[ad_1] In a significant financial development, Ghana has received a boost with the disbursement of a US$300 million loan facility from the World Bank. The funds have been officially released for budgetary support, marking a crucial milestone in the country’s economic recovery efforts. The substantial amount was credited to the account of the Central…
[ad_1] The US$ 300m loan facility from the World Bank to Ghana has officially been released for budgetary support. The amount was credited to the Central Bank’s account today, Wednesday March 27, 2023. It is the first in a series of three operations of $300 million each from the World Bank for crisis response and…
[ad_1] The management of Ebenage Herbal Production and Consult Limited, producers of Hepa Plus mixture has appointed Felicia Quenin as the new Chief Executive Officer of the company. Felicia Quenin, a holder of MBA in Strategic Management and Consulting from KNUST takes over from Dr. Ebenezer Agyemang who had held the position since the inception…
[ad_1] The Minister for Works and Housing, Kojo Oppong Nkrumah, has assured that processes by the government to enlist private partners for the completion of the Saglemi Affordable Housing Project will be transparent to eliminate any perception of corruption. He emphasized the commitment of the government to ensure the completion of the project before the…
[ad_1] Several billboards belonging to the New Patriotic Party’s (NPP) parliamentary candidate for Okaikwei North, Nana Ama Dokua Asiamah-Adjei, have been destroyed in an act of vandalism. The billboards, strategically placed in locations such as Kata Hostel, Nii Boye Town, and Achimota, were defaced on March 1, 2024, resulting in significant damage estimated to…
[ad_1] The Board Chair of the Electricity Company of Ghana (ECG) Keli Gadzekpo has resigned. The resignation takes immediate effect. He is reported to have stepped down over personal reasons. Citi News‘ sources at the ECG confirmed the development on Tuesday (March 26, 2024) evening. Keli Gadzekpo was appointed to the Board in 2017 by…
[ad_1] In a recent statement, the Ministry of Finance has highlighted the sustained stability of the Ghanaian Cedi against major currencies since 2023. Finance Minister Dr. Mohammed Amin Adam shared this promising news during the Ministry’s Monthly briefing held in Accra on Tuesday, March 26, 2024. Dr. Adam presented encouraging statistics indicating a significant…
[ad_1] A Nigerian court on Tuesday sentenced a Chinese national to death after finding him guilty of killing his girlfriend, a government official told The Associated Press, vowing to recommend execution if he unsuccessfully appeals the ruling. Frank Geng-Quangrong was convicted by a local court in northern Nigeria’s economic hub of Kano state, Kano Justice…
[ad_1] The conclusion of the 13th All-African Games has led to a dramatic scene unfolding at the hostel housing volunteers as they engaged in a dispute with officials over their allowances. The volunteers allege that officials have withheld their allowances of GHC2,000 each, in addition to their promised transport fare of GHC500 each. They claimed…
[ad_1] The Ministry of Energy claims recent remarks by Dr. Matthew Opoku Prempeh regarding the issuance of a load-shedding timetable have been deliberately distorted by the Media to portray the Minister as an insensitive person. Kofi Abrefa Afena, a spokesperson for the Energy Ministry, in a statement on March 26, affirmed that the minister’s stance…
