In a recent initiative to bolster economic resilience, Absa Bank Ghana has organized a seminar for its Business Banking clients focused on understanding and managing market risks effectively. The event, themed ‘Anticipate and Effectively Manage Market Risk’, aimed to provide insight into the current macroeconomic climate, highlighting potential market risks and outlining risk management solutions. […] The post
In a significant move towards ensuring environmental sustainability and responsible resource management in Ghana’s energy sector, Tullow Ghana, Unit Operator of the Jubilee field, along with its partners – Ghana National Petroleum Corporation, Kosmos Energy, Kosmos Energy Ghana Investment, PetroSA, and GNPC Explorco – has officially signed an agreement to establish a Decommissioning Trust Fund […] The post Tullow,
The Founders of ‘Gye Wo Fie’ In an exciting turn of events, Ghanaian siblings, Dan, Jason, and Will Twenefour, who found success in the UK property market with their Read More... The post ‘Gye Wo Fie’ Property Draw Launched appeared first on DailyGuide
Staff of ECG educating some women at the Nsawam market The Electricity Company of Ghana (ECG) Accra West, has organised a sensitisation programme for some customers in Nsawam in Read More... The post ECG Engages Customers On Smart Prepaid Metres appeared first
Joseph Boahen Aidoo The Ghana Cocoa Board (COCOBOD) management has said the company has not approved the procurement of Ipad keyboards for its Board of Directors as widely circulated. Read More... The post We’ve Not Procured Ipad Keyboards – COCOBOD appeared
Yaw Frimpong (R), Appiah Nyarko (2nd R) in a group photograph with dignitaries Deputy Minister of Food and Agriculture, Yaw Frimpong Addo, has appealed to investors and the youth Read More... The post Agric Is The Future – Minister Woos Investors appeared first
The Ghana International Bank (GHIB), a wholly Ghanaian-born bank incorporated in the United Kingdom, has launched its 65th anniversary celebration at the Kempinski Hotel, Gold Coast City, in Accra. Speaking at the launch, Chief Executive Officer of the Ghana International Bank, Dean Adansi, emphasised the importance of learning from the 65 years of the bank’s […] The post
Fresh data from the Bank of Ghana (BoG) shows banks still favour investments in government securities over and above extending credit to the private sector, meaning that businesses have access to less purchasing power in real terms. Governor Ernest Addison, in a press briefing for the 117th Monetary Policy Committee (MPC) meetings, revealed that compared […] The post Editorial:
The Ghana Cocoa Board (COCOBOD) has clarified that its management has not yet sanctioned the procurement of iPad keyboards for its Board of Directors. COCOBOD also stated that no procurement transactions have occurred. The management of COCOBOD has faced significant backlash following the circulation of a memo from the Board’s Information Systems Department which requested […] The post We’ve
The North East Regional Health Director, Dr. Ibrahim Baba Abubakar, has disclosed some challenges bedevilling health care delivery in the region. He revealed this during the annual health performance review meeting in Nalerigu, stating that poor road networks and inadequate staff redistribution have heavily impacted the region’s health sector. Dr Abubakar explained that the area’s […] The post North
In accordance with section 101(1) of the Banks and Specialised DepositTaking Institutions Act, 2016 (Act 930), the Bank of Ghana (BoG) has appointed Dr. Joseph O. France as an Advisor to advise the management of Universal Merchant Bank LTD (UMB) effective 25th March, 2024. The Advisor, according to the BoG, is expected to help monitor […] The post Bank of Ghana
The Bank of Ghana (BoG) has appointed Dr Joseph O. France as a Management Advisor to the Universal Merchant Bank Ltd. (UMB). Dr. France’s role will involve advising UMB’s management, monitoring its recapitalization efforts, and overseeing governance reforms agreed upon with the Bank of Ghana. The appointment is in accordance with section 101(1) of the […] The post BoG
The Bank of Ghana (BoG) says it remains committed to promoting a sound and resilient banking sector that retains the trust and confidence of the general public. The central bank said this while announcing that it has appointed Dr. Joseph O. France as an Advisor to advise the management of Universal Merchant Bank LTD (UMB) […] The post Bank
The management of the Ghana Revenue Authority has celebrated its outgone Commissioner-General Rev. Dr. Ammishaddai Owusu-Amoah. They commended him for his exceptional leadership and immense contribution to the operations of GRA, especially in the area of digitalization and wish him well in his future endeavours. President Akufo-Addo on March 28, 2024, appointed Madam Julie Essiam […] The post GRA
The National Communications Authority (NCA) has provided an update on the repair to the damage of the submarine cables which occurred on 14th March, 2024, and resulted in the disruption of data services in Ghana. The NCA said it engaged with the four Submarine Cable Service Providers (SAT-3, ACE, WACS and MainOne) to receive updates […] The post NCA updates on the repair to the damage
The Sekyere Rural Bank has made giant strides in spite of the Economic and Business Environment challenges in the first quarter of 2022. The bank recorded impressive performance in all the key financial indicators as Deposit hit-GHS126,840,132, Loans and advances – GHS45,675,697, Investment – GHS68,765,948, Total assets – GHS145,013,316, Share Capital – GHS2,240,178, Profit/loss before […] The post Sekyere
The Climate Vulnerable Forum (CVF) will now have a permanent headquarters in Ghana. The secretariat, which is expected to do more of the day-to-day work, is located in Accra and housed in the Africa Trade House, However, leadership or chair position rotates among member countries every two and half years. The leadership position (Presidency or […] The post Ghana is now the Headquarters
Joe Jackson, the Director of Business Operations at Dalex Finance, has assured customers of the Universal Merchant Bank Ltd. (UMB) that there is no cause for alarm regarding the Bank of Ghana’s (BoG) monitoring of the bank’s recapitalisation efforts. He urged customers to have confidence in the central bank’s role. The BoG has appointed Dr […] The post UMB
By Ebenezer Chike Adjei NJOKU [email protected] The Ghana Stock Exchange (GSE) is pushing for the reinstatement of the capital gains tax exemption on listed securities, with Managing Director Abena Amoah confident it would deepen investor participation and solidify the bourse’s gains. She believes the tax break, coupled with tax incentives for listing companies, would significantly […] The post
The Locked-up Investment Holders Forum will hold a protest today, Wednesday, March 27, 2024, against the Bank of Ghana (BoG). The demonstration aims to urge the central bank to address the issue of investments trapped in BoG-regulated financial entities. In a statement, Dr. Adu A. Antwi, the group’s convener, announced that participants would gather at […] The post Locked-up
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