A Ghanaian man has been arrested in Morocco, linked to an international fraud network and awaits extradition to the US on money laundering charges.
Franklin Cudjoe of IMANI Africa has disclosed that he lost more than GH¢100,000 to the haircut triggered by finance minister Ofori-Atta's domestic debt exchange
Ghana's inability to attract foreign investments will persist under Akufo-Addo because of some of the hard lines he has adopted, a finance expert has predicted.
Telecel has completed the acquisition of 70% shares in Vodafone Ghana, setting the stage for a massive rebranding campaign across Ghana in the coming days.
Dr Duffuor says although the job of managing an economy is tough, the current managers of the economy led by Dr Mahamudu Bawumia and Ken Ofori-Atta have failed.
Ghana's finance minister Ken Ofori-Atta is scheduled to visit China for talks over his inability to pay back its huge debt obligations to the Asian lender.
Government through the Attorney-General has approved the sale of 70% of Vodafone GH to Telecel, a company that is Africa-focused and a big industry player.
Essential utilities have gone up significantly even before the first quarter of 2023, demonstrating once again that the economic situation in Ghana is dire.
Tullow Ghana has dragged Ghana to the International Chamber of Commerce over claims by the Ghana Revenue Authority that it owes $387 million in back taxes.
Former Chief Justice Sophia Akuffo has joined the protests by pensioner bondholders at the finance ministry. She joined the picketing at the ministry on Friday.
Vice president of IMANI Africa Bright Simons has said there are rife rumours that Ghanaian middlemen for the gold-for-oil barter are profiting off the deal.
Economy
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