The Ministry of Local Government, Decentralization, and Rural Development (MLGDRD) has issued a directive to Metropolitan, Municipal, and District Assemblies (MMDAs) overseeing GARID projects to ensure that proper flood mitigation measures are implemented ahead of the rainy season. The Ministry disclosed that funds have been allocated for the desilting of drains as part of these […] The post Local
Absa Bank has introduced its Supplier Finance Programme, an innovative solution designed to revolutionize corporate supply chains in Ghana. This initiative aligns with Absa Bank’s dedication to providing comprehensive financial services that cater to the ever-changing demands of its corporate customers. In a business environment where the effective management of cash flow is pivotal to […] The post Absa
Dr. Opoku-Afari The Bank of Ghana (BoG) has praised the invaluable contribution of the National Banking College (NBC) to the training of human resources in the financial sector. The Read More... The post BoG
Today, at the IDA for Africa Heads of State Summit in Nairobi, Kenya, Global Citizen and Bridgewater Associates, in partnership with the Government of Côte d’Ivoire and Harith General Partners, announced an Economic Summit in Abidjan. This two-day summit will take place on October 9-10, 2024 in Abidjan, Côte d’Ivoire, and gather Heads of State, […] The post Global
Ghana’s fastest-growing bank, OmniBSIC Bank Plc, has opened 2024 positively by delivering strong results in the first quarter which is a strong indication of superior returns to shareholders and higher value for businesses this year. The bank’s profit soared by more than 58 per cent to GH¢82.58 million in March while liquidity and the balance […] The post OmniBSIC
The World Bank has recently released its April 2024 Commodity Outlook Report, which predicts a substantial drop in global food prices in 2024, with a projected 6 per cent decrease, followed by an additional 4 per cent decline in 2025. This decrease is mainly attributed to lower prices for grains, oils, and meals, while other […] The post World Bank predicts
Mussa Dankwah, the Executive Director and Head of Polls for Global InfoAnalytics has revealed that the selection of Professor Naana Jane Opoku Agyemang as the running mate for the opposition National Democratic Congress (NDC) flagbearer has brought stability to John Mahama’s polling numbers, particularly in the Northern and Volta regions. Speaking to Selorm Adonoo on […] The post Prof.
Professor Jane Naana Opoku Agyemang, running mate to National Democratic Congress (NDC) flag bearer John Mahama, announced plans to create women entrepreneurs and millionaires through the strategic establishment of a Women Development Bank. “We will actively pursue the establishment of a Women Development Bank to nurture and grow women-owned, women-led businesses,” Opoku Agyemang stated. “Women […] The post NDC
Businessman Prince Kofi Amoaben has expressed his confidence in former President John Dramani Mahama as the ideal leader to steer Ghana toward economic development and prosperity. Amoaben, the co-founder of the defunct UT Bank, averred the potential benefits of Mahama’s experience as a returning leader during his remarks at a fundraising dinner hosted by the […] The post Kofi
Andrew Zimmern, Djimon Hounsou, Jordan Fisher, Osi Umenyiora, Padma Lakshmi, Tom Colicchio, and Sarah, Duchess of York, have joined the growing list of participants for this year’s Global Citizen NOW, the summit driving action to end extreme poverty, taking place in New York City on May 1 and 2. Leaders from the worlds of public […] The post Andrew
The Ghana Football Association (GFA) has appointed five coaches to lead the national teams in its efforts to enhance youth football’s developmental structures. They are Godwin Attram, Maxwell Konadu, Yaw Preko, Abdul Karim Zito, and Nurudeen Amadu. Four of these coaches have been assigned to the newly formed male national teams, U-15, U-18, U-19, and […] The post Godwin
The Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchill, has emphasized the importance of the domestic capital market as a viable and sustainable source of funding for businesses. Mr. Bentsi-Enchill said this at the issuance of Letshego’s newly established and expanded GHS 500 million bond programme at the Ghana Stock Exchange. Speaking on […] The post Domestic
Source: GNA Mrs. Ursula Owusu-Ekuful, Minister for Communications and Digitalisation, has cautioned members of the public to desist from dealing in pre-registered SIM cards since it is illegal and an offence liable for prosecution. She explained that “Dealing in this context comprises the individual, who sells the pre-registered SIM as well as the buyer or […]
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […] The post Stanbic
Rev. Dr. Samuel Worlanyo, an economist and spokesperson of the Grand Coalition, has warned about the potential collapse of Ghana’s economy if it continues to heavily rely on borrowing from financial institutions such as the International Monetary Fund (IMF). In acknowledging the necessity of borrowing for governmental initiatives and projects, Dr. Worlanyo stressed the critical […] The post Any
Stanbic Bank Ghana, a subsidiary of the Standard Bank Group, has signed a Memorandum of Understanding (MOU) with the Ghana Medical Association (GMA) aimed at offering tailor-made financial solutions to members of the GMA. Speaking at the MOU signing ceremony at Stanbic Heights in Accra, Kwamina Asomaning, Chief Executive of Stanbic Bank said health is […] The post
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
Founder of the National Interest Movement (NIM), Dr Michael Abu Sakara Foster, said that the recent poll conducted by Global InfoAnalytics shows that the dynamics are changing in this year’s general elections. The poll stated that “the ruling party’s candidate, Dr Mahamudu Bawumia (DMB) trailing the main opposition candidate, John Dramani Mahama (JDM) in the […] The post Something
The Ministry of Finance and the Bank of Ghana have shown a steadfast commitment to a set of policies right from the beginning of the implementation of the $3 billion programme with the International Monetary Fund (IMF) under very difficult circumstances, Governor of the central bank, Dr Ernest Addison has said. He stated that they […] The post $3bn deal: We are beginning
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has expressed optimism that the successful second review of the programme with the International Monetary Fund (IMF) will lead to the release of the 3rd tranche. The country had already received two tranches, $600million each. The release of the third tranche would increase the total […] The post IMF deal:
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS