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 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
A team of bankers is ordinarily not a regular sight in any health facility in Ghana. Therefore, many patrons of the Madina Poly Clinic might have wondered “why”, when a sharply dressed team from the Universal Merchant Bank (UMB) drove into the clinic’s compound here in Kekele, Madina; a popular, densely populated suburb of Accra. […] The post #UMBCares brings holiday
In response to the surge in digital banking platforms and the corresponding increase in cyber threats, Fidelity Bank, Ghana’s largest privately owned bank, took proactive steps last month by dedicating a week to intensifying efforts against fraud, empowering its staff to be the first line of defence. Under the theme “Leveraging on Fraud Awareness and […] The post Fidelity
Dancehall Artiste, Stonebwoy has promised to gift tickets to his BHIM concerts to Tyrone Marhguy, the Rastafarian Achimota Student whose admission caused a national stir. This comes after it was reported that Tyrone aced his West African Senior High School Certificate Examination (WASSCE). Commenting under the post of Tyrone’s results, Stonebwoy on Tuesday, December 19, […] The post Stonebwoy
Strategic Communication Africa Limited (Stratcomm Africa), Ghana’s premier communication agency, has held another successful edition of its Brand Reputation Week with a comprehensive communication skills capacity-building clinic and training programme focusing specifically on Small and Medium Scale Enterprises (SMEs). The 2023 Brand Reputation Week, under the theme, “Driving SME Growth Through Strategic Communication”, was held […] The post Stratcomm
As part of efforts to boost marine operations at Ghana’s ports, the Ghana Ports and Harbours Authority (GPHA) has commissioned two new Damen tugboats to add to its fleet. The two heavy duty tugboats, which can berth any post panamax vessel, were named after two former Directors General of the Port Authority, namely Group […] The post GPHA acquires two new tugboatsto boost marine
President Akufo-Addo with Dr. Ernest Addison President Nana Akufo-Addo has urged the Bank of Ghana (BoG) to maintain focus on executing its mandate while dismissing distractions that could derail Read More... The post Ignore Mischief Of Misguided Elements
Christian Sottie, MD SML It has emerged that revenue assurance and audit firm, Strategic Mobilisation Ghana Limited (SML), has a five-year contract with the Ghana Revenue Authority (GRA). The Read More... The post ‘SML Has 5-Year Contract’ appeared first on DailyGuide
Employees in the Bancassurance Unit of Stanbic Bank Ghana have organised a beach clean-up at the Korle Beach in Accra, demonstrating the bank’s commitment to protecting the natural environment. Speaking at the clean-up exercise, the Head of Bancassurance at Stanbic Bank, Henry Manyo-Plange, explained the importance of corporate institutions involving themselves in helping to keep […] The post
Fidelity Bank Ghana, the country’s foremost privately-owned bank, has reaffirmed its dedication to fostering inclusivity, empowerment, and advancing young women into leadership roles through its strategic sponsorship of the FemPower Outreach project. This initiative, orchestrated by the ECG Power Queens Club in celebration of their 35th anniversary, aimed to identify and nurture talented young females […] The post Fidelity
Dr. Ernest Addison The Governor of the Bank of Ghana, Dr. Ernest Addison, has stated that the Central Bank’s monetary policies with support from the Ministry of Finance have Read More... The post Economy Responding To BoG Policies – Addison appeared first
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