The Bank of Ghana will on Monday May 6 2019 introduce upgraded banknotes with enhanced features. The move according to the Central Bank is in line with the evolving changes in the technological landscape. A press release issued by the Bank a while ago, explained that the upgraded banknotes also come with improved durability and […]
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has indicated that reforms to Ghana’s import duty regime, which will bring down the high duties prevailing in Ghana’s ports, are in the offing, and will be rolled out soon. With many having petitioned the State to intervene and review the high taxes and duties on […]
The Minister of Finance, Ken Ofori-Atta, has stated that the cedi is performing better under the Nana Addo administration. He explained that the cedi recently suffered some turbulence despite the strong economic fundamentals and improvement in the country’s balance of payments, which the government achieved in the last two years. “It is also noteworthy that […]
A leading Member of the Opposition National Democratic Congress (NDC) in the Awutu Senya West Constituency, Mr Gabby Quaye has chastised the government for wasting state resources on needless parties in celebrating acquisition of loans, at a time that the same government claims to be building a Ghana Beyond Aid. The government has raised $3 […]
Ghana’s bid to raise $3 billion from the international capital market to finance key development projects, as well as retire maturing debts, has been over-subscribed by $16.9 billion at final pricing. An initial order book of over $21 billion in bids was received, which means it was over-subscribed by seven times. A $19.9 billion order […]
The Minister for Finance, Ken Ofori-Atta has announced that Government is to embark on a comprehensive review of all port charges as a means of positioning the nation’s ports as the most competitive and efficient ports in the sub-region. The announcement comes on the back of recent meetings and petitions by some trade unions in […]
The clients of Menzgold Ghana Limited have been handed a lifeline in their quest to recoup their deposits from the troubled gold dealership firm. The Minister of Finance, Mr Ken Ofori-Atta during an interaction with officers of the Ghana Armed Forces (GAF) at the Burma Camp in Accra on Friday, February 22, assured the officers that the assets of Menzgold CEO, […]
Since assuming office in 2017, our Finance Minister,Mr Ken Ofori-Atta, has used various schemes and strategies to enrich and empower his financial empire and impoverish other companies seen as his competitors or not aligned to his party, the New Patriotic Party.It started with the granting of juicy state contracts to his firm, Databank at the […]
Pro-ruling New Patriotic Party (NPP) Think-tank, Danquah Institute (DI) has assembled the most powerful Board in the history of the country with an unprecedented eighteen (18) big names. Information picked by BestNewsGH.com indicates that the Speaker of Parliament, Prof. Aaron Mike Oquaye has been made the chairman of the Board of the Think-tank, which is […]
In September 2018, the Ghana Statistical Service completed its survey and analysis to determine the true income of the country as contributed by all the sectors of the economy. In the process, they concluded that about GH¢49.8 billion of our incomes had not been properly captured in our GDP. This meant that about 24.6% of […]
Former President John Dramani Mahama and Minister for Finance Ken Ofori-Atta who sat next to each other at the outdooring of the new Yaa Naa, Abubari Mahama were spotted giggling and chit-chatting most of the time as the event progressed. This is a clear departure from the rancor and acrimony, laced with name calling that […]
Workers of erstwhile Capital Bank and UT Bank are appealing to the Bank of Ghana (BoG) to, at least, offer them a 50% discount on the loans they took while working with their respective banks. Their appeal follows information from the Joint Receivers indicating that their exit pay will be paid without any discount on […]
