Lead

Switzerland has reportedly seized and repatriated almost $2 billion of the illicit money stashed in Swiss banks by foreign dictators, according to a report by the website Swissinfo, citing an official. According to the report, a new law…

The inauguration of the Bus Rapid Transport (BRT) for the commencement of the Ayalolo Transport System is not to sideline the operations of the Ghana Private Road Transport Union, President Mahama said on Friday. He…

The businessman locked in a prolonged GH¢51 million judgement debt issue with the government of Ghana, Alfred Agbesi Woyome, is reported to have been given another contract by the same government. Even though the Supreme Court of Ghana…

Africa is losing large amounts of money through trade misinvoicing and leakages in the balance of payment with the active connivance of its political class, making illicit financial flows (IFFs) one of the major sources of economic loss to…

Ghana has signed two separate loan agreements with the Export Import Bank of India, totalling $422.87 million for financing the construction of a railway line and a sugarcane development and irrigation project. The first agreement of…

The Monetary Policy Committee cuts its policy rate by 50 basis points on Monday to 25.5 per cent, the first in five years, on a positive outlook for inflation and the need to boost growth. “The outlook for inflation is broadly positive…

This week the Economic Commission for Africa (ECA) is meeting with its partners in the Kenyan capital, Nairobi to carve out specific action plans to stop the bleeding of African economies of billions of dollars through illicit financial…

President John Dramani Mahama has stated that the wild election promises by the opposition New Patriotic Party (NPP) are meant to deceive Ghanaians into acting in a manner that will help them destroy the destiny of the country. The…

Christmas is approaching, very close, but can hardly be heard about or felt. No Christmas carols at home, on radio and TV, no Christmas wares displayed in the various markets and this is hardly typical of Ghana, a country with over 70…

Mr Kwaku Sakyi-Addo, Chief Executive, Ghana Chamber of Telecommunications, on Thursday said the country’s mobile money transaction for half of 2016 has reached GH¢30 billion with over 80,000 people making a living as agents. According to…