International credit ratings agency, Fitch has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) from ‘B-‘ to ‘CCC’ from, citing a deterioration in public finances. In a statement on
MTN Ghana Launches Momo Month
Eli Hini addressing the participants MobileMoney Limited (MTN MoMo) has officially launched this year’s MoMo Month celebrations in Accra, Kumasi and Mankessim to highlight the importance of partnerships to accelerate
Emirates Flaunts ‘Kpakpo Shito’, Salmon
Cathy Wesley THE COUNTRY Manager of Emirates Airline, Cathy Wesley, has announced special innovations in the operations of the airline. This follows the introduction of its Ghanaian-inspired dishes particularly Kpakpo
Fitch Confirms $3bn IMF Lifeline For Ghana
Fitch Ratings has confirmed that Ghana is likely to receive $3 billion over three years from the programme of the International Monetary Fund (IMF). Bloomberg reported last week that the loan
‘Poor Planning Cause Of Startup Failures’
Prof Benedict Oramah, President, Afreximbank POOR PLANNING and execution have been identified as a primary cause of startup failures, especially in Africa. Industry leaders at a just-ended Project Preparation Masterclass
BoG To Begin Local Gold Purchase From September 1
The Bank of Ghana (BoG) is to implement a Gold Purchase Programme designed to purchase locally-produced gold in the quest for stronger macroeconomic management and in providing a bulwark for
Cardinal Mining Successfully Relocate Two Communities In Line With Mining Act
Mining company handover resettlement houses project to two communities in Talensi district Cardinal Namdini Mining Limited, a subsidiary of Shandong Gold has commissioned newly built resettlement houses to Biung and
1d1f: Akufo-Addo Inspects Gh¢9.2m Yam/Cassava Factory In Bimbilla
President Nana Addo Dankwa Akufo-Addo, on Tuesday, 9th August 2022, visited Global Almas Processing Ltd, a yam and cassava processing factory in Bimbilla, in the Northern Region. Taking the President
Businesses In WR Receive Awards
Some industry players and companies operating in the Western Region have been honoured at the 3rd Edition of the Western Regional Business Awards held at the Best Western Plus Hotel
Yara’s Grow Ghana Initiative To Help Empower Farmers
Danquah Addo-Yobo YARA GHANA has announced it is committing US$20 million to supply YaraMila Actyva fertilisers to local farmers to enhance Ghana’s food security. This package will benefit 100,000 productive
GIPC, GSE Partner To Boost Investment
Mr. Grant and Mr. Afedzie exchanging the signed document The Ghana Investment Promotion Centre, (GIPC) and the Ghana Stock Exchange (GSE) have entered into a partnership to attract more investment
UMB Supports POLAS
Nana Dwemoh Benneh presenting the dummy cheque to COP Maame Yaa Tiwaah Addo-Danquah UNIVERSAL Merchant Bank (UMB) has offered GHC100,000 to Police Ladies Association (POLAS) to support its anniversary celebration.
Standard & Poor Downgrades Ghana’s Credit Ratings
Ken Ofori-Atta AMERICAN CREDIT rating agency, Standard and Poor’s (S&P) Global Ratings, last Friday downgraded Ghana’s foreign and local currency sovereign ratings from B-/B to CCC+/C. According to a report