Fidelity Bank Ghana LTD has responded to claims that it sold dollars to the Electricity Company of Ghana (ECG) at rates different from the ones announced by the Bank of Ghana. The company in a statement insisted that the allegation “is false and misleading, and we have not had any FX deal with ECG at […] The post Fidelity Bank Ghana responds to allegations of
Fidelity Bank CEO, Julian Opuni Fidelity Bank Ghana has responded to recent allegations made by Bright Simons regarding some purported ‘sweetheart’ exchange rate deals with the Electricity Company of Read More... The post Fidelity Bank Reacts To
A devastating fire has engulfed the luxurious residence of Highlife legend Kojo Antwi, located in Hong Kong near Kwashieman in the Ablekuma North Constituency of the Greater Accra Region. The origin of the fire, which commenced on a Sunday evening, remains unknown but it is reported to have started in a corridor close to the […] The post Fire guts Kojo Antwi’s ‘luxurious’
Officials in a group photograph ACCESS BANK and Deloitte Ghana have positively impacted over 170,000 Small and Medium Enterprises (SMEs) through the ‘business interaction series’. The aim of the Read More... The post Access Bank, Deloitte Ghana Build SMEs
Fidelity Bank Officials commissioning the bore hole Fidelity Bank Ghana has constructed a mechanised borehole for the Police Public Safety Training School (PPSTS) at Pwalugu in the Upper East Read More... The post Fidelity Bank Constructs Borehole For PPSTS appeared
President Akufo-Addo Ghana is likely to lose US$3.8 billion in World Bank financing over the next five to six years if the Human Sexual Rights and Family Values Bill Read More... The post Anti-Gay Bill… Ghana To Lose $3.8bn World Bank Funds appeared
FBNBank Ghana says it is working with the Bank of Ghana to identify and address issues that led to the suspension of its forex trading license by the apex bank. The Bank of Ghana announced on Monday the suspension of the Foreign Exchange Trading Licenses of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana […] The post We’re working with
Guaranty Trust Bank Ghana has assured its customers and stakeholders of its commitment to resolving the Central Bank’s recent suspension of its Foreign Exchange Trading License. The suspension is effective from March 18, 2024, until April 18, 2024. In a statement issued on March 4, the Bank emphasized its ongoing collaboration with relevant Government Agencies […] The post We’re
Construction of a large-scale apparel manufacturing facility has commenced in Savelugu in the Northern Region to create over 1,600 jobs for women and youth in Northern Ghana. Students from the Savelugu School for the Deaf will be among the vulnerable to benefit from jobs to be created by the company. The project is spearheaded by […] The post German
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has successfully constructed a mechanized borehole for the Police Public Safety Training School (PPSTS) at Pwalugu in the Upper East Region, providing a sustainable and reliable source of clean water for the officers and the entire community. For more than a decade, the PPSTS has grappled with […] The post Fidelity
Management of the Ghana Export–Import Bank (GEXIM) has announced it will be hosting “Freedom Market” on Tuesday, March 5, 2024. The “Freedom Market” is a prelude to the 67th National Independence Day celebration next week in the Eastern Region under the theme “Our Democracy, Our Pride”. “Freedom Market”, a special edition of the Bank’s popular […] The post GEXIM
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
Women at the food market The latest Food Security Update by the World Bank has revealed that about 1.96 million Ghanaians are facing acute food and nutrition insecurity. This Read More... The post 1.96m Ghanaians Face Food, Nutrition Insecurity
The Government has plans to set up a FinTech Innovation Fund to support Start-ups to drive Ghana’s digital revolution. Vice President Mahamudu Bawumia announced this in Accra on Monday during the official press launch of the maiden 3i Africa Summit. The three-day summit, to be held in Accra, is scheduled for May 13-15, 2024, on […] The post Government to introduce
Standard Chartered Bank Ghana PLC has held a STEM (Science, Technology, Engineering and Mathematics) hackathon in commemoration of International Day of Women and Girls in Science. The hackathon held at Accra High School was under the global theme for this year’s celebration “Women and Girls in Science Leadership, a New Era for Sustainability”, and designed […] The post Standard
Ernest Yawo with the prize Vodafone Ghana’s, “Live Your Life” Promo has rewarded two customers, Ernest Atse Yawo and Michael Archer. The two, won grand prizes of GH¢100,000 and Read More... The post 2 Win Vodafone’s ‘Live Your Life’ Promo appeared first on
By Emmanuel AKOMEA Access Bank Ghana PLC has signed a partnership agreement with Mac Autos & Spare Parts Ghana Limited to enhance vehicle ownership in the country. Mac Autos & Spare Parts Ghana Limited, including its subsidiary, MG Auto Trading Ghana Limited, is a leading automobile dealership, selling a wide range of leading brands. As part of […] The post
The value of loans granted by financial institutions fell by 54.9 % in the last quarter of 2023. The total amount of secured loans registered by banks and Specialized Deposit-Taking Institutions (SDIs) stood at almost GH¢5.9 billion compared to the GH¢13.2 billion in the same period of 2022. This huge decline of GH¢7 billion in […] The post Total value of secured loans
Raman Malhotra (L) and Kafui Bimpe (R) exchanging the signed document Access Bank Ghana has entered into an agreement with Mac Autos & Spare Parts Ghana Ltd and MG Read More... The post Access Bank, Mac Autos Partner To Increase Vehicle
Dr. Ernest Addison (M) with the delegation An eight-member delegation from the Stellar Development Foundation (SDF), last Thursday paid a courtesy call on the Governor of the Bank of Read More... The post BoG, SDF Hold Talks On Creative Industry Financing
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