The Ghana Cocoa Board (COCOBOD) has painted a gloomy picture of the potential loss of Ghana’s premium position in the international cocoa market due to activities of illegal mining. In an interview on The Point of View with Bernard Avle, Prof. Michael Kwarteng, Director of the Anti-Corruption Galamsey Unit of COCOBOD, lamented the adverse impact […] The post Ghana
The National Democratic Congress (NDC) says the party will hold a ceremony on Wednesday 24th April 2024 to outdoor the running mate for their flag bearer, John Mahama. The event is scheduled to take place at the Kofi Ohene Konadu Auditorium at the University of Professional Studies (UPSA). In a statement issued by the National […] The post NDC to outdoor Mahama’s running mate on
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
Fidelity Bank, Ghana’s largest privately-owned bank, reaffirmed its commitment to empowering women entrepreneurs during the Women in Business Dialogue Series hosted by the Business and Financial Times. Nana Esi Idun-Arkhurst, Divisional Director, Retail & Business Banking at Fidelity Bank, delivered impactful insights at the event, emphasizing the importance of cultivating investor-ready businesses and Fidelity’s commitment […] The post
A Political Marketing Communicator, Professor Kobby Mensah, has shared his disappointment in the Performance Tracker initiatives by government. He has described it as unfit for purpose and a global disgrace. According to him, the Performance Tracker is not fit for purpose which is very disheartening. “The tracker is not fit for purpose because … I […] The post Govt’s
“Banking is transforming. What a bank will be in 2030 is going to be significantly different from what a bank has been for the past few hundred years.” …Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth Quickening the Pace of Digital Banking Last week we examined some critical training needs that financial institutions can help bridge […] The post
Former President of the Ghana Football Association, Kwesi Nyantakyi, who is contesting the New Patriotic Party’s parliamentary primary in the Ejisu Constituency, has been hospitalized. A source from his campaign team confirmed to Citi News that Mr. Nyantakyi suffered stomach pain on Friday night and was taken to the hospital for treatment. According to the […] The post Kwesi
Former GFA president and a candidate of the Ejisu NPP primaries has stormed the voting center after being admitted at Asokore Mampong hospital on Friday night. The post Ejisu NPP Primary: ‘Weak’ Nyantakyi discharged for election first appeared on 3News.
A foreign-owned mining company is reported to have taken over 100 hectares of rehabilitated cocoa farms at Nkawie in the Ashanti region, allegedly without authorisation, denying the farmers access to their farmlands. According to TV3 News, the company, MIGOP Mining Limited, is conducting mining exploration and development activities in five cocoa communities in the Atwima […] The post Ashanti
A United States-based Ghanaian Professor, Kwaku Asare has told the Scholarship Secretariat to immediately publish the list of beneficiaries on its website. This was after he said the failure of the Scholarship Secretariat to release the soft copy of the list of beneficiaries to the Fourth Estate violates the law. His comment comes after the […] The post Publish
Service standard concerns Freight rates standardisation Transparency and predictability By Mohammed AWAL The Chief Executive Officer (CEO) of the Ghana Shippers’ Authority (GSA), Kwesi Baffour Sarpong, has requested that shipping line charges in the sector be predictable, competitive, transparent and uniform. In his opening remarks during a meeting with the Ship Owners and Agents Association […] The post
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the excessive subscription of government bonds. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the prolonged maturity period of […] The post Many
By Ebenezer Chike Adjei NJOKU ([email protected]) Indigenous financial services provider, CalBank is aiming to raise GH¢600 million in fresh capital through a renounceable rights issue. This capital injection will aid the lender’s recovery from the effects of the Domestic Debt Exchange Programme (DDEP) and fuel its future growth plans. The move will offer existing shareholders […] The post
Traders from Bantama Race Course and Suame markets and those from Kejetia Central and Abinkyi Markets in Kumasi have contributed a total of GHc220,000 to the Heal KATH project. While the women from Kejetia Central and Abinkyi Markets, led by Nana Yaa Foriwaa contributed GHc100,000, the Bantama Race Course and Suame market traders headed by […] The post Kumasi market women donate 220k to Heal
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the new Cash Reserve Ratio by the Bank of Ghana. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the […] The post Many
Popular Nigerian Afrobeat artiste, Joeboy has disclosed that he collaborates with Ghanaian rapper Kwesi Arthur because of a personal connection. The post I collaborate with artistes I have personal connection with including Kwesi Arthur – Joeboy first appeared on 3News.
Fidelity Bank Ghana has been recognised by Ianmatsun Global Services at a ceremony held at the Kempinski Gold Coast Hotel for its steadfast commitment to gender equality. The bank secured a coveted spot among the top 50 employers for gender equality in Ghana and achieving the prestigious distinction of Gender Equality Champion within the banking […] The post Fidelity
The existing scholarship scheme essentially makes the President the ultimate dispenser of scholarships, the Executive Director of the Ghana Center for Democratic Development (CDD-Ghana), Professor H Kwasi Prempah, has said. He says this is ‘ridiculous’ and needs to change. Prof Prempeh indicated that government scholarships for academic or professional study must not be awarded or […] The post Govt
The Executive Director of the Ghana Center for Democratic Development (CDD-Ghana), Professor H Kwasi Prempah, says government scholarships for academic or professional study must not be awarded or administered on a discretionary or opaque basis by a non-academic entity located at or under the Presidency. He is calling for the scrapping of the Scholarship Secretariat. […] The post Scrap Scholarship Secretariat
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