James Klutse Avedzi The Public Accounts Committee (PAC) of Parliament has ordered the immediate arrest of the Northern Regional Director and Accountant of the National Sports Authority (NSA). The Read More... The post NSA Director Hot Over GH¢ 160k appeared first on
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
The post Controller & Accountant General Dodges Public Accounts Committee Post Primary Loss appeared first on Citinewsroom - Comprehensive News in Ghana.
The MFR Certification Committee has awarded Bayport Ghana the GOLD level of achievement in terms of client protection. The GOLD level is the highest level of achievement and signifies that Bayport meets the most rigorous standards of Client Protection found in the Universal Standards for Social and Environmental Performance Management. MFR is a global rating […] The post Bayport
Deputy Finance Minister Abena Osei-Asare has defended the 2017 financial sector clean-up, which led to the liquidation of 420 institutions. She put up the defence in response to the Chairman of the Public Accounts Committee, James Klutse Avedzi, who attributed the tax default of some of the institutions to the financial sector clean-up. The Ghana […] The post Abena Osei-Asare
The World Bank Group has welcomed the agreement in principle on the key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework. This agreement, which is consistent with the Joint WB-IMF Debt Sustainability Framework, represents a critical milestone toward restoring debt sustainability in this country. […] The post World
The government has announced that it has reached an agreement with its Official Creditors in restoring debt sustainability in line with the International Monetary Fund (IMF) programme targets. The government is seeking to secure the 2nd tranche of the IMF bailout after securing the 1st tranche in 2023. The government embarked on a Domestic Debt […] The post IMF
Airline regulators will not be rushed into clearing grounded Boeing 737 Max 9 planes after a mid-air blowout, the US government has said. The aircraft, which were suspended in the US following an incident on an Alaska Airlines flight “need to be 100% safe”, said Transportation Secretary Pete Buttigieg. It is unclear when the planes […] The post US official says Boeing
Founder and Board Chairman of Quick Credit, Richard Nii Armah Quaye, has announced that his company will no longer undertake house-to-house recovery of loans. Quick Credit had been in the news in the past months due to the activities of its loan recovery officers. Videos on social media capture confrontations between these officers and customers […] The post Quick Credit
Ghana’s official creditors are scheduled to meet on Monday to discuss restructuring some $5.4 billion in loans to the country, three sources told Reuters, a key step needed to secure its next tranche of funding from the International Monetary Fund. The bilateral lenders, including the governments of China and France who co-chair the Official Creditor […] The post Ghana’s
A 55-year-old social development consultant who filed his nomination to contest the New Patriotic Party’s parliamentary primaries in the Nandom constituency of the Upper West region has been disqualified by the vetting committee. Mr. Alois Kog K. Moh, a former member of the National Disciplinary Committee of the NPP, was the only contender seeking to […] The post NPP
The Minority Caucus on the Lands and Forestry Committee of Parliament has supported calls for the revocation of the legislative instrument L.I 2462, which is designed to protect the country’s forest reserves. A group of civil society organizations has petitioned Parliament and the President to revoke the L.I, arguing that since its passage a year […] The post Minority
AngloGold Ashanti’s Obuasi mine has been the bedrock and financial pillar of Obuasi’s economic activities for decades, serving as a major source of revenue and employment for the community. The mine, in operation since 1897, has significantly contributed to the development of the town and its surrounding areas by supporting various social and environmental initiatives, […] The post Obuasi
In collaboration with the French Embassy, the National Paralympic Committee of Ghana (NPC-Ghana) orchestrated a national para-powerlifting competition, featuring 30 para-powerlifters from five regions of Ghana, namely Ashanti, Bono, Central, Greater Accra, and Western. The event, held on December 6, 2023, at the African Paralympic Committee North Region office in Accra, was a commemoration of […] The post NPC-Ghana
Mayur Patel (L) in a group photograph with M-KOPA’s members M-KOPA, a leading African fintech platform, has announced the official launch of its flexible digital financing model in Ghana Read More... The post M-KOPA Expands To Ghana
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