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Ablakwa accuses govt of rushing through ‘questionable’ $750K ADB contract

The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has accused the government of rushing through questionable contracts, which he claims undermine fiscal responsibility and the principles of transparency and accountability. At the center of Ablakwa’s allegations is a $750,000 electronic servicing contract approved by the Agricultural Development Bank (ADB). In a post shared…

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Ghanaian banks post strong Q3 profits amid economic challenges

Several commercial banks in Ghana have reported impressive profit growth for Q3 2024, according to unaudited financial statements on the Ghana Stock Exchange. Some banks crossed the GHS 1 billion earnings mark by the end of September, highlighting strong sector-wide performance despite ongoing economic challenges and boosting investor confidence. Ecobank led with a remarkable 84.7%…

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