By Bernard Yaw ASHIADEY The government, it seems, has greenlit the sale of Newmont’s assets to Chinese investors for a staggering US$1billion. This decision, ostensibly made for an additional US$150 million above what indigenous investors, backed by local funds offered, raises profound questions about the nation’s economic strategy and its commitment to sustainable development. The […] The post

By Evelyn ARTHUR As Africa progresses towards full implementation of the Africa Continental Free Trade Agreement (AfCFTA), key industry experts continue to emphasize the importance of understanding and complying with the agreement’s core principles. One of such is Mette Werdellin Azzam, Lead Origin Expert for the World Customs Organization’s (WCO) EU-WCO Rules of Origin Africa […] The post

In spite of a 59 percent decline in attempted fraud cases within the banks and Specialised Deposit Taking Institutions (SDI) sector in 2023, the total loss value surged to approximately GH¢72 million – indicating a 29 percent increase over the GH¢56million recorded in 2022. Across the two sectors, total value of fraud cases reported in […] The post Editorial:

By Juliet Aguiar DUUGBARTEY Two hundred teachers within the Ahanta West municipality of Western Region have participated in a four-day training on phonics, organised by Yinson Ghana. The training provided teachers with innovative strategies and practical techniques that enhance teaching practices and, ultimately, improve learning outcomes. Edward Mensah, Corporate Social Responsibility Coordinator at Yinson Ghana,mentioned […] The post

The African Diaspora Central Bank (ADCB) has announced its sponsorship of six ultra-luxury cruise ships, valued at AKL LUMI 560 million (US$9 billion), for Nigeria’s ambitious IPADA project. This groundbreaking initiative is set to reshape the tourism and investment landscape of Nigeria and the African continent, with the ADCB taking a pivotal role in the […] The post ADCB

The Minerals Income Investment Fund (MIIF) hosted the highly successful second MIIF Stakeholder Conference at the Marriott Bonvoy Hotel on 15th October 2024. The event, themed “Minerals Value Addition and Value Chain Development – Essential Tools for Ghana’s Development,” provided a crucial platform for discussions on enhancing Ghana’s mining sector through value addition, governance, and […] The post

By Joshua Worlasi AMLANU, Washington D.C  The International Monetary Fund (IMF) has revised its economic growth forecast for Ghana, projecting a 4 percent growth rate at the end of 2024 – up from its previous 3.1 percent estimate. This updated projection was presented by Abebe Aemro Selassie, Director of IMF’s African Department, at a media […] The post IMF projects economy

By Joshua Worlasi AMLANU, Washington DC Dr. Ernest Addison, Governor-Bank of Ghana, has stressed the need for greater private sector involvement in the G20 Common Framework for Debt Treatments. Speaking at the October 2024 Africa Caucus Meeting with the International Monetary Fund (IMF) Managing Director during the IMF/World Bank meetings in Washington DC, USA, Dr. […] The post

By Joshua Worlasi AMLANU, Washington D.C   Ghana has signed a $260 million financial package with the World Bank to address critical challenges in its energy sector. The agreement, comprising a US$250 million credit and a US$10 million grant, marks the country’s first energy sector partnership with the World Bank in Washington, D.C., in over […] The post Ghana,

By Allen Olayiwola In a stark revelation, almost half (46percent) of businesses have experienced a data breach in the past year, according to the government’s Cyber Security Breaches Survey 2017. This alarming statistic highlights the pressing need for organizations to recognize and mitigate the security risks posed by new cloud-based software, such as Office 365. […] The post

Oyster Agribusiness, an innovative agri-tech company specializing in climate-smart agriculture, has raised US$2 million in funding to expand its operations and deepen its impact on smallholder farmers across Ghana. This milestone was made possible through the support of Root Capital, RDF Ghana, and Sahel Capital Social Enterprise Fund for Agriculture in Africa (SEFAA FUND), with […] The post Oyster Agribusiness

bags GH¢11.69 million profit pays GH¢0.050p as dividend By Seth KRAMPAH, Antoakrom Amansie Rural Bank PLC, at Antoakrom in the Amansie West District of Ashanti Region, has recorded impressive growth in all indicators in the 2023 year under review. The Bank posted a pre-tax profit of approximately GH¢ 11.7 million in the 2023 period under […] The post Amansie