Governor of the Bank of Ghana (BoG), Dr Ernest Addison has said that banking is a profitable business in Ghana. This explains the reasons why more investors want to move into the sector and inject their capital there, he said. Dr Addison said this while answering a question as to whether or not investors have […] The post Banking is a profitable business in Ghana – Governor Addison
The Ghana Music Awards is set to unveil its sponsor for the 25th anniversary on Thursday, March 28. The post Ghana Music Awards to announce nominees and sponsors for 25th edition on March 28 first appeared on 3News.
Officials of the Electricity Company of Ghana in the Ashanti Region have commenced an exercise to inspect all distribution transformers in the Region. The exercise is to help the company know the current state of all transformers to enable it serve customers better. The exercise, which started across all twenty-one (21) districts in the Ashanti […] The post ECG officials
Minister of Finance, Dr. Mohammed Amin Adam, has disclosed that Ghana’s agriculture sector expanded by 4.5 percent for the year 2023. The minister in the ‘2024 1st Monthly Press Briefing on the Economy’ added that the livestock, crops, and fishing subsectors also expanded by 6.5, 4.8, and 4.1 percent respectively. “Agriculture sector which expanded by […] The post Ghana’s
The Ministry of Finance has emphasized the progress of the cedi since 2023, asserting that the currency has exhibited stability against major currencies. Finance Minister Dr. Mohammed Amin Adam highlighted this achievement during the Ministry’s Monthly briefing in Accra on Tuesday, March 26, 2024. Dr. Adam pointed out that from February to December 2023, the […] The post Cedi
Jerome Opoku celebrated a milestone in his burgeoning international career, finding the back of the net for Ghana in a thrilling 2-2 draw against Uganda in a friendly encounter on Tuesday. The Istanbul Basaksehir defender opened the scoring with a well-placed header from a pinpoint delivery by Jordan Ayew. Unfortunately, the jubilation proved fleeting as […] The post Ghana defender
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the Cedi was relatively stable in the first quarter of 2024 against the major trading currencies, especially the Dollar. He says they expect the stability to continue. Answering questions at the 117th Moneyray Policy Committee (MPC) press conference in Accra on Monday […] The post Cedis is relatively stable
As part of this year’s International Women’s Day celebrations, Stanbic Bank Ghana hosted a webinar focused on fostering a culture of inclusion in business operations. This initiative underscores the bank’s ongoing commitment to empowering women across the country.. Leading the discussion, the Head of Client Coverage at Stanbic Investment Management Services (SIMS), Desmond Bredu, highlighted […] The post
Societe Generale Ghana has launched a new promo dubbed ‘Ya Te So Biom’ Loans Promo. The offer, open to all Societe Generale customers and non-customers on the Controller and Accountant General’s Department (CAGD) payroll, provides loans at competitively low annual interest rates. Societe Generale Ghana in 2023 launched the very successful Yateso Loan promo which […] The post Societe
The National Food Suppliers Association of Ghana (NAFSAG) has announced its intention to picket at the premises of the Ministry of Education if the outstanding debts owed to its members are not settled within the next 14 days. In a statement released on March 26, NAFSAG expressed concern over the unfair distribution of funds to […] The post Food suppliers
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has said that Nigeria is currently saddled with a crisis related to the challenges posed by its currency, the Naira. He said this is similar to what Ghana went through in 2022 when inflation kept rising, coupled with the rapid depreciation of the Cedi. Reuters […] The post Naira woes: Nigeria going through
In a landmark visit highlighting its commitment to knowledge sharing and industry collaboration, Fidelity Bank Ghana, the nation’s largest privately owned bank, welcomed a delegation of 35 students and faculty from Columbia Business School, a world-renowned institution for business education. The visit, held at Fidelity Bank’s head office at Ridge Towers in Accra, served as […] The post
A stalwart of the opposition National Democratic Congress (NDC), Kwesi Ahwoi has apologised to the party’s flagbearer, John Dramani Mahama, and his running mate, Prof Naana Jane Opoku-Agyemang, regarding his remarks in a viral video. During an event in Accra for Prof. Opoku-Agyemang, Mr. Ahwoi suggested that she should be ready for any scenario that […] The post Kwesi
As part of efforts to help solve sanitation issues at Ejisu RC School, the Antwi Mensah and Family Foundation has commissioned a 15-seater toilet facility for the Junior High School, Primary and the KG including washrooms. The facility comprises a common shower for the kindergarten as well as changing rooms for both male and female […] The post Antwi
Field officers hired by the Electoral Commission (EC) for the 2023 district-level elections are expressing frustration over the delay in receiving their payments. These officers played crucial roles during the elections, which involved training and deploying over 100,000 officials to 38,000 polling stations nationwide in December of the preceding year. Despite assurances from the EC […] The post District-level
Prudential Bank Ltd (PBL), a leading indigenous bank, has held its maiden women empowerment seminar on the theme “Empowering Women for Sustainable Business Growth”. The event, held in Accra, was targeted at the female employees of the bank in line with principle four of the Ghana Sustainable Banking Principles (GSBPS) of the Bank of Ghana, … The post Prudential Bank holds
The Minority in Parliament has criticized President Akufo-Addo for the delay in addressing the KPMG report on the audit of the revenue mobilisation contract between the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Ltd (SML). Despite SML refuting claims made in an investigative piece in December 2023, stating that it was awarded a 5-year […] The post We’ll
The Volta River Authority (VRA) has told the Chief Executive Officer of the Independent Power Generators, Ghana (IPGG) Dr Elikplim Kwabla Apetorgbor to stop misleading the public regarding his comments that the VRA’s export activities are affecting the supply of energy to the Ghana market. The VRA indicated that Dr Kwabla Apetorgbor’s claim was erroneous […] The post Power
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will be holding the 117th press conference today Monday, March 25. The MPC is expected to announce major policy decisions including whether or not the policy should reduce. The MPC is also expected to talk about the performance of the Cedi against the dollar […] The post Bank of Ghana to announce key decisions
By Samuel SAM The need to inspire and empower more successful women entrepreneurs to drive socio-economic development was highlighted at the GNCCI-GIZ Women Conference held in Tamale under the theme ‘Making AfCFTA Work through a Deliberate Inclusion of Women Entrepreneurs’. At the event, Hamidu Hamza Saana, the Northern Regional Director of the Ministry of Trade […] The post
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