Fitch Solutions, an international rating agency, says a gradual improvement in investor sentiment and a US$600 million International Monetary Fund (IMF) disbursement will keep the exchange rate stable. In a report detailing interest rate and inflationary dynamics for 2024, the rating agency said it predicted that the disbursement and investor sentiments would keep the cedis […] The post IMF
James Klutse Avedzi The Public Accounts Committee (PAC) of Parliament has ordered the immediate arrest of the Northern Regional Director and Accountant of the National Sports Authority (NSA). The Read More... The post NSA Director Hot Over GH¢ 160k appeared first on
Last November, Ghana’s Ministry of Communications & Digitalisation announced with flourish that it has “facilitated” a “joint venture” between state-owned AT (formerly, AirtelTigo) and “Hannam Investments”, which will result in a transformation of the Ghanaian telecom operator into a world-class operator. The Ministry was at pains to educate Ghanaians about what a big catch Ian […] The post Bright
The Ministry of Sanitation and Water Resources is set to undertake a monitoring exercise aimed at assessing the quality of water sourced from boreholes across diverse communities. The ministry has expressed concern that many communities are dependent on boreholes, the water content of which has not been examined by the Water Resources Commission. This situation […] The post Sanitation
The Minister for Lands and Natural Resources, Samuel A. Jinapor, has urged African countries to make investment opportunities attractive for investors while insisting on the importance of value addition for the growth of their country’s mineral infrastructure. He stressed the need to move away from the “dig and ship” approach, highlighting two essential pillars to […] The post Make
The Public Accounts Committee (PAC) has criticized the Interior Ministry for inefficient monitoring of private security companies in the country. The 2022 Auditor General’s report reveals that more than 440 companies failed to renew their licenses, leading to a revenue loss of over GH¢800,000. The Chairman of PAC, James Klutse Avedzi, believes that the lives […] The post PAC
…Delving into the cross-border Fintech landscape In the ever-evolving landscape of financial technology, Onafriq is at the forefront, championing the vision of a borderless world for financial transactions. This ambitious goal aims to simplify cross-border payments, making them as effortless as local calls. In the heart of this revolution is Ghana, where Onafriq is implementing […] The post
Access Bank Ghana Plc has opened a new branch at the Bright International Industrial hub in Afienya, bringing banking services closer to customers in the industrial hub and its environs. This is in pursuance of the bank’s strategic objective of enhancing customer experience and satisfaction for the over-100 medium to large scale companies and Chinese-related […] The post Access
Fidelity Bank Ghana, the country’s largest privately-owned bank, concluded the festive season with a heartwarming display of generosity through its Employee Volunteering Programme (EVP). Under this programme, over 300 staff members engaged in impactful nationwide Corporate Social Responsibility (CSR) initiatives; combining time, financial resources and personal involvement to uplift lives of the less fortunate. In […] The post
The time was 6.30pm on Thursday January 25, 2024. Gathered in the Crystal Palace Suite at the London Hilton Hotel on Park Lane were a collection of key United Kingdom (UK) corporate leaders with roots in Ghana – including High Commissioner to the UK and Ireland, Papa Owusu-Ankomah, and Tullow Plc Chief Executive, Rahul Dhir. […] The post Energy sector
The Minister for Lands and Natural Resources, Hon. Samuel A. Jinapor, MP, has called on the investor community to partner with the Government to establish a large-scale mining operation in Dollar Power in the Bole District of the Savannah Region. He said available geological data shows that the Dollar Power enclave is highly mineralized, with […] The post Partner
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
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
The post Controller & Accountant General Dodges Public Accounts Committee Post Primary Loss appeared first on Citinewsroom - Comprehensive News in Ghana.
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
The MFR Certification Committee has awarded Bayport Ghana the GOLD level of achievement in terms of client protection. The GOLD level is the highest level of achievement and signifies that Bayport meets the most rigorous standards of Client Protection found in the Universal Standards for Social and Environmental Performance Management. MFR is a global rating […] The post Bayport
Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks on the VAT on electricity, the Ministry of Finance has said. The stakeholder dialogue, as stated by the Finance Ministry in its statement dated January 30, 2024, is aimed at ensuring stakeholder buy-in. Organised Labour has kicked against the […] The post VAT
Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks on the VAT on electricity, the Ministry of Finance has said. The stakeholder dialogue, as stated by the Finance Ministry in its statement dated January 30, 2024, is aimed at ensuring stakeholder buy-in. Organised Labour has kicked against the […] The post VAT
…The Relationship Manager “Get closer than ever to your customers. So close that you tell them what they need well before they realize it themselves.”….. Steve Jobbs Dear Readers, how did you find the extracts from my first article published more than ten years ago? Funny, but its real. Its interesting that the situation is still […] The post Risk
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