Dr. Ernest Addison, BOG Governor The Human Right Division, Accra High Court, has dismissed an application filed by Dr. Papa Kwesi Nduom, GN Saving and Loans Company and others for Read More... The post ‘Central Bank Revoked GN Bank Licence Legally’ appeared
Dr. Ernest Addison – Governor of Bank of Ghana The Bank of Ghana (BoG) has announced a significant reduction in its Monetary Policy Rate, also known as the base Read More... The post BoG Lowers Base Rate To 29% To Stimulate Economic Growth
Telecel Group, an Africa-focused telecommunication company with expertise in combining telecommunication with fintech, e-commerce, and tech start-ups successfully acquired 70% 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 a […] The post Vodafone
Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, has called on young graduates to embrace the journey of discovery as they begin their lives out of school. Mr. Asomaning said this at the graduating class of 2022/2023 of the College of Humanities, University of Ghana. The Stanbic Bank Chief Executive shared insights from his personal […] The post Stanbic
The Economic Community of West African States (ECOWAS) has responded to the withdrawal of three member states – Niger, Mali and Burkina Faso from the Commission. A joint statement from the military rulers of these member states on Sunday, January 28 said, “after 49 years of existence, the valiant people of Burkina, Mali and Niger […] The post We are yet
Military rulers of Niger, Mali and Burkina Faso have announced their withdrawal from the ECOWAS bloc. A joint statement from the military rulers issued on Sunday, January 28 said, “after 49 years of existence, the valiant people of Burkina, Mali and Niger note with much regret, bitterness and great disappointment that their Organization has moved […] The post Military
Iranian dissidents living inside the Islamic republic and in exile Thursday went on hunger strike to protest the surge of hangings in Iran that included most recently a participant in the 2022 protest movement who activists say had mental health difficulties. Led by jailed 2023 Nobel Peace Prize winner Narges Mohammadi, those going on the […] The post Iranian dissidents on hunger strike
Riot police fired tear gas, flash grenades and used batons to disperse demonstrators in Russia’s Bashkortostan region after a local activist was sentenced on Wednesday to four years in prison. Videos showed supporters of Fail Alsynov clashing with police near the court where he had been convicted of inciting ethnic hatred, according to Russian state media outlet […] The post Russian
Some officials of Absa Bank Ghana displaying the awards ABSA BANK Ghana has been recognised for its outstanding support to the agricultural sector by the Ghana Incentive-Based Risk-Sharing System Read More... The post Absa Bank Grabs 4 Agri-Financing Awards appeared first
Japan was successful in making an unusually precise moon landing just metres from its target, its space agency has announced. The country on Saturday became the fifth to put a spacecraft on the moon when its so-called “Moon Sniper” lander touched down on the lunar surface. On Thursday, the Japan Aerospace Exploration Agency [JAXA] said it had […] The post Japan’s ‘Moon Sniper’
In a ground-breaking collaboration, Oxford Business Group (OBG) and the Africa Prosperity Network (APN) are joining forces to spearhead the APN initiative to identify and address bottlenecks in manufacturing, adding value, and trading within the African continent. This strategic partnership signifies a commitment to shedding light on Africa’s economic landscape, particularly in Ghana and the […] 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
The Agricultural Development Bank (ADB) and five other banks have secured a court order to prevent any sale or transfer of assets of PBC Limited, including its headquarters at Number 106 Olusegun Obasanjo Way, Dzorwulu Junction in Accra. This follows a judgment secured by the six banks against PBC Limited. The other five banks include […] The post ADB,
The Agricultural Development Bank (ADB), alongside five other Banks, has secured a court order to prevent any sale or transfer of assets of PBC Limited including its headquarters at Number 106 Olusegun Obasanjo Way, Dzorwulu Junction in Accra. This follows a judgment attained by the six banks against PBC Limited. The other five banks involved […] The post ADB,
Ousmane Diagana The World Bank has approved a $300 million Development Policy Operation for the country. This first resilient recovery development policy financing is a critical contribution by the Read More... The post World Bank Approves $300m
Sri Lanka’s Parliament has passed a hastily proposed bill to regulate online content, sparking criticism from rights groups and opposition politicians that the government is trying to crack down on dissent and stifle freedom of speech ahead of parliamentary and presidential elections this year. The measure was passed on Wednesday by a 108-62 vote, the […] The post Sri Lanka Parliament
“There have been racial barriers, and it has been challenging to be accepted as Japanese.” That’s what a tearful Carolina Shiino said in impeccable Japanese after she was crowned Miss Japan on Monday. The 26-year-old model, who was born in Ukraine, moved to Japan at the age of five and was raised in Nagoya. She […] The post Controversy after Ukrainian-born model is
A senior Tory MP has called for his party to replace Rishi Sunak as prime minister or be “massacred” in the general election. Writing in the Telegraph, former cabinet minister Sir Simon Clarke said the Conservatives had lost “key voters” by failing to be bold on immigration. But his article was criticised by several other ex-ministers. Former […] The post Backlash after
Six people have died – including three firefighters – after a truck carrying 60 tons of liquefied natural gas crashed and exploded in the Mongolian capital. Hundreds of firefighters had been sent to battle the blaze following the collision with a car in Ulaanbaatar on Wednesday morning, officials said. At least 11 people were injured, […] The post Six dead after liquified
The Iraqi government has strongly condemned US strikes which targeted sites used by Iranian-backed groups in Iraq on Wednesday. A spokesperson for Iraqi Prime Minister Mohammed Shia al-Sudani said they “blatantly” violated his country’s sovereignty. The US said its “proportionate” attacks had targeted “Iran-affiliated groups”. The paramilitary Popular Mobilisation Forces (PMF) said the “treacherous” US […] The post Iraq
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