Deputy Finance Minister Dr. John Kumah has asserted that Ghana’s economy has successfully overcome recent challenges, positioning itself for sustainable growth to benefit Ghanaians. In a Facebook post dated January 19, Dr Kumah highlighted the unanimous approval of Ghana’s request for debt treatment under the G-20 Common Framework. This, he believes, forms the foundation for […] The post We’ve
Finance Minister Ken Ofori-Atta has expressed welcome the International Monetary Fund’s release of the second tranche of Ghana’s extended credit facility with the Bretton Woods institution. According to the Finance Minister, the approval of an additional $600 million for Ghana’s bailout programme signifies the country’s progress in its economic reform trajectory. “Earlier today, the IMF […] The post Release
The International Monetary Fund has commended Ghana for successfully achieving all targets set for the $3 billion three-year extended credit facility. In a statement issued on Friday, January 19, 2024, the IMF highlighted that “Ghana’s performance under the program has been strong. All quantitative performance criteria for the first review and almost all indicative targets […] The post Ghana’s
Pastor Dr. Sam Adeyemi, CEO of Global Leadership Consulting and founder of Daystar Christian Centre-Nigeria, has urged African leaders to seek the good in others and prioritise African citizens in everything they do. He explained that when leaders begin to place value on the life of an African and places them first, they will implement policies and […] The post “Africa’s problem is not
Kristalina Georgieva The International Monetary Fund (IMF) board has expressed its satisfaction with the assurances received from Ghana’s external creditors. Managing Director of the IMF, Kristalina Georgieva, who revealed Read More... The post IMF Boss Happy With Ghana’s Progress
Daniel Wilson Addo The Ministry of Finance has released GH¢2.5 billion in capital to the Consolidated Bank Ghana (CBG) to build its balance sheet resilience. The capital boost forms Read More... The post CBG Receives GH¢2.5bn Capital Boost appeared first on
Diesel and Liquefied Petroleum Gas (LPG) prices are set to decrease, bringing some relief to fuel consumers. The Chamber of Petroleum Consumers (COPEC) in a statement said the reduction Read More... The post Fuel Prices Go Down appeared first on DailyGuide
Representatives of Fidelity Bank and GIRSAL Fidelity Bank Ghana has received two prestigious awards from the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL) for its contributions Read More... The post Fidelity Bank Receives GIRSAL Awards appeared
A cybersecurity expert who doubles as president of the Cyber Security Expert Association Ghana (CSEAG), Abubakar Isaaka, has called on the Cybersecurity Authority (CSA) to collectively work with accredited professionals within the sector to apprehend all individuals behind evolving job scams. He indicated that with a joint effort in conducting “a comprehensive reconnaissance”, they will […] The post
The Ghana Statistical Service (GSS) has commenced field data collection for the 2024 Ghana Integrated Business Establishment Survey Phase I (IBES I). About fourteen thousand (14,000) Field Officers have been trained and deployed by the Service across the country for the data collection exercise. The IBES I focuses on a comprehensive list of all business entities […] The post GSS
Poverty allocation will take the centre stage of the upcoming second edition of the African Prosperity Dialogue (APD). The dialogue is being organised by the Africa Prosperity Network (APN), in collaboration with the Africa Continental Free Trade Area (AfCFTA), under the theme: “Delivering Prosperity in Africa: Produce, Add value, Trade.” In his opening remarks, at […] The post AFCFTA,
The World Bank Group has welcomed the agreement in principle on the key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework. This agreement, which is consistent with the Joint WB-IMF Debt Sustainability Framework, represents a critical milestone toward restoring debt sustainability in this country. […] The post World
Women-led businesses in the country interested in exporting under the Africa Continental Free Trade Area (AfCFTA) will be given bank loans at a subsidiSed interest rate of 10 percent, Ashanti Regional Director, Ministry of Trade and Industry, Mamuda Osman, has said According to him, this is part of governments effort to support women in business […] The post AfCFTA:
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has been recognised for its outstanding contributions to agricultural lending in Ghana – receiving two prestigious awards from the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL). The bank was named the Most Responsive Partner Financial Institution of the Year and earned the Highest Staff […] The post
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has been recognized for its outstanding contributions to agricultural lending in Ghana, receiving two prestigious awards from the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL). The bank was named the Most Responsive Partner Financial Institution of the Year and earned the Highest Staff Participation […] The post Fidelity
In a bid to boost its production capacity, wholly Ghanaian-owned mining giant Adamus Resources Limited, with financial support from its parent company – Nguvu Mining Limited, has launched over a dozen Liebherr brand of haulage trucks at the company’s site at Esiama in the Ellembelle District of the Western Region. The acquisition of the haulage […] The post
Dataware Tech, a leading provider of data analytics solutions, and Yadaba Communications, a boutique communications firm specializing in tech-enabled solutions, are partnering to launch a comprehensive quarterly workshop series designed to equip professionals with the essential skills to harness the power of data analytics. The inaugural workshop, dubbed ‘Empowering Decision Makers: A Comprehensive Journey through […] The post Dataware
Tullow Ghana led the pack at the maiden Chartered Institute of Supply Chain Management (CISCM) Awards held over the weekend in Accra. The company took home five prestigious honours on the night, including the Supply Chain Organisation of the Year and CISCM Woman of the Year for Supply Chain Manager, Otuko John-Teye. The company also […] The post Tullow wins
Ghana’s progress and leadership in the digitaliSation of payments has been hugely acclaimed across Africa. The visionary decision of setting up Ghana Interbank Payment and Settlement System (GhIPSS) by the Bank of Ghana (BoG) in 2007 – and the introduction of mobile money services in Ghana by MTN in 2009 – were two key milestones […] The post Toward
Consolidated Bank Ghana (CBG) has secured GH¢2.5 billion to shore up its capital and build the resiliency of the balance sheet of the bank. The new capital was released to the bank by the Ministry of Finance as part of measures by the government to position the bank for further growth. The Managing Director (MD) …
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