The African Guarantee Fund (AGF) and United Bank for Africa (UBA), on Monday, signed a partnership that ensures that UBA provides US$100million in new loans to small and medium enterprises (SME) and businessowners across the 20 African countries where the bank has presence in Africa. The AGF, under this agreement, will support and guarantee SMEs with US$50million Portfolio […] The post
FBNBank Ghana has hosted a special International Women’s Day event to celebrate and empower women, reaffirm its mission to champion gender equality, and eliminate the biases that undermine the progress of women. This event was undertaken by the bank as part of its celebration of this year’s International Women’s Day (IWD 2024) under the theme […] The post FBNBank
The Ghana Airports Company Limited (GACL) has suspended its proposed $20 round-trip passenger fee following parliamentary scrutiny. Parliament, on Wednesday, March 13th summoned the Minister of Transport, Kwaku Ofori Asiamah, to address concerns regarding the fee’s legality. This action stemmed from objections raised by the Minority Caucus, who argued that the GACL lacked the authority […] The post GACL
FBNBank has once again reiterated its unwavering dedication to the youth at the launch of the Ubuntu Equip Programme, which was held at the British Council last Friday. The event marked the beginning of an initiative aimed at empowering young individuals with the tools, resources and skills needed to succeed in today’s dynamic world. The […] The post FBNBank’s
Bryan Acheampong APPLICATIONS have been opened for interested Ghanaian farmers to apply for enrolment into the second phase of government’s flagship programme, Planting for Food and Jobs (PFJ2.0), the Read More... The post Agric Ministry Opens PFJ2.0 Application appeared
OmniBSIC Bank marked another milestone with the successful conclusion of its 4th edition Health Walk, on Saturday, March 2, 2024, fostering a spirited atmosphere of community engagement and well-being in the process. The event brought together a diverse group, exceeding previous participation with staff, customers, vendors, and esteemed guests including the bank’s full Board of […] The post
The Ministry of Health (MoH) is set to meet with the Ministry of Finance (MoF) on Monday, March 10, to expedite the clearance and recruitment process for unemployed nurses. This decision comes in response to the dissatisfaction expressed by the Coalition of Nurses and Midwives in the Northern Region, particularly directed at the government, MoH, […] The post MoH
The Ministry of Education has vehemently denied claims of spending GH¢68.5 million on photocopying past questions for candidates of the West African Senior School Certificate Examinations (WASSCE). The Ministry of Education allegedly incurred a cost of GH¢33.6 million in 2020 and over GH¢34 million in 2021 for this purpose, both through single-source procurement. The Minister […] The post WASSCE:
The Africa Education Watch (Eduwatch) has called on the Minister of Finance, Mohammed Amin Adam, to release outstanding funds for procuring desks under the 2023 Ghana Education Trust Fund (GETFund) formula. It has also urged the Ministry of Education to increase allocations for desks to basic schools to at least GH¢60 million in the 2024 […] The post Release
By Elizabeth PUNSU, Kumasi The Amenfiman Rural Bank PLC at Wasa Akropong in the Wasa Amenfi East District in the Western Region has inaugurated its branch in Adum, the heart of business and trade, at the central business district of Kumasi. This adds to the already existing three branches since its penetration into the Ashanti […] The post Amenfiman Rural Bank opens Adum
A scene During the meeting The Minister of Food and Agriculture, Dr. Bryan Acheampong, has visited the National Petroleum Authority (NPA) to understudy the operations at the Command Centre Read More... The post Agric Minister Understudies NPA’s Operations appeared
The Ministry of Tourism, Arts, and Culture, along with the Ghana Tourism Authority, has inaugurated the 2024 edition of the annual Kwahu Easter Paragliding Festival at the Kwahu Abene Palace. The festival, scheduled from March 29th (Easter Friday) to April 1st (Easter Monday), is expected to attract thousands of tourists to Ghana. This year’s celebration […] The post Tourism
We hereby bring to the notice of the general public, a publication of the list of persons having accounts with Absa Bank Ghana LTD that have not been operated for a minimum of five (5) years and are classified as dormant, in accordance with the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930). The […] The post Absa Unclaimed and Dormant Account 2024
The Ministry of Lands and Natural Resources has stated that it has commenced a probe into the clash between some residents of Manso Tontokrom and security personnel of Asanko Gold Mine Limited, in collaboration with the appropriate security authorities. An altercation between residents of Manso Tontokrom and Asanko Gold Mine security personnel on Saturday, March […] The post Perpetrators
The Director of Business Operations at Dalex Finance, Joe Jackson, has emphasized the pivotal choice facing Ghana regarding foreign aid and the potential economic consequences linked to the enactment of the Anti-Gay Bill. In light of the Ministry of Finance’s appeal to President Nana Addo Dankwa Akufo-Addo to withhold assent to the recently passed anti-LGBTQ […] The post Anti-Gay
Mr Dominic Nitiwul, Ghana’s Minister for Defence, has urged leaders in the ECOWAS sub-region to respect term limits for all Presidents to ensure the survival of democracy. He said events within the ECOWAS sub-region over the last four years showed that governance issues were put on the front burner. The Minister for Defence, speaking during […] The post Respect
Togbe Afede XIV, the Agbogbomefia of the Asogli State, has strongly criticised the recent decision by the Bank of Ghana (BOG) to reduce the policy rate from 30% to 29%, describing it as nothing more than a “big joke.” The BOG’s Monetary Policy Committee (MPC) announced this cut on January 29, 2024, with Togbe Afede […] The post BoG’s 1% policy rate cut
By Effie AMISSAH The banking industry underpins the financial services industry in the country. Regulated by the Bank of Ghana, the industry provides an avenue where cash, credit and other financial transactions for both individuals and businesses are accessed. According to the 2023 Price Water House Coopers Banking Survey Report, the banking industry contributed GHC16.21 […] The post The
The government paid a total of GH¢300,385,317.52 as judgement debt between 2017 and 2022. The Ministry of Finance made this known in an updated information on judgement debt payment dated August 2023. The Ministry revealed that the payments were made to over 60 individuals and organisations. For instance, in 2017, Albert Osei was paid GH¢279,412.83; […] The post Over
The Majority Leader and MP for Effutu, Alexander Afenyo-Markin, has voiced his apprehensions about Members of Parliament assuming ministerial positions. Criticism has been directed at MPs who also serve as Ministers, with stakeholders accusing them of neglecting their parliamentary oversight responsibilities to the disadvantage of their constituents once they become ministers. Afenyo-Markin recognized the significant […] The post I
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