The World Bank Group has welcomed the agreement in principle on the key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework. This agreement, which is consistent with the Joint WB-IMF Debt Sustainability Framework, represents a critical milestone toward restoring debt sustainability in this country. […] The post World
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has been recognised for its outstanding contributions to agricultural lending in Ghana – receiving two prestigious awards from the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL). The bank was named the Most Responsive Partner Financial Institution of the Year and earned the Highest Staff […] The post
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has been recognized for its outstanding contributions to agricultural lending in Ghana, receiving two prestigious awards from the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL). The bank was named the Most Responsive Partner Financial Institution of the Year and earned the Highest Staff Participation […] The post Fidelity
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The Secretary of the National Council of the Parents Teachers Association in Ghana, Gapson Kofi Raphael, has expressed dismay in the Ghana Education Service over its guidelines on PTAs. He described the actions by the GES as unlawful and illegal. The GES has developed new guidelines for Parent Associations, formerly known as Parent-Teacher Associations (PTAs), […] The post GES
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In a bid to boost its production capacity, Ghana’s wholly Ghanaian-owned mining giant, Adamus Resources Limited, with financial support from its parent company, Nguvu Mining Limited, has launched over a dozen Liebherr brand of haulage trucks at the company’s site at Esiama in the Ellembelle District of the Western Region. The acquisition of the haulage […] The post Adamus
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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
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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
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