The Akufo-Addo-Bawumia-led New Patriotic Party (NPP) government has announced the setting up of a FinTech Innovation Fund (FIF) to support FinTech start-ups in a move to drive the country’s Read More... The post Govt To Set Up FinTech Fund appeared first on DailyGuide
The ad-hoc committee tasked with probing the issues surrounding the locked-up funds of customers affected by the collapse of Gold Coast Fund Management Limited has postponed its public hearing to Wednesday, February 28, 2024. This adjustment is to make way for President Nana Akufo-Addo’s State of the Nation address in Parliament, scheduled for Tuesday, February […] The post Gold
The ad-hoc committee tasked with probing the issues surrounding the locked-up funds of customers affected by the collapse of Gold Coast Fund Management Limited has postponed its public hearing to Wednesday, February 28, 2024. This adjustment is to make way for President Nana Akufo-Addo’s State of the Nation address in Parliament, scheduled for Tuesday, February […] The post Public
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
By Isaac K. FRIMPONG Retirement age, a pivotal stage marking the withdrawal of statutory workers from active work, holds a unique significance in Ghana, much like in many countries globally. This is where retirees are expected to start enjoying pensions and other retirement benefits. In Ghana, the retirement age is 60 years (both male and […] The post Navigating
Zenith Bank has reaffirmed its commitment to the real economy, as evidenced by a slew of measures geared toward empowering Micro, Small and Medium Enterprises (MSMEs) in the country, a move which it describes as ‘true banking’. This renewed dedication was announced by its Managing Director and Chief Executive Officer, Henry Onwuzurigbo, and comes on […] The post Zenith
The latest Ghana Petroleum Holding Fund (PHF) semi-annual report, released by the Bank of Ghana, shows that the country received over $521 million into its Petroleum Holding Fund (PHF) for the second half of 2023. However, this amount represents a decrease compared to the US$696.82 million petroleum receipts recorded during the same period in 2022. […] The post Ghana’s
The House of Representatives has resolved to conduct an investigative hearing on the non-compliance by banks and financial institutions with Central Bank of Nigeria, CBN, directives on the Net Open Position Limits. The resolution of the House followed the adoption of a motion of urgent national importance on the need for banks to implement CBN’s […] The post Reps
A delegation from the Global Community Engagement and Resilience Fund (GCERF), led by the Board Chairman Mr. Stefano Manservisi, visited Ghana to discuss collaborative efforts in countering violent extremism. During the visit, the team paid a courtesy call on the President of the Republic, HE Nana Addo Dankwa Akufo Addo, the Minister for National Security, […] The post GCERF
Tension has gripped the New Juaben traditional area following an incident where a group, reportedly led by the New Juaben divisional police commander, forcibly entered the stool room of the Adwampong royal family in Koforidua. The confrontation ensued after the queen mother of the Adwampong royal family resisted the unauthorized removal of the black stool. […] The post Tension
Ghana’s MIIF has stepped up efforts to attract North American partners into the Ghanaian mining space. MIIF, the sovereign minerals fund of Ghana, was created by law to manage the equity interests of the Government of Ghana in mining companies and collect and manage mining royalties due the state for purposes of investment. M 11F […] The post MIIF
The Ghana Registered Nurses and Midwives Association (GRNMA) and the Health Services Workers Union have petitioned the National Pension Regulatory Authority to release their 8-month pension arrears. The two unions bemoaned the deductions of their two-tier pensions from their salaries, which had not been paid into the necessary accounts. President of the Ghana Registered Nurses […] The post Health
President Nana Addo Dankwa Akufo-Addo has appointed John Kwaning Mbroh as the Chief Executive Officer (CEO) of the National Pensions Regulatory Authority (NPRA). Kwaning Mbroh’s appointment takes effect from 1st February 2024. The current CEO, Hayford Atta Krufi, is proceeding with his retirement after holding the position since 2017. Kwaning Mbroh has expertise in pension […] The post Kwaning
Artificial intelligence will affect up to 40% of jobs worldwide, the International Monetary Fund (IMF) has warned. This could rise to 60% of roles in advanced economies like the UK – but it is believed that, in half of these cases, AI will benefit the workforce. In a new report, the IMF warned that AI’s […] The post Artificial intelligence
Aggrieved customers of the now-defunct Gold Coast Fund Management Limited are expressing concern about the delay in the commencement of work by the parliamentary ad hoc committee tasked with investigating issues related to their frozen funds. The committee, established by Speaker of Parliament Alban Bagbin on December 6, 2023, with a 3-month timeframe for the […] The post Gold
Dr. John Ofori-Tenkorang The Social Security and National Insurance Trust (SSNIT), in consultation with the National Pensions Regulatory Authority (NPRA) has increased monthly pension benefits by 15% for the Read More... The post Pension Benefits Up 15% appeared first on DailyGuide
The Social Security and National Insurance Trust (SSNIT) has increased monthly pension payments by 15% in line with its 2024 indexation rate. Following the review which is by Section 80 of the National Pensions Act, 2008, (Act 766) all valid pensioners on the SSNIT pension payroll as of the end of December 2023 will have […] The post SSNIT announces 15% increment in
Nuhu Bayorbo Mahama President Akufo Addo has appointed Mr. Nuhu Bayorbo Mahama as the Chief Executive of the Students Loan Trust Fund. In a letter signed on Tuesday, January Read More... The post Akufo Addo appoints Nuhu Bayorbo Mahama as SLTF Boss
Nuhu Bayorbo Mahama has been appointed as the new Chief Executive Officer of the Students Loan Trust Fund. This was announced in a letter the Chief of Staff, Akosua Frema Osei-Opare, wrote to Mr. Mahama dated January 2, 2024, and sighted by citinewsroom.com. “Pursuant to Section 13 (1) of the Students Loan Trust Fund Act, […] The post Nuhu Bayorbo Mahama
The Graduate Students Association of Ghana (GRASAG) has raised concerns over the non-payment of research support grants, commonly known as bursaries, for graduate students. These grants play a pivotal role in supporting graduate students in their research endeavours, contributing significantly to the advancement of knowledge and overall academic development. However, over the past two years, […] The post GRASAG
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