Interest-Free Islamic Banking Not a Threat to Conventional Banking – Prof. Gatsi Clarifies
Fears that Islamic Banking would threaten traditional banking in Ghana have been dispelled, with experts suggesting it will instead enhance…
Ghana’s Loan Distribution Skewed Towards Less Productive Sectors As Job-Creation Areas Remain Underfunded
In Q2 2024, Ghana's Commerce and Finance sectors received 36.3% of secured loans, overshadowing productive sectors like Agriculture and Industry,…
The Drought, the Pwalugu Dam, and the US$500 Million Fix: The Price of Neglect and Inactivity
Ghana's government is raising $500 million to address drought impacts, highlighting years of neglect and the unbuilt Pwalugu Dam's potential…
Expert Backs COCOBOD’s Move to Ditch 30-Year-Old Syndicated Loan
Professor Patrick Asuming supports COCOBOD's move to end 30 years of cocoa-syndicated loans, advocating domestic funding to retain more value…
Islamic Banking Touted as Most Appropriate Financial System to Support Ghana’s Economic Growth
Islamic banking is advocated as the ideal financial system for Ghana's socio-economic development, offering interest-free, profit-sharing mechanisms that ensure project…
Minority Urged to Thoroughly Scrutinize Government’s Controversial Contingency Fund Withdrawal
The Minority in Parliament has been advised to thoroughly scrutinize the government's request to withdraw funds from the contingency fund…
High Cost of Living Looms as Analyst Predicts A More Massive Cedi Depreciation Ahead
Ghanaians should brace for a higher cost of living as the cedi's depreciation worsens, potentially reaching GH¢21 per dollar and…
Economist Takes a Swipe at Government GH¢8 billion Drought Intervention, Calling It a Knee-Jerk Reaction
Economist Prof. Patrick Asuming criticizes the government's GH¢8 billion drought intervention as a politically motivated, impulsive response after years of…
Revamping TOR Key to Addressing Sentuo’s Fuel Quality Concerns – OMCs to Government
Oil Marketing Companies (OMCs) urge the government to revamp Tema Oil Refinery (TOR) to address fuel quality concerns raised about…
Fire Guts Parts of Parliament’s Multi-Million Dollar Job 600 Building
A fire at Parliament's Job 600 building damaged the first-floor Members Centre. Staff were safely evacuated, and firefighters are working…
Commercial Banks Expect Interest Rates to Fall as Inflation Declines for Four Consecutive Months
Ghanaian commercial banks are hopeful that the sustained decline in inflation will prompt the Central Bank to reduce the Monetary…
GUTA Maintains Strong Opposition to New Shippers’ Authority Act Despite Clarification by GSA
GUTA is urging the President to delay signing the new Ghana Shippers' Authority Act, arguing it stifles trade and imposes…
GUTA Calls for Inclusion of Vulnerable Men in NDC’s Proposed Women’s Bank
GUTA supports the proposed Women’s Development Bank by the NDC but urges inclusivity, suggesting it should also cater to vulnerable…
Ghanaians Worse Off Today Than a Decade Ago Despite Growth in Macroeconomic Indicators – Economist
Despite a decade of macroeconomic growth, Dr. Theo Acheampong argues Ghanaians are worse off, with rising unemployment, inequality, and poverty,…
Bawumia Optimistic of Low-Cost Data with Launch of Starlink in Ghana
Dr. Bawumia is hopeful that Starlink's entry into Ghana will lower data costs, enhancing internet access and supporting his digital…