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 Read More... The post Stanbic Hosts Webinar On Inclusion appeared first on
Guinness World Record Contender for the longest speech by an individual, Adu Sarfowah has urged Ghanaians who wish to embark on record attempts to carry on. The post There is nothing wrong with the ‘thons’ happening – Adu Sarfowah first appeared on 3News.
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
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
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
Kwahu Praso Rural Bank Limited has been ranked the Best Rural Bank and placed 40th at the 20th Ghana Club 100 Awards for the year, 2023. The award was received on behalf of the bank by the Human Resource Manager, Mr. Bright Mensah Amankwah, who later on presented it to the CEO of the bank, […] The post Kwahu Praso Rural Bank ranked best appeared first on
Dr Ernest Addison, BoG Governor Ghana earned $2.8 billion from its major exports in the first two months of this year. A recent assessment of the country’s external sector Read More... The post Exports Rake In $2.8bn appeared first on DailyGuide
Banks’ performance has rebounded after the Domestic Debt Exchange Programme (DDEP), Governor of the Bank of Ghana, (BoG), Dr Ernest Addison has said. He indicated that the banks that were severely hit by the DDEP are relying on the Bank of Ghana-approved capital restoration policy. Dr Addison said these at the 117th Monetary Policy Committee […] The post Banks’ performances
Ghana’s foreign exchange market came under some seasonal pressures in February and early March 2024, but the Ghana cedi continues to recover its value, Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said. He explained that the pressures emanated mainly from the strengthening of the US dollar in international markets, and payments […] The post Ghana’s
Gross international reserves (GIR)increased in 2023, Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said. The stock of the GIR at the end of December 2023 rose to US$5.91 billion, equivalent to 2.7 months of imports cover for goods and services, he said. Excluding pledged assets and the Ghana Petroleum funds, the […] The post Ghana’s gross international reserves
The German Development Cooperation in collaboration with private sector partners, Blue Skies and Kasapreko PLC has handed over newly installed mechanised boreholes to 24 districts in the Eastern and Bono regions. It is to commemorate World Water Day which focuses on the importance of freshwater. According to the United Nations (UN) 2.2 billion people living […] The post German
Abubakar Kamoko, the son of retired Ghanaian boxer Bukom Banku, has etched his name in history at the recently concluded 2023 African Games by securing a silver medal, surpassing his father’s achievements from 25 years ago. Competing in the fiercely contested 86kg cruiserweight category, Kamoko initially secured his place in the semifinals with an outstanding […] The post African
More than 130 schoolchildren kidnapped by gunmen in Kuriga, northwestern Nigeria, earlier this month were released unharmed on Sunday, officials and the army said. The mass kidnapping in Kuriga, Kaduna State, on March 7 was one of the biggest attacks on a school since 2021 and sparked a national outcry over insecurity. Government spokesman Abdulaziz […] The post Kuriga kidnap: More than
The Bank of Ghana has reiterated its commitment to combating the circulation of counterfeit currency. The Central Bank emphasizes its progress toward achieving a zero-counterfeit regime. Counterfeiting and possession of counterfeit banknotes are punishable by law. During a press conference held during a tour of the currency processing centre as part of Ghana Heritage Month, […] The post BoG
Ghana’s policy rate is one of the highest globally and can not be justified, therefore the Bank of Ghana (BoG) has a duty to slash it drastically by at least 200 basis points, an economist and Director of Research at the Institue of Economic Affairs (IEA), Dr John Kwakye, has said. In his view, reducing […] The post Ghana’s policy rate is one of the highest
The Bank of Ghana (BoG) has a duty to slash its Policy Rate (PR) drastically by at least 200 basis points, an economist and Director of Research at the Institue of Economic Affairs (IEA), Dr John Kwakye, has said. In his view, reducing the rate drastically will trigger a decline in the ‘artificially high’ lending […] The post Cut policy rate drastically – Economist tells Bank
Water remains a vital global resource imperative for human existence, residential use, industrial activities, and economic development in several sectors including agriculture, energy, and health. Water demand has increased in many parts of the globe, and along with it, is the threat to human security. As at November 2023, 1,630 cases of water conflict had […] The post World Water Day:
A member of Council of State, Mr. Sam Okudzeto, has charged African engineering practitioners to be bold and courageous in the discharge of their engineering duties. He said when he looked at the profiles and various groups within the various engineering fields and the specialisation involved, it looks like there is nothing that we can […] The post Be
The Governor of the Bank of Ghana, Dr. Ernest Addison, has underscored the need for banks to remain committed to their critical role of bridging trade financing in both the primary and secondary markets. According to the governor, this will help strengthen the country’s financial systems. Speaking at the Ghana International Bank cocktail event to […] The post BoG
Stephen Asamoah Boateng presenting certificate to one of the winners The Ghana Culture Forum (GCF) has commended GCB Bank PLC’s support towards the 2024 Ghana Culture Week. Chairpersonof the Read More... The post Ghana Culture Forum Lauds GCB Bank appeared first on
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