Credit to the private sector by banks will continue to squeeze due to the Bank of Ghana’s high Credit Reserve Ratios (CRR). This is one of the key findings and conclusion of a research paper by banking consultant, Dr. Richmond Atuahene and data and research analyst, Isaac Kofi Agyei. The report titled ‘Thirsty Banks: Ghana’s […] The post BoG’s
Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG). CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and foreign currency – as cash […] The post Editorial:
By Esther Eyram ABODAKPI-LUMOR Customer relationship management (CRM) involves building a solid link with your customers and enhancing their entire experience within the organization. The implementation of CRM systems has become essential for businesses of all sizes in this digital Age. A CRM system helps you effectively manage and track customer interactions, from initial contact […] The post
The Communications Officer of the National Democratic Congress, Sammy Gyamfi, has accused the Akufo-Addo-Bawumia government of institutionalizing corruption. Gyamfi’s assertion is grounded in the Corruption Perception Index (CPI), where he highlights a stark decline in Ghana’s performance over the last seven years. According to Gyamfi, Ghana achieved its best CPI score of 48 in 2014 […] The post Akufo-Addo
The National Petroleum Authority (NPA) on Monday, 29th January, 2024 successfully held the maiden Open Competitive Tender for LPG imports into the country. The winning Tenderer submitted the lowest premium of USD30.39/MT for the four (4) Lots that were tendered for the period, March to June 2024. This is a significant drop from the current […] The post LPG importation now goes through tender process
Yet again, we have scored 43 out of a possible 100 on the Corruption Perceptions Index (CPI). The results are disappointing. Yes, we did not slip. One will muse. Fair enough. But we did not progress either. We did not cross the threshold of an average mark. That is our reality. On the credit side […] The post Corruption and Justice, Where Does Ghana Stand -Special Prosecutor
Nigeria on Tuesday recorded an improved ranking in the Corruption Perception Index (CPI), moving five places up to rank 145 out of 180 countries assessed. According to the latest corruption index released by Transparency International (TI), the country also gained one point added to its previous 24, ending up scoring 25 out of the 100 […] The post Nigeria moves up in Corruption Index
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Sri Lanka’s Parliament has passed a hastily proposed bill to regulate online content, sparking criticism from rights groups and opposition politicians that the government is trying to crack down on dissent and stifle freedom of speech ahead of parliamentary and presidential elections this year. The measure was passed on Wednesday by a 108-62 vote, the […] The post Sri Lanka Parliament
Cori Broadus, the daughter of US superstar rapper, Snoop Dogg, has said she broke down in tears when doctors told her she had suffered a “severe stroke” aged 24. Broadus shared her news with a picture of herself lying in a hospital bed on an Instagram story on Thursday, to her 657,000 followers. Commenting on […] The post Snoop Dogg’s daughter suffering stroke at age 24 appeared first
As part of efforts to encourage the youth to connect with cocoa from bean to bar and develop their knowledge in cocoa and its related activities, the management of the Cocoa Research Institute of Ghana (CRIG) in Tafo, Eastern Region, has launched the Cocoa Club Ghana. The Cocoa Club is a fun-based educational outreach program […] The post CRIG launches
The National Petroleum Authority (NPA) has urged the public to opt for the cylinder recirculation model (CRM), since it is more convenient, safe and affordable. The authority again stressed the need for people to adhere to safety measures in LPG usage to avoid gas-related explosions and resultant injuries and deaths. The Head of the Department […] The post NPA urges the public to
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