General
Issue clearances for non-teaching staff recruitment in schools – TEWU to MoF
The Teachers and Educational Workers’ Union, TEWU of TUC-Ghana has called on the Ministry of Finance to issue financial clearance for the recruitment of non-teaching staff in educational institutions to accommodate the high number of students. The union emphasizes that the current workforce in these institutions is overstretched due to the annual influx of students. […]
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Western File
Jomoro MP rehabilitates another 17-km road linking four communities
The Member of Parliament for Jomoro Constituency in the Western Region, Dorcas Affo-Toffey, has reshaped a 17 kilometer road linking four communities in the constituency. The four communities are Allewule, Mpataba, Bonyere and Ezinobo Zone. While Allewule had one kilometer road reshaped, Mpataba had two kilometers road rehabilitated. Bonyere and Ezinobo Zone had 14 kilometers […]
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Western File
GFGF, GHS celebrates 2024 world malaria day at Tassco
Gold Fields Ghana Foundation (GFGF), in partnership with the Ghana Health Service (Tarkwa), has joined the world to celebrate 2024 World Malaria Day at Tarkwa Senior High School, in the Western Region. The celebration was on the theme: “health equity, gender and human rights”. The occasion was used to educate the students on malaria and […]
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Headlines
Dreams FC’s African dream ends with defeat against Zamalek
Dreams FC’s CAF Confederation Cup journey ended with a 3-0 loss against Egyptian giant Zamalek at Baba Yara Stadium in Kumasi. Despite a goalless draw in the first leg in Cairo, Dreams entered the match confidently, pushing forward aggressively in the first leg half, but Zamalek’s seasoned experience proved decisive. A corner kick by defender […]
The post Dreams FC’s
Business
Minority demands publication of KPMG audit report on SML-GRA contract
The Minority in Parliament is demanding the publication of the KPMG audit report on Strategic Mobilization Ghana Ltd (SML) and Ghana Revenue Authority (GRA) contract. President Akufo-Addo has stated that the SML Downstream petroleum service is needed however the Ministry of Finance (MoF) and the Ghana Revenue Authority (GRA) will have to renegotiate the fee […]
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Business
Release KPMG’s report on GRA-SML probe – Bright Simons to Akufo-Addo
Vice President of IMANI Africa, Bright Simons has called on President Akufo-Addo to make public the KPMG’s report on the investigation conducted on the Ghana Revenue Authority (GRA) and Strategic Mobilization Ghana Ltd (SML) deal. President Akufo-Addo says the SML Downstream petroleum service is needed however the Ministry of Finance (MoF) and the Ghana Revenue […]
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Sports
Agyemang Badu backs Dreams FC to upset Zamalek and reach CAF Confederations Cup final
SOURCE: Ahashie Judeliver Eli Former Ghanaian midfielder Agyemang Badu has thrown his weight behind Dreams FC, predicting a historic victory for the Ghanaian side over North African giants Zamalek this Sunday in the return leg of the CAF Confederations Cup semi-finals. Dreams FC held Zamalek to a goalless draw in the first leg played last […]
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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Business
Don’t hang onto industries you can’t maintain and run – Otumfuo to Gov’t
Asantehene, Otumfuo Osei Tutu II, has urged the government to diversify companies it cannot maintain and run efficiently. According to him, there are a number of government companies and entities that are struggling that can do well with private partnerships. He disclosed this during the commissioning of a 430-kilometre natural gas pipeline by Genser Energy […]
The post Don’t
Featured
Any govt depending on IMF is likely to fail – Grand Coalition
Rev. Dr. Samuel Worlanyo, an economist and spokesperson of the Grand Coalition, has warned about the potential collapse of Ghana’s economy if it continues to heavily rely on borrowing from financial institutions such as the International Monetary Fund (IMF). In acknowledging the necessity of borrowing for governmental initiatives and projects, Dr. Worlanyo stressed the critical […]
The post Any
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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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. […]
The post IMF
Ex-Black Queens coach Mercy Tagoe-Quarcoo takes charge of U-23 team
Ghana Football Association (GFA) has appointed former Black Queens coach Mercy Tagoe-Quarcoo to head the female U-23 national team. After spending four years with the senior team, the experienced tactician was replaced with Swiss trainer Nora Hauptle in January 2023 who has been steering the Black Queens to remarkable feats. However, the GFA has reiterated […]
The post Ex-Black
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 […]
The post OmniBSIC
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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The post Government Assures Ghanaians Of No New Taxes appeared
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