Fidelity Bank Ghana LTD has responded to claims that it sold dollars to the Electricity Company of Ghana (ECG) at rates different from the ones announced by the Bank of Ghana. The company in a statement insisted that the allegation “is false and misleading, and we have not had any FX deal with ECG at […] The post Fidelity Bank Ghana responds to allegations of
In a recent development, the Concerned Drivers Association of Ghana (C-DAG) and transport operators have taken the decision to suspend three of its executive members with immediate effect. The Read More... The post No
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
As part of activities marking its 20th Anniversary celebrations, Opportunity International Savings and Loans Ltd. (OISL) paid a courtesy call to His Majesty, Otumfuo Osei Tutu II during the Akwasidae Festival. The purpose of the visit was to express gratitude to His Royal Majesty for his support since the inception of the company which started […] The post Opportunity
…through set up of Northshore Apparel GH Limited 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 […] The post Germany, ADB support
The Resilience Against Climate Change (REACH) project recently held a significant ceremony in Wa, capital of the Upper West Regional, where conservation agriculture (CA) tools worth over GH¢650,000 were handed over to key partners. The event marked a crucial step in advancing sustainable agriculture practices in the region. The specialized CA tools, including no-till planters, […] The post
By Effie AMISSAH The banking industry underpins the financial services industry in the country. Regulated by the Bank of Ghana, the industry provides an avenue where cash, credit and other financial transactions for both individuals and businesses are accessed. According to the 2023 Price Water House Coopers Banking Survey Report, the banking industry contributed GHC16.21 […] The post The
The Association of Ghana Industries is in support of efforts by the Tree Crop Development Authority and others to crack down on smuggled vegetable oil in the Ghanaian market. The Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security on Tuesday closed […] The post Action
By Chen WENLING Western media has frequently adopted a pessimistic stance towards the Chinese economy. These narratives reveal the underlying pressure and apprehension certain Western countries experience in the realm of economic competition. By downplaying China’s economic prowess, their objective is to undermine China’s global standing and influence. Nevertheless, these portrayals often fail to acknowledge the […] The post
By Ernest Bako WUBONTO The Deputy Minister of Finance, Dr. John Kumah, has stressed the critical role entrepreneurs play in the socio-economic development of the country. Dr. Kumah said entrepreneurs have demonstrated over the years, especially in times of crisis like the COVID-19 pandemic, that they are the true lifeline of the economy. Dr. John […] The post Deputy
The International Chamber of Commerce (ICC) and other associations urge WTO members to support continuation of the Moratorium on Customs Duties on Electronic Transmissions at the WTO’s Thirteenth Ministerial Conference (MC13). Allowing the Moratorium to expire would be a historic setback for the WTO, representing an unprecedented termination of a multilateral agreement in place nearly […] The post
In a heartwarming display of compassion and love, Focus 1 Group Limited, owners of Beach FM in Takoradi, have extended a benevolent hand to the inmates of Sekondi Central Prisons with an array of essential items on Valentine’s Day worth over GH¢80k. This was made possible by its Adu-Mante Foundation, which has made it an […] The post Love
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Finance and economic experts argued that Ghana could take advantage of its service industry to boost the economy. Time has proven that that ambition is far-fetched. The service industry in Ghana – from the hospital, hospitality, educational institutions through legal services to banking services – is self-satisfaction of the staff rather than the customers who […] The post
The leader of the New Force Movement, Nana Kwame Bediako a.k.a Cheddar, paid a courtesy call to the leadership of the Ghana Journalists Association (GJA) in Accra on Tuesday to discuss his vision and purpose for the country. Addressing the media at the meeting, the business mogul pointed out that he has a purpose for […] The post Cheddar outlines vision
At least 112 people have been killed by forest fires in Chile’s Valparaíso region, local authorities have said. Gabriel Boric declared a state of emergency and said he would make “all necessary resources” available to tackle the situation. It is believed to be Chile’s deadliest forest fire on record. Many of those affected were visiting […] The post Chile
The outgoing MCE A cross-section of residents in the Nzema East Municipality of the Western Region, have expressed mixed reactions about the removal of their Municipal Chief Executive (MCE), Read More... The post Mixed Reactions Greet MCE’s Removal appeared first on
demonstrates commitment to community safety In an initiative to promote community safety and well-being, Republic Bank Ghana has presented 50 life jackets to schoolchildren at Fanaa in the Ga South Municipality of the Greater Accra Region of Ghana. The life jackets donation aligns with the bank’s corporate social responsibility under its ‘Power to Make a […] The post Republic
As many as 46 people have been killed in forest fires raging in Chile, President Gabriel Boric said on Saturday. He added that the number of victims is likely to rise, NBC News reported. Chilean Interior Minister Carolina Toha, in a press conference, said 92 active fires are burning in Chile, affecting more than 43,000 […] The post Raging forest fires in Chile kill 46;
The Iraqi government has strongly condemned US strikes which targeted sites used by Iranian-backed groups in Iraq on Wednesday. A spokesperson for Iraqi Prime Minister Mohammed Shia al-Sudani said they “blatantly” violated his country’s sovereignty. The US said its “proportionate” attacks had targeted “Iran-affiliated groups”. The paramilitary Popular Mobilisation Forces (PMF) said the “treacherous” US […] The post Iraq
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