Fire Ravages GBC Stores
Fire has gutted sections of store houses at the Ghana Broadcasting Corporation. The fire which started around 6.50pm ravaged several items worth thousands of cedis. Deputy Public Relations officer,...
Tag: Ghanaian cedi
Cedi’s Woes Hamper Stock Exchange’s Performance
The Ghana Stock Exchange (GSE) closed in the red in the week ending June 9, making it the second consecutive decline in recent times. The decline in the two market indices was due to currency...
Inflation To Increase To 13.3% In May 2017
Ghana Statistical Service (GSS) is expected to announce the consumer price inflation for the month of May 2017 in the coming days. The year-on year inflation rate measured by the CPI with 2012 as the...
Stock Market Growth To Continue To Year-End – Analysts
Stock market analysts are confident that the positive performance of the Ghana Stock Exchange will continue till the end of 2017. After recording negative growth for about two consecutive years, the...
NPP Can’t Fulfill All Promises In 6 Months – Adams
The National Organiser of the National Democratic Congress (NDC), Kofi Adams, has observed that the governing New Patriotic Party (NPP) is not expected to fulfil all the promises it made ahead of...
Principal of Tepa Nursing College Fingured In GHC10m Fraud
The Principal of the Tepa Nursing and Midwifery training college in the Ahafo Ano North of the Ashanti region, Ms. Victoria Amoah and an accountant Asamoah Richard have been fingured in a massive...
I Never Said $2.25bn Bond Was Issued In Dollars – BoG Man Clarifies
The Head of Financial Services at the Bank of Ghana, Stephen Opattah has dismissed claims suggesting that he had said the $2.25 billion bond was issued in dollars. The bond which was issued in April...
Ghana Cocoa Board Debt Reaches $2.2 Billion As Prices Slump
Ghana’s cocoa regulator said it is 10 billion cedis ($2.2 billion) in debt after the nation missed its production target in the previous season and as a slump in prices is weighing on revenues from...
We’ll Still Continue Our Queries – NDC MPs
The minority in parliament says it is still pursuing the controversial 2.25 billion dollar bond issue by the Akufo-Addo government to prove that the bond was not issued in the right manner. It said...
What One Must Pay To Dine With Floyd Mayweather In Ghana
The price listing of Floyd Mayweather’s visit to Ghana is one that will definitely send heads turning, eyes rolling and tongues wagging in what may probably be the highest fees seen in a visit by...
Guess What One Must Pay To Dine With Floyd Mayweather Jnr In Ghana
The price listing of Floyd Mayweather’s visit to Ghana is one that will definitely send heads turning, eyes rolling and tongues wagging in what may probably be the highest fees seen in a visit by...
US$2.25bn Bond Didn’t Add To Ghana’s Debt – Ofori-Atta Tells Minority
The Finance Minister Ken Ofori-Atta says the controversial bond raised by government earlier this year is a net debt neutral which does not add to Ghana’s debt stock. Responding to Parliament’s...
Ghana, Cote d’Ivoire To Fix Cocoa Price Index – Deputy Minister Hints
The deputy minister of agriculture William Agyapong Quaittoo has hinted of government’s plan to agree with neighbouring Cote d’Ivoire on fixing cocoa price at the international market. The move...
US$2.25bn Bond Didn’t Add To Ghana’s Debt – Ofori Atta Reiterates
The Finance Minister Ken Ofori Atta says the controversial bond raised by government earlier this year is a net debt neutral which does not add to Ghana’s debt stock. Responding to Parliament’s...
Devalued Currency Is A Blessing For Ghana – Henri Wientjis
Businessman and CEO of the African Tiger Holdings Limited, Henri Wientjis has suggested that Ghana’s devalued currency is a blessing for the country. He argues that the depreciation of the cedi...
Sosu Vs Legal Council: Lawyers Must Be Allowed To Advertise
A legal practitioner has described as a “little outmoded” the code that prevents lawyers from touting or advertising. Martin Kpebu believes in the current technological dispensation where social...
Finance Minister Corrects NDC MPs
Finance Minister, Ken Ofori-Atta has corrected National Democratic Congress (NDC) Parliamentarians who are under the impression that global investment firm Franklin Templeton, is a person. The...
Anticipated Further Rise In YTD Market Return
Trading activity in terms of volumes on the stock market increased by 310.87% in the week under review as volumes of shares traded scaled up by 3,750,533. Further, the total values of shares traded...
Amandzeba, David Dontoh To Open Defence In Ghc93,000 Theft Case
A Circuit Court in Accra has ordered two Ghanaian celebrities David Dontoh, and Nat Brew Amandzeba, to open their defence in a case in which they are alleged to have stolen GHs93,000 cedis...
Delay In Payment Is Cause of Bloated Projects – Government Told
The cases of financial malfeasance in public procurement have been attributed to the delay on the part of government to pay contractors. There have been many cases in recent times where the cost of...