Guaranty Trust Bank Ghana has assured its customers and stakeholders of its commitment to resolving the Central Bank’s recent suspension of its Foreign Exchange Trading License. The suspension is effective from March 18, 2024, until April 18, 2024. In a statement issued on March 4, the Bank emphasized its ongoing collaboration with relevant Government Agencies […] The post We’re
Construction of a large-scale apparel manufacturing facility has commenced in Savelugu in the Northern Region to create over 1,600 jobs for women and youth in Northern Ghana. Students from the Savelugu School for the Deaf will be among the vulnerable to benefit from jobs to be created by the company. The project is spearheaded by […] The post German
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has successfully constructed a mechanized borehole for the Police Public Safety Training School (PPSTS) at Pwalugu in the Upper East Region, providing a sustainable and reliable source of clean water for the officers and the entire community. For more than a decade, the PPSTS has grappled with […] The post Fidelity
Management of the Ghana Export–Import Bank (GEXIM) has announced it will be hosting “Freedom Market” on Tuesday, March 5, 2024. The “Freedom Market” is a prelude to the 67th National Independence Day celebration next week in the Eastern Region under the theme “Our Democracy, Our Pride”. “Freedom Market”, a special edition of the Bank’s popular […] The post GEXIM
Togbe Afede XIV, the Agbogbomefia of the Asogli State, has strongly criticised the recent decision by the Bank of Ghana (BOG) to reduce the policy rate from 30% to 29%, describing it as nothing more than a “big joke.” The BOG’s Monetary Policy Committee (MPC) announced this cut on January 29, 2024, with Togbe Afede […] The post BoG’s 1% policy rate cut
By Buertey Francis BORYOR Business leaders have been reminded of the need to incorporate environmental, social and governance (ESG) principles into their operations and business strategies to enable the world to meet the Sustainable Development Goals (SDGs) target by 2030. The United Nations Global Compact Network Ghana’s Board Chairman, Sulemanu Koney, who made the appeal […] The post
Women at the food market The latest Food Security Update by the World Bank has revealed that about 1.96 million Ghanaians are facing acute food and nutrition insecurity. This Read More... The post 1.96m Ghanaians Face Food, Nutrition Insecurity
The Government has plans to set up a FinTech Innovation Fund to support Start-ups to drive Ghana’s digital revolution. Vice President Mahamudu Bawumia announced this in Accra on Monday during the official press launch of the maiden 3i Africa Summit. The three-day summit, to be held in Accra, is scheduled for May 13-15, 2024, on […] The post Government to introduce
Standard Chartered Bank Ghana PLC has held a STEM (Science, Technology, Engineering and Mathematics) hackathon in commemoration of International Day of Women and Girls in Science. The hackathon held at Accra High School was under the global theme for this year’s celebration “Women and Girls in Science Leadership, a New Era for Sustainability”, and designed […] The post Standard
The minister designate for Ministry of Tourism, Art and Culture, Andrew Egyapa Mercer, has mentioned that his appointment to head the Ministry is to ensure that the President’s vision sees the light of day. The former Deputy Energy Minister has indicated that the president has asked him to meet the outgoing minister to offer any […] The post My work as Tourism Minister is to
Delilah Mercer, Selassie Tetevie THE AFRICAN Furniture Lighting Accessories Trade Exhibition (AFLA_TON), scheduled to take place between March 5-29 2024, is poised to provide a significant platform for the showcasing of interior furniture, lighting, and Read More... The post AFLA_TON
By Emmanuel AKOMEA Access Bank Ghana PLC has signed a partnership agreement with Mac Autos & Spare Parts Ghana Limited to enhance vehicle ownership in the country. Mac Autos & Spare Parts Ghana Limited, including its subsidiary, MG Auto Trading Ghana Limited, is a leading automobile dealership, selling a wide range of leading brands. As part of […] The post
The value of loans granted by financial institutions fell by 54.9 % in the last quarter of 2023. The total amount of secured loans registered by banks and Specialized Deposit-Taking Institutions (SDIs) stood at almost GH¢5.9 billion compared to the GH¢13.2 billion in the same period of 2022. This huge decline of GH¢7 billion in […] The post Total value of secured loans
Raman Malhotra (L) and Kafui Bimpe (R) exchanging the signed document Access Bank Ghana has entered into an agreement with Mac Autos & Spare Parts Ghana Ltd and MG Read More... The post Access Bank, Mac Autos Partner To Increase Vehicle
Dr. Ernest Addison (M) with the delegation An eight-member delegation from the Stellar Development Foundation (SDF), last Thursday paid a courtesy call on the Governor of the Bank of Read More... The post BoG, SDF Hold Talks On Creative Industry Financing
Homeownership is one of the most rewarding experiences in one’s lifetime. It is an important decision to make and requires the right type of financing options to suite the purpose. Buying your first home has been made easy through Republic Bank’s Home Purchase products. Existing homeowners can also take a mortgage to renovate, expand, release […] The post OutStandingBrands24:
Sekyere Rural Bank Plc has over the past four decades held certain corporate values of achieving an excellent relationship with customers and giving the best to shareholders. These values have been at the forefront of the bank’s operations and forms part of the fundamental element on which the bank was established. Since its establishment, the […] The post
An eight-member delegation from the Stellar Development Foundation (SDF) led by Hollywood actor, Dr. Idris Elba and the SDF CEO, Denelle Dixon, paid a courtesy call on Dr. Ernest Addison, Governor of Bank of Ghana, on Thursday, 16th February 2024. The non-profit organization, whose objective is to use blockchain to unlock the world’s economic potential […] The post Idris
By Kizito CUDJOE The Senior Minister of Cambodia and President of the Anti-Personnel Mine Ban Convention, Dr. Ly Thuch, has called for action to encourage the remaining non-state parties in Africa – Egypt, Libya and Morocco – to join the Anti-Personnel Mine Ban Convention or Mine Ban Treaty. This is seen as a crucial step […] The post African
Andrew Egyapa Mercer, the Tourism Minister-designate, has expressed enthusiasm about his new role, highlighting the significant opportunities within the tourism sector. His nomination on February 14 was part of a broader cabinet reshuffle announced by President Nana Addo Dankwa Akufo-Addo, marking changes in key ministerial positions since his assumption of office in 2017. In an […] The post There
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