Nigerian tycoon Aliko Dangote has regained his title as the richest person in Africa, surpassing South African magnate Johann Rupert, according to the latest updates from Forbes Real-Time Billionaires ranking. Dangote’s net worth soared from $9.5 billion on January 3 to $10.4 billion, nudging him back to the top spot. …
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According to the Bank of Ghana’s latest report in November 2023, Ghana’s currency, the cedi, has experienced a significant depreciation of 25.8% against the US dollar. The report highlighted a period of relative stability for the cedi between March and September 2023, trading between GHS 11.01 and GHS 11.13 against …
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As a young adult, navigating the intricate landscape of personal finance can seem daunting. However, understanding fundamental financial concepts and adopting prudent money habits can lay a robust foundation for long-term security and success. Embrace Financial Literacy Start by familiarizing yourself with basic financial principles. Knowledge about debt management, investing, …
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Life has a funny way of throwing financial challenges our way, and finding yourself broke can be a tough pill to swallow. During such times, starting a business might seem like a distant dream. Instead of diving into entrepreneurship, it’s essential to focus on immediate steps to rebuild your financial …
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Nana Appiah Mensah, also known as NAM 1, the embattled Chief Executive Officer (CEO) of the now-defunct Menzgold Ghana Limited, has asserted his intention to reclaim his GH₵2.5 million from the Ghana Police Service. He insists that the police were not authorized to deposit the funds with the Bank …
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In a remarkable display of generosity, renowned Ghanaian businessman Ibrahim Mahama has made history by donating a substantial relief package to over 20,000 homes across the Central, South, North Tongu, and Keta constituencies, all of which have been severely impacted by the Akosombo Dam spillage. This benevolent act of philanthropy …
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In an official announcement, the Ghana Police Service has confirmed the receipt of GH¢2.5 million from Nana Appiah Mensah, the former CEO of Menzgold, and the subsequent deposit of this sum into the Bank of Ghana. According to a statement shared on X (formerly Twitter), the Police Service clarified that …
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A recent visit to the Adabraka Fish Market in Accra by GBC News has brought to light an alarming surge in the prices of fish sourced from the Volta River. This price hike is attributed to the escalation of water levels and the spillage of excess water from the Akosombo …
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In a bid to rectify payroll anomalies, the Fair Wages and Salaries Commission (FWSC) is calling upon public institutions to take proactive measures. The FWSC’s appeal for immediate action comes in response to the discovery of multiple irregularities during their extensive payroll monitoring initiative launched in April 2023. Of the …
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The latest data released by the International Monetary Fund (IMF) during the IMF/World Bank meetings in Morocco on October 10, 2023, paints a more positive picture for Ghana’s economic growth in 2024, despite the challenges it has faced in recent times. According to the IMF’s projections, Ghana is expected …
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