Mine workers of the Future Global Resources Bogoso-Prestea Mines want the Minerals Commission to revoke the license of the company. The workers say the mine has not seen any investment since Future Global Resources took over in 2020. General Secretary of the Senior Staff Union of FGR Bogoso-Prestea Mines, Samuel Kumi Manu, in an interview, […] The post FGR
At the dawn of 2024, from January 1, five more countries became full members of the BRICS, a transnational association, which until then consisted of Brazil, Russia, India, China and South Africa, and thus became BRICS+ (BRICS Plus), totaling ten countries. Egypt which is located in northeast Africa and partly on the Sinai Peninsula, which […] The post BRICS+: an impressive enlargement
The Consolidated Bank Ghana LTD (CBG) has been recognized by the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL), through its Partner Excellence Awards, with the Highest GIRSAL guaranteed Credit of the Year. The award presented by the CEO of GIRSAL, Mr. Kwesi Korboe to the Managing Director of the Bank was to […] The post CBG
The world was greeted with thunderbolt of shock when on Sunday January 28, 2024 three member states of the Economic Community of West African States (ECOWAS) pulled out of the sub-regional body. They are Burkina Faso, Mali and Niger, all Sahelian states in the block. A number of factors, ranging from trans-border trade to security […] The post Burkina, Mali, Niger exit –slap in the face of
Rotational Nurses and Midwifery Association has given the Ministry of Health a two-week ultimatum to release their financial clearance for payment, or else its members will lay down their tools. The Association has been lamenting over unpaid allowances totalling over GHc12,000 for the July batch of Rotational Nurses and Midwives. In a statement, the leadership […] The post Rotational
Bank of Ghana Governor Dr. Ernest Addison has said there is no better time than now for Africa to revisit the issue of scaling-up interoperability, in a bid to deepen financial inclusion and intra-Africa trade. He said the high prevalence of mobile devices, mobile money penetration and increased Internet connectivity offer an opportune window to […] The post
The Ghana Integrated Aluminium Development Corporation (GIADEC) has reached a partnership deal with Mytilineos Energy and Metals toward building an alumina refinery in the country. The agreement pertains to Project 3A, one of four projects under the Integrated Aluminium Industry (IAI) projects at Nyinahin-Mpasaaso in the Ashanti Region. Under terms of the agreement, Mytilineos – a Greek company – will spearhead the development of a […] The post
Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
An Analyst with the Economic Community of West African States (ECOWAS) and African Continental Free Trade Area (AfCFTA), Emmanuel K. Bensa, has described the exit of Burkina Faso, Mali, and Niger from the ECOWAS as an unwise decision. According to him, this is not the right time for these countries to depart from the organization […] The post Burkina-Mali-Niger
…the facts SML discussions ignore Until mid-December last year, Strategic Mobilisation Ghana Limited (SML) was like any ordinary business in the country – judiciously deploying its skills and talents in the concerted effort of nation building. Except for a few publications, mostly on its numerous corporate social responsibility (CSR) activities, the indigenous business quietly worked […] The post
Kwamina Asomaning delivering the keynote address at the graduation ceremony Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, has called on young graduates to embrace the journey of discovery Read More... The post Embrace Journey Of Discovery
Dr. Ernest Addison The Monetary Policy Committee (MPC), of the Bank of Ghana has dropped its lending rate from 30% to 29% following a decline in inflation. The Governor Read More... The post Policy Rate Drops To 29% appeared first on DailyGuide N
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UBA Ghana reaffirms its unwavering commitment to excellence in customer service for the year 2024 and beyond, positioning itself as a leader in the banking and financial service industry. Deputy Managing Director at UBA Ghana, Uzoechina Molokwu emphasized the bank’s dedication to prioritizing customer satisfaction and delivering outstanding banking solutions and services. Customer-centricity and product […] The post UBA
Over the years, deliberate efforts have been made by experts to navigate the waves of transformation in the banking industry to facilitate the identification of emerging trends; improve understanding and appreciation of these trends to advance service delivery and corporate performance; and enhance competitiveness and accelerated growth of the banking industry; while contributing meaningfully to […] The post
Ghana’s economic tapestry is rich yet challenged, marked by intricate financial dealings and the need for strategic manoeuvering. One such example is the GRA-SML deal, reflecting the complexities Ghana faces. Amid these economic intricacies, entrepreneurship education emerges as a beacon of hope, offering more than just employment opportunities, but a pathway to holistic economic rejuvenation. […] The post
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