The Consolidated Bank Ghana (CBG) has raised some GHS150 million loan from Ghana’s stock market for Kasapreko Company Limited – an indigenous beverage manufacturer. The amount, the first tranche of GHS600m facility, would be used to support the Company’s working capital, finance capital expenditure, including expansion of operations, and refinance short-term debts. The debt instrument […] The post CBG
Richard Adjei ( 2nd left ) with officials of CBG and GSE tolling the bell to signify the listing Consolidated Bank Ghana (CBG) on Monday, 19 February, 2024, listed Read More... The post CBG, Kasapreko Raise GH¢600m On Stock Market appeared first on
Ernest Yawo with the prize Vodafone Ghana’s, “Live Your Life” Promo has rewarded two customers, Ernest Atse Yawo and Michael Archer. The two, won grand prizes of GH¢100,000 and Read More... The post 2 Win Vodafone’s ‘Live Your Life’ Promo appeared first on
Delilah Mercer, Selassie Tetevie THE AFRICAN Furniture Lighting Accessories Trade Exhibition (AFLA_TON), scheduled to take place between March 5-29 2024, is poised to provide a significant platform for the showcasing of interior furniture, lighting, and Read More... The post AFLA_TON
Producer Price Inflation (PPI) for the month of January 2024 increased marginally to 17.4% from the 16.6% recorded in December 2023. This rate indicates that between January 2023 and January 2024 (year-on-year), the PPI increased by 17.4 percent, representing a 0.8 percentage point increase in producer inflation relative to the rate recorded in December 2023 […] The post PPI
The average rate of unemployment in the country has risen to 14.7 percent in the first three quarters of 2023. The number of unemployed youth aged between 15 and 35 rose from about 1.2 million to over 1.3 million during the same period with the rate among females consistently higher than males. This is according to […] The post Ghana’s unemployment rate hits 14.7 percent
The average rate of unemployment in the country has risen to 14.7 percent in the first three quarters of 2023. The number of unemployed youth aged between 15 and 35 rose from about 1.2 million to over 1.3 million during the same period with the rate among females consistently higher than males. This is according to […] The post Average unemployment rate
Dr. Matthew Opoku Prempeh, Ghana’s Energy Minister, is currently in Trinidad and Tobago with representatives from the Petroleum Commission (PC), Bulk Energy Storage and Transportation Company (BEST), and GOIL PLC. The visit is to enable the team to learn from best practices, investigate advanced technologies, and explore potential collaborations. This initiative is part of ongoing […] The post Energy
FBNBank Ghana has launched its very modern banking operating software to improve customer experience and set new benchmarks for banking excellence in Ghana. The very current banking operating software known as Finacle 11x represents a significant investment in technology and innovation, underscoring FBNBank’s commitment to delivering seamless, secure, and personalised banking services to its esteemed […] The post FBNBank
The Chamber of Petroleum Consumers (COPEC) and the Institute for Energy Security (IES) have urged the National Petroleum Authority (NPA) to shut down the Chinese Sentuo Oil Refinery over alleged illegal operations. COPEC and IES, in a statement on February 21, 2024, raised concerns about the refinery operating without the appropriate permit from the NPA […] The post COPEC,
The Management of the National Lotteries Authority (NLA) says it will continue to embark on swoops to arrest illegal lotto operators, arraign them and secure convictions as part of efforts to sanitize the space. According to the authority, this aggressive move is to ensure that losses made by the government and the NLA to illegal […] The post NLA to embark on swoops
The government should scrap taxes on agricultural machinery and equipment to make them affordable for farmers to boost food production, a Chief Research Scientist, Dr Roger Kanton, has proposed. Dr Kanton, who is a Chief Research Scientist, formerly with the Savannah Agricultural Research Institute under the Council for Scientific and Industrial Research, made the suggestion … The post Scrap
Vodafone Ghana has rewards two of its customers under the ‘Live Your Life’ promotion. The two lucky customers took home cash prizes of GH¢100,000 and GH¢50,000 respectively. The ‘Live Your Life Promo’ was introduced by Vodafone Ghana to reward loyal customers of the company. Subscribing to the service by dialling *570# or *580# at GH¢1.00 … The post Vodafone
In a fast evolving international business climate, the demands on the maritime industry abounds. Expectations on maritime service providers in the maritime industry are not only economic in nature but also social, environmental and political. The likelihood to meet these demands is increased by a commitment to continuous learning and unlearning. This is why maritime […] The post Opportunities
Ignatius Baffour Awuah Minister of Employment and Labour Relations, Ignatius Baffour Awuah, is scheduled to meet with stakeholders in the pension industry to discuss the refund of unpaid 4% Read More... The post Minister To Engage Stakeholders On Tier 2
John Boadu (4th left) exchanging a gift with Daniel Addo (4th right) as other officials look on Consolidated Bank Ghana (CBG) Ltd has been commended by the State Interests Read More... The post Ag. SIGA DG Commends CBG appeared first on DailyGuide
By Raghuram G. Rajan & Viral V. Acharya Almost a year after the mini banking crisis in the United States, it is worth revisiting the episode. Was it just a tempest in a tea-cup? Was there really a systemic threat, or was it just a problem with a few banks? Should the interventions by the […] The post The danger of forgetting the 2023 banking crisis appeared
Amakye Dede Famous Ghanaian highlife musician, Abrantie Amakye Dede, has disclosed that hip hop act Sarkodie and well-known Afro-dancehall performer Stonebwoy, will elevate Ghanaian music to new heights. He Read More... The post Amakye Dede Commends Sarkodie, Stonebwoy
The Teachers and Educational Workers Union (TEWU) has vehemently urged the Office of the Special Prosecutor (OSP) to promptly release all frozen salaries owed to its members. The Association alleged that the OSP has withheld the salaries of more than 400 teachers during its investigation of ghost names on the government’s payroll. Speaking to Citi […] The post TEWU
The Chief of Ayanfuri in the Central region, Odeneho Kwasi Peprah II, has petitioned the Inspector-General of Police, Dr. George Akuffo Dampare, to investigate a suspected malfeasance in the collection, disbursement and payment of mineral royalties, in respect of Ayanfuri stool land. He said the 25% mineral royalties accruing from mining operations of Perseus Mining […] The post Ayanfuri
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