Dr. John Ofori-Tenkorang (5th right) with other members of NPA The Social Security and National Insurance Trust (SSNIT) has continued its support for the National Pensioners Association (NPA) by Read More... The post SSNIT Donates GH¢1m For Pensioners’
Binatone, a brand known for its innovative and high-quality products has unveiled its 50th Anniversary in Africa logo to mark the beginning of a year-long celebration. This is not Read More... The post Binatone Unveils 50th Anniversary Africa Logo appeared first
By Abdallah Kassim TIJANI Data has become the secret weapon that has propelled the growth of the digital economy in the current digital era. Much like oil was formerly thought to be the lifeblood of countries, data is currently the most important component in driving global industry transformation and economic growth. The World Economic Forum […] The post Data is the
Andrew Egyapa Mercer, the Tourism Minister-designate, has expressed enthusiasm about his new role, highlighting the significant opportunities within the tourism sector. His nomination on February 14 was part of a broader cabinet reshuffle announced by President Nana Addo Dankwa Akufo-Addo, marking changes in key ministerial positions since his assumption of office in 2017. In an […] The post There
By Barry EICHENGREEN For precisely three years, the economics profession has been collectively fixated on inflation. February 2021, exactly 36 months ago, was the last time consumer-price-index inflation in the United States (all items, 12-month percentage change) was at or below the Federal Reserve’s 2% target. This recent episode of above-target inflation now shows signs […] The post The
An associate professor of economics at Niagara University, Dennis Nsafoah, has described the 2024 budget as a victory for the country’s fiscal authorities but an economic burden for Ghanaian households and businesses. Speaking at The Investment Dialogue organized by Citi FM/Citi TV in collaboration with Tesah Capital on February 15, Professor Nsafoah said the former […] The post 2024
It appears the debate on which political party better manages the Ghanaian economy has been settled, as US-based Ghanaian economist, Prof. Dennis Nsafoah, says he hasn’t observed any significant difference after analysing economic data from 1992. The New Patriotic Party (NPP) has consistently claimed that it manages the Ghanaian economy better when in power compared […] The post Better
By Katharina PISTOR Rulers have always found it hard to accept limits on their power. When the French parliament disputed Louis XIV’s edicts in 1655, the king of France and Navarre is said to have responded: “L’état, c’est moi” (“I am the state”). The ensuing age of absolutism in France ended only with the French […] The post Elon Musk and the absolutist revival
Banking consultant, Dr. Richmond Atuahene, has called on the government to provide more affordable funds to private sector players to help stimulate the country’s economy. He stated that this approach would enhance the Gross Domestic Product (GDP) and promote economic stability. During an Investment Dialogue on Citi TV on Thursday, Dr. Atuahene pointed out that […] The post ‘Give
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has donated GHS 110,920 to the Design & Technology Institute (DTI) in Accra. The contribution, championed by the Bank’s Corporate and Institutional Banking department would support the education of ten promising students, empowering them for success in the burgeoning field of technology and design. DTI, a leading […] The post Fidelity
Citi News has gathered that barring any last-minute decision, President Nana Addo Dankwa Akufo-Addo may announce a major shake-up in his government today, Wednesday, February 14th, 2024. This will mark Akufo-Addo’s major ministerial reshuffle since assuming office in January 2017. With barely ten months to the 2024 polls, the President is expected to announce significant […] The post Akufo-Addo
The Social Security and National Insurance Trust (SSNIT) has continued its support for the National Pensioners Association (NPA) by presenting a cheque of GHS1 million. This donation is specifically aimed at supporting the healthcare of pensioners enrolled on the NPA’s Pensioners Medical Scheme (PMS). This contribution is in fulfilment of a commitment by SSNIT’s Management […] The post SSNIT
The Ghana International Trade Commission has announced a 65 percent quota on the importation of cutlasses into the country, effective March 30, 2024, for a 24-month period, subject to review. This decision stems from a trade petition filed by Crocodile Machete Ghana Limited, citing an influx of imported machetes impacting its competitiveness and operational costs. […] The post GITC
Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam has been announced as the new Minister of Finance. He takes over from Ken Ofori-Atta who was relieved of his duties by President Nana Addo Dankwa Akufo-Addo in a major government reshuffle on Wednesday. In February 2023, Dr Mohammed Amin Adam was announced Minister […] The post Amin Adam replaces Ofori-Atta
Ghana’s inflation witnessed a marginal uptick from 23.2 to 23.5 percent for January 2024. This is a reversal of the consecutive declines recorded between July and December 2023. This slight acceleration in consumer prices is attributable to the increase in Non-food inflation drivers mainly accommodation and clothing. However, food inflation continued to ease during the […] The post Inflation
Jemima Mamaa Oware The Office of the Registrar of Companies (ORC) has announced processes to remove 8,531 companies limited by shares in default for more than two years from Read More... The post ORC To Strike Out 8,531 Companies appeared first on DailyGuide
Participants at the Swedru Conversation. INSET: Dr. Roger Kanton Former Research Scientist with the Savannah Agriculture Research Institute (SARI), Dr. Roger Kanton has lamented the increasing importation of onions, Read More... The post ‘Onions, Tomatoes Importation
Dr. Ernest Addison DR. ERNEST Addison, Governor of the Bank of Ghana, has commended GCB Bank for contributing positively to promoting financial intermediation as the second largest bank in Read More... The post BoG Governor Commends GCB Bank appeared first on DailyGuide
Fidelity Bank Ghana has donated GH¢ 110,920 to the Design & Technology Institute (DTI) in Accra. This contribution, championed by the bank’s Corporate and Institutional Banking Department, will support Read More... The post Fidelity Bank Fuels Industrialisation
Access to financial services continues to play a pivotal role in driving economic growth in nations across the globe. In the wake of rapid post-COVID-19 structural transformations in economies worldwide, the issue of financial inclusion has taken centre stage in national policy discussions. Financial inclusion stands as a vital indicator for inclusive growth in any […] The post
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