Staff of the Universal Merchant Bank (UMB) has donated medical equipment to the Madina Polyclinic. It included beds for adults and children, medical equipment consumables, and drugs of various Read More... The post #UMBCares Brings Cheer To Madina Polyclinic appeared
It was interesting to hear Bank of Ghana (BOG) officials pat themselves on the back because year-on-year inflation had dropped to 26.4% in November 2023, from 35.2% in October 2023 and 54.1% in December 2022. This trend should have been expected, I thought, because of the massive price increases and exchange rate depreciation that were […] The post Togbe Afede XIV writes –
The Paramount Chief of Asogli, Togbe Afede XIV, in an op-ed, has bemoaned the implementation of economic policies that he described as predatory, designed to rip off the masses and benefit a few privileged individuals in society. Togbe Afede XIV also complained about what he said is the dishonesty, recklessness, and arrogance of our political […] The post We’ve
Ghana, according to the paramount chief of Asogli, Togbe Afede XIV, would have filed for bankruptcy if it were a company. The Paramount Chief, in an opinion piece titled ‘Bank of Ghana has failed us,’ complained about the economic and fiscal failures of the country, which he attributed to poor and ill-crafted policies. Togbe Afede […] The post Ghana
Trade and Industry Minister, KT Hammond, has described as troubling the decision of cement producers and importers to increase prices. The Adansi Asokwa MP says the development is a “conspiracy of a cabal of cement producers and importers,” which should be condemned. According to him, the government has provided the necessary enabling environment for cement […] The post KT
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The payment system in Africa appears to be advancing, with Nigeria leading the mobile banking app chart with 70%, and Ghana trailing with 53%, according to the 2023 West Africa Banking Industry Customer Experience Survey by KPMG. The research highlights diverse value-seeking behaviours across customer segments. The research is KPMG West Africa’s inaugural combined customer […] The post Nigeria
The Chartered Institute of Logistics and Transport (CILT) International, the world’s leading professional body for logistics and transport, has appointed a Ghanaian, Chief Teete Owusu-Nortey FCILT, as its new international President. This historic moment marks a significant milestone for the organization, welcoming its first-ever African president since its founding in 1919. Chief Teete brings a […] The post Ghanaian,
Belgium assumes the presidency of the EU Council on January 1. It aims to carry out an ambitious agenda before Europe and Belgium switch to election campaign mode later in the year. Asked what makes Belgium especially suited to take over the presidency of the EU Council in January, a smiling Foreign Minster Hadja Lahbib […] The post Belgium has ambitious goals for EU Council
The Ghana Private Road Transport Union (GPRTU) has announced that it submitted a proposal to Parliament for the reconsideration of the Emission Levy Bill, scheduled for implementation in 2024. The Emissions Levy Bill, approved by Parliament, imposes an annual charge of GH¢100 on all owners of petrol and diesel cars, starting from January 2024. The […] The post GPRTU
Following the recent Akosombo Dam Spillage that displaced residents in Lower Volta, OmniBSIC Bank staff have demonstrated their generosity and commitment to the community through the Bank’s Staff CSR project known as the SEEK Initiative. Recognizing the urgent need for support, the bank’s staff raised funds and donated essential supplies to families now residing at […] The post OmniBSIC
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MTN Ghana Foundation has presented hampers to mothers of 30 babies, born on Christmas Day at the Effia Nkwanta Regional Hospital and Essikado Hospital in the Western Region. The hampers contained diapers, blankets, wipes, shawls, towels, bibs, clothes, toiletries and other baby essentials as well as airtime worth GH¢50.00 for each of the mothers. Also, […] The post
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The year 2023 is ending on a high note for the extractive sector. The sector, comprising mining and oil industries, exhibited resilience in the face of challenges. The country’s return to the International Monetary Fund (IMF) merely a year ago, a strategic move shrouded in the government’s resolute commitment to fostering prosperity without external aid. […] The post Extractive
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Gold Fields Limited (Gold Fields) has announced the divestment of its 45% shareholding in the Asanko gold mine in Ghana to TSX-listed joint venture partner Galiano Gold for a total consideration of US$170m. Gold Fields will also receive a 1% net smelter royalty on future production from the Nkran deposit, the main deposit at the […] The post Gold Fields Sells 45% Stake In Asanko Mine appeared first
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