Gross international reserves (GIR)increased in 2023, Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said. The stock of the GIR at the end of December 2023 rose to US$5.91 billion, equivalent to 2.7 months of imports cover for goods and services, he said. Excluding pledged assets and the Ghana Petroleum funds, the […] The post Ghana’s gross international reserves
The military of the West African nation, which is plagued by kidnappings largely driven by demands for ransom payments, said 137 children had been freed in the country’s north.
The Bank of Ghana has reiterated its commitment to combating the circulation of counterfeit currency. The Central Bank emphasizes its progress toward achieving a zero-counterfeit regime. Counterfeiting and possession of counterfeit banknotes are punishable by law. During a press conference held during a tour of the currency processing centre as part of Ghana Heritage Month, […] The post BoG
Ghana’s policy rate is one of the highest globally and can not be justified, therefore the Bank of Ghana (BoG) has a duty to slash it drastically by at least 200 basis points, an economist and Director of Research at the Institue of Economic Affairs (IEA), Dr John Kwakye, has said. In his view, reducing […] The post Ghana’s policy rate is one of the highest
The Bank of Ghana (BoG) has a duty to slash its Policy Rate (PR) drastically by at least 200 basis points, an economist and Director of Research at the Institue of Economic Affairs (IEA), Dr John Kwakye, has said. In his view, reducing the rate drastically will trigger a decline in the ‘artificially high’ lending […] The post Cut policy rate drastically – Economist tells Bank
As part of efforts to deal with internal threats within state institutions, Makers and Partners (MAP), an accountancy firm has organized a one-day capacity building workshop for 10 internal auditors of the Environmental Protection Agency (EPA). The forensic investigation training being spearheaded by MAP aims at equipping the Internal Audit function with the requisite skills […] The post Makers
The Governor of the Bank of Ghana, Dr. Ernest Addison, has underscored the need for banks to remain committed to their critical role of bridging trade financing in both the primary and secondary markets. According to the governor, this will help strengthen the country’s financial systems. Speaking at the Ghana International Bank cocktail event to […] The post BoG
Dr. Bawumia with executives of the Chamber and other government officials The Ghana National Chamber of Commerce and Industry has embraced a number of policies Vice President and Flagbearer Read More... The post Chamber
Stephen Asamoah Boateng presenting certificate to one of the winners The Ghana Culture Forum (GCF) has commended GCB Bank PLC’s support towards the 2024 Ghana Culture Week. Chairpersonof the Read More... The post Ghana Culture Forum Lauds GCB Bank appeared first on
Effs, the rising star from the UK music scene, has unleashed a scintillating remix of his hit single “I Like That,” featuring the acclaimed Ghanaian rapper Medikal. This dynamic collaboration brings together Effs’ signature style with Medikal’s unique flair, promising listeners an electrifying musical experience. “I Like That (Remix)” combines Effs’ infectious melodies with Medikal’s […] The post Effs
The Ghana Registered Nurses and Midwives Association (GRNMA) has served notice to embark on a series of actions to demand the review of what they describe as the astronomical increment in the Verification Fee paid by nurses and midwives to the Nursing and Midwifery Council of Ghana for verification of licenses. They say that from […] The post Ghana Registered Nurses and
Auto Show, Thursday, 21st March, 2024 The post Auto Show, Thursday, 21st March, 2024 appeared first on Citinewsroom - Comprehensive News in Ghana.
Head of Financial Advisory & Equity Capital Markets at Stanbic Bank, Isaac Simpson, has emphasized the need for collaboration between the right stakeholders in order to form the necessary policies to accelerate sustainable finance. He made this statement at the 2024 Africa Energy Technology Conference, held at the Labadi Beach Hotel. Speaking on the topic […] The post
“A snake is like a rope but it is not used for tying up firewood.” – Akan proverb When we task our brains and talents, extracting our creativity and letting it dictate our pace of work and the flow of our relationships; more often than not, the greater reward we seek is recognition of our […] The post The Attitude Lounge by Kodwo Brumpon: Give
By Maureen E. BANSAH A German engineering giant, Siemens AG, was rocked by a massive corruption scandal in 2006 that shocked the world. The corruption involved more than $1.4 billion in bribes to government officials worldwide to acquire market advantage. Investigations uncovered the extensive bribery network within the company’s worldwide operations, exposing a deeply ingrained […] The post
The Ghana National Chamber of Commerce and Industry has backed calls by the Vice President and flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia for the private sector to get involved in social infrastructure development. The NPP flagbearer in his maiden policy address to the country in February 2024, revealed plans to incentivize […] The post Chamber
Citi Breakfast Show, Wednesday, 20th March, 2024 The post Citi Breakfast Show, Wednesday, 20th March, 2024 appeared first on Citinewsroom - Comprehensive News in Ghana.
The Nigerian Federal Government is in talks with the World Bank to complete the processes of obtaining over $1 billion loans to address the challenges facing Internally Displaced Persons and their host communities, as well as bolster rural access and agricultural marketing in the country. The request is contained in a recent World Bank document […] The post Govt eyes fresh $1bn World Bank loan for
Fidelity Bank, Ghana’s largest privately-owned bank has held its inaugural Stakeholder Workshop, as well as the Orange Summit, to address critical needs in sustainability and young entrepreneur development. These events are in line with the bank’s commitment to a brighter future for Ghana, through impactful initiatives on two key fronts – fostering sustainable development and […] The post Fidelity
Zenith Bank, one of Ghana’s leading financial institutions, has opened its newest branch at Techiman, in the Bono East Region of Ghana. Strategically located in the heart of Techiman, this expansion underscores Zenith Bank Ghana’s commitment to serving communities across Ghana and fostering economic growth in the region. With the opening of the Techiman branch, […] The post
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