Founder of the New Force Movement and Ghanaian Entrepreneur Nana Kwame Bediako, popularly known as Cheddar or Freedom Jacob Caesar, has disclosed his rejection to secure loans from some financial institutions in the country. He decried several Ghanaian banks that turned down his request to grant him loans to facilitate his projects and his array […] The post Ghanaian
The World Bank Deputy Chief Economist, Ayhan Kose, has said the global economy has been remarkably resilient, especially in the last year. Growth last year, he said, surprised on the upside, thanks to the US economy, the strength of the US economy. But, he further noted, some large emerging markets like India, Indonesia, Brazil, Mexico, […] The post There is global economic resilience
There was almost no growth in terms of global trade last year, the World Bank Deputy Chief Economist, Ayhan Kose, has said. The situation remains fragile going into this year, he added. In June 2023, he highlighted an ongoing global growth slowdown as a major concern to the Bank. Asked for the latest analysis of […] The post Global trade remains fragile – World Bank Deputy Chief
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
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
Aggrieved customers of the now-defunct Gold Coast Fund Management Limited are expressing concern about the delay in the commencement of work by the parliamentary ad hoc committee tasked with investigating issues related to their frozen funds. The committee, established by Speaker of Parliament Alban Bagbin on December 6, 2023, with a 3-month timeframe for the […] The post Gold
Zenith Bank (Ghana) Limited has opened a new branch in one of the busiest districts in Accra, Madina. The branch which is the 41st business location to be opened by the Bank since its establishment in 2005 would serve the people of Madina and its surrounding communities. The new branch opening is in line with […] The post Zenith Bank opens new branch at Madina appeared first on
One of the significant developments so far in 2024 for MSMEs in Ghana is the launch of the Business and Employment Assistance Programme (BEAP) by the Youth Employment Agency, under the leadership of its dedicated CEO, Mr. Kofi Baah Agyepong. The BEAP program aims to support 10,000 companies, leading to the creation of 20,000 jobs for […] The post John Kumah: Gov’t will pursue
Officials of Brilin Enterprise receiving a dummy cheque for being the National Best Agent FIDELITY BANK Ghana hosted an illustrious awards night on December 14, 2023, to honor and Read More... The post Fidelity Bank Celebrates Top-Performing Agents appeared
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
North Tongu Member of Parliament, Samuel Okudzeto Ablakwa, has alleged that President Nana Addo Dankwa Akufo-Addo has assisted the Commissioner-General of the Ghana Revenue Authority (GRA), Rev. Dr. Ammishaddai Adu Owusu-Amoah who signed the controversial agreement between the GRA and the Strategic Mobilisation Limited (SML) to run away from the country with his family. The […] The post GRA-SML
North Tongu Member of Parliament, Samuel Okudzeto Ablakwa, has alleged that the Commissioner-General of the Ghana Revenue Authority (GRA), Rev. Dr. Ammishaddai Adu Owusu-Amoah who signed the controversial agreement between the GRA and the Strategic Mobilisation Limited (SML) has left Ghana with his family. Mr Ablakwa alleged that the GRA boss left Ghana with the […] The post GRA-SML
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the central bank exceeded its reserve target by almost US$1billion in 2023 with the help of the domestic Gold for Reserves programme. He stated that the BoG plans to continue with the programme to help in terms of building reserves going into […] The post BoG to continue ‘Gold for Reserves’ programme to prop
ASA Savings and Loans Company Limited in Winneba, located in the Central Region, has supported the Ansaful CHPS compound to enhance its operations. The company presented a television set, an air conditioner, a water tank, a digital BP machine, and a weighing scale. During a brief ceremony, the area manager for the company, Mohammed Nasimul […] The post ASA Savings
The Bank of Ghana (BoG) has authorized 16 Foreign Exchange (FX) brokers to commence operations on the Ghana Interbank Forex Market effective January 1 to December 31, 2024. This is in accordance with section 3. 13. 1 of the Ghana Interbank Forex Market rules which provide that local and international FX Brokers who wish to […] The post BOG grants approval to 16
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 Eastern Regional Vetting Committee of the New Patriotic Party has disqualified two aspirants: Madam Yaa Ansah, who sought to challenge the Deputy Minister of Trade and Industry and MP for New Juaben South, and Frank Aidoo, the Municipal Chief Executive of Akuapem South. Yaa Ansah, who was out of the country’s jurisdiction yesterday, where […] The post NPP
The Ada East District Assembly has refuted claims made by the local miners association of Songor that the assembly would render its members homeless if they were relocated from the Songor lagoon concession. These salt miners were instructed to vacate the Ada East sector of the Songor lagoon concession following a December 31 eviction deadline […] The post Ada
The Rural Empowerment Advocacy Project LBG (REAP), a non-profit organization that seeks to empower and support rural communities with livelihood programs, has launched its vocational training program dubbed the ‘REAP Vocational Project.’ The initiative aims to equip less privileged individuals in rural communities with free vocational training skills. The ‘REAP Vocational Project’ will enable less […] The post REAP
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
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