Absa Bank has introduced its Supplier Finance Programme, an innovative solution designed to revolutionize corporate supply chains in Ghana. This initiative aligns with Absa Bank’s dedication to providing comprehensive financial services that cater to the ever-changing demands of its corporate customers. In a business environment where the effective management of cash flow is pivotal to […] The post Absa
Four law enforcement officers have been fatally shot and four others were wounded while serving an arrest warrant in Charlotte, North Carolina. A suspected attacker was found dead in the front yard of a barricaded home after a standoff that lasted three hours, police said. Two other persons of interest were taken into questioning, authorities […] The post Charlotte
Dr. Opoku-Afari The Bank of Ghana (BoG) has praised the invaluable contribution of the National Banking College (NBC) to the training of human resources in the financial sector. The Read More... The post BoG
Ghana’s fastest-growing bank, OmniBSIC Bank Plc, has opened 2024 positively by delivering strong results in the first quarter which is a strong indication of superior returns to shareholders and higher value for businesses this year. The bank’s profit soared by more than 58 per cent to GH¢82.58 million in March while liquidity and the balance […] The post OmniBSIC
The World Bank has recently released its April 2024 Commodity Outlook Report, which predicts a substantial drop in global food prices in 2024, with a projected 6 per cent decrease, followed by an additional 4 per cent decline in 2025. This decrease is mainly attributed to lower prices for grains, oils, and meals, while other […] The post World Bank predicts
Akua Music, the acclaimed singer-songwriter known for her soulful melodies and emotive lyrics, has just released the highly anticipated music video for her latest single, ‘Miss You Bad.’ The post Akua Music shares video for ‘Miss You Bad’ first appeared on 3News.
Social media users have criticized and backlashed a Nigerian pastor who falsely prophesied that the world will come to an end on April 25. The post Internet users slam Pastor for ‘fake’ prophesy about end of the world on April 25 first appeared on 3News.
The Ashanti regional minister Simon Osei Mensah has threatened to sue the Electricity Company of Ghana Limited (ECG) management in the Ashanti region over what he described as false publication against him. He also accused the Ashanti regional branch of the Electricity Company of Ghana (ECG) of acting without wisdom by threatening to withdraw their […] The post Ashanti
Professor Jane Naana Opoku Agyemang, running mate to National Democratic Congress (NDC) flag bearer John Mahama, announced plans to create women entrepreneurs and millionaires through the strategic establishment of a Women Development Bank. “We will actively pursue the establishment of a Women Development Bank to nurture and grow women-owned, women-led businesses,” Opoku Agyemang stated. “Women […] The post NDC
Businessman Prince Kofi Amoaben has expressed his confidence in former President John Dramani Mahama as the ideal leader to steer Ghana toward economic development and prosperity. Amoaben, the co-founder of the defunct UT Bank, averred the potential benefits of Mahama’s experience as a returning leader during his remarks at a fundraising dinner hosted by the […] The post Kofi
The Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchill, has emphasized the importance of the domestic capital market as a viable and sustainable source of funding for businesses. Mr. Bentsi-Enchill said this at the issuance of Letshego’s newly established and expanded GHS 500 million bond programme at the Ghana Stock Exchange. Speaking on […] The post Domestic
A request filed by political activist, Oliver Barker-Vormawor to the High Court for the GHc10 million defamation suit filed against him by the National Security Minister to be struck out has been dismissed. The High Court presided over by Justice Rev Joseph Owusu-Adu Agyemang held that the application lacks merit. The court also awarded a […] The post Kan Dapaah’s defamation
The Ashanti regional Senior and Junior Staff Unions of the Electricity Company of Ghana (ECG) have threatened to demonstrate against the Ashanti regional minister, Mr Simon Osei-Mensah, over the arrest of the General Manager of ECG Ashanti East, Ing. Mark Wiafe. The minister ordered the arrest, following the disconnection of power supply to the Kumasi […] The post ECG staff threaten demo against A/R
Source: GNA Mrs. Ursula Owusu-Ekuful, Minister for Communications and Digitalisation, has cautioned members of the public to desist from dealing in pre-registered SIM cards since it is illegal and an offence liable for prosecution. She explained that “Dealing in this context comprises the individual, who sells the pre-registered SIM as well as the buyer or […]
The mother of the young victims of Funny Face’s accident has extended words of solace and advice to the distraught entertainer. Expressing empathy for Funny Face’s emotional turmoil, the woman Read More... The post Mother
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […] The post Stanbic
Stanbic Bank Ghana, a subsidiary of the Standard Bank Group, has signed a Memorandum of Understanding (MOU) with the Ghana Medical Association (GMA) aimed at offering tailor-made financial solutions to members of the GMA. Speaking at the MOU signing ceremony at Stanbic Heights in Accra, Kwamina Asomaning, Chief Executive of Stanbic Bank said health is […] The post
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
The Ministry of Finance and the Bank of Ghana have shown a steadfast commitment to a set of policies right from the beginning of the implementation of the $3 billion programme with the International Monetary Fund (IMF) under very difficult circumstances, Governor of the central bank, Dr Ernest Addison has said. He stated that they […] The post $3bn deal: We are beginning
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has expressed optimism that the successful second review of the programme with the International Monetary Fund (IMF) will lead to the release of the 3rd tranche. The country had already received two tranches, $600million each. The release of the third tranche would increase the total […] The post IMF deal:
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