The Chief Executive Officer of Engineers & Planners Limited, Mr Ibrahim Mahama has denied that he was a debtor of Merchant Bank. This comes after Investigative journalist Manasseh Azure Awuni’s latest book, “The President Ghana Never Got,” said. ““The Universal Merchant Bank (UMB), formerly stated owned Merchant Bank, generated uproar …
Read More »World Bank commends Ghana’s progress toward economic recovery
The World Bank has commended the government of Ghana for their efforts towards economic recovery. According to World Bank Country Director, Robert Taliercio O’Brien, Ghana has managed to reduce inflation and expenditure last year which resulted in a 7.9 percentage point decrease in spending. Speaking in an interview on Joy …
Read More »World Bank approves $250m credit and $10m grant to support Ghana’s energy sector
The World Bank has approved a $250 million credit from the Internationa Developmet Association (IDA) and an additional $10 million grant from the Energy Sector Management Assistance Programme to support Energy Sector Recovery Programme for Results (PforR) aimed at improving the financial viability of electricity distribution and increase access to …
Read More »ELection 2024: Background to Mahama’s National Women’s Bank promise
1. There used to be a women-owned financial institution in Ghana called Women’s World Banking (WWBG) Ghana Limited. 2. This bank was established and focused on providing financial services and products tailored to the needs of women entrepreneurs and business owners in Ghana. 3. Women’s World Banking Ghana Limited was …
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