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
Norway is likely to become the first country in the world to move forward with the controversial practice of commercial-scale deep-sea mining. The plan, up before a parliamentary vote on Tuesday, will accelerate the hunt for precious metals which are in high demand for green technologies. Environmental scientists have warned it could be devastating for […] The post Norway to approve controversial
Kidney patients undergoing treatment at the Korle Bu Teaching Hospital are urgently appealing to both governmental and non-governmental institutions for assistance in acquiring additional dialysis machines and consumables for the facility. The outpatient department of the renal unit was forced to close down in May 2023 due to financial constraints, resulting in the tragic death […] The post Korle
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
Celebrated Ghanaian UK based Gospel Artiste, Lady Adwoa through her Hope Assured Foundation has celebrated early Christmas with the YOA Foundation, an organisation that supports children with cerebral palsy and their parents. The donation which was done at the premises of the Foundation in Accra on December 13, 2023 had that main aim of stocking […] The post Gospel
The UK’s Foreign Secretary, David Cameron, will be in Egypt today, where he’s expected to push for more aid delivery into Gaza and urge all sides to reach what he calls “a sustainable ceasefire”. Cameron was in Jordan yesterday, whose leaders are demanding an immediate halt to the fighting in Gaza. This is his second […] The post UK’s
Kofi Dzamesi (M), with some board members, directors and stakeholders Bui Power Authority (BPA) has recorded a 97% profit after tax of $79,218,134 in 2022 marking an increase from Read More... The post Bui Power Records 97% After Tax appeared first on DailyGuide
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
Accra Hearts of Oak Sporting Club came close to breaking a three-game winless streak but conceded a late equalizer in a disappointing manner, missing the opportunity to secure three points. The Rainbow Club ended with a 1-1 draw against Nations FC at the Dr. Kwame Kyei Sports Complex after securing a 1-0 lead in the […] The post Hearts
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
Shirley Tony Kum donating the equipment to managers of the Surgical Department Vivo Energy Ghana, marketer and distributor of Shell-branded products and services has donated four surgical smoke evacuator Read More... The post Vivo Energy Donates To Korle-Bu appeared first on
The Development Bank Ghana (DBG) has demonstrated its commitment to the fight against breast cancer by generously donating GH¢200,000 to the Breast Cancer Units at both Korle Bu Teaching Hospital and the 37 Military Hospital. This commendable initiative, spearheaded by the dedicated staff at DBG, aligns with the ongoing efforts to make a substantial impact […] The post DBG
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS