Telecel Group, an Africa-focused telecommunication company with expertise in combining telecommunication with Fintech, e-commerce and tech start-ups, successfully acquired 70 percent majority shares in Vodafone Ghana (Ghana Telecommunications Company Limited – GTCL) in February 2023 and is set to bring disruptive innovation into Ghana’s telecom industry with customer-centric products delivered with exceptional customer service. In […] The post
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
Maternal and child health is a cornerstone of societal well-being, reflecting the strength and resilience of communities. In many parts of the world, including Ghana, challenges persist, making the role of effective health education in bridging gaps and improving outcomes for mothers and children paramount. Let us delve into the multi-faceted dimensions of maternal and […] The post
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
Anthony J. Blinken, the U.S. Secretary of State, visited Cape Verde, Côte d’Ivoire, Nigeria and Angola from Jan. 21-26 to strengthen the relationship between the United States and Africa. Blinken’s visit was also to accelerate the U.S.-Africa partnership since the U.S.-Africa Leaders Summit held mid-December 2022 in Washington. The visit highlighted the collaborative efforts in […] The post
The Minister of Energy, Dr. Mathew Opoku Prempeh, underscored the critical role played by the Bulk Oil Storage and Transportation Company (BOST) in fostering economic stability over the past few years. Speaking at an event to commemorate the 30th anniversary of BOST in Accra, Dr. Opoku Prempeh highlighted the state-owned firm’s contributions to economic stability, […] The post
In 2020, Ibrahim decided to start working out at the gym. However, to build the necessary muscle mass for his body type, he must consistently use supplements. Classified as an ectomorph, his body is characterized by its lean and slender figure, with lower levels of body fat and muscle. Individuals with this body type often […] The post Bodybuilders
The World Bank has 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 macroeconomic stability and […] The post
Fidelity Bank, Ghana’s largest privately-owned bank, has emerged as a beacon of excellence with four of its key employees receiving noteworthy awards at the Ghana Association of Bankers Awards ceremony. Their dedication, talent and leadership shone brightly, underscoring Fidelity Bank’s commitment to leadership, innovation and customer protection, even amid recent industry turbulence. Among the luminaries […] The post
As the country grapples with a severe environmental crisis due to the hazardous consequences of secondhand clothing waste, a levy has been proposed to better manage the situation. Across every part of the country, once-vibrant landscapes and communities are now under siege as pollution from discarded garments takes a torturous toll on the nation. Fast […] The post Levy on secondhand
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
Pakistan Expert Tilak Devashree highlighted that Pakistan, unable to handle internal insurgency, is blaming India for the ongoing Baloch atrocities to deflect from its inability to handle the situation. He pointed out that Pakistan has a history of not acknowledging its mistakes and tends to externalize them. “Pakistan is not able to handle its internal […] The post
The government is urgently seeking to build on the momentum of its debt restructuring efforts, following the recent agreement with official creditors to restructure debts extended to the country up until December 2022. Having overcome this hurdle, Reuters reports that government officials will re-engage with its international bondholders from next week, seeking to continue discussions […] The post
The University of Media Arts and Communication’s Directorate of Research, Innovation, and Development (DRID) is preparing to delve into contemporary public relations trends during the 2024 New Year Public Lecture. The lecture, which will be on the topic ‘Public Relations: Current Trends, Challenges, and 21st Century Opportunities,’ seeks to discuss new and effective ways of […] The post
…plead with Asantehene to intervene Members of the Combined Kumasi Central Market Traders Association have taken a swipe at government over the abandonment of Kumasi Central Market Redevelopment Project phase II a year ago. They describe as “lies” information given to them when the project stalled last year – that the project has gotten to […] The post Kumasi
An all-inclusive women’s network, Women in Insurance Network of Ghana (WING), has been duly launched to improve participation of women in the insurance ecosystem. The presence of such a network is critical as the latest Future One Agency Universe Study postulates that globally, while women drive the insurance industry – forming over 60 percent of the workforce […] The post WING
Fiscal space, in its simplest form, is the capacity of governments to adjust their revenue and expenditure policies to overcome economic shocks and foster growth. It is a precarious balance between short-term responsiveness and long-term prudence. It is essential to realise that fiscal space is not an abstract concept. It is tangible and can be created through […] The post
The Bimbilla Hospital in the Nanumba North municipality of the Northern region is celebrating a significant milestone: an entire year of zero maternal deaths in 2023. During 2023, the hospital successfully facilitated over 1,800 births without any maternal deaths, marking a historic achievement in 14 years. The Bimbilla Hospital has earned recognition as the best […] The post Bimbilla
The government has announced that it has reached an agreement with its Official Creditors in restoring debt sustainability in line with the International Monetary Fund (IMF) programme targets. The government is seeking to secure the 2nd tranche of the IMF bailout after securing the 1st tranche in 2023. The government embarked on a Domestic Debt […] The post IMF
Over the last 15 years, one of the major developments that has revolutionized and disrupted the entire financial sector in Ghana is the emergence of Mobile Money Services (MoMo). Though MTN launched its Mobile Financial Services (MFS) in 2009, many Ghanaians were yet to warm up to it as a safe mode of payment in […] The post Navigating
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