The former CEO of the collapsed cryptocurrency exchange FTX, Sam Bankman-Fried, took a flight from the Bahamas to New York to face fraud-related charges.   The 30-year-old was extradited on accusations of committing “one of the worst financial scams in US history,” according to US investigators. Mr. Bankman-Fried, who denies […]

Samuel Ofosu-Ampofo, the former chairman of the National Democratic Congress (NDC), was defeated at the Saturday, December 17, 2022, National Delegates’ Congress held at the Accra Sports Stadium in the Greater Accra Region, according to a former Municipal Chief Executive (MCE) of Ejisu-Juaben Municipal Assembly in the Ashanti Region.   […]

Ghanaians have been warned by the Central Bank not to borrow money from 19 unauthorised institutions. On August 22, 2022, it issued a statement that read, “The Bank of Ghana has noted that certain unlicensed organisations are giving loans to Ghanaians in violation of the 2016 Banks and Specialized Deposit-Taking […]

On December 4, 2022, Minister of Finance Ken Ofori-Atta announced a Domestic Debt Exchange, with the understanding that specifics of the aforementioned programme will be revealed today, December 5. In his four-minute speech, he made three main points, one of which was, “There will be NO haircut on the principal […]

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