In a recent town hall meeting in the United Kingdom, Finance Minister Dr. Mohammed Amin Adam revealed that the government will release GHS1.5 billion to compensate individuals affected by the banking sector cleanup. The funds will be distributed from now until October. Dr. Adam emphasized that although the government is not responsible for individuals’ […]
Business
GNPC to Drill Stratigraphic Wells in Voltaian Basin
The Ghana National Petroleum Corporation (GNPC) is set to drill two stratigraphic wells in the Voltaian basin, a move aimed at gathering geological data to determine the presence of a petroleum system with potential oil reserves. The first stratigraphic well is expected to be operational by the end of the […]
Freddie Blay’s Son Bid $150-200M for SSNIT Hotels, Surpassing Bryan Acheampong’s $61M Offer
In a stunning revelation, former NPP National Chairman Freddie Blay has disclosed that his 34-year-old son, Kwame Blay, submitted a bid of $150-200 million for seven SSNIT hotels, surpassing the $61 million offer made by Agriculture Minister Bryan Acheampong, who ultimately acquired the hotels. Blay’s son’s bid was rejected, despite […]
Empowering Female Artisans: A Step Towards Prosperity
Mrs. Lordina Mahama, the wife of the NDC flagbearer, John Dramani Mahama, recently brought joy to the lives of female artisans in the Nkoranza North Constituency. Through her foundation, she donated 120 sewing machines and 100 hair dryers to support the businesses of dressmakers and hairdressers in the area. As […]
Access Bank Ghana Plc Records Impressive Growth in Assets, Income, and Loans
Access Bank Ghana Plc has announced impressive financial results for 2023, with total assets growing by 22.3% to GHS12.30 billion, up from GHS10.057 billion in 2020. Operating income also saw a significant increase of 40% to GHS1.613 billion, compared to GHS1.150 billion in 2022. Loans and advances rose by 42.81%, […]