Bosquet Investments Ltd, the private investment company of Alain Nkontchou, has reached an agreement to purchase a 21.22% stake in Ecobank Transnational Incorporated (ETI) from Nedbank Group Ltd. According to Nedbank Group, the sale was part of its decision to […]
Bosquet Investments to buy 21.22% stake in Ecobank from Nedbank Read More »
With the rising cost of living and the value of the cedi constantly shifting, simply saving is not enough for many young Ghanaians. A lot of youth are asking the question “Where can I invest my money safely?”. A wave
Investing for Beginners: Where Can Ghana’s Youth Invest Today Read More »
Ecobank Group today announced unaudited financial results for the first half of 2025, reporting a 23% year-on-year increase in profitbefore tax to $398 million. The Group achieved strong growth and improved efficiency despite economic challenges in key markets. The cost-to-income ratio improved to 49.1%, the
Ghanaian oil marketing company NOVA Fuel has commissioned its 18th fuel filling station in Walewale, North East Region, as part of an ambitious national expansion plan to become the country’s leading Oil Marketing Company (OMC) within the next five years.
NOVA Fuel Commissions 18th Fuel Station, Eyes Top Spot in Ghana’s Oil Marketing Industry Read More »
Ranking Member of Parliamentary Committee on Finance, through Dr. Mohammed Amin Adam, has called for full transparency from the Bank of Ghana (BoG) and Goldbod regarding inconsistencies in Ghana’s foreign exchange and gold reserve data. Despite Ghana’s foreign reserves standing
Minority demands transparency on Ghana’s forex and gold reserves Read More »
Development Economist Dr. George Domfe has criticized the complete scrapping of the 1% Electronic Transfer Levy (E-Levy) by the NDC administration. The repeal of the E-Levy was officially announced by President John Dramani Mahama on April 2, 2025, fulfilling a
President Mahama shouldn’t have cancelled e-levy – Dr. George Domfe Read More »
Minortiy Leader, Alexander Kwamina Afenyo-Markin has said that Finance Minister, Dr. Ato Forson cannot be credited for the stability of the cedi against the dollar. The cedi’s recent stability against the dollar has earned the government some praise in the
Ato Forson is not the reason why the cedi is stable – Minority Leader Afenyo-Markin Read More »
The Ghana Union of Traders’ Associations (GUTA) has expressed its opposition to the recent utility tariff increases sanctioned by the Public Utilities Regulatory Commission (PURC). In a statement signed by the union’s General Secretary, Alpha Shaban on April 15, GUTA
GUTA raises concern over increased utility tariffs Read More »
Dr. Rashid Tanko Computer, the Chief Executive Officer of the Ghana Investment Fund for Electronic Communication (GIFEC), has said that Ghana’s newly introduced gold trading regulatory system overseen by the Ghana Gold Board (GoldBod) will help the fight against illegal
GoldBod will tackle galamsey and regulate gold trade in Ghana – Dr. Tanko Computer Read More »
The International Monetary Fund (IMF) and the Government of Ghana have reached a staff-level agreement on the fourth review of Ghana’s three-year Extended Credit Facility (ECF) program. Once approved by the IMF Executive Board, the agreement will unlock approximately US$370
Ghana secures Staff-Level Agreement for $370 million disbursement from IMF Read More »