Ghana, a nation facing its worst economic challenges, recently received a much-needed cushion in the form of a US$3 billion bailout approved by the International Monetary Fund (IMF). This financial support has appeared to be a critical help for Ghana’s struggling economy, particularly in the face of the shocks brought by the COVID-19 pandemic. This […] The post
Fur ein wird Deren Konnex denn angeblich keineswegs nachfolgende Begluckung Unsere Sachlage ist eine: Ich container 2 Aufgrund verschiedener Umstande wird selbst Mitte letzten Jahres enorm defatistisch weiters genoss in der Kirche um das Signal gebeten, wer der ordentliche Angehoriger fur mich wird, weil ich muhelos nicht langer konne, nebensachlich so lange selbst wusste, dass […]
Afrobeats sensation Omah Lay has reflected on his time in Ugandan prison, labelling it an “amazing time” Omah Lay, along with Tems, faced legal consequences for performing at a concert in Speke Resort, Kampala, violating COVID-19 social distancing regulations at the height of the pandemic. In the interview, Omah Lay shared that despite the initial […] The post Ugandan prison was amazing for me –Omah
Standard Chartered Wealth Management Chief Investment Office (CIO) has released its Outlook 2024 report, outlining its investment strategy for the year ahead. The US and other major economies are likely to witness sharply slower growth and sliding inflation in 2024. Equity and bond markets are expected to start 2024 positively, supported by hopes of a […] The post Sailing with the wind
The UK- Ghana Chamber of Commerce (UKGCC), a member-based trade association that promotes trade between the UK and Ghana, has released the 5th edition of its annual Ghana Business Environment and Competitive Survey Report for the year 2023. Over 690 businesses, including UKGCC member and non-member companies from 16 industries and ranging from small to […] The post
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 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 Association of Ghana Industries (AGI) has stated that it is looking forward to the reintroduction of the import and export restrictions bill in Parliament. The Ministry of Trade presented the bill to restrict the importation of 22 items, including poultry, rice, and sugar, among others. However, the laying of the bill was suspended following […] The post We’re
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
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
Development Bank Ghana (DBG) has partnered with its Participating Financial Institutions (PFIs) to disburse GHS 623 million into the private sector. This capital injection has contributed to the creation of jobs, expansion of businesses, increased revenue, and generation of foreign exchange. DBG’s key highlights in 2023 are captured in a year-end wrapped video on its […] The post
The Ministry of Trade and Industry (MoTI) and the Chamber of Cement Manufacturers, Ghana (COCMAG) have agreed to publish the recommended distribution and retail prices of the various grades of cement sold in each of their respective distribution zones. The Minister of Trade and Industry, K.T Hammond called the meeting to express concern about the […] The post Cement
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has been recognised for its outstanding contributions to agricultural lending in Ghana – receiving two prestigious awards from the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL). The bank was named the Most Responsive Partner Financial Institution of the Year and earned the Highest Staff […] The post
Ecobank, the leading pan-African financial services group, unveils its new brand campaign ‘A Better Way | A Better Africa’, at the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 (AFCON). Ecobank is a proud official sponsor of the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 and is leveraging the unifying, exhilarating and […] The post Ecobank
…as it marks 40th anniversary The Brakwa-Breman Rural Bank PLC, located in Brakwa in the Asikuma-Odoben-Brakwa District of the Central Region, has indicated its readiness to intensify adoption and integration of modern technologies, in a bid to deliver innovative financial services to customers. According to the Board Chairman of the bank, Alexander Koomson, Brakwa-Breman Rural Bank […] The post
The domestic fintech space is poised for a major shift – driven by the explosive growth of Buy Now, Pay Later (BNPL) solutions, according to legal experts at fintech-focused Sustineri Attorneys PRUC. Its latest report the Ghana Fintech Report Q4 2023 projects BNPL to become the dominant trend, echoing the global surge in this flexible […] The post Buy Now
The post Death of Mills: In what capacity is the Queen mother asking for an autopsy?- Mensah Thompson queries appeared first on Citinewsroom - Comprehensive News in Ghana.
A leading tourism company has embarked on a groundbreaking journey to revolutionise tourism and elevate service delivery with the launch of Adansi Travel House – a pioneering one-stop destination catering to all travel needs, both inbound and outbound. Situated prominently on the La-Bawaleshie Road, East Legon, Adansi House is now home to a constellation of […] The post Adansi
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