BUSINESS NEWS
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Private Pension Funds at Risk Again: Consequences of Eurobond restructuring
In 2022, the proposed suspension of interest payments for domestic bondholders sparked an outcry within the pensions industry in Ghana.…
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Scammers hack Nigerian bank, steal N10 billion, 818 accounts identified as Zenith, others
The Federal High Court in Abuja has ordered an additional 30-day freezing of 818 bank accounts suspected of being involved…
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Aliko Dangote’s net worth jumps to $28 billion, driven by massive oil project
African billionaire Aliko Dangote is wealthier than ever now that his long-awaited Nigerian oil refinery is up and running. But…
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United States supports drought victims with US$1.7m
The U.S. Embassy in Accra has committed US$1.7million (nearly GH¢30million) to support drought victims in the Northern Region and middle…
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IMF approves US$8billion for poor countries to fight poverty, spur growth
The Executive Board of the International Monetary Fund (IMF) has completed the Review of Poverty Reduction and Growth Trust (PRGT) Facilities…
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Petrol and diesel prices jump to GH¢14.49 and GH¢14.90 respectively
Some Oil Marketing Companies (OMCs) in the country have started increasing the prices of petroleum products at the pumps as…
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Ablakwa blows alarm on US$38.2 million visa processing scandal at Ministry of Foreign Affairs
The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has raised alarm over what he describes as a high-level visa…
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Sunon Asogli shuts down 560MW Power Plant over $259m debt
Sunon Asogli Power (Ghana) Limited, an independent power producer, has indefinitely shut down its 560MW plant, over the delay in…
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Economist Impact announces the final speaker lineup for the inaugural Sustainability Week Africa in Cape Town, South Africa
The conference themed ‘‘Africa’s green industrial revolution’ is set to bring more than more than 500 delegates and 100…
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See as traders hawk newest brand of packaged ‘galamsey sachet water’
Some women have taken the campaign against illegal mining, commonly known as galamsey, a notch higher. In a creative, yet…
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