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CDM Demands Immediate Suspension of Dr. Asiama’s Appointment as Bank of Ghana Governor
The Centre for Democratic Movement (CDM) has called for the immediate suspension of Dr. Johnson Asiama’s appointment as Governor of the Bank of Ghana (BoG), citing unresolved legal and ethical concerns that threaten the integrity of Ghana’s…
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Nana Philip Archer Appointed as New Board Chairman of GOIL
The Ghana Oil Company (GOIL) has announced the appointment of Nana Philip Archer as its new Board Chairman, marking a strategic move aimed at strengthening the company’s leadership and market position.
With over two decades of experience…
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Edward Bawa Reassigned as Group CEO of GOIL
President John Dramani Mahama has made a significant leadership shift, reassigning Edward Bawa from his newly appointed role as Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC) to take up the position of…
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World Bank Warns Ghana Over Unchecked Spending and Rising Debt
The World Bank has attributed Ghana’s fiscal challenges to a lack of budget discipline, leading to unchecked public spending, surging interest payments, and increasing financial constraints.
In its latest Public Finance Review, the Bank…
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World Bank cautions Ghana against premature return to Int’l capital market
The World Bank Country Director for Ghana, Liberia, and Sierra Leone, Robert Taliercio, has cautioned Ghana against hastily re-entering international capital markets, describing such a move as premature and potentially risky.
Speaking at…
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Ghana’s Economy to Grow by 4.2% in 2025, But Challenges Remain- World Bank
Ghana’s economy is set to grow by 4.2% in 2025 and 4.8% in 2026, according to the World Bank’s January 2025 Global Economic Prospects report.
However, these projections remain below the pre-pandemic average of 5%, highlighting persistent…
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Bento Africa shuts down due to leadership crisis
Bento Africa, the Nigerian HR technology startup embroiled in allegations of tax and pension irregularities, has temporarily shut down operations.
The decision follows the resignation of founder and CEO Ebun Okubanjo and the layoff of its…
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StarLife Assurance Partners with Figtech (MyFIG) to Revolutionize Life Insurance in Ghana
StarLife Assurance, one of Ghana’s leading life insurance companies, has announced a groundbreaking partnership with emerging Ghanaian insurtech firm Figtech (MyFIG) to digitally market and distribute life assurance solutions across the…
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Old Mutual Ghana Appoints Roy Punungwe as New Group CEO
Old Mutual Ghana is pleased to announce the appointment of Mr. Roy Punungwe as the new Group Chief Executive Officer, effective January 1, 2025.
He succeeds Mr. Tavona Biza, who has led the company with distinction for nearly six years.…
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India Rejects BRICS Currency Initiative, Stands by US Dollar
India has officially confirmed that it does not support the formation of a BRICS currency to challenge the dominance of the US dollar.
The Modi government has made it clear that it embraces the US dollar for cross-border transactions and…
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