56.4% of Ghanaians remain in poverty – World Bank

ELS: MBN360 The World Bank says 56.4% of Ghanaians remain in poverty, despite recent economic growth, with widening spatial disparities highlighting a disconnect between headline economic performance and living conditions. Speaking at the launch of the World Bank Group’s 10th Ghana Economic Update, World Bank Division Director for Ghana, Liberia and Sierra Leone, Dr Robert […]

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Government Declines MTN’s GHS20 Million Offer for xenophobic Victims

ELS: MBN360 NEWS The Ministry of Foreign Affairs has formally declined a reported GHS20 million donation from MTN Ghana intended to support Ghanaian victims of recent xenophobic attacks in South Africa, stating that government has already made adequate financial provision to cover ongoing evacuation and reintegration efforts. The Ministry’s response follows media reports suggesting that […]

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Tourism, Culture and Creative Arts Minister urges AWA to promote tourist attractions through passenger information

ELS: MBN360 BUSINESS The Minister of Tourism, Culture and Creative Arts, Abla Dzifa Gomashie, has urged Africa World Airlines (AWA) to incorporate information on Ghana’s tourist attractions into its passenger experience as part of efforts to promote domestic tourism. She proposed that the airline provide passengers with information on tourist destinations located around its various […]

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Ghana Launches Powerful Committee to Police Virtual Assets

ELS: MBN360 BANKING Ghana has taken steps towards tightening oversight of the rapidly expanding virtual asset sector with the inauguration of the Virtual Assets Coordinating Committee (VACC), a move expected to significantly reshape how digital assets are regulated in the country. The committee brings together key institutions responsible for financial regulation, cybersecurity, public finance and […]

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Pensioners, domestic and Eurobond holders should get credit for debt sustainability, not GoldBod – Prof Bopkin

ELS: MBN360 Economy | National Economist Professor Godfred Bopkin says Eurobond holders, domestic bondholders and pensioners who endured losses under Ghana’s debt restructuring were instrumental in restoring the country’s debt sustainability. He says their sacrifices, rather than GoldBod, provided the financial “breathing space” that has enabled Ghana to bring down its debt-to-GDP ratio and debt-servicing […]

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