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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 Office of the President of South Africa, Cyril Ramaphosa, has stated that the country will hold national and provincial elections on May 29, 2024. Ramaphosa’s ruling African National Congress (ANC) party is expected to face a tough challenge to retain its parliamentary majority in the country’s seventh democratic election since the end of the […] The post South Africa
The Teachers and Educational Workers Union (TEWU) has vehemently urged the Office of the Special Prosecutor (OSP) to promptly release all frozen salaries owed to its members. The Association alleged that the OSP has withheld the salaries of more than 400 teachers during its investigation of ghost names on the government’s payroll. Speaking to Citi […] The post TEWU
Education think tank, Africa Education Watch has begun manifesto consultations with various political parties to incorporate policies targeted at investing in basic education into their manifestos. According to EduWatch, the neglect of investment in basic education infrastructure has necessitated the need for political parties to ensure their manifestos align with the broad vision of the […] The post EduWatch
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
Dr. Ernest Addison (M) with the delegation An eight-member delegation from the Stellar Development Foundation (SDF), last Thursday paid a courtesy call on the Governor of the Bank of Read More... The post BoG, SDF Hold Talks On Creative Industry Financing
The Ministry of Roads and Highways has disclosed that the GH¢150 million allotted toward engaging and paying road contractors to patch potholes across the country is just one of many projects aimed at improving the country’s road network. The ministry’s head of public relations, Nasir Ahmad Yartey, explained that “the whole idea is to move […] The post GH¢150m
The Minister for Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey, has participated in the 44th Ordinary Session of the Executive Council of the African Union (AU), which was held under the theme ‘‘Educate an African Fit for the 21st Century: Building Resilient Education Systems for Increased access to Inclusive, Lifelong, Quality and Relevant Learning […] The post
…Group CEO Jeremy Awori presents Ecobank Best Goalkeeper Trophy As the 34th edition of the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 drew to a thrilling close on Sunday, Ecobank, the leading pan-African banking group, celebrates the remarkable achievements and spirit of unity witnessed throughout the tournament. Jeremy Awori, Chief Executive Officer, Ecobank […] The post Ecobank
Sekyere Rural Bank Plc has over the past four decades held certain corporate values of achieving an excellent relationship with customers and giving the best to shareholders. These values have been at the forefront of the bank’s operations and forms part of the fundamental element on which the bank was established. Since its establishment, the […] The post
By Pearl Annoh I have heard my friend Professor Robert E. Hinson say times without number, there are two things we do from when we are born to when we die: “oral presentation and written presentations”. I agree with him and in today’s dynamic business landscape, the ability to articulate thoughts, convey messages, and foster […] The post OutStandingBrands24:
A renowned food scientist, Dr. Mavis Owureku-Asare, has urged research and academic institutions to spearhead innovation in agrifood systems in Ghana. Speaking at the 6th edition of the KNUST Food Festival organized by the Kwame Nkrumah University of Science and Technology on February 16, 2024, Dr. Owureku-Asare delivered a keynote address titled: “Innovation in Traditional […] The post Tertiary
By Julie LeBLANC The United States is deeply committed to its role as a steadfast economic and commercial partner to African nations. This commitment was recently highlighted by Secretary of State Anthony Blinken’s visit to West Africa, including stops in Nigeria – both in Abuja and Lagos – as well as in Cabo Verde, Cote […] The post The United States deeply
President Nana Addo Dankwa Akufo-Addo has proposed that 30 per cent of Africa’s sovereign reserves held in foreign banks be invested in the continent’s financial institutions. “We should decide that a minimum of 30 per cent of the reserves of each one of us, should, be invested in the multilateral institutions,” he said, citing the […] The post Thirty
A student’s vow to overthrow one of Africa’s last ruling monarchs faces a roadblock: his own father, a soldier sworn to protect the throne.
In a proactive effort to bolster community involvement in counter-terrorism measures, the Ministry of National Security, through the “see something, say something” campaign, has engaged over thirty-six (36) basic schools across various districts in the Greater Accra Region. This initiative aims to raise awareness about the “See Something, Say Something (SSSS) campaign among students using […] The post National
An eight-member delegation from the Stellar Development Foundation (SDF) led by Hollywood actor, Dr. Idris Elba and the SDF CEO, Denelle Dixon, paid a courtesy call on Dr. Ernest Addison, Governor of Bank of Ghana, on Thursday, 16th February 2024. The non-profit organization, whose objective is to use blockchain to unlock the world’s economic potential […] The post Idris
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