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1,334 By: David Amoateng _Amansie Central The Odotobri Rural Bank PLC has recorded profit of GH 3,858,080.34 2022 as against GH 2,826,809.77 representing an impressive increased profit margin. Savings account in 2022 is GH 97,256,191.89 as compared to Gh 73,917,904.51 2021, whereas Current account 2022 indicated 46,797,382.14 and 43,385,573.59 2021 respectively. Fixed deposits including […]
1,675 Cardinal Peter Appiah Turkson is seen by some as a candidate to become the first African Pope in about 1,500 years, but reacting to the suggestion jokingly, and interjecting while the question was still being posed, Cardinal Peter Appiah Turkson, said “I pray a lot also against it.” In a BBC Hard Talk interview […]
1,364 The Board of the Tema Oil Refinery (TOR) has promised to provide the Office of the Special Prosecutor (OSP) with all the necessary documentation for its investigations into the refinery’s intended deal with Torentco Asset Management Limited (TAML). In a bid to turn TOR from a debt-ridden company to a profitable path, a special-purpose […]
1,421 Six business associations have submitted a petition to Parliament urging the House to reject the import restrictions bill proposed by the government through the Ministry of Trade and Industry. The Joint Business Consultative Forum, comprising associations such as the Ghana Union of Traders Associations (GUTA), Food and Beverages Association of Ghana (FABAG), Importers and […]
1,442 The Minority in Parliament is accusing the government of indulging in corruption with party cronies through tax exemptions under the guise of the One District One Factory initiative. The Minority says “corruption-induced money that government officials got by inflating contracts and receiving kick-backs is also diminishing” due to the State’s inability to borrow to […]
1,467 Economist Prof. John Gatsi has suggested that electricity is essential if the 24-hour economy proposal by the flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, is to be implemented. He believes part of the manufacturing sector will be disincentivized if constant electricity is not provided to ensure effective production. The economist also […]
1,392 The Builsa South MP, Clement Apaak has condemned comments made by the Upper East Regional Minister, Stephen Yakubu over former President John Mahama’s 24-hour economy proposal. Mr Yakubu is seen in a video questioning the feasibility of the 24-hour economy idea. He argued that the proposed 24-hour economy would deprive farmers of their conjugal […]
1,537 Economist and Director of Operations at Dalex Finance, Joe Jackson, has expressed his strong belief in the feasibility of Mahama’s 24-hour economy policy. Jackson emphasized that the policy’s success hinges on the government’s ability to foster a conducive business environment. He highlighted the need for accessible financing and reduced tax burdens to support businesses. […]
1,428 A former Deputy Finance Minister and Member of Parliament for Cape Coast South, George Kweku Ricketts-Hagan, has expressed support for the introduction of the legislative instrument (L.I.) aimed at restricting the importation of specific strategic products. He believes the move could contribute to a reduction in the country’s import bill. However, he highlighted concerns […]
1,550 Political Risk Analyst, Dr Theo Acheampong has lauded the 24-hour economy idea proposed by former President and NDC presidential candidate for election 2024, John Dramani Mahama. According to him, the policy, if implemented effectively, could be beneficial in reducing the unemployment rate in the country. Dr Acheampong emphasised that the policy has the potential […]