One of the significant developments so far in 2024 for MSMEs in Ghana is the launch of the Business and Employment Assistance Programme (BEAP) by the Youth Employment Agency, under the leadership of its dedicated CEO, Mr. Kofi Baah Agyepong. The BEAP program aims to support 10,000 companies, leading to the creation of 20,000 jobs for […] The post John Kumah: Gov’t will pursue
Officials of Brilin Enterprise receiving a dummy cheque for being the National Best Agent FIDELITY BANK Ghana hosted an illustrious awards night on December 14, 2023, to honor and Read More... The post Fidelity Bank Celebrates Top-Performing Agents appeared
Over the last 15 years, one of the major developments that has revolutionized and disrupted the entire financial sector in Ghana is the emergence of Mobile Money Services (MoMo). Though MTN launched its Mobile Financial Services (MFS) in 2009, many Ghanaians were yet to warm up to it as a safe mode of payment in […] The post Navigating
A few days ago, I participated in the Central Conference on Work Relating to Foreign Affairs in Beijing, China. The conference pointed out the direction for China’s futural diplomatic work and the development of China-Africa relations. I want to take this opportunity to introduce to my Ghanaian friends the guiding principles of the conference and […] The post Toward
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the central bank exceeded its reserve target by almost US$1billion in 2023 with the help of the domestic Gold for Reserves programme. He stated that the BoG plans to continue with the programme to help in terms of building reserves going into […] The post BoG to continue ‘Gold for Reserves’ programme to prop
Lawyers representing the Vice-Chancellor of SD-Dombo University of Business and Integrated Development Studies (UBIDS) have threatened legal action against the Ghana Tertiary Education Commission (GTEC) for instructing their client to retire. Professor Philip Duku Osei’s legal team argues that GTEC committed an illegality by directing him to retire upon reaching the compulsory retirement age of […] The post SDD
The Bank of Ghana (BoG) has authorized 16 Foreign Exchange (FX) brokers to commence operations on the Ghana Interbank Forex Market effective January 1 to December 31, 2024. This is in accordance with section 3. 13. 1 of the Ghana Interbank Forex Market rules which provide that local and international FX Brokers who wish to […] The post BOG grants approval to 16
It was interesting to hear Bank of Ghana (BOG) officials pat themselves on the back because year-on-year inflation had dropped to 26.4% in November 2023, from 35.2% in October 2023 and 54.1% in December 2022. This trend should have been expected, I thought, because of the massive price increases and exchange rate depreciation that were […] The post Togbe Afede XIV writes –
Following the recent Akosombo Dam Spillage that displaced residents in Lower Volta, OmniBSIC Bank staff have demonstrated their generosity and commitment to the community through the Bank’s Staff CSR project known as the SEEK Initiative. Recognizing the urgent need for support, the bank’s staff raised funds and donated essential supplies to families now residing at […] The post
A team of bankers is ordinarily not a regular sight in any health facility in Ghana. Therefore, many patrons of the Madina Poly Clinic might have wondered “why”, when a sharply dressed team from the Universal Merchant Bank (UMB) drove into the clinic’s compound here in Kekele, Madina; a popular, densely populated suburb of Accra. […] The post #UMBCares brings holiday
In response to the surge in digital banking platforms and the corresponding increase in cyber threats, Fidelity Bank, Ghana’s largest privately owned bank, took proactive steps last month by dedicating a week to intensifying efforts against fraud, empowering its staff to be the first line of defence. Under the theme “Leveraging on Fraud Awareness and […] The post Fidelity
AmaliTech, a leading IT training & IT services company in Europe and Africa, celebrated the official opening of their new office in Accra recently. This comes months after they moved into the space and started making an impact on the local community. AmaliTech, which is headquartered in Germany and has offices in Rwanda and Ghana, […] The post AmaliTech’s
President Akufo-Addo with Dr. Ernest Addison President Nana Akufo-Addo has urged the Bank of Ghana (BoG) to maintain focus on executing its mandate while dismissing distractions that could derail Read More... The post Ignore Mischief Of Misguided Elements
Employees in the Bancassurance Unit of Stanbic Bank Ghana have organised a beach clean-up at the Korle Beach in Accra, demonstrating the bank’s commitment to protecting the natural environment. Speaking at the clean-up exercise, the Head of Bancassurance at Stanbic Bank, Henry Manyo-Plange, explained the importance of corporate institutions involving themselves in helping to keep […] The post
Fidelity Bank Ghana, the country’s foremost privately-owned bank, has reaffirmed its dedication to fostering inclusivity, empowerment, and advancing young women into leadership roles through its strategic sponsorship of the FemPower Outreach project. This initiative, orchestrated by the ECG Power Queens Club in celebration of their 35th anniversary, aimed to identify and nurture talented young females […] The post Fidelity
Dr. Ernest Addison The Governor of the Bank of Ghana, Dr. Ernest Addison, has stated that the Central Bank’s monetary policies with support from the Ministry of Finance have Read More... The post Economy Responding To BoG Policies – Addison appeared first
Dr. Kodjo E. Mensa-Abrampa National Development Planning Commission (NDPC) has announced the review of the long-term development plan of the country, also known as Agenda 2057. The review of Read More... The post NDPC Launch Development Plan Review Process appeared
The inflation rate declined to 26.4% in November, a 19-month low, the Ghana Statistical Service has published.The Consumer Price Index (CPI) for November 2023 was 198.2 – relative to 156.8 for November 2022. The Ghana Statistical Service says food inflation was the major contributor to the decline in the rate of inflation. In November, food […] The post Inflation declines from 35% to 26% appeared first
GCB Bank PLC has reinvented digital banking in the country with the relaunch of its revamped digital banking platform. The enhanced mobile banking app dubbed ‘Recoded’, the bank said, has been painstakingly developed to provide convenience to customers while ensuring the safety of investments. The new platform comes with unique features compared to any other […] The post GCB
The CDS engaged in the exercise as other senior officers look on The Chief of the Defence Staff (CDS), Vice Admiral Seth Amoama, has announced a collaboration between the Read More... The post NSS, GAF Plan Joint Food Production appeared first on DailyGuide
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