Finance
FLASHBACK: I fell into a debt of $5 million at age 26 – Real estate entrepreneur
In November last year, Ghanaian entrepreneur, Dr. Sangu Delle recounted his experience of falling into a debt of $5 million at the age of 26.
He explained that, ‘I first came up with the most creative structuring around it where
Finance Minister signs MoU with EBID to channel US$200 million in funding to support SMEs
Finance minister Dr. Mohammed Amin Adam has signed a strategic Memorandum of Understanding (MOU) with the ECOWAS Bank for Investment and Development (EBID), in a move aimed at empowering small businesses and driving economic growth.
The agreement – s…
Bright Simons makes RTI request on KMA’s ‘missing’ GHS3.6 million
Lawyers representing Bright Simons, Vice President of IMANI Africa, have submitted a Right to Information (RTI) request under Act 989, seeking disclosure regarding the utilisation of GHS3.6 million belonging to the Kumasi Metropolitan Assembly (KMA).
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Forex stability is the key to fuel price stabilisation – BOST MD
Energy expert and Managing Director of the Bulk Oil Storage and Transportation Limited (BOST), Edwin Provencal has suggested that a stabilisation of foreign exchange rates in the country could lead to more consistent fuel pricing.
In an interview wit…
Bureaus sell $1 at GHS14.85, GHS13.72 on BoG interbank as of May 15
Note that these rates may differ at a forex bureau near you. Our forex bureau rates are provided by Afriswap Bureau De Change in Osu, Accra.
The Interbank forex rates from the Bank of Ghana today, May 15, 2024, have
Charging duties on imported cars in dollars is killing our business – Automobile Dealers Union
Importers of second-hand cars in Ghana are worried about the government’s policy that requires importers to pay import duties in US dollars.
The association believes that if this policy is not reversed, it could destroy the business of importing seco…
44 million accounts registered on mobile money – Akufo-Addo
The mobile money market in Ghana is becoming a fast-growing one as the adoption of electronic wallet service has increased considerably, with some 44 million accounts registered by the end of 2023.
This was disclosed by President Nana Addo Dankwa
Over 1 million Ghanaians expected to face food insecurity – WFP report
A report from the World Food Program (WFP) has highlighted that an estimated 1.05 million people in Ghana could face food insecurity between June and August 2024.
While this figure represents a decrease from the 2.2 million projected in November