The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […] The post Stanbic
Sydney Nii Ayitey Tetteh, Executive Vice President, Energy and Infrastructure at Stanbic Bank Ghana, has emphasized the important role of financial institutions in the soon to be implemented wholesale electricity market. He made this statement at the Electricity Market Conference held at the Volta Residence, Akuse in the Eastern Region. The Electricity Market Conference had […] The post Stanbic
Asantehene, Otumfuo Osei Tutu II, has urged the government to diversify companies it cannot maintain and run efficiently. According to him, there are a number of government companies and entities that are struggling that can do well with private partnerships. He disclosed this during the commissioning of a 430-kilometre natural gas pipeline by Genser Energy […] The post Don’t
A renowned security consultant, Richard Kumadoe says the Microfinance and Small Loans Centre (MASLOC) is a fraudulent setup by politicians. This follows former Chief Executive Officer (CEO) of the MASLOC, Sedina Christine Tamakloe Attionu, and interdicted Head of Operations, Daniel Axim have been jailed for a combined 15 years in prison. Per the sentence of […] The post MASLOC is
The Chamber of Petroleum Consumers (COPEC) has chided the Ministry of Transport over its directive to the Ghana Police Service regarding the implementation of new fares. The Ministry, on Monday, April 15, directed the Ghana Police Service to be on the lookout for commercial drivers who are charging fares exceeding the approved rates. Executive Secretary […] The post Transport
The OmniBSIC Bank, thought to be the fastest growing bank in the country, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 per cent to GH¢150.6 million in … The post OmniBSIC Bank posts historic GH¢150m
At least 33 people have been killed over three days of heavy rains and flash flooding in Afghanistan, according to the government’s disaster management department. “From Friday onwards, because of the rains there were flash floods which caused high human and financial losses,” department spokesman Janan Sayeq said on Sunday. “The primary information shows that, […] The post 33
Floods have killed 58 people in Tanzania over the last two weeks, spurring the East African country to seek an answer in major infrastructure projects. The government announced the death toll late on Sunday as heavy rains continued to lash the country. April marks the peak of Tanzania’s rainy season, and it has been exacerbated […] The post Floods kill 58 in Tanzania with heavy rains persisting
The involvement of Croatia’s sharp-tongued president in the country’s parliamentary election on Wednesday may not be constitutional. But it is certainly livening up what had threatened to be a predictable affair. The country’s parliamentary polls tend to follow a pattern. A centre-left coalition led by the Social Democrats (SDP) runs against the Croatian Democratic Union […] The post Sharp-tongued
French President Emmanuel Macron says the Paris Olympics opening ceremony could move from the River Seine if the security risk is too high. Mr Macron said it could be “limited to the Trocadéro”, across the Seine from the Eiffel Tower, instead of covering the planned stretch of the river. He added that it could even […] The post Macron says Paris Olympics opening ceremony
The look on her face was priceless; shock, disbelief and grief mixed with relief as her eyes glistened with tears. “So, I’m not a witch after all, I did not kill my sons” …. And she kept repeating those words. Why didn’t anyone tell her this earlier, but alas better late than never. A cloud […] The post World Haemophilia Day:
The Minister of Finance, Dr Mohammed Amin Adam, has reaffirmed that Ghana’s medium-term macroeconomic outlook and prospects remain positive and promising. He also highlighted the government’s dedication to implementing comprehensive structural reforms to bolster growth and enhance revenue mobilisation. Speaking during a joint press conference by the government of Ghana and the International Monetary Fund […] The post Ghana’s
The government is determined not to overburden Ghanaians with the payment of more taxes, Dr Mohammed Amin Adam, the Finance Minister, has assured. Rather, the government would ‘use the hard way’ to collect revenue from those who have not been paying the appropriate taxes, as well as those who have been evading taxes in the […] The post We won’t overburden Ghanaians
Dr Mohammed Amin Adam, the Minister of Finance, has outlined key performance indicators that led to the successful completion of the Second Review by the International Monetary Fund (IMF). On Saturday, April 13, 2024, the IMF disclosed that it had reached a staff-level agreement on the second review of the extended credit facility with Ghana. […] The post IMF
Iran has seized a commercial ship with links to Israel as it passed through the Strait of Hormuz early on Saturday. The MSC Aries was boarded by Iranian special forces about 50 miles (80km) off the coast of the United Arab Emirates, a statement from the vessel’s operator MSC said. Footage obtained by Reuters news […] The post Iranian troops seize Israel-linked ship appeared first on The
One person has been killed and 10 others injured after a cable car cabin collided with a broken pole and burst open in southern Turkey. Passengers plummeted to the ground following the crash on Friday evening after the supporting pylon collapsed near Antalya. The whole cable car system was immobilised while emergency workers tried to […] The post Dozens stranded, ten injured, one
US President Joe Biden has condemned the Iranian drone attacks on military facilities in Israel, reiterating Washington DC’s “ironclad” support and a coordinated Group of Seven (G7) diplomatic response, even as reports started to emerge that he is also seeking to de-escalate the situation. Biden cut short a trip to Delaware and returned to the […] The post Biden vows US support for Israel
The founder and leader of the Movement for Change, Alan Kyerematen, has pledged to abolish several taxes imposed on imports that he said are unnecessary and a huge burden to the trading community. Mr. Kyerematen made the pledge in an engagement with members of the Ghana Union of Traders Association (GUTA). He said the abolishment […] The post Ghana will have
The Ministry of Finance and the Bank of Ghana have shown a steadfast commitment to a set of policies right from the beginning of the implementation of the $3 billion programme with the International Monetary Fund (IMF) under very difficult circumstances, Governor of the central bank, Dr Ernest Addison has said. He stated that they […] The post $3bn deal: We are beginning
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has expressed optimism that the successful second review of the programme with the International Monetary Fund (IMF) will lead to the release of the 3rd tranche. The country had already received two tranches, $600million each. The release of the third tranche would increase the total […] The post IMF deal:
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS