Business News of Friday, 16 December 2022 Dollar bills An economist at the University of Ghana, Professor William Baah-Boateng, has asked the Bank of Ghana to ensure that persons who do not need dollars for business or payment of fees are not given access to buy them. According to him, such persons also account for the depreciation of the cedi. ...
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NSA demand $2M from Black Stars World Cup money – Report
Sports News of Friday, 16 December 2022 The Black Stars of Ghana The National Sports Authority have reportedly demanded $2 million out of the money given to FIFA for the participation of the Black Stars in the 2022 FIFA World Cup. The Black Stars who made their 4th appearance in the FIFA World Cup earned $9 million from exiting the group stages of the ...
Read More »LIVESTREAMED: Joint press conference of Ministry of Finance, BoG and IMF underway
General News of Tuesday, 13 December 2022 play videoThe joint press conference is taking place at the Ministry of Finance in Accra The Ministry of Finance is holding a joint press conference with the Bank of Ghana and the International Monetary Fund. GhanaWeb Business sources say the briefing will announce a concrete outcome from months of negotiations as government seeks ...
Read More »Central Bank upgrades GH¢1 coin with enhanced security features
The new GH¢1 coin will be in circulation from December 12, 2022 The Bank of Ghana (BoG) has upgraded the GH¢1 coin with some enhanced security features. According to a statement issued by the Central Bank on December 6, 2022, the coins are expected to be in circulation from Monday, December 12, 2022. It further explained that the coin is similar ...
Read More »Nobody approached me to play for Ghana – Danny Welbeck
Danny Welbeck English player of Ghanaian descent, Danny Welbeck has disclosed that no official from the Ghana Football Association approached him officially to switch nationalities and play for the Black Stars. The 32-year-old who came through the ranks at Manchester United was born to Ghanaian parents and grew up in the United Kingdom. According to him despite knowing he ...
Read More »Supreme Court won’t change its decision on Opuni – Principal State Attorney predicts
Justice Clemence Jackson Honyenuga A principal state attorney has predicted the outcome of a certiorari and prohibition application before the Supreme Court and has therefore, asked the High Court to dismiss an application for a stay of proceedings by counsel for former COCOBOD boss Dr. Stephen Opuni. Stella Ohene Appiah asserted that the applicant had been unsuccessful in previous ...
Read More »‘You are on your own!’ – Minister cautions bondholders who reject debt operation
John Kumah, Deputy Minister of Finance and MP for Ejisu Deputy Minister of Finance, John Kumah, has underscored the enormity of the economic challenge that government is currently faced with and has thus urged institutional bondholders to sign on to the current domestic debt exchange proposed by government. Kumah told Joy FM on Tuesday, December 6; that the consequences for ...
Read More »Tears after victory! – John Mahama mocks Luis Suarez after World Cup exit
Luis Suarez Former president, John Dramani Mahama has mocked Uruguay player, Luis Suarez after photos of the latter circulating after the match showed him in tears despite Uruguay’s 2-0 win over Ghana on Friday, December 2, 2022. Luis Suarez broke the hearts of many Ghanaians and Africans as he cleared Ghana’s goal-bound header off the line at the 2010 FIFA ...
Read More »Business News of Monday, 5 December 2022Source: www.ghanaweb.comDomestic Debt Exchange: Economist educates Ofori-Atta, Gabby on ‘implicit haircuts’« PrevNext »Comments (0)Listen to Article WhatsApp Facebook Twitter Email This Gabby Asare Otchere-Darko, President Akufo-Addo and Ken Ofori-Atta Gabby Asare Otchere-Darko, President Akufo-Addo and Ken Ofori-Atta Related Articles: Ghana to swap Cedi debt for new bonds in restructuring Ghana to swap Cedi debt for new bonds in restructuring Ghana, UAE non-oil bilateral trade hits $2.7 billion – Ambassador Ken Ofori-Atta announces Ghana’s Domestic Debt Exchange Economic crunch: Learn from Mahama’s ‘Senchi’ approach – Rev. Opuni-Frimpong to Akufo-Addo Read all related articles
Business News of Monday, 5 December 2022 Source: www.ghanaweb.com Minister of Finance Ken Ofori-Atta announced a Domestic Debt Exchange on December 4, 2022; with the view that details of the said programme will be presented today, December 5. One of three key points he put out in his four-minute address was the fact that there “There will be NO haircut on ...
Read More »Why Ghana’s John Cabess is the 1st African millionaire trader to compete with Europeans in 1700s
The ruins of Fort Komenda found in British Komenda in the Central Region. Image: Wikimedia Commons/F A great African merchant, businessman, and state-builder, John Kabes (also spelled John Cabess or John Cabes) established the paramount stool of the prosperous port city of Komenda in the Eguafo Kingdom of the Gold Coast (Ghana). Despite his tight links to the British and ...
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