Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has revealed that the central bank intends to hand over the Gold for Oil programme to a commercial bank to operate. This, he said, would allow for the BoG to focus on its core mandate. Asked by Buem lawmaker Kofi Adams whether this programme is […] The post Bank of Ghana seeking to hand over Gold for
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has assured the Public Accounts Committee (PAC) of Parliament that by next year the central bank will see a huge jump in its holdings of gold due to the Gold For Reserves programme. He said that the full benefits of the programme have not […] The post Governor Addison assures PAC of ‘a big jump’ in BoG’s holdings
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has declared that Ghana’s economy is on an upward trajectory compared to previous years. Previously, the economy had experienced a downturn, prompting the government to seek a $3 billion International Monetary Fund (IMF) bailout. However, during his address to the Public Accounts Committee of […] The post Ghana’s
Star Assurance Group, the parent company of Star Assurance, StarLife Assurance, Star Microinsurance, Star Health Insurance and Pensol Capital Trust, has appointed Samuel Kweku Ocran as its Group Chief Executive Officer. He takes over the leadership role from Kofi Duffuor, the former Chief Executive Officer, who has served the Star Assurance Group and its subsidiaries […] The post Samuel
The Local Organizing Committee (LOC) for the African Games has decided to compensate volunteers for the just-ended African Games held in Accra with an allowance of GHS1,000.00. This follows protests by the volunteers over unpaid stipends allegedly promised to them by the organizers. Some of the volunteers reportedly have to hold the Minister for Youth […] The post African
President Nana Addo Dankwa Akufo-Addo and his Italian counterpart, His Excellency Sr. Sergio Mattarella has taken the longstanding Italy-Ghana relations a notch further following the post-easter state visit of President Mattarella to Ghana on Friday 5th April, 2024. The purpose of this visit by the Italian President to Ghana is to re-affirm the ties of […] The post AfCFTA-focused
The Group CEO of Media General Limited, Madam Beatrice Agyemang who was adjudged the 2023 ‘WOMAN OF THE YEAR’ at the prestigious EMY Africa Awards event, has urged business leaders to innovate and keep pace with the needs of customers. Speaking to journalists at the launch of the 8th edition of the EMY Africa magazine […] The post GCEO
The Ghana Union of Traders’ Association (GUTA) says the proposal by the Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, to implement a new flat tax regime along with a tax amnesty is a step in the right direction, which the Union says, will significantly boost their businesses to grow. As part of […] The post GUTA welcomes Bawumia’s proposal for tax amnesty &
The Government of Ghana, in collaboration with stakeholders, has announced a significant increase in the Producer Price of cocoa for the remaining period of the 2023/24 crop year. This Read More... The post Govt
The much anticipated Ghana Comedy Awards scheme, organised by Creative Republic has officially announced the date for the main event, which takes place on 20th April 2024 for its maiden edition after it was separated from its merger with Poetry, formerly called the Comedy & Poetry Awards (CoPoAwards). The Scheme is currently the most talked […] The post Ghana Comedy Awards 2024
The Ghana Armwrestling Federation today paid a courtesy call to the Comptroller-General of Immigration (CGI), Lawyer Kwame Asuah Takyi. The post Armwrestling medalists visit Comptroller General of Immigration first appeared on 3News.
The Ghana Comedy Awards for this year has been scheduled to take place on April 20 at the SNAP CINEMA inside the A.M.A Head office in Accra. The post Ghana Comedy Awards 2024 slated for April 20 first appeared on 3News.
The Board of Cal Bank Ghana PLC has approved a GHS 600 million renounceable rights issue to be sourced through private placement of ordinary and preference shares to new investors. The issuance comprises 1,872,461,736 ordinary shares of no-par value, priced at GHS 0.29 pesewas per share, and 196,503,781 preference shares of no-par value, also priced […] The post CAL
The African Continental Free Trade Area (AfCFTA) Secretariat has announced its commitment to mobilize $10 billion to bolster the development of small and medium-scale enterprises led by youth across Africa. The AfCFTA revealed that it has already allocated $150 million to support the burgeoning businesses of young entrepreneurs in Africa. Additionally, it aims to augment […] The post AfCFTA
Celebrated Ghanaian musician, Okyeame Kwame has showered praises on the talented musician, King Paluta for his exploits. Many say considering the number of years King Paluta has been around, he has not received the corresponding recognition. Thankfully in recent times, the artiste has been able to garner the needed spotlight and has capitalised on that […] The post “King
A group photograph of the participants after the training Some selected staff of the Electricity Company of Ghana (ECG) have undergone a three-day training aimed at empowering the participants with Read More... The post ECG Staff Receive Gender Equity Training appeared first
Dr. John Kwakye The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye says government must accept responsibility for the economic outcomes during the 2020-22 Read More... The post ‘Accept Responsibility For Economic Outcomes’ appeared
Ghana and Kenya has formed a bi-national commission to elevate their relations. The agreement was reached at Jubilee House on Wednesday, April 3, 2024 when the President of Kenya, William Ruto, visited President Akufo-Addo. He was on a 3-day official state visit to Ghana to strengthen the ties of cooperation that exist between the two […] The post Ghana and Kenya form bi-national Commission appeared
Business communities in Ghana and Kenya have appealed to their respective governments to consider procuring vessels to aid intra-countries trade. The Ghana Chamber of Commerce and the Kenyan Association of Manufacturers were in sync on this advocacy, at a business forum for Ghana and Kenya held in Accra on Wednesday, April 3, 2024. The two […] The post Biz communities
The depreciation of the Ghanaian cedi against the US dollar continues its upward trend on the commercial forex market, with the loss in value nearing 10% for the first four months of 2024. Since the beginning of the year, the cedi has experienced marginal depreciation marking a year-to-date depreciation of approximately 9.37%. However, this marks […] The post Cedi-dollar
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