The Bank of Ghana (BoG) is prepared to continue the necessary structural reforms to revive the country’s shaky economy. It emphasizes the importance of vigilance and commitment in realigning the country’s economic situation. Following the approval of the second $600 million tranche from the International Monetary Fund (IMF), Dr. Ernest Addison, Governor of the Bank […] The post We’ll
The Ghana Railway Development Authority has disclosed that only two contemporary diesel-powered trains have been procured from Poland to boost the railway transport system, contrary to media reports that 12 trains have been secured. There were reports that the state has procured 12 trains for the Ghana Railways Company, expected to operate both regional and […] The post We’ve
…marks International Day of Education As the world commemorates the sixth International Day of Education on January 24, 2024, Fidelity Bank Ghana, the largest privately-owned bank in the country, proudly takes a leading role in advocating for the theme ‘Learning for Lasting Peace’, designated by the United Nations. This significant day serves as a poignant […] The post Fidelity
Mansa Nettey Standard Chartered Bank Ghana PLC has announced the opening of applications for Cohort 4 of the Standard Chartered Women in Technology (SCWIT) Incubator Programme. According to the Read More... The post Stanchart Opens Applications For SCWIT Cohort
The awardees Fidelity Bank, Ghana’s largest privately-owned bank, shone with four of its employees at the Ghana Association of Bankers Awards recently receiving noteworthy awards. Amongst the awardees was Read More... The post Bankers Honour Fidelity Enployees appeared first on
The World Bank today, January 23, 2024 approved a $300 million Development Policy Operation for Ghana. The First Resilient Recovery Development Policy Financing is a critical contribution by the Bank’s International Development Association (IDA) to help Ghana’s economic recovery and support the country’s resilient and inclusive growth. “The Government of Ghana remains committed to restoring […] The post World
The Ashanti regional chapter of the opposition National Democratic Congress (NDC) has strongly criticized the government, accusing it of neglecting the Ashanti region and sidelining it in terms of development. The party specifically points fingers at President Nana Addo Dankwa Akufo-Addo for what they perceive as a deliberate lack of attention and resources directed toward […] The post Akufo-Addo
Consolidated Bank Ghana LTD (CBG) as part of its fifth-year milestone has held a ‘CBG Meet the Press’ session with editors in Accra to celebrate the impact of the Bank over the years and strengthen ties with the media as is done every year by the Bank. The event brought together distinguished editors from selected […] The post Consolidated Bank Ghana Ltd strengthens
Absa Bank Ghana has been recognised for its outstanding support to the agricultural sector by the Ghana Incentive-Based Risk-Sharing System for Agricultural Lending (GIRSAL). Absa Bank was adjudged the overall winner of the GIRSAL Partner Financial Institution Excellence Awards 2023 in four categories; Highest Total Number of GIRSAL Guaranteed Agricultural Credit; Highest Total Value of […] The post Absa
President of IMANI Africa, Franklin Cudjoe, is seeking further clarification on the government’s recent decision to procure new trains for Ghana. This inquiry comes in the wake of government’s announcement of purchasing 12 modern diesel-powered trains scheduled to arrive in mid-February, to enhance the country’s railway transportation system. The intended deployment of these trains is […] The post Franklin
Fidelity Bank, Ghana’s largest privately-owned bank, has emerged as a beacon of excellence with four of its key employees receiving noteworthy awards at the Ghana Association of Bankers Awards ceremony. Their dedication, talent and leadership shone brightly, underscoring Fidelity Bank’s commitment to leadership, innovation and customer protection, even amid recent industry turbulence. Among the luminaries […] The post
The World Bank Group yesterday, in principle, welcomed the agreement on key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework. This agreement, which is consistent with the Joint WB-IMF Debt Sustainability Framework, represents a critical milestone toward restoring debt sustainability in the country. “This […] The post
Bank of Ghana Governor Dr. Ernest Addison has reassured the public that the launch of the much-anticipated e-Cedi, the country’s digital currency, will take place before the end of 2026. The Governor acknowledged progress made in the f the e-Cedi’s development, but attributed the delay in its launch to economic dislocation caused by the events […] The post BoG
Development Bank Ghana (DBG) has partnered with its Participating Financial Institutions (PFIs) to disburse GHS 623 million into the private sector. This capital injection has contributed to the creation of jobs, expansion of businesses, increased revenue, and generation of foreign exchange. DBG’s key highlights in 2023 are captured in a year-end wrapped video on its […] The post
Representatives of Fidelity Bank and GIRSAL Fidelity Bank Ghana has received two prestigious awards from the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL) for its contributions Read More... The post Fidelity Bank Receives GIRSAL Awards appeared
The World Bank Group has welcomed the agreement in principle on the key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework. This agreement, which is consistent with the Joint WB-IMF Debt Sustainability Framework, represents a critical milestone toward restoring debt sustainability in this country. […] The post World
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has been recognised for its outstanding contributions to agricultural lending in Ghana – receiving two prestigious awards from the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL). The bank was named the Most Responsive Partner Financial Institution of the Year and earned the Highest Staff […] The post
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has been recognized for its outstanding contributions to agricultural lending in Ghana, receiving two prestigious awards from the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL). The bank was named the Most Responsive Partner Financial Institution of the Year and earned the Highest Staff Participation […] The post Fidelity
Founder of the New Force Movement and Ghanaian Entrepreneur Nana Kwame Bediako, popularly known as Cheddar or Freedom Jacob Caesar, has disclosed his rejection to secure loans from some financial institutions in the country. He decried several Ghanaian banks that turned down his request to grant him loans to facilitate his projects and his array […] The post Ghanaian
The World Bank Deputy Chief Economist, Ayhan Kose, has said the global economy has been remarkably resilient, especially in the last year. Growth last year, he said, surprised on the upside, thanks to the US economy, the strength of the US economy. But, he further noted, some large emerging markets like India, Indonesia, Brazil, Mexico, […] The post There is global economic resilience
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