Ghana’s Black Stars have reportedly been robbed in Vienna ahead of their friendly against Austria, with cash and valuables said to have been stolen from team hotel rooms.
Full story: sweetfmonline.com/article/black-…#SweetFMOnline#GhanaNews
NON-OIL REVENUE NOW 80%+ GHANA IS DIVERSIFYING
For years, Ghana depended heavily on oil money. That’s risky because oil prices go up and down.
What’s changed?
More than 80% of government revenue now comes from non-oil sources (taxes, duties, domestic revenue).
Why this matters:
• The economy is becoming more stable and less dependent on oil shocks
• Government can plan better without relying on unpredictable oil income
• It signals deeper, structural reforms not just quick fixes
GCB shares: GH¢6.37 → GH¢20.11 📈
That’s a 215% gain in ONE year. During the NPP era banks looked risky because of the financial inefficiency and cleanup.
What changed under NDC
• Govt borrowing pressure eased
• Interest rates started falling
• Liquidity returned to banks
• Credit expanded (+56.8%)
GCBs loan book grew by 56.8%.
This is Because the government stopped over-borrowing from local banks, leaving money for you and your business. Under heavy gov borrowing: Banks prefer “risk-free” T-bills over your SME.
NDC reduces domestic borrowing pressure →
Liquidity stays in the system →
Banks must find real customers
Look at the signals:
• Deposits up 19.7% (GHS41.3B)
• Loan book up to GHS16.39B
• NPLs DOWN (15.1% → 10.3%)
Ghanaian drill rapper O’Kenneth has made a generous donation to the SHS students participating in the ongoing Asokwa Street Art project and has pledged to shoot his next music video in the area, showcasing their artwork as an honor to their talents.
[🎥: mark.practikal5]
@XhosaFact@zoomafrika1 It doesn’t matter where the account is located. Let’s address the content of the video.
South Africa needs to stop this foolishness and hatred for other Africans.
@zoomafrika1 Your passion for African wellbeing and your own experiences reflect your deep understanding as someone who takes pride in their country. However, it’s surprising to see you speak dismissively about South Africans.