BUSINESS

MPs don’t know cost of implementing RTI Law – Abdallah

The Chairman of the Constitutional, Legal and Parliamentary Affairs of Parliament Ben Abdallah disclosed on Wednesday that the cost of implementing the Right to Information Law is unknown to Parliament, barely 24 hours after its passage. Ghana’s Parliament passed the long-awaited RTI Bill into Law on Tuesday. The Bill, which was relayed before Parliament in March last year by the ...

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Don’t trade in crypto, it’s illegal – MPs to Ghanaians

MPs have warned the public against investing in cryptocurrency as they demand legislation to regulate activities of cryptocurrency transactions in the country. According to them, millions of people across the globe are losing billions of dollars through cryptocurrency transactions thus the need for immediate executive attention. In a statement on the floor of the House on Wednesday, the Member of ...

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Banking Consultant calls for stricter banking reforms to avert future crisis

A Banking Consultant has called for stricter banking reforms to avert future crisis. Dr Richmond Atuahene says Ghana’s banking crisis is yet about starting, contrary to claims by the Central Bank Governor that reforms in the banking sector have been completed. Dr Atuahene argues that the banking sector still faces issues with suspicious human resource and bad corporate governance practices. ...

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Ghana to benefit from World Bank’s $4bn Human Capital Project for Africa

The World Bank has hinted that Ghana would benefit from a four-billion-dollar investment in Africa this year. According to the bank, this is part of its Human Capital Project for the year. This was made known at the bank’s launch of Africa CSO and Parliamentary Development Dialogue series to engage with key civil society organizations around major development priorities in ...

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Over 40% of uni graduates have no employment prospects – Investment banker

Entrepreneurship is no longer a choice; it is the only viable employment option available to lots of young graduates in the country, says Joe Jackson, Director of Business Operations of Dalex Finance. “Ghana has a long way to go in tackling the depressing phenomenon of joblessness,” he said blaming the situation “on partisan politics, widespread corruption, greed and recklessness in ...

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Absence of climate data impeding Africans’ access to climate funds – ADB

The scarcity of functional climate data centre is putting African countries at a disadvantage to access climate finance for development. Without accurate climate data, the continent won’t have hardcore evidence of what climate change is doing at ground level across the continent, the African Development Bank (ADB) has noted. The Director of Climate Change and Green Growth at the ADB ...

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Over 40% of university students have no employment prospects when they graduate – Joe Jackson

Entrepreneurship is no longer a choice; it is the only viable employment option available to lots of young graduates in the country, says Mr. Joe Jackson, Director of Business Operations of Dalex Finance. He said, “…Ghana has a long way to go in tackling the depressing phenomenon of joblessness…” He blamed the situation on partisan politics, widespread corruption, greed and ...

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SEC is the reason we are in this situation – Gold Coast Fund Customers fume

Aggrieved customers of the Gold Coast Management and GN Savings and Loan (Formerly GN Bank) have expressed disappointment in the Securities and Exchange Commissions (SEC) for the dragging approach tor retrieving their funds from the Nduom subsidiary. According to them, SEC seems unconcerned and are silent about the grievances of the customers although they have petitioned them and have done ...

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