losses -

Domestic Gold Purchase Programme losses soared to GH¢5.66bn in 2024, says BoG

Aziboat2 months ago04 mins

[ad_1] Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama The Bank of Ghana has disclosed a sharp rise in losses under its Domestic Gold Purchase Programme (DGPP), with figures reaching GH5.66 billion in 2024. The programme, established in June 2021, aims to strengthen the nation’s currency stability. Data shared with Asempa FM’s…

More than $130 trillion in historical losses: Why Reparations are an economic necessity

Aziboat2 months ago08 mins

[ad_1] “How much was stolen?” That is the question Pan-Africanism now confronts directly. Studies estimate that when unpaid labor, looted resources, and lost development opportunities are combined, Africa’s losses stretch across centuries and continents, accumulating into an enormous $130 trillion, marking one of the greatest economic crimes in human history. “We are no longer guessing…

Ablakwa provides ‘evidence’ to back Rock City Hotel losses claim

Aziboat2 years ago08 mins

[ad_1] Samuel Okudzeto Ablakwa, the Member of Parliament for North Tongu, has provided documents to substantiate his claims that Rock City Hotel is operating at a loss. This comes after the MP vehemently opposed the decision by the Social Security and National Insurance Trust (SSNIT) to sell 60 percent of its shares in four hotels…

SSNIT Hotels: Allegations of Rock City losses “pure ungodly lies”

Aziboat2 years ago03 mins

[ad_1] Bryan Acheampong, the owner of Rock City Hotel and Minister for Food and Agriculture, has vehemently denied claims that his hotel is incurring losses, calling the accusations a “pure ungodly lie.” These remarks were aimed at Samuel Okudzeto Ablakwa, Member of Parliament for North Tongu, who had previously suggested that Rock City Hotel was…

ECG collection losses hit GH¢2bn in nine months of 2023

Aziboat2 years ago02 mins

[ad_1] The Electricity Company of Ghana (ECG) has recorded an increase in its losses in the first nine months of 2023. The company recorded a total of GH¢2, 050,373,143.47 as collection losses as of September 2023. Collection loss is the income that is not received due to non-payment, delinquency, or bad debt from tenants or…

Rangers SACK manager Michael Beale after three losses in opening seven games of the season, with Saturday’s 3-1 defeat by Aberdeen met by boos at Ibrox

Aziboat2 years ago04 mins

[ad_1] Fans made their discontent known at Ibrox after Rangers lost 3-1 to Aberdeen It was their third loss in the opening seven league games of the season Rangers have now made the decision to sack manager Michael Beale By Simon Jones for the Daily Mail Published: 16:19 EDT, 1 October 2023 | Updated: 16:22…