By Dr. Faith Ababio-Twi Rural financial institutions, particularly community banks, play an essential role in supporting farmers, teachers, nurses, fishermen, fishmongers, drivers, and other workers in rural communities. These banks serve as the primary financial institutions for salary transactions, small business loans, and other banking services. However, the imposition of […]
Business News
Ghana Gold Board Bill Passed by Parliament, Awaits Presidential Assent
The Ghana Gold Board Bill has been passed by Parliament and is now awaiting presidential assent from President John Dramani Mahama. This marks a step towards regulating Ghana’s gold industry. The bill’s passage is attributed to the efforts of Sammy Gyamfi and Cassiel Ato Forson, who played roles in instituting […]
Bank of Ghana Raises Monetary Policy Rate to 28%
The Bank of Ghana’s Monetary Policy Committee (MPC) has increased the Monetary Policy Rate (MPR) by 100 basis points to 28%. This decision was made during the 123rd MPC meeting, where the committee cited concerns over inflation. Inflation remains above the central bank’s target. To prevent effects from prolonging inflationary […]
Vodafone Network Woes in Accra: A Call for Accountability…..Sankofaonline.com news commentary
Accra residents are raising their voices in frustration over the deteriorating quality of Vodafone’s network services. From alleged unstable internet connections and dropped voice calls to mysteriously vanishing data and unauthorized subscriptions, the grievances are mounting. Customers feel betrayed, as they continue to pay upfront for services that fail to […]
Dr. Papa Kwesi Nduom Prioritizes Job Restoration Over Media Spotlight
Renowned Ghanaian entrepreneur and politician, Dr. Papa Kwesi Nduom, has made a bold move by declining all media interviews to focus on restoring his businesses and recovering lost jobs. In a recent Facebook post, Dr. Nduom stated that his top priority is to regain the necessary licenses for his companies […]







