The Government has through the Ministry of Finance promised to immediately clear all five outstanding coupons owed pensioner bondholders. Government has also agreed to pay all outstanding principals in two weeks. The decisions follow a meeting Friday between officials of the Ministry of Finance and leadership of the Pensioner Bondholders’ …
Read More »You’ll have access to your MoMo after restoration – Ken Ashigbey assures ‘blocked’ mobile users
Mobile users whose services have been limited due to failure to re-register their SIM cards have been handed a lifeline by the National Communications Authority (NCA) to have those services restored. There is an opportunity to still have that SIM card registered and all services restored including MoMo wallets. This …
Read More »SIM re-registration: Your momo account is safe even if you lose your number – MTN assures
The Chief Executive Officer of MTN Ghana, Selorm Adadevoh has assured that mobile phone subscribers who may lose their phone numbers for not re-registering their SIM cards will not lose their mobile money (momo) accounts. According to him, such subscribers will be later given directives on processes to take to …
Read More »food wrapped in plastic sheets link to prostate, breast cancers, among others
I recently chanced on a video posted on Facebook by the renowned singer, Kofi Kinata lamenting how fante kenkey is now wrapped with plastic rubbers, then covered with the traditional plantain leaves before cooking on the fire. His concern was that this predispose the consumers to several ailments. Indeed, this is a …
Read More »China will have access to Ghana’s mineral revenue, electricity sales in default of 4 loans – IMF
The International Monetary Fund (IMF), has revealed details about how Ghana’s four collateralized loans from China have exposed the country to the possibility of losing parts of its mineral resource revenue in addition to electricity sales in the future. For Ghana, Chinese loans have been a reliable funding source for …
Read More »Your Free SHS is poorly targeted – IMF tells government
The International Monetary Fund (IMF) has described government’s flagship Free SHS Senior High School (SHS) programme as poorly targeted. The Fund made this observation in its latest country report on Ghana, whose request for a $3 billion bailout it recently approved. According to the report, the Free SHS programme “which …
Read More »Continue paying existing transport fares for now – GPRTU pleads with public
After news about the 10% reduction in transport fares broke, commuters were anticipating a reflection on the ground but their joy was shattered. This comes after the Ghana Private Road Transport Union (GPRTU) appealed to the general public to continue paying the existing fares until the leadership of the various …
Read More »IMF Board finally approves Ghana’s programme request for $3bn bailout
The International Monetary Fund (IMF) has finally approved Ghana’s Programme request seeking for a $3 billion Balance of Payment support to stabilize the economy. The IMF in the coming hours is expected to issue a press statement giving more details about the approval. Joy Business is learning that the Board …
Read More »IMF Executive Board to consider Ghana’s request for ECF arrangement
All is set for the Executive Board of the International Monetary Fund (IMF) to consider Ghana’s Programme today May 17, 2023, with indications that the country will secure an approval for the programme. This will pave way for the disbursement of the first tranche of the $3 billion balance of …
Read More »First tranche of IMF cash to hit BoG account this week
The first tranche of International Monetary Fund (IMF) cash to support the country’s balance of payment is expected to hit the Bank of Ghana’s account this week. Joy Business is learning that the IMF Board will approve the “cash disbursement” as soon as it considers a request for Ghana’s Programme …
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