The Supreme Court of Ghana has affirmed that the Bank of Ghana (BoG) acted within its legal rights when it revoked the operating licence of UniCredit Ghana Limited.
The highest court's unanimous decision reverses an earlier judgment by the Court of Appeal, thus upholding the High Court's initial ruling.
The Supreme...
Ghana's premium Oil Marketing Company, GOIL PLC has been crowned Ghana's Oil Marketing Company of the Year at the just-ended maiden edition of the Ghana Downstream Awards and Gala Night held in Accra.
On the same night, GOIL PLC was honored for its outstanding contributions to the petroleum downstream sector...
The Ghana Tertiary Education Commission (GTEC) has written a letter to the Controller & Accountant-General's Department, directing the office to stop payment of July salaries to all teaching staff of the Colleges of Education who belong to the Colleges of Education Teachers Association of Ghana (CETAG).
The GTEC, in a...
By Ernest Bako WUBONTO
University of Media, Arts and Communication-Institute of Journalism (UniMAC-IJ), formerly the Ghana Institute of Journalism (GIJ), has had an investment gone wrong, as attempts to retrieve over GH¢11million in investment from NDK Financial Services prove futile.
The NDK Financial Services has been unable to pay back matured...
Dr. Mohammed Amin Adam, the Finance Minister has said government has disbursed GHȼ5.4 billion to support LEAP, School Feeding programme, Capitation Grant and National Health Insurance Scheme since January, 2024 to reduce the burden on the vulnerable in our country.
He added that GHȼ1.5 billion was used to support 1,488,575...
By Emmanuel AKOMEA
The Alliance of African Multilateral Financial Institutions (AAMFI) has jointly dedicated a US$62 billion fund to address the continent's critical trade and investment gaps.
The Alliance aims to collaborate to address Africa’s development finance needs, promote the interests of member states, advocate for Africa on global finance issues,...
By Samuel LARTEY (Prof) ([email protected])
Ghana's US$3 billion support package from the International Monetary Fund (IMF) is seen as a lifeline for the nation’s economy, especially during these challenging times. This substantial financial aid aims to stabilize the economy, ensure fiscal sustainability, and promote growth.
Workers, small and medium-sized enterprises (SMEs),...
Appolonia City donated GH¢35,875 to the Appolonia KKMA Junior High School (JHS) to support the provision of two hot meals a day throughout the examination week for the Basic Education Certificate Examinations, organized by the West African Examination Council on behalf of the Ghana Education Service.
Appolonia City’s similar donation...
By Hilda AFEKU-AMENYO
The importance of financial product innovation in Ghana cannot be overemphasised as the country moves towards a sustainable future. In many respects, sustainability is a national priority because of the threat posed by climate change, and the crippling effects it can have on people and businesses.
In this...
By Elizabeth PUNSU, Kumasi
Prices of textbooks for pupils are set to see a significant increase, with rates expected to rise by 30 percent starting in September, the Ghana National Association of Authors and Publishers (GNAAP) has said.
This comes amid rising inflation, high interest rates and increased importation costs affecting...