In a rather shocking revelation during his parliamentary vetting, Energy Minister Designate, Mr. John Abdullai Jinapor, disclosed that Ghana’s energy sector debt has skyrocketed to approximately $3 billion. This staggering figure represents a significant increase from the initial estimate of $2.1 billion, primarily attributed to unaccounted power sales. The Energy […]
Business News
President Mahama Meets AfDB President to Boost Ghana’s Economy
President John Mahama’s first day in office was marked by a crucial meeting with Akinwumi Adesina, President of the African Development Bank (AfDB). The two leaders discussed ways to strengthen their partnership, focusing on how the AfDB can continue to support and finance major economic and social infrastructure projects in […]
The Indonesia and Apple Story: A Lesson in Thinking Outside the Box for Our Leaders
Faced with significant trade imbalances and a desire to enhance their technological capabilities, Indonesia’s leaders sought a unique partnership with Apple. Instead of the conventional approach of simply importing Apple products, Indonesia proposed a mutually beneficial agreement. Apple would establish a manufacturing plant in Indonesia, thereby creating jobs and fostering […]
GCB Bank Temporarily Closes Liberty House Branch Due to Katamanto Market Fire
GCB Bank PLC has temporarily closed its Liberty House Branch in Accra’s Central Business District due to a fire that broke out at the nearby Katamanto Market. The bank made this decision to prioritize the safety of its customers, staff, and assets. To minimize disruptions, GCB Bank has directed customers […]
McDan Aviation Refutes GACL’s $3 Million Claim, Regrets Terminal Closure Decision
McDan Aviation has refuted claims that it owes the Ghana Airports Company Limited (GACL) $3 million, describing the reports as erroneous. In a press release dated December 30, 2024, the aviation company expressed disappointment over GAL’s decision to deny access to its Fixed Base Operator (FBO) terminal despite ongoing discussions […]






