The Ministry of Local Government, Decentralization, and Rural Development (MLGDRD) has issued a directive to Metropolitan, Municipal, and District Assemblies (MMDAs) overseeing GARID projects to ensure that proper flood mitigation measures are implemented ahead of the rainy season. The Ministry disclosed that funds have been allocated for the desilting of drains as part of these […] The post Local
Absa Bank has introduced its Supplier Finance Programme, an innovative solution designed to revolutionize corporate supply chains in Ghana. This initiative aligns with Absa Bank’s dedication to providing comprehensive financial services that cater to the ever-changing demands of its corporate customers. In a business environment where the effective management of cash flow is pivotal to […] The post Absa
Dr. Opoku-Afari The Bank of Ghana (BoG) has praised the invaluable contribution of the National Banking College (NBC) to the training of human resources in the financial sector. The Read More... The post BoG
In April 2014, the government of Ghana borrowed $46 million from Rome-based IFAD, the International Fund for Agricultural Development, a UN body that, as its name suggests, finds money for countries to fix some of their agricultural challenges. IFAD’s loans often go to support projects targeting agro-processing, food security, improved smallholder farmer productivity, and similar […] The post How
Ghana’s fastest-growing bank, OmniBSIC Bank Plc, has opened 2024 positively by delivering strong results in the first quarter which is a strong indication of superior returns to shareholders and higher value for businesses this year. The bank’s profit soared by more than 58 per cent to GH¢82.58 million in March while liquidity and the balance […] The post OmniBSIC
13 female graduate entrepreneurs mainly from the country’s colleges of agriculture have received mentorship and coaching to start their agribusiness venture as part of a collaboration between the Technical Education Development for Modernizing Agriculture in Ghana (TEDMAG) and the University of Saskatchewan (USask) Global Community Service Fund (GCSF). The workshop supported by the Colleges of […] The post Women
The World Bank has recently released its April 2024 Commodity Outlook Report, which predicts a substantial drop in global food prices in 2024, with a projected 6 per cent decrease, followed by an additional 4 per cent decline in 2025. This decrease is mainly attributed to lower prices for grains, oils, and meals, while other […] The post World Bank predicts
The High Court in Tamale has ordered all four (4) accused persons implicated in the Northern Development Authority (NDA) corruption trial by the Office of the Special Prosecutor (OSP) to open their defence. The accused persons are Sumaila Abdul-Rahman, former CEO of the NDA; Stephen Yir-eru Engmen and Patrick Seidu, both Deputy Chief Executives of […] The post NDA
The High Court in Tamale has ordered all four (4) accused persons implicated in the Northern Development Authority (NDA) corruption trial by the Office of the Special Prosecutor (OSP) to open their defence. The accused persons are Sumaila Abdul-Rahman, former CEO of the NDA; Stephen Yir-eru Engmen and Patrick Seidu, both Deputy Chief Executives of […] The post Court
Professor Jane Naana Opoku Agyemang, running mate to National Democratic Congress (NDC) flag bearer John Mahama, announced plans to create women entrepreneurs and millionaires through the strategic establishment of a Women Development Bank. “We will actively pursue the establishment of a Women Development Bank to nurture and grow women-owned, women-led businesses,” Opoku Agyemang stated. “Women […] The post NDC
Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa has chided the government for failing to undertake proper community sensitization in communities along the Tema-Mpakadan railway line ahead of Thursday’s test run which ended in a disaster. The North Tongu MP is of the view that the accident could have been avoided if the government […] The post Train accident:
Businessman Prince Kofi Amoaben has expressed his confidence in former President John Dramani Mahama as the ideal leader to steer Ghana toward economic development and prosperity. Amoaben, the co-founder of the defunct UT Bank, averred the potential benefits of Mahama’s experience as a returning leader during his remarks at a fundraising dinner hosted by the […] The post Kofi
The Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchill, has emphasized the importance of the domestic capital market as a viable and sustainable source of funding for businesses. Mr. Bentsi-Enchill said this at the issuance of Letshego’s newly established and expanded GHS 500 million bond programme at the Ghana Stock Exchange. Speaking on […] The post Domestic
The Member of Parliament for Asuogyaman and the District Chief Executive for North Tongu, along with the owner of the Hyundai Gold 5-tonne vehicle involved in the rail accident, have collectively debunked claims of political sabotage as the cause of the train crash on the Tema-Mpakadan road. The incident took place on Thursday, April 18, […] The post MP, DCE debunk political sabotage
Abel Dzidotor, a 41-year-old truck driver who abandoned his vehicle on the Tema-Mpakadan rail lines, has been sentenced to six months in jail by the Juapong Circuit Court. This was after he pleaded guilty to three out of four charges namely – careless and inconsiderate driving, unauthorized stopping, and causing harm. He was convicted on […] The post Driver who caused accident
A United States-based Economist, Dr. Sa-ad Iddrisu, is questioning the developmental projects listed in NPP’s recently launched performance tracker. In a press release issued on Thursday, April 18, Dr. Iddrisu “Despite borrowing over GHc600 billion in the last eight (8) years, the NPP government seems to only boast about the number of completed toilet projects […] The post NPP
Source: GNA Mrs. Ursula Owusu-Ekuful, Minister for Communications and Digitalisation, has cautioned members of the public to desist from dealing in pre-registered SIM cards since it is illegal and an offence liable for prosecution. She explained that “Dealing in this context comprises the individual, who sells the pre-registered SIM as well as the buyer or […]
By: Vivian Akua Amoah ABANTU for Development with support from the African Women’s Development Fund (AWDF) has launched a project with theme “Strengthening Activism for a Gender-Responsive Elections 2024 in Ghana”, launched on the 18th of April 2024 in Accra. The project is intended to increase the effectiveness of citizens actions for an inclusive, credible […]
One of the newly imported trains, a Polish manufacturer of the Diesel Multiple Unit (DMU) train designated for the Tema-Mpakadan railway route has been involved in an accident during a test run. A statement by the Ministry of Railway Development also indicated that there were no injuries sustained by the passengers. The post Newly imported train crashes into stationary truck
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […] The post Stanbic
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