Author: Admin
India and the United Kingdom have pledged their support for Ghana’s transition from fossil fuel to renewable energy as part of global climate commitments. The two countries said UK and Indian companies were open to partner with Ghanaian innovators in the energy sector to rollout products and services to promote sustainable and efficient energy solutions. Mr Shri Manish Gupta, the Indian High Commissioner to Ghana, and Mrs Harriet Thompson, the UK High Commissioner to Ghana, made the commitment at the opening of the 3rd Power and Energy Ghana Expo and Exhibition in Accra on Wednesday. The three-day event will assemble…
The Bank of Ghana (BoG) has reported that the asset management industry (AMI) showed significant resilience in 2023, propelled by a relatively improved macroeconomic environment, which positively impacted the broader securities industry. According to the central bank’s Financial Stability Report, total assets under management (AUM) in the asset management sector reached GH¢67.5 billion (mark-to-market) and GH¢55 billion when private funds were included by the end of the year. This marked a notable 38 percent year-on-year growth, reflecting a strong Compound Annual Growth Rate (CAGR) of 23 percent over the past decade. The report indicated that this growth surpassed the 10…
The Institute for Liberty and Policy Innovation (ILAPI) has revealed that the Bank of Ghana (BoG) currently holds a substantial sum in three currencies- Cedis, British Pounds, and US Dollars, all from dormant accounts in financial institutions across the country between 2016 and 2023. In Ghanaian cedis, more than GH₵167.8 million is held by BoG. Additionally, the bank has $14.6 million, €2.3 million, and £2.4 million in these dormant accounts. These funds are believed to belong to deceased individuals, mostly those who died in disasters such as floods, road accidents, and deaths. In a press statement issued by ILAPI last…
“Between January and the third quarter alone, the number of people we identified as positives through our testing activities was 34,000,” Dr. Addo shared
The Space Science Policy was approved by Cabinet in March 2022 but was launched today, Thursday, November 7, 2024.
He assured the community that if elected in the upcoming December 7 general election, his administration would prioritize addressing the nation’s most pressing needs to raise the standard of living.
This delay, he warned, could jeopardize the timely payment of salaries to public workers.
Newmont’s Board authorised an additional $2 billion share repurchase program to be executed at the Company’s discretion, utilising open market repurchases to occur from time to time throughout the next 24 months
According to CPC’s unaudited third-quarter financial statement, revenue fell to $31.1 million, down 3.86% from $32.3 million in the prior-year period.
Despite economic headwinds, MTN Ghana achieved a 32% year-on-year rise in service revenue, reaching GH₵12.7 billion, propelled by robust growth in data and Mobile Money (MoMo) services.