The genetic treatment targeted a particular kind of congenital deafness and will soon be tried in children who are younger.
The World Bank today, January 23, 2024 approved a $300 million Development Policy Operation for Ghana. The First Resilient Recovery Development Policy Financing is a critical contribution by the Bank’s International Development Association (IDA) to help Ghana’s economic recovery and support the country’s resilient and inclusive growth. “The Government of Ghana remains committed to restoring […] The post World
Some activities of Shipping lines operating in Ghana remain the subject of backlash in Ghana’s ports and logistics sector. Clearing agents operating at the various ports are calling on government to exert some authority over the lines in order to protect the businesses of citizens. Recently, the Presidents of two of Ghana’s freight forwarding associations: […] The post Clearing
Consolidated Bank Ghana LTD (CBG) as part of its fifth-year milestone has held a ‘CBG Meet the Press’ session with editors in Accra to celebrate the impact of the Bank over the years and strengthen ties with the media as is done every year by the Bank. The event brought together distinguished editors from selected […] The post Consolidated Bank Ghana Ltd strengthens
Absa Bank Ghana has been recognised for its outstanding support to the agricultural sector by the Ghana Incentive-Based Risk-Sharing System for Agricultural Lending (GIRSAL). Absa Bank was adjudged the overall winner of the GIRSAL Partner Financial Institution Excellence Awards 2023 in four categories; Highest Total Number of GIRSAL Guaranteed Agricultural Credit; Highest Total Value of […] The post Absa
I had gone to find spare parts for my now ageing Toyota Fortuner vehicle at Abbosey Okai. I was highly amused listening to some of the submissions during a heated debate on how the cedi has depreciated against the major foreign currencies. As I haggled over the prices of the spare parts to fit my […] The post Random
The past week was marked by a significant development in the public debt trajectory following the unanimous approval of Ghana’s request for debt treatment under the G-20 Common Framework for Debt Treatment Beyond the Debt Service Suspension Initiative (CF-DSSI). The government has been combining both fiscal prudence and debt restructuring measures to contain growth in […] The post IMF 2nd tranche
Africa is a continent with extraordinary economic potential despite its continual underdevelopment. Notwithstanding its prodigious youthful population, diversified cultures and vast array of natural resources, Africa has encountered a multitude of obstacles in its endeavour to exploit its economic legacy. In recent times, there has been an increasing emphasis on harnessing the economic potential of […] The post
President of IMANI Africa, Franklin Cudjoe, is seeking further clarification on the government’s recent decision to procure new trains for Ghana. This inquiry comes in the wake of government’s announcement of purchasing 12 modern diesel-powered trains scheduled to arrive in mid-February, to enhance the country’s railway transportation system. The intended deployment of these trains is […] The post Franklin
The Tema Port Expansion Project in Ghana epitomizes a strategic milestone in Africa’s maritime and economic landscape. This ambitious project, scheduled for completion by September 2025, is not just an infrastructural upgrade but a pivotal catalyst for economic transformation. The significance of this expansion is underscored by its scale and potential impact: it is set […] The post
The Disciplinary Board of the Confederation of African Football (CAF) has imposed a fine of $15,000 on the Ghana Football Association over fans trouble in the Africa Cup of Nations Match 4 game between Ghana and Cape Verde on Sunday, January 14, 2024. The Safety and Security Official reported that two groups of supporters from […] The post CAF slaps Ghana with $15K
Fidelity Bank, Ghana’s largest privately-owned bank, has emerged as a beacon of excellence with four of its key employees receiving noteworthy awards at the Ghana Association of Bankers Awards ceremony. Their dedication, talent and leadership shone brightly, underscoring Fidelity Bank’s commitment to leadership, innovation and customer protection, even amid recent industry turbulence. Among the luminaries […] The post
The World Bank Group yesterday, in principle, welcomed the agreement on key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework. This agreement, which is consistent with the Joint WB-IMF Debt Sustainability Framework, represents a critical milestone toward restoring debt sustainability in the country. “This […] The post
“Good Banking is produced not by good laws, but by good bankers.” — Hartley Withers, prominent British financial journalist around the turn of the 19th century Dear Readers, last week started with my article on the need to pause and self-reflect before making new year resolutions. It is during our pause for self-reflection that we […] The post Risk
On
Rev. Stephen Wengam The Second National Week of Fasting and Praying by the Assemblies of God churches throughout the country has ended. It was a period of intense prayers Read More... The post Assemblies Of God Ends National Week Of Fasting appeared first
Bank of Ghana Governor Dr. Ernest Addison has reassured the public that the launch of the much-anticipated e-Cedi, the country’s digital currency, will take place before the end of 2026. The Governor acknowledged progress made in the f the e-Cedi’s development, but attributed the delay in its launch to economic dislocation caused by the events […] The post BoG
President Nana Addo
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