January marks a New Year with new resolutions, and new promises to yourself to fulfil your financial goals. This new year, follow in the famed footsteps of Otedola, newly appointed ambassador for Nigerian fintech start-up Bamboo, and start this year on a high with a stream of global and local investment options using Bamboo. Remarkably, […] The post Temi Otedola is Bamboo’s new Ambassador
Veteran Ghanaian highlife musician, Kwesi Pee has divulged how his father wanted him to be a footballer. Known in real life as Akwasi Opoku, Kwesi Pee was born to the legendary highlife artiste, Agyaaku who owns the Yamoah and Sunsum Mystics Band and known for the monster hit song ‘Serwaa Akoto’ produced many decades ago. […] The post My father wanted me to
On this edition of Citi FM and Citi TV’s Effective Living Series, a Family Finance Consultant, Charles Mensah, entreated Ghanaians to stay out of excessive debt. According to him, it’s disastrous for people to be indebted in the economic conditions the country is faced with. He advised Ghanaians to stop keeping up appearances to please […] The post Effective
The Black Galaxies of Ghana will face either Cameroon or Niger in the last eight stage of the 2022 African Nations Championship in Algeria. The clash will take place at the Miloud Hadefi Stadium, Oran on Saturday, January 28, 2023, at 7 pm Ghana time. This was confirmed after Madagascar beat Sudan 3-0 to top […] The post CHAN 2022: Black Galaxies to face
The University of Ghana security has arrested an individual with a fake student ID who was being influenced by some persons to pose as a stranded student for media attention. The management of the University in a statement said the individual confessed to living in Commonwealth Hall illegally last academic year. According to the statement, […] The post Fake Commonwealth
Datamaker Ghana Limited, a licensed Ghana Free Zones Enterprise, headquartered in Korea (Datamaker, CEO: Enoch Lee) released its plans to equip over 500 Ghanaian youth with Artificial Intelligence (AI) related ICT Skills this year. Datamaker in partnership with the Korea International Cooperation Agency (KOICA) under a five-year (2021-2025) Inclusive Business Solution (IBS) Program runs the […] The post Datamaker
GTBank Ghana has issued a statement to clarify concerns raised on social media over debits on some accounts believed to be engaged in crypto currency. Below is the full statement from the bank on the issue: In reference to the concerns raised to @gtbankghana on some account debits, we wish to state that the few […] The post GTBank clarifies crypto currency trading debits
The government has revised some terms of its Domestic Debt Exchange Programme (DDEP) following discussions with the Ghana Association of Banks. Hitherto, the new bonds under the programs were not to accrue any interest until 2024, starting at 0% coupon in 2023 which steps up to 5% in 2024 and 10 % from 2025. But […] The post DDE: Banks secure 5% coupon for 2023; other revisions
The Minority in Parliament has dismissed assertions by the government that the gold for oil deal will lead to a reduction of fuel prices in the coming days. The group alleged that the oil was purchased at a premium rather than a discount and will not amount to a drop in fuel prices. The government […] The post Govt lied; gold for oil deal won’t lead to cheaper
A 33kV earthen transformer has been gutted by fire at the Electricity Company of Ghana Limited (ECG) Achimota Bulk Supply Point (BSP) at Abelemkpe in Accra. The swift intervention by personnel of the Ghana National Fire Service at Abelemkpe helped to quench the inferno and prevented it from spreading to other installations at the station. […] The post ECG’s
Some aggrieved customers of GTBank massed up at the premises of the headquarters of the financial institution on Monday to protest suspicious debits on their accounts. The customers in question have been accused of trading in cryptocurrencies. The angry customers were at the bank’s head office at North Ridge to demand an urgent rectification of […] The post Customers
Some aggrieved customers of GT Bank massed up at the premises of the headquarters of the financial institution on Monday to protest suspicious debits on their accounts. The customers in question have been accused of trading in cryptocurrencies. The angry customers were at the bank’s head office at North Ridge to demand an urgent rectification […] The post Customers
The Auditor-General’s report on the government’s Covid-19 expenditure has revealed that three treatment, isolation and holding centres completed at a total cost of GH¢29,173,259.90 were yet to be put to use. The report states that the Project Engineers explained that civil works, refurbishment, and the necessary equipment had been provided awaiting the Ministry of Health […] The post Covid-19:
The National Disaster Management Organization (NADMO) in the Nsawam Adoagyiri Municipality of the Eastern Region has threatened to demolish all structures being put up by developers within buffer zones of quarry companies operating in the area. Quarry companies operating in the Nsawam Municipality have lodged series of complaints to the Municipal Security Council about the […] The post NADMO
Some Ahanta Chiefs from the Upper Dixcove Traditional Council in the Ahanta West Municipality of the Western Region are demanding prosecution and a severe sentence for an alleged galamsey kingpin they arrested at Ahanta Banso and handed over to the Agona Nkwanta Police station. Speaking to Citi News at the Agona-Nkwanta Police Station after the […] The post Ahanta chiefs
Licensed gold exporters have expressed fear that they will lose their jobs following the implementation of the government’s gold-for-oil policy. The exporters are worried the implementation of the policy will affect jobs and cause revenue shortfalls. The government has taken delivery of the first consignment of petroleum products under its gold for oil policy which […] The post Gold
AfriCatalyst, a leading pan-African development consultancy firm based in Dakar, Senegal, in partnership with The Center for Global Development (CGD), a nonprofit think tank based in Washington, DC, is to organize a hybrid event to discuss and share expertise on the role of SDRs in spurring Africa’s economic recovery. In August 2021, the IMF board […] The post AfriCatalyst
On 25th November 2022, the Reuters online news portal reported a news item on the government of Ghana’s policy to use gold in exchange for oil. The report is quoted as saying: “Ghana’s government is planning a new policy whereby gold rather than U.S. dollar reserves will be used to buy oil products. The move is […] The post Gold-for-oil policy; hidden taxes
Government has defaulted in the payment of matured investments of cocoa bills. The six-month Cocoa bill with face value of ¢940.42 million matured on January 19, 2023, but the BoG admitted defaulting explaining that although it went through the usual processes to reissue on behalf of COCOBOD to raise funds to cover the maturing obligation, […] The post Govt
A baby girl believed to be two weeks old was found dead Monday dawn, January 23, 2023, at Sefwi Bekwai, in the Bibiani Ahwianso Bekwai Municipality of the Western North Region. The situation has sent shivers down the spine of the inhabitants of the area. Narrating the incident, an eyewitness who is a Zoomlion worker, […] The post 2-week-old baby found dead at refuse dump appeared
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