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I support BoG for taking over UniBank – Baba Jamal

A former Deputy Minister for Employment and Labour Relations under the John Dramani Mahama administration, Baba Jamal has revealed that he is fully in support of His Excellency Nana Addo Dankwa Akuffo- Addo and Bank of Ghana’s decision to take over UniBank. Bank of Ghana (BoG) announced the taken over of the management of the private bank, Unibank on Tuesday,20th… Read More

UniBank takeover: Can purchase of numerous radio stations be the cause? – Sam Pyne

The Ashanti Regional Secretary of the New Patriotic Party (NPP), Sam Pyne has quizzed if the purchase of numerous radio stations and the subsequent poaching of star presenters by former Finance Minister, Dr Kwabena Duffour can be said to be part of the causes of the takeover of uniBank. Sam Pyne speaking on Asempa FM’s Ekosii Sen Wednesday said he… Read More

Where is the Russian economy headed?

Russia’s economy is the world’s eleventh-largest. Following a period of recession, it managed to return to growth last year despite Western sanctions widening. But can the country continue on the road of recovery? Russian President Vladimir Putin, widely expected to secure a fourth term in the March 18 polls, oversaw a period of economic growth during his first two terms… Read More

Ghana’s current account deficit to narrow in 2018 – Standard Bank

Economists at the research desk of Standard Bank, the parent company of Stanbic Bank Ghana, have forecast an improved economic performance and narrowing of the current account deficit in 2018. Year-on-year inflation is expected to be around 9.3% as strong base effects from food inflation continue, while the expected cut in electricity tariffs should also be supportive. “We expect USD/GHS… Read More

ISSER partners top institutions to find better methods of tracking illicit financial flows

The Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana, Legon has collaborated with top international institutions to provide better ways of tracking illicit financial flows from developing countries. The three-year project is funded by the Swiss Programme for Research on Global Issues for Development, a joint initiative of the Swiss Agency for Development and Cooperation… Read More

GNPC to commit one million dollars for petroleum research

The University of Cape Coast (UCC) and the Ghana National Petroleum Corporation (GNPC) have signed a Memorandum of Understanding (MoU) to establish a research Chair in petroleum commerce. It is aimed at facilitating the sustainable development of the commerce of Ghana’s hydrocarbon deposits and provide a reference point for developing similar technical capacity in Africa. The four-year agreement also seeks… Read More