The release issued last week and signed by the Managing Director, Edwin Provencal, indicated that, “the revaluation which was a deliberate decision to enhance the reporting of the company led …
Politics
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Agric and EnvironmentEconomy and FinanceLifestyleMining & EnergyNewsPoliticsTechnology
Liabilities of most SOEs more than doubled in 4yrs – Mould
by Adnan Adamsby Adnan AdamsThe finance and energy expert, Alex Mould has, thus, summarised the liabilities of the major SOEs in the country to help in critical scrutiny of the performance of the SOEs. …
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Agric and EnvironmentEconomy and FinanceNewsPolitics
BOST challenges GHC400mn lose in SIGA report
by Adnan Adamsby Adnan AdamsUnderlying Business of your company, BOST is PROFITABLE – The report of the GHC400 million losses made by BOST is not accurate. To measure the profitability and operational efficiency of …
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Economy and FinanceLifestyleNewsPolitics
LEAP beneficiaries to receive arrears as WB supports Ghana with GH¢42mn
by Adnan Adamsby Adnan AdamsThe World Bank has released GH¢42 million through the Ghana Productive Safety Net Project 2 (GPSNP 2), to support the Government of Ghana (GoG) to pay two cycles of arrears—75th …
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Agric and EnvironmentEconomy and FinanceNewsPolitics
Privatise all SOEs to attain profitability as desirable – Economist advises gov’t
by Adnan Adamsby Adnan AdamsAccording to the 2020 State Ownership Report, the SOEs recorded a GH¢2.61 billion loss in 2020, although that was about 50 percent better over the 2019 aggregate loss of ¢5.16 …
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Economy and FinanceNewsPolitics
Gov’t told to stop the ‘COVID blame game’ to restore economy credibility
by Adnan Adamsby Adnan AdamsHe chided President Nana Akufo-Addo’s comments he made during the recent interview with the BBC, where the President sought to defend the state of the Ghanaian economy as a result …
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Agric and EnvironmentEconomy and FinanceNewsPoliticsTechnology
Gov’t strives to tame Cedi fall as it tops Africa worst currency table
by Adnan Adamsby Adnan AdamsAccording to a Bloomberg report, the Ghana Cedi depreciated by 18.21 percent against the U.S dollar in the first quarter of 2022. This places the Cedi as the worst-performing currency …
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Agric and EnvironmentEconomy and FinanceNewsPoliticsTechnology
Economists, MoMo vendors and users respond negatively to E-Levy passage
by Adnan Adamsby Adnan AdamsMobile Money (MoMo) vendors across the country complained that, there were madrush withdrawals at their various mobile money vending outlets causing them to run out of cash which has tendency …
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“Warm congratulations to the Senior National Football Team, the Black Stars… for qualifying for the 2022 World Cup in Qatar. I am very proud of the team’s exploits. They have …
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Economy and FinanceNewsPolitics
E-Levy Walkout: Minority Smartness Pushed Majority To Make Unconstitutional Approval
by Adnan Adamsby Adnan AdamsIn the hung Parliament of 137 MPs apiece for the Majority New Patriotic Party (NPP) side and the Minority National Democratic Congress (NDC) side, a required quorum for the vote …