643Deputy Energy Minister, Andrew Egyapa Mercer has disclosed that the first consignment of fuel under Ghana’s Gold for Oil deal will arrive on the shores of the country in January 2023. The Deputy Minister in an interview with Benjamin Akakpo on the AM Show on Wednesday, said the necessary agreement needed had been completed for the first […]
Business
Debt restructuring may worsen economic situation if not managed well – Bright Simons
658 Vice President of IMANI Africa, Bright Simons says Ghana’s economic situation may worsen if the government does not manage its debt restructuring effectively. Speaking on Ghana’s Debt Restructuring Forum organized by Citi TV/Citi FM in collaboration with ACEP and IMANI Africa, on the theme, Ghana’s Debt Saga: Now, What Next? Bright Simons mentioned some […]
9 Eurobonds maturing in 10 years could cost government $7.85bn – Finance Ministry
635 The government of Ghana was expected to pay outstanding Eurobond loans worth at least $7.85 billion in the next 10 years, without a debt restructuring. According to data contained in the 2021 debt report released by the Finance Ministry, nine outstanding Eurobonds maturing in the next the 10 years could cost government at least […]
Petrol Prices Will Reduce Further – Napo Hints
970 PRICES OF petroleum products are expected to reduce further in the coming months to help make life comfortable for Ghanaians, Minister of Energy, Dr. Matthew Opoku Prempeh, has assured. The minister, also known as ‘Napo’, noted that he was shocked to see that some Ghanaians were happy when the prices of petroleum products shot […]
MTN Momo Merchants, Agents Honoured
1,083 MTN Ghana has honoured its Mobile Money Merchants and agents in the Country for their commitments, contributions and support to make it a household name even in the face of economic challenges. Mr. Shaibu Harona, Chief Executive Officer (CEO) Mobile Money , MTN-Ghana , at the dinner and Awards night in kumasi last night […]
SATISFACTORY OUTCOME BY YAA ASANTEWAA RURAL BANK IN 2021.
1,575The annual general performance by the Yaa Asantewaa Rural bank in the 2021 financial year is reported to be satisfactory amid the difficulties and challenges in both macro and micro-economic environment. At the 9th annual general stakeholders meeting in Ejisu, the capital town of Ejisu municipality, the director, Mr. Samuel Addo Otoo, stated, “the year […]
FDA cautions public against buying expired goods ahead of Christmas
751 The Ghana Food and Drugs Authority is warning the general public to be cautious with the products they buy during the Christmas season to avoid poisoning and other disastrous consequences as a result of consuming fake and expired products. The Authority raised concerns over the annual offloading of expired products which are often characterized […]
Dollar further gives up to the Cedi
841The Ghana Cedi has continued its bullish run against major international currencies with a massive gain in value, sending the US Dollar tumbling with a current exchange rate of $1 to GH¢7.9, according to the Bank of Ghana (BoG). In the last two weeks, the cedi has been on a path of upsurge against all […]
Africa’s Super App ayoba announces major milestone of 20 million monthly active users
614MTN, in partnership with ayoba, Africa’s Super App, has reached an exciting 20 million monthly active users on 5th of December 2022. This represents growth of 100% compared to the 10 million monthly active users recorded at the same time last year. “We celebrate this milestone and are pleased that, through ayoba, we are able […]
KGL Group Partners the African Lottery Authority(ALA) on Responsible Gaming
827The KGL Group, a wholly owned Ghanaian group of companies with interests in technology innovation, Fin-tech, Logistics, property development, gaming and commerce title sponsored the just ended African Lottery Authority Conference, held in Accra, Ghana from the 7th to the 10th of December 2022. Speaking at the conference on the theme “Responsible Gaming”, Alex Dadey, […]