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Cedi to end year worse than in 2017 – ISSER

Source: thebftonline.com The Institute of Social, Statistical and Economic Research (ISSER) of the University of Ghana has said that it expects the cedi to depreciate far more cumulatively this year than it did in 2017, given happenings on both the internal and external fronts. As part of its analysis of Ghana’s Economic Performance in 2017, Prof. Peter Quartey of ISSER ...

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We will overcome this challenge – Nduom !

  I have been gone from Ghana for about three weeks. I have been on a business trip to encourage Ghanaians and non Ghanaians interested in doing business in Ghana to invest through our company, Groupe Nduom. Back home, panic withdrawals from financial institutions have continued. I have written about this. I have asked our citizens to stand by our ...

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2 billion deal with Sinohydro: Ghana to be confiscated by China if ….

Accra, Ghana, September 25, 2018:The inherent dangers of this agreement can only be seen when analyzed in the light of the Chinese EXIM conditions. The infrastructure barter deal being contemplated by government of Ghana with China Synohydro, a Chinese state-owned Engineering and Construction Company, will be the worse deal ever signed by any sovereign state. Ghana badly needs infrastructure to ...

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Seven state institutions crushing Menzgold

Source: theheraldghana.com The seventh state institution; the Securities and Exchange Commission (SEC), has finally succeeded in temporally shutting down the Ghanaian gold dealership company, Menzgold, effective yesterday, September 13, 2018, with the fate of over One Thousand Two hundred workers of the company at stake. Strangely, the SEC a year ago, in a public statement dated September 22, 2017, had ...

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Capt. Smart questions Veep Bawumia over Ghana Cedi’s depreciation

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NCA invites applications for three 4G spectrum slots

Source: Samuel Dowuona The National Communications Authority (NCA) has released a roadmap for the sale of the remaining spectrum slot in the 800MHz band that was left after MTN bought one for $67.5 million in December 2015. In a statement on its website, the NCA is, therefore, inviting applicants to vie for the available slots in an auction slated for ...

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“Collapse Of Banks The Result Of Acts Of Lawlessness” – President Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has indicated that many of the problems that plague the country have something to do with the mal-functioning of the law, including the banking crisis that has led to the collapse of some indigenous banks. According to President Akufo-Addo, “the story of every bank that has had problems, be they indigenous ...

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KIA terminal 3 to commence full operation Sept 15

The newly-constructed Terminal Three of the Kotoka International Airport will commence full operations on September 15 this year. According to the Managing Director of Ghana Airport Company Limited (GACL), John Attafuah, it would precede the inauguration of the modern edifice by President Nana Addo Dankwa Akufo-Addo later on October 2. He was speaking recently in Accra when he conducted the ...

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