The Finance Minister, Dr Mohammed Amin Adam, has announced that Ghana is making significant progress towards achieving the targets outlined in the 3-year, US$3bn IMF Supported Post Covid-19 Programme for Economic Growth (PC-PEG). During his first monthly press briefing on the economy in 2024, held on Tuesday, Dr Amin Adam disclosed, “The Ministry of Finance […] The post $3bn
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has said that banking is a profitable business in Ghana. This explains the reasons why more investors want to move into the sector and inject their capital there, he said. Dr Addison said this while answering a question as to whether or not investors have […] The post Banking is a profitable business in Ghana – Governor Addison
Officials of the Electricity Company of Ghana in the Ashanti Region have commenced an exercise to inspect all distribution transformers in the Region. The exercise is to help the company know the current state of all transformers to enable it serve customers better. The exercise, which started across all twenty-one (21) districts in the Ashanti […] The post ECG officials
The National Labour Commission has directed aggrieved teachers to call off their strike and meet with government on their grievances within twenty-four hours. The Commission also directed government, led by the Minister of Education Dr Yaw Osei Adutwum to, within two months, distribute the teachers’ laptops to them. The National Labour Commission gave the directive […] The post Labour
Minister of Finance, Dr. Mohammed Amin Adam, has disclosed that Ghana’s agriculture sector expanded by 4.5 percent for the year 2023. The minister in the ‘2024 1st Monthly Press Briefing on the Economy’ added that the livestock, crops, and fishing subsectors also expanded by 6.5, 4.8, and 4.1 percent respectively. “Agriculture sector which expanded by […] The post Ghana’s
The Ministry of Finance has emphasized the progress of the cedi since 2023, asserting that the currency has exhibited stability against major currencies. Finance Minister Dr. Mohammed Amin Adam highlighted this achievement during the Ministry’s Monthly briefing in Accra on Tuesday, March 26, 2024. Dr. Adam pointed out that from February to December 2023, the […] The post Cedi
Nigeria international Alex Iwobi has labelled Ghana’s exit at the 2023 Africa Cup of Nations (AFCON) as shameful. The Black Stars despite high hopes of averting their previous dismal performance at the 2021 AFCON failed to impress once more. Ghana, despite entering the competition with high hopes of redemption following their lackluster performance in the […] The post Ghana’s AFCON exit was
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the Cedi was relatively stable in the first quarter of 2024 against the major trading currencies, especially the Dollar. He says they expect the stability to continue. Answering questions at the 117th Moneyray Policy Committee (MPC) press conference in Accra on Monday […] The post Cedis is relatively stable
As part of this year’s International Women’s Day celebrations, Stanbic Bank Ghana hosted a webinar focused on fostering a culture of inclusion in business operations. This initiative underscores the bank’s ongoing commitment to empowering women across the country.. Leading the discussion, the Head of Client Coverage at Stanbic Investment Management Services (SIMS), Desmond Bredu, highlighted […] The post
Societe Generale Ghana has launched a new promo dubbed ‘Ya Te So Biom’ Loans Promo. The offer, open to all Societe Generale customers and non-customers on the Controller and Accountant General’s Department (CAGD) payroll, provides loans at competitively low annual interest rates. Societe Generale Ghana in 2023 launched the very successful Yateso Loan promo which […] The post Societe
The National Food Suppliers Association of Ghana (NAFSAG) has announced its intention to picket at the premises of the Ministry of Education if the outstanding debts owed to its members are not settled within the next 14 days. In a statement released on March 26, NAFSAG expressed concern over the unfair distribution of funds to […] The post Food suppliers
Today, in Tano North Municipal Assembly in the Ahafo Region, the government has once again showcased its commitment to fire safety by inaugurating a new Fire Service Academy and Read More... The post Govt Inaugurates Second Fire Service Academy appeared first
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has said that Nigeria is currently saddled with a crisis related to the challenges posed by its currency, the Naira. He said this is similar to what Ghana went through in 2022 when inflation kept rising, coupled with the rapid depreciation of the Cedi. Reuters […] The post Naira woes: Nigeria going through
In a landmark visit highlighting its commitment to knowledge sharing and industry collaboration, Fidelity Bank Ghana, the nation’s largest privately owned bank, welcomed a delegation of 35 students and faculty from Columbia Business School, a world-renowned institution for business education. The visit, held at Fidelity Bank’s head office at Ridge Towers in Accra, served as […] The post
As part of efforts to help solve sanitation issues at Ejisu RC School, the Antwi Mensah and Family Foundation has commissioned a 15-seater toilet facility for the Junior High School, Primary and the KG including washrooms. The facility comprises a common shower for the kindergarten as well as changing rooms for both male and female […] The post Antwi
Supporters of Senegal’s presidential candidate, Bassirou Diomaye Faye, have taken to the streets of the capital, Dakar, in celebration as early results from Sunday’s vote showed the opposition contender in the lead. The celebrations came as at least five of the 19 candidates in the race issued statements congratulating Faye on what they called his […] The post Senegal’s
Dext Technology Limited, a prominent education technology company in Ghana, has signed a memorandum of understanding with the University of Education, Winneba to enhance trainee teachers’ access to practical STEM tools. Through this partnership, Dext Technology Limited and the University will collaborate to explore various opportunities, including direct supply of STEM tools to the Department […] The post UEW
Prudential Bank Ltd (PBL), a leading indigenous bank, has held its maiden women empowerment seminar on the theme “Empowering Women for Sustainable Business Growth”. The event, held in Accra, was targeted at the female employees of the bank in line with principle four of the Ghana Sustainable Banking Principles (GSBPS) of the Bank of Ghana, … The post Prudential Bank holds
The government has committed to fast-track the completion of Ghana’s sea defence projects following a two-day tour by the Minister for Works and Housing Kojo Oppong-Nkrumah. Most of the projects commenced in 2018 are near completion but slowed down owing to financial constraints. The slowdown reversed some of the progress made on the projects and […] The post Govt to
The Volta River Authority (VRA) has told the Chief Executive Officer of the Independent Power Generators, Ghana (IPGG) Dr Elikplim Kwabla Apetorgbor to stop misleading the public regarding his comments that the VRA’s export activities are affecting the supply of energy to the Ghana market. The VRA indicated that Dr Kwabla Apetorgbor’s claim was erroneous […] The post Power
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