Business News of Friday, 11 August 2023 Source: www.ghanaweb.com   The International Monetary Fund The International Monetary Fund (IMF) has justified the Bank of Ghana’s GH¢60 billion impairment loss recorded in the 2022 fiscal year. The Bretton Wood institution in a post captured on its website about Ghana on August 10, 2023 said there is no cause for alarm. It upheld the position that ...

Business News of Sunday, 6 August 2023 Source: www.ghanaweb.com   Deputy Minister for Finance, John Ampontuah Kumah Deputy Finance Minister, Dr. John Ampontuah Kumah, believes that the recent “turning the corner” comment made by the Finance Minister, Ken Ofori-Atta, during the 2023 mid-year budget review in parliament is being misconstrued. According to him, the statement does not mean the country has finally ...

General News of Thursday, 3 August 2023 Source: starrfm.com.gh Speaker of Parliament, Alban Bagbin The Speaker of Parliament, Alban Bagbin has tasked the Finance Committee to investigate an exposé by North Tongu Member of Parliament, Samuel Okudzeto Ablakwa which he terms the Kitchen Cabinet Scandal. According to Ablakwa, cousin to President Akufo-Addo and leading member of the governing New Patriotic Party (NPP) Gabby Asare Otchere-Darko has been ...

General News of Thursday, 3 August 2023 Source: starrfm.com.gh   CEO of Beige Bank, Mr. Michael Nyinaku It has emerged at the Financial and Economic Division of the High Court in Accra that some of the charges levelled against the founder of defunct Beige Bank, Mr. Michael Nyinaku, including money laundering of over GHc400 million were not investigated by the case ...

Business News of Tuesday, 1 August 2023 Source: rainbowradioonline.com   Gender Minister, Lariba Zuweira Abudu The contracts of school feeding caterers have expired, according to Lariba Zuweira Abudu, Minister for Gender, Children, and Social Protection. The Minister, who is also the Member of Parliament for Walewale, revealed this when she appeared before Parliament on Tuesday, August 1, 2023, to answer questions. She told the House ...

Business News of Wednesday, 2 August 2023 Disclaimer Source: bog.gov.gh   Bank of Ghana | File photo The Bank of Ghana reported a Loss of GH¢60.8 billion. What is driving this huge loss: The main reason for this huge loss is the impairment of the holding of marketable Government stocks and non-marketable instruments of Government all being held in the books of the Bank ...

Business News of Wednesday, 2 August 2023 Source: www.ghanaweb.com   Director of Research at the Bank of Ghana, Dr Philip Abradu-Otoo has said the Central Bank will not be impacted by the second round of Domestic Debt Exchange Programme launched by the government. He explained that some three instruments consisting of marketable instruments, non-instruments and COCOBOD bills largely contributed to the ...

Business News of Thursday, 13 July 2023 Source: www.ghanaweb.com Godfred Yeboah Dame, Attorney-General and Minister for Justice The ECOWAS Community Court of Justice (CCJ) has thrown out a law suit brought against the Government of Ghana seeking to challenge the propriety of a Gold Royalties Monetisation Transaction also known as the Agyapa deal. This is according to a report by Graphic.com.gh ...

Business News of Thursday, 6 July 2023. Source: thebftonline.com   Some 2.5 million people are yet to register for their Ghana Cards The Executive Secretary of the National Identification Authority (NIA), Prof. Kenneth Agyemang Attafuah, has said over 800,000 printed national identification cards (Ghana Card) remain uncollected. According to Prof. Attafuah, the NIA has opened a total of 276 district offices ...

play videoFinance minister Ken Ofori-Atta Finance Minister Ken Ofori-Atta has likened his dream for Ghana’s tourist sector to the instance where Queen Sheba was astonished by King Solomon’s country when she visited him in Bible days. The minister in his address during the launch of the redeveloped and refurbished Kwame Nkrumah Park said the government is doing all it takes to make ...