Business

Heritage Bank collapse: I believe BoG Governor was ordered “to nail me” – Seidu Agongo says ‘not fit and proper’ tag “very insulting”

844  Businessman Seidu Agongo has said he believes the immediate past Governor of the Bank of Ghana, Dr Ernest Addison, collapsed Heritage Bank, of which he (Agongo) owned 70 per cent shares, as part of a grand scheme by the government at the time to target and weaken him. In his view, even though, in […]

Business

Minerals Income Investment Fund Holds Successful Senior Management Orientation Session

1,201    The Minerals Income Investment Fund (MIIF) recently held an extensive orientation session for its Senior Management team. The event, which took place at the Labadi Beach Hotel on February 1, 2025, was led by the Ag. Chief Executive Officer, Mrs. Justina Nelson, and the Ag. Deputy Chief Executive Officer, Dr. Kwaku Asiedu-Nketiah. Mrs. […]

Business

MTN Ghana’s CFO Calls for Collaborative Approach to Drive Investment in Africa

1,306  The Chief Finance Officer of MTN Ghana, Antoinette Kwofie, has called for the unification of regulations across the continent to facilitate the attraction of capital to invest in the infrastructure on the continent. Participating in a panel discussion at the 2025 Africa Prosperity Dialogues (APD) on the topic, “Filling the Funding Gap for Infrastructure”, […]

Business

Inflation drops to 23.5% in January 2025 after four straight increases

1,262  Ghana’s inflation rate eased to 23.5% in January 2025 after four consecutive months of rising inflation.Authentic Ghanaian cuisine recipes This development follows the government’s failure to meet its 2024 year-end inflation target of 15%, as inflation climbed to 23.8% in December 2024, up from 23.0% in November. Despite the overall slowdown, food inflation remains […]

Business

Digital Connectivity Key To Africa’s Vision Of Single Market -MTN Ghana CEO

1,189  The Chief Executive Officer of MTN Ghana, Stephen Blewett, has highlighted the crucial role of digital connectivity in realizing Africa’s vision of a single market. Speaking at the Africa Prosperity Dialogue (APD) 2025, Mr. Blewett stressed that discussions surrounding Africa’s economic integration would be meaningless without significant investment in digital infrastructure and connectivity. In […]

Business

KMA Maintains 2 Cedis Daily Trading Fee, Dismisses 5 Cedis Rumor

1,180  There’s been a false announcement circulating at the Kumasi Central Market, claiming that the daily trading fee will increase from 2 cedis to 5 cedis starting February 3, 2025. However, the Kumasi Metropolitan Assembly (KMA) has debunked this claim, stating that no such increment has been approved. According to Abass Nurudeen, Esq.,Ashanti Regional Communications […]

Business

Alex Dadey Champions Public-Private Partnerships for Sustainable Development at Africa Prosperity Dialogues 2025

926  Alex Apau Dadey, Executive Chairman of KGL Group of Companies, delivered a keynote address today at the African Prosperity Dialogues 2025, emphasizing the transformative potential of public-private partnerships (PPPs) and diaspora investment in driving sustainable economic growth across the African continent. Mr. Dadey’s address underscored the need for collaborative efforts to redefine Africa’s future, […]

Business

Alex Dadey Champions Diaspora Investment for Africa’s Transformation at Africa Prosperity Dialogues 2025

934  Alex Apau Dadey, Executive Chairman of KGL Group of Companies, delivered a keynote address today at the African Prosperity Dialogues 2025, emphasizing the transformative potential of public-private partnerships (PPPs) and diaspora investment in driving sustainable economic growth across the African continent. Mr. Dadey’s address underscored the need for collaborative efforts to redefine Africa’s future, […]

Business

Beads Sellers Association Urges Finance Minister to Tackle Rising Exchange Rates

986  Nana Akosua Pokuaa, the Deputy Queen-mother of the Ashanti Regional Beads Sellers Association, is calling on Finance Minister Ato Forson to take immediate action to address the rising exchange rates that are threatening local businesses, particularly bead sellers. The increasing exchange rates are causing significant financial strain on small businesses, making it difficult for […]

Business

Ghana Gold Board Committee Inaugurated

1,023  In a bid to maximize the economic potential of Ghana’s gold resources, Finance Minister Dr. Cassiel Ato Forson has inaugurated a Technical Committee tasked with drafting the legal and operational framework for the establishment of the Ghana Gold Board (GoldBod). The inauguration, held at the Ministry of Finance on January 27, 2025, marks a […]