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Running to the IMF is not the solution – Michael Cobblah

Michael Cobblah, the Chief Executive Officer of C Nergy Ghana, believes that going to the International Monetary Fund (IMF) is not the best way to keep Ghana’s economy afloat. According…

Remittances could increase by 16% as global economic activities rebound—Zeepay MD

Following a rebound in global economic activity, Andrew Takyi-Appiah, the Managing Director of Zeepay, predicts a 16 percent increase in remittances. According to him, as most countries seek to develop…

Inflation expected to fall in the next months – BoG

Despite recent increases in inflation, the Bank of Ghana is optimistic that prices of goods and services would fall in the coming days, weeks, and months. This promise comes after…

SME-focused banks will benefit from the DBG – Fidelity Bank MD

The Step Bank of Ghana’s introduction into the Ghanaian banking system, according to Julian Opuni, Managing Director of Fidelity Bank Ghana, is a positive development for SME-focused banks. He expressed…

Lending rates will come down; present situation is short-term – Ghana Association of Banks

The Ghana Association of Banks anticipates lower lending rates before the end of 2022. This is in keeping with the Bank of Ghana’s prediction that inflation, which is a key…

9 banks partner government to support YouStart

In the next three years, a group of nine banks will work with the government to offer finance to current youth-led businesses, resulting in the creation of one million employment.…

Amber Heard faces career and financial ruin after losing defamation case to Johnny Depp 

After a jury found Amber Heard guilty of defaming ex-husband Johnny Depp and ordered her to pay $15 million in damages, she risks career ruin and bankruptcy. Although the financial…

Tullow Oil to buy Capricorn to create $1.9 billion company

Tullow Oil Plc agreed to buy Capricorn Energy Plc in an all-share agreement, integrating African resources and allowing for expansion throughout the continent. The united group will be led by…

Government should temporarily intervene in retail fuel prices – Energy analyst

Alhaji Fawan Issah Iddi, an energy analyst with the African Institute for Energy Policy and Security, is encouraging the government to “temporarily interfere in retail fuel prices to deregulate gasoline…

Africa’s recovery remains uneven; more resources are needed – AfDB report

According to a study released on Thursday, May 26th, 2022, the African Development Bank played a critical role in 2021, delivering timely investments that are assisting millions of Africans in…