The World Bank Group yesterday, in principle, welcomed the agreement on 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 the country. “This […] The post
“Good Banking is produced not by good laws, but by good bankers.” — Hartley Withers, prominent British financial journalist around the turn of the 19th century Dear Readers, last week started with my article on the need to pause and self-reflect before making new year resolutions. It is during our pause for self-reflection that we […] The post Risk
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Finance Minister Ken Ofori-Atta has expressed welcome the International Monetary Fund’s release of the second tranche of Ghana’s extended credit facility with the Bretton Woods institution. According to the Finance Minister, the approval of an additional $600 million for Ghana’s bailout programme signifies the country’s progress in its economic reform trajectory. “Earlier today, the IMF […] The post Release
Bank of Ghana Governor Dr. Ernest Addison has reassured the public that the launch of the much-anticipated e-Cedi, the country’s digital currency, will take place before the end of 2026. The Governor acknowledged progress made in the f the e-Cedi’s development, but attributed the delay in its launch to economic dislocation caused by the events […] The post BoG
Development Bank Ghana (DBG) has partnered with its Participating Financial Institutions (PFIs) to disburse GHS 623 million into the private sector. This capital injection has contributed to the creation of jobs, expansion of businesses, increased revenue, and generation of foreign exchange. DBG’s key highlights in 2023 are captured in a year-end wrapped video on its […] The post
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
Ecobank, the leading pan-African financial services group, unveils its new brand campaign ‘A Better Way | A Better Africa’, at the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 (AFCON). Ecobank is a proud official sponsor of the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 and is leveraging the unifying, exhilarating and […] The post Ecobank
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
The Minister for Communications and Digitalisation (MoCD), Ursula Owusu-Ekuful, has officially launched the National Communications Authority (NCA) Five-Year Strategic Plan (2024-2028) in Accra. The Authority’s Five-Year Strategic Plan’s development is in accordance with Section 3(b) of the NCA Act, 2008 (Act 769), and is aimed at setting clearly-defined goals and measurable steps for the Authority. […] The post
…as it marks 40th anniversary The Brakwa-Breman Rural Bank PLC, located in Brakwa in the Asikuma-Odoben-Brakwa District of the Central Region, has indicated its readiness to intensify adoption and integration of modern technologies, in a bid to deliver innovative financial services to customers. According to the Board Chairman of the bank, Alexander Koomson, Brakwa-Breman Rural Bank […] The post
The Member of Parliament (MP) for Tarkwa Nsuaem, George Mireku Duker, has donated school bags and exercise books to school pupils in some of communities in his constituency. About five hundred pupils, drawn from Dompim-Pepesa and surrounding villages, received school bags and exercise books. The donation coincided with New Year party held by the Tarkwa […] The post Tarkwa MP donates school
The Member of Parliament (MP) for Kwesimintsim, Dr. Prince Hamid Armah, has listed a number of developmental projects he has undertaken in the constituency within three years, as a Legislator. With over 20 infrastructural developmental projects completed, the Legislator appears to have taken development to the next level. Going through the tall list as evidence […] The post Kwesimintsim
The President of the University Teachers Association of Ghana, University of Ghana chapter, and lecturer at the University of Ghana, Prof. Ransford Gyampo, has stated that in the 2024 general elections, labour unions will vote with hunger and anger. This follows an appeal made by former President John Mahama, who is running for office again, […] The post 2024
The Black Stars hotel in Abidjan has heightened security measures following a confrontation between a fan and coach Chris Hughton after Ghana's underwhelming performance against Cape Verde on Sunday evening. The Black Stars were defeated 2-1 in their opening match and face an early elimination from the 2023 Africa Cup of Nations in Ivory Coast. […] The post Security beefed up at Black Stars hotel first
A leading tourism company has embarked on a groundbreaking journey to revolutionise tourism and elevate service delivery with the launch of Adansi Travel House – a pioneering one-stop destination catering to all travel needs, both inbound and outbound. Situated prominently on the La-Bawaleshie Road, East Legon, Adansi House is now home to a constellation of […] The post Adansi
The Minister for Communications and Digitalisation (MoCD), Ursula Owusu-Ekuful, has officially launched the National Communications Authority (NCA) FiveYear Strategic Plan (2024-2028) at the NCA Tower on Tuesday, 16th January, 2024. The development of the Authority's Five-Year Strategic Plan is in accordance with Section 3(b) of the NCA Act, 2008 (Act 769) and is aimed at setting […] The post NCA outdoors five-year
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