The inflation rate declined to 26.4% in November, a 19-month low, the Ghana Statistical Service has published.The Consumer Price Index (CPI) for November 2023 was 198.2 – relative to 156.8 for November 2022. The Ghana Statistical Service says food inflation was the major contributor to the decline in the rate of inflation. In November, food […] The post Inflation declines from 35% to 26% appeared first
Meta’s social media app Threads has launched in the European Union, five months after its release in other parts of the world. It debuted to much fanfare as a rival to Elon Musk’s X, formerly Twitter. But it was not made available in the EU, which has strict rules around data and big tech. Meta […] The post Threads: Meta’s rival to Elon Musk’s X launches
Hundreds of airline passengers bound for Detroit spent Sunday night in a remote Canadian military barracks after their Delta Air Lines jet experienced mechanical issues, the airline said. Delta Flight 135, carrying 270 customers, three pilots and seven flight attendants from Amsterdam to the US, made the unexpected overnight detour to Happy Valley-Goose Bay in […] The post Diverted
Nigeria’s Supreme Court has ruled that separatist leader Nnamdi Kanu should be kept in prison, overturning a 2022 judgment by a lower court that ordered his release. The court also ruled that his terrorism trial at a lower federal court should continue. In October last year, the Appeal Court dropped all charges against him after […] The post Nigerian court orders Nnamdi
The leadership of Winners Chapel International Ghana has donated GH¢100, 000 towards the next phase of Citi FM/Cit TV’s relief campaign for victims of the Akosombo Dam spillage. The #Relief4LowerVolta campaign took an ambitious turn from providing immediate relief items to affected residents to the construction of resettlement centres that are currently at various stages […] The post Dam
GCB Bank PLC has reinvented digital banking in the country with the relaunch of its revamped digital banking platform. The enhanced mobile banking app dubbed ‘Recoded’, the bank said, has been painstakingly developed to provide convenience to customers while ensuring the safety of investments. The new platform comes with unique features compared to any other […] The post GCB
The African Union High Representative for Silencing the Gun, Dr. Mohamed Ibn Chambas, has admonished states in the sub-region to invest heavily in robust approaches to effectively deal with violent extremism and terrorism in West Africa and the Sahel regions. According to him, many of the measures or models employed by countries to ensure peace […] The post Ibn Chambas
The Development Bank Ghana (DBG) has demonstrated its commitment to the fight against breast cancer by generously donating GH¢200,000 to the Breast Cancer Units at both Korle Bu Teaching Hospital and the 37 Military Hospital. This commendable initiative, spearheaded by the dedicated staff at DBG, aligns with the ongoing efforts to make a substantial impact […] The post DBG
Tesla is recalling more than two million cars after the US regulator found its driver assistance system, Autopilot, was partly defective. It follows a two year investigation into crashes which occurred when the tech was in use. The recall applies to almost every Tesla sold in the US since the Autopilot feature was launched in […] The post Elon Musk’s
British Prime Minister Rishi Sunak’s emergency bill to revive his plan to send asylum seekers to Rwanda has avoided defeat in parliament, surviving a rebellion by dozens of his own MPs that laid bare his party’s deep divisions. Sunak, who has pinned his reputation on the strategy despite warnings at every stage that it would […] The post UK’s Sunak
US President Joe Biden has said Israel is starting to lose global support over its “indiscriminate bombing” of Gaza. His comments, made to donors at a fundraising event on Tuesday, marked his strongest criticism yet of Israel’s leadership. Mr Biden has offered unwavering public support to the country since Hamas launched its attacks on 7 […] The post Israel
Stanbic Bank Ghana, a member of the Standard Bank Group – Africa’s largest bank by assets, has been awarded the Financial Deal of the Year Award at the 9th edition of the Ghana Mining and Industry Awards (GMIA), held at the Movenpick Ambassador Hotel, Accra. The award celebrates a financial transaction between a local financial […] The post Stanbic wins financial deal
Zenith Bank Ghana has seized yet another opportunity to stand out among its peers through the beautification of Accra’s cityscape. As the pacesetter of what has become a national initiative to beautify the city’s landscape during this festive period, it launched its Christmas festivities and lit up Zenith Heights and some very prominent parts of […] The post Zenith
The Executive Director for Retail and Digital Banking at Access Bank (Ghana) Plc, Pearl Nkrumah has called on financial institutions in the country to extensively support the advancement and development of Ghana’s tourism and creative industries. Speaking at the just-ended Tourism Investment summit held in Accra, Ms. Nkrumah noted that the current growth and revenue […] The post Access
The Staff and Management of Zenith Bank Ghana have held a Light-Up and Carols Night ceremony, in remembrance of the birth of Jesus Christ and to formally usher in the 2023 Christmas festivities. Patrons at the event held last Friday, December 8, 2023, at the Bank’s Head Office at No. 37 Independence Avenue, Ridge, were […] The post Zenith Bank ushers
Dr. Ernest Addison The Bank of Ghana (BoG) has advised exporters to abide by the rule of repatriating a fraction of their export proceeds to help maintain the stability Read More... The post BoG Cautions Exporters Over Proceeds Repatriation appeared
Nana Yaa Afriyie Ofori-Koree Fidelity Bank Ghana has reaffirmed its dedication to driving economic growth and development through the launch of phase two of the Fidelity Young Entrepreneurs’ Initiative Read More... The post Fidelity Bank Launches 2nd
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