President Akufo-Addo Ghana is likely to lose US$3.8 billion in World Bank financing over the next five to six years if the Human Sexual Rights and Family Values Bill Read More... The post Anti-Gay Bill… Ghana To Lose $3.8bn World Bank Funds appeared
FBNBank Ghana says it is working with the Bank of Ghana to identify and address issues that led to the suspension of its forex trading license by the apex bank. The Bank of Ghana announced on Monday the suspension of the Foreign Exchange Trading Licenses of Guaranty Trust Bank Ghana Limited (GTB) and FBNBank Ghana […] The post We’re working with
By Sandra Agyeiwaa OTOO The Executive Director of COMSEC Technology Solutions, Boaz Alon has stressed the critical need for addressing Ghana’s energy sector challenges, through backup power solutions. Speaking at during a press conference in Accra marking COMSEC Technology Solutions’ 10th anniversary, he stressed the role of reliable backup power in mitigating the impact of […] The post
Guaranty Trust Bank Ghana has assured its customers and stakeholders of its commitment to resolving the Central Bank’s recent suspension of its Foreign Exchange Trading License. The suspension is effective from March 18, 2024, until April 18, 2024. In a statement issued on March 4, the Bank emphasized its ongoing collaboration with relevant Government Agencies […] The post We’re
The Independent Power Producers Ghana (IPPs) have issued a stark warning that the country’s power sector challenges are on the brink of exacerbation. According to the Chamber, the sector is at risk of incurring an increased debt of approximately USD$1.8 billion to the IPPs alone by the close of 2024. This escalation is attributed to […] The post Power
By Asantewaa OSAFO Public Relations (PR) is a vital aspect of any business’ success. It helps to shape its image, build relationships with stakeholders and, ultimately, drive growth. Crafting an effective PR strategy requires careful planning and execution. As the new year unfolds, businesses across various industries are gearing up to formulate and implement their […] The post Hit
Construction of a large-scale apparel manufacturing facility has commenced in Savelugu in the Northern Region to create over 1,600 jobs for women and youth in Northern Ghana. Students from the Savelugu School for the Deaf will be among the vulnerable to benefit from jobs to be created by the company. The project is spearheaded by […] The post German
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has successfully constructed a mechanized borehole for the Police Public Safety Training School (PPSTS) at Pwalugu in the Upper East Region, providing a sustainable and reliable source of clean water for the officers and the entire community. For more than a decade, the PPSTS has grappled with […] The post Fidelity
Management of the Ghana Export–Import Bank (GEXIM) has announced it will be hosting “Freedom Market” on Tuesday, March 5, 2024. The “Freedom Market” is a prelude to the 67th National Independence Day celebration next week in the Eastern Region under the theme “Our Democracy, Our Pride”. “Freedom Market”, a special edition of the Bank’s popular […] The post GEXIM
By Bernard Yaw ASHIADEY, Atlanta-Georgia Delta Air Lines has assured the Ghanaian travelling public that the international airline is duty-bound to ensure standards are the same across the globe irrespective of where it is flying from or where its final destination is. Rahsaan Johnson, Managing Director, International Communications at Delta, noted that recent suggestions that […] The post
Togbe Afede XIV, the Agbogbomefia of the Asogli State, has strongly criticised the recent decision by the Bank of Ghana (BOG) to reduce the policy rate from 30% to 29%, describing it as nothing more than a “big joke.” The BOG’s Monetary Policy Committee (MPC) announced this cut on January 29, 2024, with Togbe Afede […] The post BoG’s 1% policy rate cut
Mustapha Ussif, Sports Minister It has emerged that contrary to public perception of Ghana Football Association (GFA) handling monies meant for tournaments, it is rather the Youth and Sports Read More... The post ‘GFA Does Not Handle Pre Tournament Monies’
Women at the food market The latest Food Security Update by the World Bank has revealed that about 1.96 million Ghanaians are facing acute food and nutrition insecurity. This Read More... The post 1.96m Ghanaians Face Food, Nutrition Insecurity
The Government has plans to set up a FinTech Innovation Fund to support Start-ups to drive Ghana’s digital revolution. Vice President Mahamudu Bawumia announced this in Accra on Monday during the official press launch of the maiden 3i Africa Summit. The three-day summit, to be held in Accra, is scheduled for May 13-15, 2024, on […] The post Government to introduce
The Member of Parliament for South Dayi, Rockson Nelson Dafeamekpor, has hinted that Commissioner General of the Ghana Revenue Authority (GRA) Rev Amishaddai Owusu-Amoah will face legal consequences for his continued stay in office without a contract extension from the Ministry of Finance. Rev Amishaddai Owusu-Amoah, who is more than 60 years old and is […] The post We’ll
Christian Sottie, SML Boss Despite negative media campaigns, the contract established between Strategic Mobilisation Ghana Limited (SML) and the Ghana Revenue Authority (GRA) has demonstrated remarkable benefits for the Read More... The post GRA–SML Deal Generates Over
Standard Chartered Bank Ghana PLC has held a STEM (Science, Technology, Engineering and Mathematics) hackathon in commemoration of International Day of Women and Girls in Science. The hackathon held at Accra High School was under the global theme for this year’s celebration “Women and Girls in Science Leadership, a New Era for Sustainability”, and designed […] The post Standard
The Zambian government has imposed restrictions on maize and mealies meal (maize flour) exports in response to an extended dry spell endangering the harvest. Minister of Agriculture Reuben Phiri announced the measure on Tuesday, stating that export limitations will remain until a thorough evaluation of the upcoming harvest is conducted. “Owing to the prevailing situation, […] The post Zambia
By Emmanuel AKOMEA Access Bank Ghana PLC has signed a partnership agreement with Mac Autos & Spare Parts Ghana Limited to enhance vehicle ownership in the country. Mac Autos & Spare Parts Ghana Limited, including its subsidiary, MG Auto Trading Ghana Limited, is a leading automobile dealership, selling a wide range of leading brands. As part of […] The post
The Executive Director of the Africa Center for Parliamentary Affairs (ACEPA), Dr. Rasheed Draman, has criticized the leadership of the New Patriotic Party (NPP) for failing to consult the Majority Caucus before disclosing plans to reshuffle its leadership. There were reports taht Deputy Majority Leader, Alexander Afenyo-Markin was tipped to replace Osei Kyei-Mensah-Bonsu as Majority […] The post It’s
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