Ghana and IMF Agree to Review Programme that will Unlock $370 Million
The International Monetary Fund and Ghana’s government have reached a staff-level agreement on a fourth review of its $3 billion loan programme
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Airtel Tigo Debt Portfolio Stands at $200 million – Sam George
Samuel Nartey George, Minister of Communication, Digital Technology, and Innovation, has revealed that AT’s debt portfolio currently stands at $200 million following a debt restructuring arrangement
Amazon Offers Last-Minute Bid for TikTok Right Before Deadline
Amazon has reportedly made a last-minute bid to acquire TikTok as the popular video-sharing app nears the U.S. government’s Saturday deadline to separate from Chinese ownership or face a ban
NIB Seizes $350m Worth of Cocaine in Cape Coast, Ghana
Acting on intelligence, NIB officers stopped a tipper truck at Pedu Junction in Cape Coast and discovered 143 sacks of cocaine hidden beneath sand.
For the First Time in Weeks, 45.9% of the T-bills Auction is Under Subscription
Ghana’s short-term debt auction has recorded an under subscription, with bids falling short by 45.9% equivalent to GH¢2.82 billion for the first time in several weeks
The Finance Ministry Warns of GH₵88 Million in Banking Sector Fraud
Reported cases of banking sector fraud reached GH₵88 million in 2023—marking a concerning 7% increase from GH₵82 million in 2022.
Google Consents to Pay $28 Million in a Complaint Alleging Racial Bias
Google has agreed to pay $28m (£21.5m) to settle a lawsuit that claimed white and Asian employees were given better pay and career opportunities than workers from other ethnic backgrounds, a law firm representing claimants says.
IMF to Ghana: You Can’t Borrow More Than $250 Million in 2025
Ghana cannot borrow more than $250 million in external loans—including commercial loans—in 2025, under a borrowing cap as part of a Memorandum of Understanding (MOU) with its Official Creditor Committee (OCC)
Musk’s DOGE Cuts $900 Million from US Education Department’s Research Office
After announcing $101m would be slashed from 29 DEI training grants on Monday, the Doge account on Twitter/X said that Musk’s team terminated 89 contracts worth a total of $881m on Tuesday.
To Save Money, the 2025 Independence Day Event Will Only Be Conducted at Jubilee House
Addressing the media, Minister of State for Government Communications Felix Kwakye Ofosu stated that the regional rotational celebration has been paused, as the 2023 event cost the country GH¢15 million