The Development Bank Ghana has injected more than GH¢1billion into the private sector since its inception in June 2022, its Chief Executive Officer, Kwamina Duker, has revealed. This investment, he noted, has played a pivotal role in fortifying over 80 businesses, resulting in the creation of over 6,000 jobs. Thirty-eight percent of these jobs have […] The post DBG
The Agricultural Development Bank (ADB) and five other banks have secured a court order to prevent any sale or transfer of assets of PBC Limited, including its headquarters at Number 106 Olusegun Obasanjo Way, Dzorwulu Junction in Accra. This follows a judgment secured by the six banks against PBC Limited. The other five banks include […] The post ADB,
The Agricultural Development Bank (ADB), alongside five other Banks, has secured a court order to prevent any sale or transfer of assets of PBC Limited including its headquarters at Number 106 Olusegun Obasanjo Way, Dzorwulu Junction in Accra. This follows a judgment attained by the six banks against PBC Limited. The other five banks involved […] The post ADB,
Ousmane Diagana The World Bank has approved a $300 million Development Policy Operation for the country. This first resilient recovery development policy financing is a critical contribution by the Read More... The post World Bank Approves $300m
Sri Lanka’s Parliament has passed a hastily proposed bill to regulate online content, sparking criticism from rights groups and opposition politicians that the government is trying to crack down on dissent and stifle freedom of speech ahead of parliamentary and presidential elections this year. The measure was passed on Wednesday by a 108-62 vote, the […] The post Sri Lanka Parliament
“There have been racial barriers, and it has been challenging to be accepted as Japanese.” That’s what a tearful Carolina Shiino said in impeccable Japanese after she was crowned Miss Japan on Monday. The 26-year-old model, who was born in Ukraine, moved to Japan at the age of five and was raised in Nagoya. She […] The post Controversy after Ukrainian-born model is
A senior Tory MP has called for his party to replace Rishi Sunak as prime minister or be “massacred” in the general election. Writing in the Telegraph, former cabinet minister Sir Simon Clarke said the Conservatives had lost “key voters” by failing to be bold on immigration. But his article was criticised by several other ex-ministers. Former […] The post Backlash after
Six people have died – including three firefighters – after a truck carrying 60 tons of liquefied natural gas crashed and exploded in the Mongolian capital. Hundreds of firefighters had been sent to battle the blaze following the collision with a car in Ulaanbaatar on Wednesday morning, officials said. At least 11 people were injured, […] The post Six dead after liquified
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
A Russian official has accused Ukraine of shooting down a military transport plane in an incident that it says killed 65 Ukrainian prisoners of war (POWs) and nine others. The Russian Ministry of Defence said on Wednesday that Ukraine had shot down the plane, an Ilyushin Il-76, which came down in the Belgorod region. Close […] The post Russia accuses Ukraine of downing plane with 65
The Bank of Ghana (BoG) is prepared to continue the necessary structural reforms to revive the country’s shaky economy. It emphasizes the importance of vigilance and commitment in realigning the country’s economic situation. Following the approval of the second $600 million tranche from the International Monetary Fund (IMF), Dr. Ernest Addison, Governor of the Bank […] The post We’ll
“It’s a difficult decision, but a necessary decision,” he said, “to protect public finances”, and move away from the “whatever it costs” measures introduced to prop up the economy during the Covid-19 pandemic and extended as energy costs skyrocketed with Russia’s invasion of Ukraine. In September the government had promised to not raise electricity prices more than […] The post French
Three people have died after a 7.1-magnitude earthquake rocked a mountainous and remote part of China’s far western Xinjiang region early Tuesday. State broadcaster CCTV reported that a further five people were injured and 12,426 evacuated from affected areas. The quake struck Wushi county, also known as Uqturpan county, in Aksu prefecture near the Kyrgyzstan border shortly after 2 […] The post 3
A gunman suspected of killing eight people in the city of Joliet, Illinois, has died after a confrontation with law enforcement officials, police say. Police in Joliet said Romeo Nance, 23, is believed to have fatally shot himself after the confrontation near Natalia, Texas. He is suspected of killing eight people at multiple locations in […] The post Illinois mass shooting suspect dies in Texas
…marks International Day of Education As the world commemorates the sixth International Day of Education on January 24, 2024, Fidelity Bank Ghana, the largest privately-owned bank in the country, proudly takes a leading role in advocating for the theme ‘Learning for Lasting Peace’, designated by the United Nations. This significant day serves as a poignant […] The post Fidelity
Mansa Nettey Standard Chartered Bank Ghana PLC has announced the opening of applications for Cohort 4 of the Standard Chartered Women in Technology (SCWIT) Incubator Programme. According to the Read More... The post Stanchart Opens Applications For SCWIT Cohort
The awardees Fidelity Bank, Ghana’s largest privately-owned bank, shone with four of its employees at the Ghana Association of Bankers Awards recently receiving noteworthy awards. Amongst the awardees was Read More... The post Bankers Honour Fidelity Enployees appeared first on
The World Bank today, January 23, 2024 approved a $300 million Development Policy Operation for Ghana. The First Resilient Recovery Development Policy Financing is a critical contribution by the Bank’s International Development Association (IDA) to help Ghana’s economic recovery and support the country’s resilient and inclusive growth. “The Government of Ghana remains committed to restoring […] The post World
Europe faces a challenging year ahead. The confluence of several disruptive factors – geopolitical conflict, rising inflation, economic uncertainty, increased regulatory pressure and, last but by no means least, the impact of new technologies – will undoubtedly test leaders to the limit in the coming year. Speaking with business leaders across the region, several common […] The post
Consolidated Bank Ghana LTD (CBG) as part of its fifth-year milestone has held a ‘CBG Meet the Press’ session with editors in Accra to celebrate the impact of the Bank over the years and strengthen ties with the media as is done every year by the Bank. The event brought together distinguished editors from selected […] The post Consolidated Bank Ghana Ltd strengthens
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