The Managing Director of the International Monetary Fund (IMF), Madam Christine Madeiline Lagarde, says African countries would not sustain their economies by borrowing. She admonished sub-Saharan African countries to enhance their domestic tax mobilisation to sustain their economies and help them to remain sovereign. Borrowing for investment risky She warned that relying on borrowing for […]
Category: Business
Bawumia speaks at IMF’s Future of Work Conference, amplifies drive to leverage technology to formalize economy
The Vice President, Dr. Mahamudu Bawumia has reiterated government’s commitment at leveraging technology to formalize the Ghanaian economy. The move according to him will also ensure greater technological integration in everyday life and geared towards positioning the country to take advantage of the 4th industrial revolution. The Vice President was speaking at the Future of […]
IMF boss touts Zipline’s use of drones for medical supplies in Rwanda, says it is a necessity for Sub-Saharan Africa
The Managing Director of the International Monetary Fund (IMF), Mrs Christine Lagarde, has lauded the Rwandan Government’s decision to employ the use of drone technology to supply blood and other essential medical supplies to her citizens. According to Mrs Lagarde, the use of drones and other technological innovations are essential if sub-Saharan African countries are […]
Ghana receives ‘Christmas present’ in another compact programme from Millennium Challenge Corporation
The Acting Vice President of the Millennium Challenge Corporation (MCC), Ms Kyeh Kim, has announced that Ghana has been selected as one of the countries in West Africa to be beneficiaries of another Compact programme from the MCC. The Regional Compact Programme, Ms. Kim said, will be used for the construction of large-scale, cross-border infrastructural […]
With Mobile Money Interoperability, everyone on ‘Momo’ has a Bank Account-VP Bawumia
The completion of the Financial Inclusion Triangle means that practically, anyone with a mobile phone has access to banking services without necessarily walking into a bank to open an account, Vice President Mahamudu Bawumia has posited. This financial inclusion triangle, which allows the movement of money between mobile money wallets, bank accounts and ezwich accounts, […]
IMF Managing Director Christine Lagarde arrives in Ghana for 2 day visit
The Managing Director of the International Monetary Fund (IMF) Christine Lagarde arrived in the country yesterday, Sunday December 2018, for a 2 day official visit. This is the first time the IMF boss is visiting the country. During the 2 day visit, she is scheduled to meet and hold discussions with the President of the […]
Our bosses are thieves, they have acquired wealth fraudulently, investigate them-Menzgold staff begs EOCO
Workers of gold trading firm Menzgold are calling on the Economic and Organised Crime Office (EOCO) to investigate their bosses whom they accuse of fraudulently acquiring wealth. According to them, some of the top level management members of the company are partly to blame for the current crisis that has bedeviled the company as they […]
Revealed: see the full list of the top level management of Menzgold
Some staff of gold trading firm, Menzgold Ghana who are not happy with the current handling of the company’s crisis by management have decided to go public with information they believe will aid investors and customers of the company in their quest to retrieve their investments. The staff mainly, Customer Relations Officers say they have […]
Some of our bosses eloped to Abroad but have been deported-Menzgold staff reveal
Staff of gold trading firm Menzgold, mainly Customer Relations Officers have revealed that some of the company’s big men tried eloping to Abroad when the crisis it is currently facing started, but were deported. According to them, they want to lay the facts bare and bring to light the actual situation of the company in […]
GCAP commences rehabilitation of Tono irrigation scheme
The Ghana Commercial Agriculture Project (GCAP) has begun rehabilitation and modernisation of the Tono irrigation scheme in the Upper East Region, to boost agricultural production and increase food security in the country. The project is expected to increase the irrigable area from 1,300 hectares to 2,490 hectares of water for year-round agricultural production. Around 2,300 farmers […]
Recover outstanding tax liabilities from businesses—Ofori-Atta charges GRA
The Minister of Finance, Mr. Ken Ofori-Atta, has charged the Ghana Revenue Authority (GRA) to take steps to recover all outstanding tax liabilities and tax debts owed government by businesses and taxpayers before close of the year. A statement issued by the Office of the Commissioner General of GRA charged the GRA Board to take […]
GIPS repositions to lead ethical procurement agenda
The Ghana Institute of Procurement and Supply (GIPS) has held its maiden induction ceremony for new members who have displayed strong commitment to the standards and ethics of the procurement profession in their various sectors of work over the years. The ceremony, which was on the theme ‘Developing ethically upright procurement and supply professionals for […]