Celebrated Ghanaian actress, model, and film producer Yvonne Nelson has raised concerns about the ongoing power outages in Ghana. Taking to her social media platform, the renowned actress expressed her frustration regarding the frequent blackouts in the country, using the local term “Dumsor” to describe the situation. She directly addressed President Nana Akufo-Addo, emphasizing that […] The post Fix
OmniBSIC Bank marked another milestone with the successful conclusion of its 4th edition Health Walk, on Saturday, March 2, 2024, fostering a spirited atmosphere of community engagement and well-being in the process. The event brought together a diverse group, exceeding previous participation with staff, customers, vendors, and esteemed guests including the bank’s full Board of […] The post
The Ministry of Health (MoH) is set to meet with the Ministry of Finance (MoF) on Monday, March 10, to expedite the clearance and recruitment process for unemployed nurses. This decision comes in response to the dissatisfaction expressed by the Coalition of Nurses and Midwives in the Northern Region, particularly directed at the government, MoH, […] The post MoH
The Africa Education Watch (Eduwatch) has called on the Minister of Finance, Mohammed Amin Adam, to release outstanding funds for procuring desks under the 2023 Ghana Education Trust Fund (GETFund) formula. It has also urged the Ministry of Education to increase allocations for desks to basic schools to at least GH¢60 million in the 2024 […] The post Release
By Elizabeth PUNSU, Kumasi The Amenfiman Rural Bank PLC at Wasa Akropong in the Wasa Amenfi East District in the Western Region has inaugurated its branch in Adum, the heart of business and trade, at the central business district of Kumasi. This adds to the already existing three branches since its penetration into the Ashanti […] The post Amenfiman Rural Bank opens Adum
We hereby bring to the notice of the general public, a publication of the list of persons having accounts with Absa Bank Ghana LTD that have not been operated for a minimum of five (5) years and are classified as dormant, in accordance with the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930). The […] The post Absa Unclaimed and Dormant Account 2024
The Director of Business Operations at Dalex Finance, Joe Jackson, has emphasized the pivotal choice facing Ghana regarding foreign aid and the potential economic consequences linked to the enactment of the Anti-Gay Bill. In light of the Ministry of Finance’s appeal to President Nana Addo Dankwa Akufo-Addo to withhold assent to the recently passed anti-LGBTQ […] The post Anti-Gay
Togbe Afede XIV, the Agbogbomefia of the Asogli State, has strongly criticised the recent decision by the Bank of Ghana (BOG) to reduce the policy rate from 30% to 29%, describing it as nothing more than a “big joke.” The BOG’s Monetary Policy Committee (MPC) announced this cut on January 29, 2024, with Togbe Afede […] The post BoG’s 1% policy rate cut
Ghana Premier League giants, Accra Hearts of Oak have officially dissolved their board in anticipation of the forthcoming annual general meeting. The board, consisting of eleven members including Togbe Afede XIV, Frank Nelson, Dr. Nyaho Nyaho-Tamaloe, Prof. Kofi Kumado, Ivy Heyward-Mills, Alhaji Alhassan Andani, Thomas Kwesi Esso, Eric Barimah-Atuahene, Alhaji Imoro Briamah, Vincent Sowah Odotei, […] The post OFFICIAL:
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 government paid a total of GH¢300,385,317.52 as judgement debt between 2017 and 2022. The Ministry of Finance made this known in an updated information on judgement debt payment dated August 2023. The Ministry revealed that the payments were made to over 60 individuals and organisations. For instance, in 2017, Albert Osei was paid GH¢279,412.83; […] The post Over
Sharon Dede Padi Ghanaian artist, Sharon Dede Padi, is gearing up to break the Paint-a-Thon record while drawing attention to the often-overlooked contributions of female artists in Ghana. Scheduled Read More... The post Sharon Dede Padi Takes On Paint-A-Thon appeared first
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
In today’s dynamic financial landscape where borders are increasingly blurred and customer demands transcend local confines, only institutions with a forward-thinking global perspective can truly thrive. Fidelity Bank, Ghana’s foremost privately-owned bank, exemplifies this ethos, consistently surpassing local standard while making its mark on the global stage. Seamless banking solutions for a connected world At […] The post
The Group Managing Director (GMD) of UBA Group, Mr. Oliver Alawuba, recently paid a working visit to the Governor of the Bank of Ghana, Mr. Ernest Addison, in a meeting that underscored UBA’s commitment to regulatory compliance and strategic expansion in Ghana and beyond. Mr. Alawuba assured Governor Addison that UBA would continue to adhere […] The post Governor
The government, according to the Controller General, has adjusted the salary of public sector workers by 23 percent, following the conclusion of negotiations on the 2024 base pay. The Controller and Accountant General, Kwasi Kwaning-Bosompem, told the Daily Graphic that the 23 percent adjustment took effect on January 1, this year. According to the Daily […] The post 23% salary increment
By Raghuram G. Rajan & Viral V. Acharya Almost a year after the mini banking crisis in the United States, it is worth revisiting the episode. Was it just a tempest in a tea-cup? Was there really a systemic threat, or was it just a problem with a few banks? Should the interventions by the […] The post The danger of forgetting the 2023 banking crisis appeared
The value of loans granted by financial institutions fell by 54.9 % in the last quarter of 2023. The total amount of secured loans registered by banks and Specialized Deposit-Taking Institutions (SDIs) stood at almost GH¢5.9 billion compared to the GH¢13.2 billion in the same period of 2022. This huge decline of GH¢7 billion in […] The post Total value of secured loans
President Akufo-Addo President Nana Akufo-Addo has urged Africa Union (AU) members to back the implementation of a mobile phone interoperability system that spans across the continent. He argued that the Read More... The post AU Summit… Nana Calls For
Homeownership is one of the most rewarding experiences in one’s lifetime. It is an important decision to make and requires the right type of financing options to suite the purpose. Buying your first home has been made easy through Republic Bank’s Home Purchase products. Existing homeowners can also take a mortgage to renovate, expand, release […] The post OutStandingBrands24:
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