The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) has unanimously increased the Bank’s authorised capital from $1.5 billion to $3.5 billion with effect from January 2023. The Governors also called for the third tranche of the capital of the bank which is in the sum of $438 million. The Board of Governors which comprises the ...

A snap opinion poll by Global InfoAnalytics shows that more than half of respondents are in favor of calls for the President, Nana Addo Dankwa Akufo-Addo to step down. While 54 percent were in support of the call, 40 percent were against it, with the remaining six percent saying they did not have any opinion on the subject matter. On ...

Ghana’s Budget Statement and the Economic Policy for 2023 may not be read on November 15, as scheduled. Majority Leader Osei Kyei-Mensah-Bonsu has revealed that the current negotiation with the International Monetary Fund (IMF) may delay the presentation. The Public Financial Management Act mandates that the budget is presented next two weeks. However, as negotiations between the Finance Minister and ...

The brother of President Nana Akufo-Addo says he has used the Presidential Jet with President Akufo-Addo “two or three times”. This was Edward Akufo-Addo’s response to a question posed by Victor Adawudu at an Accra High Court. Mr Adawudu is the lawyer for the Executive Director of the Alliance for Social Equity and Public Accountability (ASEPA), Mensah Thompson. Mr Thompson ...

The organisers of the World Cup in Qatar are paying groups of fans to travel to the tournament, saying they are asking them for positive comments on social media in return. The Supreme Committee for Delivery & Legacy (SC) confirmed the policy of inviting groups of supporters to the finals as guests after reports by Dutch public broadcaster NOS, which ...

Premier League clubs will reject Argentina’s request to leave their players out of the final round of matches before the World Cup. It has been revealed that one English club have already been asked by the Argentinian FA to release a player early for the tournament in Qatar this month – and dismissed it out of hand. It is understood ...

Wilson Chuma Kiprugut, Kenya’s first Olympic medallist died on Tuesday at the age of 84, the Kenyan athletics federation announced on Wednesday. Wilson placed third in the 800m race at the 1964 Tokyo Olympics. “Chuma was one of those athletes who put Kenya on the world map. This is a sad day for the country and for the world of ...

Dancehall artiste Shatta Wale is apparently unhappy that his former “employee”, Bullgod, may have leaked the contents of his upcoming album, and so he is threatening to hit back at him. The ‘Ayoo’ hitmaker has served notice that he will reveal what he says truly happened in relation to late artiste manager, Fennec Okyere’s murder. In a post on Facebook, ...

Jumia Ghana has said it will complement government’s efforts to ensure a stable inflation by providing exclusive offers on all of its product to consumers. This, according to Head of Customer Experience, Abigail Ayisi Oforiwaa, is a strategic vision to reduce the burden on citizens through offering high quality products and goods at competitive prices. Speaking to Joy Business at ...

Kenya Airways is likely to lose an estimated 300 million shillings ($2.5 million) per day if the planned strike by pilots at Kenyan airways takes place as scheduled. KALPA, a union that represents more than 400 pilots at the carrier, issued a notice that is set to trigger a strike at midnight on Wednesday over a dispute involving pensions, accrued ...