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UK Unveils £14 Billion AI Strategy to Boost Economy and Jobs
The UK government has launched a bold initiative, the AI Opportunities Action Plan, to integrate artificial intelligence across public and private sectors.
Prime Minister Keir Starmer announced the strategy on January 13, emphasising its…
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Ethiopia Launches First Stock Exchange in Nearly 50 Years
Ethiopia has taken a historic step in its economic transformation with the inauguration of its first stock exchange in nearly five decades, the Ethiopian Securities Exchange (ESX), on January 10, 2025.
Prime Minister Abiy Ahmed …
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Gov’t Records GHS 2.8 Billion Oversubscription in Treasury Bill Auction
For the second consecutive week, the government has recorded an oversubscription in its short-term debt instrument sale, surpassing its target by GHS 2.8 billion.
The Bank of Ghana’s latest auction results reveal that in its second…
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Economist Urges Mahama to Combat Food Inflation with Afram Plains Farms
Economist Prof. Patrick Asuming has called on the John Mahama administration to prioritise agriculture by developing large-scale commercial farms in the Afram Plains to address Ghana’s surging food inflation and stabilise prices.
His…
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Ghana Now Second Most Indebted African Nation to IMF
Ghana has emerged as the second most indebted country to the International Monetary Fund (IMF) in Africa regarding concessional lending and debt relief trust.
As of October 31, 2024, the country’s exposure to the Fund stood at 2.242…
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Elon Musk Considers Stake in Liverpool FC
Tech billionaire Elon Musk has reportedly expressed interest in acquiring a stake in Liverpool Football Club, fuelled by personal and family connections to the city, according to his father, Errol Musk.
During an interview on Times…
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Small-Scale Miner Fined GH¢12,000 for Mobile Money Fraud; Faces Six Years
A 23-year-old small-scale miner, Ahmed Abdul Rahaman, has been fined GH¢12,000 or, in default, faces a six-year jail term after tricking two mobile money vendors into transferring a total of GH¢8,000 into his account under false pretences.…
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“As long as I remain Governor, none of those licenses will be reinstated”- Dr. Addision swears
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has categorically ruled out the possibility of reinstating any revoked banking licenses during his tenure.
This decision, he asserts, is rooted in extensive reviews that…
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SONA 2024: Banking Sector Cleanup Was a Necessary Decision, Not a Vendetta—Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has reaffirmed that his administration’s 2017 banking sector cleanup was a critical move to protect Ghana’s financial stability and not driven by personal motives.
Delivering his final State of the…
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GCB Bank Temporarily Closes Liberty House Branch Over Katamanto Market Fire
GCB Bank has announced the temporary closure of its Liberty House Branch in Accra due to a fire outbreak at the Katamanto market earlier today.
The decision has been made to prioritise the safety of bank staff, customers, and assets.…
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