Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
Kwamina Asomaning delivering the keynote address at the graduation ceremony Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, has called on young graduates to embrace the journey of discovery Read More... The post Embrace Journey Of Discovery
Dr. Ernest Addison The Monetary Policy Committee (MPC), of the Bank of Ghana has dropped its lending rate from 30% to 29% following a decline in inflation. The Governor Read More... The post Policy Rate Drops To 29% appeared first on DailyGuide N
Fidelity Bank Ghana, the country’s largest privately-owned bank, concluded the festive season with a display of generosity through its Employee Volunteering Program (EVP). Under this program, over 300 staff members engaged in impactful nationwide Corporate Social Responsibility (CSR) initiatives, combining time, financial resources, and personal involvement to uplift the lives of the less fortunate. In […] The post Fidelity
The National Organizer of the New Patriotic Party (NPP), Henry Nana Boakye, has commended the party’s leadership, including Vice President Dr. Mahamudu Bawumia, for their sterling performances in the just-ended parliamentary primaries. He said the leadership will ensure the successful completion of the primaries in the remaining constituencies, congratulating all elected parliamentary candidates. In a […] The post NPP
OmniBSIC Bank, the fastest-growing Bank in Ghana and Bank of the Year, 2023 has relocated its Anloga Branch in Kumasi to the City Style Building on Stadium Road Amakom, Kumasi as part of the Bank’s ongoing brand enhancement effort. The relocation of the branch is aimed at providing an improved banking experience, easy accessibility, ample […] The post OmniBSIC
President Nana Akufo-Addo President Nana Akufo-Addo has urged all losers of the New Patriotic Party’s (NPP) recently concluded parliamentary primaries to uphold the party’s tradition, and rally firmly behind its Read More... The post Let’s Unite To Break The 8 – Nana appeared
Dr. Ernest Addison, BOG Governor The Human Right Division, Accra High Court, has dismissed an application filed by Dr. Papa Kwesi Nduom, GN Saving and Loans Company and others for Read More... The post ‘Central Bank Revoked GN Bank Licence Legally’ appeared
Dr. Ernest Addison – Governor of Bank of Ghana The Bank of Ghana (BoG) has announced a significant reduction in its Monetary Policy Rate, also known as the base Read More... The post BoG Lowers Base Rate To 29% To Stimulate Economic Growth
New Patriotic Party (NPP) delegates in the Bekwai constituency in the Ashanti Region have chosen a new path to progress and development in their constituency by electing for a young Ghanaian lawyer, Ralph Poku-Adusei to contest and represent them in the next parliament. The election, held on Saturday, 27 January, 2024 saw Ralph Poku-Adusei, who […] The post Ralph Poku-Adusei cuts COP Mensah down
The New Patriotic Party (NPP) has successfully conducted its parliamentary primaries for their constituencies, with 28 incumbents falling out of the race to December 7, 2024 parliamentary elections. The sitting Members of Parliament (MPs) failed to secure another mandate from the party’s delegates to be the parliamentary candidates for those constituencies in the upcoming elections. […] The post NPP primaries:
Visuals available to 3News from the Manhyia Palace in Kumasi indicate that the leadership of the ruling New Patriotic Party (NPP) is at the Asantehene’s residence to render an apology on behalf of its Regional Chairman, Bernard Antwi Boasiako, a.k.a. Wontumi. Those seen in the images include the National Chairman of the party, Stephen Ayesu […] The post NPP
The Ekumfi Traditional Council has expressed disappointment in President Nana Addo Dankwa Akufo-Addo over comments he made, indicating that he intentionally sidelined Ekumfi residents from benefiting from the national cake because they voted against the New Patriotic Party’s Parliamentary candidate Kingsley Ato Cudjoe in the 2020 elections. The Traditional Authority is also demanding scientific data […] The post Ekumfi
Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, has called on young graduates to embrace the journey of discovery as they begin their lives out of school. Mr. Asomaning said this at the graduating class of 2022/2023 of the College of Humanities, University of Ghana. The Stanbic Bank Chief Executive shared insights from his personal […] The post Stanbic
Nana Appiah Mensah, alias Nam1, is alleged to have created an office by name ‘playboy’ and directed customers to make payments before their investments with Men’s Gold and Brew Consultant would be released to them. Fred Odame Aseidu, fourth prosecution witness (PW4) and a customer of the defunct companies of Nam1, testified before the Accra […] The post Nam1 created ‘playboy’ office
Some officials of Absa Bank Ghana displaying the awards ABSA BANK Ghana has been recognised for its outstanding support to the agricultural sector by the Ghana Incentive-Based Risk-Sharing System Read More... The post Absa Bank Grabs 4 Agri-Financing Awards appeared first
President Nana Akufo-Addo has granted KPMG’s request for an audit extension on the transaction involving the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Limited (SML). The audit Read More... The post Nana Grants KPMG’s SML Audit Extension
The Development Bank Ghana has injected more than GH¢1billion into the private sector since its inception in June 2022, its Chief Executive Officer, Kwamina Duker, has revealed. This investment, he noted, has played a pivotal role in fortifying over 80 businesses, resulting in the creation of over 6,000 jobs. Thirty-eight percent of these jobs have […] The post DBG
The Agricultural Development Bank (ADB) and five other banks have secured a court order to prevent any sale or transfer of assets of PBC Limited, including its headquarters at Number 106 Olusegun Obasanjo Way, Dzorwulu Junction in Accra. This follows a judgment secured by the six banks against PBC Limited. The other five banks include […] The post ADB,
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