Dimension Data in Ghana is to come under new ownership and will trade under a new name following a Management Buyout (MBO) by Yvette Adounvo Atekpe, who has been leading the company for the last 16 years. Yvette Adounvo Atekpe has been actively promoting, supporting and working in the ICT industry in Ghana for over […] The post Locally-owned company acquires Dimension
Mr. Kwasi Kwaning-Bosompem, the Controller and Accountant General, has stated that any public sector worker without a Ghana Card will risk losing his/her salary effective March 2024. This follows the launch of a software solution that integrated the databases of the Mechanised Payroll System of the Controller and Accountant General’s Department (CAGD) and the National […] The post No
Ghana has received a draft term sheet on debt relief from its official creditors that is sufficient for the International Monetary Fund to disburse $600 million to the West African nation, Finance Minister Ken Ofori-Atta said. The term sheet from the Paris Club Group of creditors and new ones including China comes after months of […] The post Ghana gets debt-relief terms,
Ghana has received a draft term sheet on debt relief from its official creditors that is sufficient for the International Monetary Fund to disburse $600 million to the West African nation, Finance Minister Ken Ofori-Atta said. The term sheet from the Paris Club Group of creditors and new ones including China comes after months of […] The post Ghana gets debt-relief
The Social Security and National Insurance Trust (SSNIT) has increased monthly pension payments by 15% in line with its 2024 indexation rate. Following the review which is by Section 80 of the National Pensions Act, 2008, (Act 766) all valid pensioners on the SSNIT pension payroll as of the end of December 2023 will have […] The post SSNIT announces 15% increment in
The Ghana Stock Exchange (GSE) ended the year with a strong performance on the bourse despite the challenges in the capital market last year. The GSE-composite index which tracks the performance of all companies traded on the bourse, closed the year with a return of 28.08 per cent. However, the Financial Stock Index recorded a …
FBNBank is poised to build a stronger bank and serve customers better in 2024 in a bid to become one of the leading banks in the country, the Managing Director and Chief Executive Officer, Victor Yaw Asante, has stated. He said bank’s performance and achievements in 2023 would serve as basis to become one of …
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
The Deputy Chief Executive Officer of the Youth Employment Agency (YEA), Alhaji Ibrahim Bashiru, has assured the public that the government has allocated a substantial sum of GH¢120 million to ensure the successful implementation of the Business and Employment Assistance Programme (BEAP). Speaking at a press conference held at the Upper East Regional Coordinating Council, […] The post There’s
The Government Statisticians Professor Samuel Annim has announced that inflation rate for December 2023 has dropped to 23.2 percent from the 26.4 percent recorded in November in the same period. Prof. Kobina Annim said on Wednesday January 10 that food inflation recorded 28.7 percent, while non-food inflation saw inflation rate of 18.7 percent. Alcoholic beverages, […] The post Inflation rate drops to 23.2% first
Dr. Ernest Addison, BoG Governor A total of GH¢12.7 billion is expected to be raised by the government via Treasury bills (T-Bill) to finance its maturing bills in January Read More... The post Govt To Raise GH¢12.7bn In T-Bills appeared first on DailyGuide
Richard Nii Armah Quaye Founder and Board Chairman of Quick Credit, Richard Nii Armah Quaye has announced that following stakeholder engagement the house-to-house debt collection exercise has been suspended Read More... The post Quick Loan Ends House- To-House
The 5th edition of the CenBA Africa Business Excellence Awards was held at the Golden Bean Hotel in Kumasi in the Ashanti Region on 16th December 2023 to award companies that contributed to the success of businesses through creativity and innovation in Ghana and beyond. Angel Beverages Limited, producers of Angel Cola and other carbonated […] The post Angel
The CEO of the Youth Employment Agency (YEA), Kofi Baah Agyepong, has stated that the Business and Employment Assistance Programme (BEAP) will help reduce Ghana’s unemployment rate by providing a lifeline for countless young individuals striving to carve out a promising future. According to him, the initiative seeks to address the financial strains faced by […] The post BEAP
Founder and Board Chairman of Quick Credit, Richard Nii Armah Quaye, has announced that his company will no longer undertake house-to-house recovery of loans. Quick Credit had been in the news in the past months due to the activities of its loan recovery officers. Videos on social media capture confrontations between these officers and customers […] The post Quick Credit
Ken Ofori Atta Ghana is inching towards securing a $1.15 billion funding from the International Monetary Fund (IMF) and the World Bank by the end of February 2024, as discussions with bilateral creditors Read More... The post Ghana, Creditors Near $1.5bn Funding Deal
UBA official handing over the donation to the management of Madina Polyclinic Staff of the Universal Merchant Bank (UMB) has donated medical equipment to the Madina Polyclinic. It included Read More... The post #UMBCares Brings Cheer To Madina Polyclinic appeared
Morgan Ayawine The Industrial and Commercial Workers’ Union (ICU-Ghana) has appealed to social partners, especially the government, to support State-Owned Enterprises (SOEs). According to the workers’ union, SOEs like Read More... The post Support
Lawyers representing the Vice-Chancellor of SD-Dombo University of Business and Integrated Development Studies (UBIDS) have threatened legal action against the Ghana Tertiary Education Commission (GTEC) for instructing their client to retire. Professor Philip Duku Osei’s legal team argues that GTEC committed an illegality by directing him to retire upon reaching the compulsory retirement age of […] The post SDD
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
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