose body parts are used to make certain ingredients. The Chinese government has been ramping up the export and production of TCM products in Africa …

Ghana since 2019 has lost over 39,400 hectares of forest due to activities of cocoa production, this has been disclosed by global advocacy organisation, Mighty Earth in its latest report. The report dubbed ‘Sweet Nothings’ raises concerns on how cocoa is still driving the destruction of protected areas in cocoa-growing …

Interim Black Stars coach, Otto Addo has reportedly met with some key Ghanaian players in England. Right after his appointment on February 9, 2022, as the new coach, the former Ghana International jetted off from Germany to England to set the ball rolling. According to a report by Graphic Sports, Otto met with …

Data published by the Bank of Ghana have shown that consumers’ appetite for Internet banking has started slowing down. An analysis of the Summary of Economic and Financial data (January 2022) indicates that the growth rate of Internet banking – both in terms of value and volume – slowed in December, …

Ghana’s forest risks further depletion with the prices of charcoal and firewood increasing in Accra, a lower-middle-income earning region, amid reduction in consumption of Liquefied Petroleum Gas (LPG). The Ghana Statistical Service (GSS) in its latest Consumer Price Index (CPI) observed that the solid fuel (charcoal and firewood) component of …

A fantastic hat-trick from Frank Mbella on Saturday, February 12, 2022, handed Asante Kotoko a delightful 3-1 win against Accra Lions in the Ghana Premier League. Nicknamed the Porcupine Warriors, the team from Kumasi last Monday suffered a shocking 2-1 defeat at the hands of relegation-threatened Elmina Sharks. Today at the …

A Ghanaian has been arrested along with other African recruits in the ranks of Islamic State in Iraq and the Levant – Libya (ISIL-Libya), according to a recent report. The report dated February 3, 2022 was the 29th report of the Analytical Support and Sanctions Monitoring Team on the Islamic …

Research conducted by the Centre for Democratic Development (CDD-Ghana) has revealed that at least nine individuals engaged in ‘galamsey’ and fraud, funded political parties during the 2020 general elections as top financiers. According to the report, seven financiers were involved in serious and organized crime, one in illegal oil bunkering …