Development Bank Ghana (DBG) has partnered with its Participating Financial Institutions (PFIs) to disburse GHS 623 million into the private sector. This capital injection has contributed to the creation of jobs, expansion of businesses, increased revenue, and generation of foreign exchange. DBG’s key highlights in 2023 are captured in a year-end wrapped video on its […] The post
The Ministry of Transport has asked the public to disregard the purported increase in transport fares by the Commercial Transport Operators of Ghana and the Ghana Private Road and Transport Union (GPRTU). In a statement issued on Wednesday, January 17, the Ministry said, “There has not been any negotiation with the transport operators for a […] The post Disregard
The Ministry of Transport has asked the public to disregard the purported 30 percent increase in transport fares by the Commercial Transport Operators of Ghana from January 22. In a statement issued on Wednesday, January 17, it said, “There has not been any negotiation with the transport operators for a review of the transport fares. […] The post Disregard
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has been recognised for its outstanding contributions to agricultural lending in Ghana – receiving two prestigious awards from the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL). The bank was named the Most Responsive Partner Financial Institution of the Year and earned the Highest Staff […] The post
Ecobank, the leading pan-African financial services group, unveils its new brand campaign ‘A Better Way | A Better Africa’, at the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 (AFCON). Ecobank is a proud official sponsor of the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 and is leveraging the unifying, exhilarating and […] The post Ecobank
…as it marks 40th anniversary The Brakwa-Breman Rural Bank PLC, located in Brakwa in the Asikuma-Odoben-Brakwa District of the Central Region, has indicated its readiness to intensify adoption and integration of modern technologies, in a bid to deliver innovative financial services to customers. According to the Board Chairman of the bank, Alexander Koomson, Brakwa-Breman Rural Bank […] The post
Some Ghanaian students who were evacuated from Sudan by the government have petitioned Parliament to support their request for integration into tertiary institutions in the country. The Ministry of Foreign Affairs and Regional Integration evacuated 82 Ghanaian students from Sudan in May 2023 following a deadly conflict in the country that resulted in casualties. Forty-seven […] The post Evacuated
The Judicial Service of Ghana has refuted claims of selling the government’s property previously occupied by Supreme Court judge, Justice Samuel Marful-Sau. There were reports that the Judicial Service of Ghana had allegedly engaged in the sale of the residence occupied by Justice Marful-Sau of blessed memory at Roman Ridge. In a statement issued on […] The post Claims
A leading tourism company has embarked on a groundbreaking journey to revolutionise tourism and elevate service delivery with the launch of Adansi Travel House – a pioneering one-stop destination catering to all travel needs, both inbound and outbound. Situated prominently on the La-Bawaleshie Road, East Legon, Adansi House is now home to a constellation of […] The post Adansi
The Judicial Service of Ghana has explained circumstances under which it entered into an agreement with the Ministry of Works and Housing to redevelop state lands allocated to it. According to the Service, the release of land to the Ministry was done according to due process. “Following a series of meetings between representatives of Government, […] The post Judicial Service wades into
The Minister for Communications and Digitalisation (MoCD), Ursula Owusu-Ekuful, has officially launched the National Communications Authority (NCA) FiveYear Strategic Plan (2024-2028) at the NCA Tower on Tuesday, 16th January, 2024. The development of the Authority's Five-Year Strategic Plan is in accordance with Section 3(b) of the NCA Act, 2008 (Act 769) and is aimed at setting […] The post NCA outdoors five-year
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Access Bank Plc has announced the completion of its acquisition of African Banking Corporation Zambia Limited, trading as Atlas Mara Zambia (Atlas Mara), after obtaining all requisite regulatory approvals. Atlas Mara is now a wholly-owned subsidiary of Access Bank Zambia. Following this regulatory milestone, the two banks will continue to operate separately until all integration […] The post
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First National Bank has announced the launch of a special campaign to reward customers ahead of the Total Energies CAF Africa Cup of Nations Cote d’Ivoire 2023 tournament. The bank is proud to unite with football enthusiasts in celebrating the spirit of sportsmanship, and encourages fans to support the national team from now till February […] The post
…safeguards financial system integrity Old Mutual Ghana, a leading insurance company, has paid a courtesy call on Ghana’s Financial Intelligence Centre (FIC) to reinforce their commitment to ensuring the integrity of Ghana’s financial system. The visit’s purpose was, among other things, to address key issues regarding Old Mutual’s collaboration with the FIC and shed light […] The post
Fiscal space, in its simplest form, is the capacity of governments to adjust their revenue and expenditure policies to overcome economic shocks and foster growth. It is a precarious balance between short-term responsiveness and long-term prudence. It is essential to realise that fiscal space is not an abstract concept. It is tangible and can be created through […] The post
The government has announced that it has reached an agreement with its Official Creditors in restoring debt sustainability in line with the International Monetary Fund (IMF) programme targets. The government is seeking to secure the 2nd tranche of the IMF bailout after securing the 1st tranche in 2023. The government embarked on a Domestic Debt […] The post IMF
Over the last 15 years, one of the major developments that has revolutionized and disrupted the entire financial sector in Ghana is the emergence of Mobile Money Services (MoMo). Though MTN launched its Mobile Financial Services (MFS) in 2009, many Ghanaians were yet to warm up to it as a safe mode of payment in […] The post Navigating
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