NEWS

Cement manufacturers refuse to attend KT Hammond’s meeting

A planned meeting with K.T. Hammond, the Minister of Trade and Industry, was boycotted by about five cement manufacturers on Monday, July 1, due to disagreements about a proposed Legislative Instrument (LI) that would control cement prices. Manufacturers Dangote, Supacem, Ghacem, Diamond Cement, and CIMAF were said to have objected …

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MTN Ghana holds 2024 edition of ethics and fraud awareness forum for vendors, suppliers and business partners

MTN Ghana has arranged a forum on ethics and fraud prevention for its suppliers, vendors, and business partners at MTN House in Accra. The forum’s topics this year included MTN’s Environmental, Social, and Governance (ESG) policies, data security and privacy, combating corruption and bribery, and the significance of moral corporate …

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Finance Minister blames cedi depreciation on speculations

Dr. Mohammed Amin Adam, the Minister of Finance, has strongly advised the public to abstain from any speculation regarding the current problems facing the cedi and to avoid taking any measures that would cause the currency to become even more unstable. This caution follows remarks made by Bolgatanga Central Member …

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IMF bailout: Board approves disbursement of $360m to Ghana

On Friday, June 28, the executive board of the International Monetary Fund (IMF) authorized the second evaluation of Ghana’s US$3 billion loan program. The most recent clearance permits the government to receive an immediate payout of US$360 million to support economic recovery. The decision was made subsequent to the nation …

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