By Leticia Osei | June 24, 2024 Dr. Kwesi Nduom, the owner of the defunct GN Bank, has made a heartfelt plea to Dr. Ernest Addison, the Governor of the Bank of Ghana (BoG). He urges the BoG to pay attention to new facts and reinstate GN Bank’s banking license […]

The Ghana Revenue Authority (GRA) has revealed that the government will settle a GH¢95 million judgment debt to West Blue Consulting, an Information Technology consultancy firm, following the termination of its contract. This was disclosed by the GRA’s Commissioner General, Julie Essiam, during a public hearing of Parliament’s Public Accounts […]

A growing debt crisis is threatening the economic stability of low-income countries, with many struggling to meet their debt obligations amidst soaring interest payments and high debt redemptions. The economic fallout from the pandemic, conflicts, and rising global interest rates has hit these countries the hardest, with the median low-income […]

Former Minister of Environment, Science, Technology, and Innovation, Prof. Kwabena Frimpong-Boateng, has refuted claims that he failed in his role as chair of the Inter-Ministerial Committee on Illegal Mining (IMCIM) despite the persistence of illegal mining activities. Addressing concerns on JoyNews’ “The Pulse” on July 24, Prof.Frimpong-Boateng argued that the perception of his failure stemmed from […]

Ghana’s total debt stock has surged to a provisional GH¢742 billion (US$50.9 billion) as of June this year, representing a staggering 70.6% of the country’s Gross Domestic Product (GDP). This was revealed by Finance Minister Dr. Mohammed Amin Adam during the 2024 mid-year budget review in parliament on Tuesday. The […]