Information gathered is that there is an uneasy tension in the Consolidated Bank of Ghana (CBG) over the appointment of a Kenyan, Information gathered is that there is an uneasy tension in the Consolidated...
Information gathered is that there is an uneasy tension in the Consolidated Bank of Ghana (CBG) over the appointment of a Kenyan, Information gathered is that there is an uneasy tension in the Consolidated Bank of Ghana (CBG) over the appointment of a Kenyan, Thairu Ndungu as Deputy Managing...
The Bank of Ghana (BoG) has added 7.70 tonnes of gold to the country’s reserves as of the end of last month, the Governor of the Bank of Ghana, Dr Ernest Addison, has stated. The measure, which is part of the central bank’s Domestic Gold Purchase Programme (DGPP), is...
In a remarkable turn of events, a Ghanaian man named Theophilus Morgan emerged victorious in a high-stakes bet, only to face an arduous battle to claim his winnings from booking company SafariBet Sports Betting. Mr. Morgan’s epic win, amounting to Ghȼ57 million, was the result of an extensive betting...
There is an impending power crisis, as the Chamber of Independent Power Producers (IPPs) has directed its members to cut supply to the national grid from July 1, as a result of an outstanding debt of approximately US$1.73 billion. This is in spite of President Nana Akufo-Addo’s promise to...
President Akufo-Addo has attributed Ghana’s difficult economic challenges partly to the downgrading by the various rating agencies. He said the country’s current economic can be attributable to the rating agencies because the moves cut Ghana out of the capital market. Speaking at the 30th Annual Meeting of the Afreximbank in Accra on...
iPhone maker Foxconn is betting big on electric cars and redrawing some of its supply chains as it navigates a new era of icy Washington-Beijing relations. In an exclusive interview, chairman and boss Young Liu told the BBC what the future may hold for the Taiwanese firm. He said...
The Minister of Communications and Digitalisation, Ursula Owusu[1]Ekuful, has told parliament that Mobile Network Operators (MNOs) are working with the Bank of Ghana to facilitate the retrieval of funds for individuals whose monies are locked up in mobile money accounts. The Minister revealed this when she appeared before...
President Nana Addo Dankwa Akufo-Addo has once again justified his decision to run to the International Monetary Fund (IMF) for a bailout saying it was a painful but necessary decision. In a speech to the nation on Sunday, May 28, 2023, President Akufo-Addo said that the decision was made...
The Ghana cedi is expected to record gains against the dollar and other major foreign currencies this week, as the progress of the International Monetary Fund (IMF) deal favorably impacts the market. According to many analysts that spoke to Joy Business, the cedi’s performance since March 2023 has been...
Jospong Group of Companies (JGC) has entered into a historic international partnership with ZeroNox Inc., a leading provider of sustainable, off-highway vehicle electrification Company with the formal signing of the Joint Venture (JV) agreement to provide electric vehicles in Ghana. The JV agreement which was signed at ZeroNox headquarters...