Business
MoF, MASLOC board can’t be left off the hook in the misappropriated funds – Harry Yamson
A Public Sector Analyst Harry Yamson says the Ministry of Finance (MoF) and Board of Microfinance and Small Loans Centre (MASLOC) cannot be left off the hook in the case of misappropriated funds and financial loss caused to the state. His concerns follow the sentencing of former MASLOC Boss, Sedina Christine Tamakloe Attionu, and Daniel […]
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Headlines
2024 Election: An electoral tsunami will hit Ghana – Prof. Wutor
President of the Canada branch of the Professionals Forum (PROFORUM) of the opposition National Democratic Congress (NDC), Prof. Victor Wutor has predicted what he terms an electoral tsunami come December 7. The Professor of Biotecnology at the Rhodes University has therefore charged members of the NDC to stand ready. Speaking at the Diaspora Townhall Forum […]
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Economy
Gov’t determined to reach debt agreement within sustainable targets
By Joshua Worlasi AMLANU joshua.amlanu@thebftonline.com Finance Minister Dr. Mohammed Amin Adam has assured that government is pushing forward with its debt negotiations, determined to reach an agreement with its creditors that is acceptable to all parties while staying within the sustainability targets of its IMF-supported economic programme. Ghana is aiming to cut US$10.5billion from its […]
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World News
Macron says Paris Olympics opening ceremony could be moved
French President Emmanuel Macron says the Paris Olympics opening ceremony could move from the River Seine if the security risk is too high. Mr Macron said it could be “limited to the Trocadéro”, across the Seine from the Eiffel Tower, instead of covering the planned stretch of the river. He added that it could even […]
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Editors Pick
NDC Norway Branch stands firm against corruption, calls for accountability
Dr. Rashid Pelpuo, Member of Parliament for the Wa constituency and a key figure in the National Democratic Congress (NDC), engaged some members of the NDC Norway branch in Oslo to discuss critical national issues concerning Ghana’s economy and national politics. The meeting, held on the sidelines of the United Nations conference on Parliamentarians, focused […]
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Featured
Akufo Addo administration has crossed many red lines in Ghana’s democratic practice – Mahama
Former President John Dramani Mahama has accused the Akufo-Addo administration of crossing several red lines in Ghana’s democratic practices. The flagbearer of the National Democratic Congress (NDC) said President Akufo-Addo has put political convenience ahead of democratic consolidation. This, in his view, has left Ghana poorer. In a post on his x platform, he said […]
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Banking & Finance
OmniBSIC Bank makes GH¢150m gain in 2023
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […]
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Business
IMF deal: Performance indicators contributed to completion of 2nd review – Amin Adam
Dr Mohammed Amin Adam, the Minister of Finance, has outlined key performance indicators that led to the successful completion of the Second Review by the International Monetary Fund (IMF). On Saturday, April 13, 2024, the IMF disclosed that it had reached a staff-level agreement on the second review of the extended credit facility with Ghana. […]
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World News
Biden vows US support for Israel after Iran attacks
US President Joe Biden has condemned the Iranian drone attacks on military facilities in Israel, reiterating Washington DC’s “ironclad” support and a coordinated Group of Seven (G7) diplomatic response, even as reports started to emerge that he is also seeking to de-escalate the situation. Biden cut short a trip to Delaware and returned to the […]
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General News
GARID Project: KON promises to clear funding hurdles
The Minister of Works and Housing, Kojo Oppong-Nkrumah, last Friday, April 12, 2024 convened a meeting with the Project Contractors of the Greater Accra Resilient and Integrated Development (GARID) Project. The main agenda was to assess the project’s current status and address issues hindering its progress. In his opening remarks, Mr Oppong-Nkrumah expressed gratitude to […]
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General News
Ken Agyapong’s lawyer wants Naa Torshie to partner Bawumia
Ralph Agyapong, who is a legal representative and brother of Assin Central MP, Kennedy Agyapong, has described Irene Naa Torshie Addo as the ideal female candidate to partner Dr. Mahamudu Bawumia, ahead of the December elections. According to Ralph, the choice of Irene Naa Torshie Addo as running mate to Dr. Mahamudu Bawumia is one […]
The post Ken Agyapong’s lawyer wants Naa Torshie
Banking & Finance
OmniBSIC Bank makes GH¢150m gain in 2023
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […]
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Banking & Finance
Fidelity Bank reaffirms commitment to empowering women-owned businesses
Fidelity Bank, Ghana’s largest privately-owned bank, reaffirmed its commitment to empowering women entrepreneurs during the Women in Business Dialogue Series hosted by the Business and Financial Times. Nana Esi Idun-Arkhurst, Divisional Director, Retail & Business Banking at Fidelity Bank, delivered impactful insights at the event, emphasizing the importance of cultivating investor-ready businesses and Fidelity’s commitment […]
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General News
Government Assures Ghanaians Of No New Taxes
Mohammed Amin Adam In a press briefing held on Saturday, Finance Minister Mohammed Amin Adam assured Ghanaians that the government is committed to not burdening citizens with more taxes.
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General News
Ukraine Opens Resident Mission In Accra
In a significant move to strengthen diplomatic relations, Ukraine officially inaugurated its Embassy in Accra, affirming its commitment to enhancing bilateral cooperation with the Republic of Ghana. The ceremony,
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Energy
Akufo-Addo to recommission AMERI power plants commissioned under Mahama – John Jinapor
Ranking member of the Mines and Energy Committee of Parliament and MP for the Yapei-Kusawgu constituency, John Abdulai Jinapor, has stated that the NDC will no longer countenance attempts by the Akufo-Addo-Bawumia government to rename projects commissioned under former President John Dramani Mahama. Mr. Jinapor’s comments follow reports that the government is set to commission […]
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Featured
Sacked D-G of SSNIT has not engaged in any malfeasance – Presidency
The Presidency has refuted speculations that the outgoing Director-General of the Social Security and National Insurance Trust (SSNIT), Dr John Ofori-Tenkorang was dismissed for engaging in some wrongdoing. A statement released by the Director of Communications for the Presidency, Eugene Arhin said, such speculations have no basis. “Contrary to some speculations in the media, the […]
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