Business General News

Ghana misses restructuring target in blow to ailing currency

1,639  Ghana’s cedi, the world’s second-worst performing currency this year, is heading for more pain after the the country missed a self-imposed deadline to restructure its bilateral debt and move closer to tapping foreign aid. Finance Minister Ken Ofori-Atta wanted to reach a restructuring agreement with bilateral creditors by the end of February to help […]

Business General News

Daily Graphic Gets New Editor- Company names 3 others to strengthen brands

1,064  The Graphic Communications Group Ltd (GCGL) has appointed Theophilus Yartey as the new Editor, Graphic, with effect from today, March 1, 2023. He takes over from Kobby Asmah, who attained the official retirement age of 60 yesterday. The Editor, Graphic is an executive management position of the GCGL, with oversight responsibility over all other […]

Business General News

Ghanaians Donate Over 6,000 Units Of Blood At MTN Foundation ‘Save  A Life’ Campaign On Val’s Day

1,172    The MTN Ghana Foundation’s annual ‘Save A Life’ campaign yielded its highest ever donation of blood at the 2023 edition of the event. About 6,440 units of blood was collected during the blood donation campaign which takes place every year on St. Valentine’s Day. The ‘Save a Life’ campaign mobilizes partners and customers […]

Business General News

Kwadwo Baah Agyemang receives Bidec Award At Black History Festival.

708  The Bureau for International Exchanges and Commerce (BIDEC), USA  has presented a meritorious award on Kwadwo Baah Agyemang,  Chief Executive Officer (CEO) for the Ghana Digital Centres (GDCL). Conferring the award, BIDEC said it was very intrigued and happy with the outstanding display of competence by the CEO of the GDCL in the Digital […]

Business General News

Banks will suffer with appointment of IMF resident advisor for BoG – Prof. Gatsi

643  The Dean of Cape Coast University Business School, Professor John Gatsi says banks will suffer in meeting international standards when the International Monetary Fund’s (IMF) resident advisor for financial sector supervision to the Bank of Ghana (BoG) takes office. According to him, the move by the IMF will make the governor and deputies at […]

Business General News

Tullow refers almost $300m tax dispute with GRA to International Arbitration

676  Tullow Oil Plc has announced that Tullow Ghana Limited (TGL) has filed requests for arbitration with the International Chamber of Commerce in London in respect of two disputed tax assessments received from the Ghana Revenue Authority (GRA). In a notice to investors, the oil giant said the assessments relate to the disallowance of loan […]