The Executive Board of the International Monetary Fund (IMF) completed today the second review of Ghana’s US$3 billion, 36-month?Extended Credit Facility (ECF) Arrangement, which was approved by the Board in May 2023. Completion of the second ECF review allows for an immediate disbursement of SDR?269.1 million (about US$360 million), bringing Ghana’s total disbursements under the arrangement to about US$1.6 billion. Ghana’s economic reform program is delivering on
I would mention GCB Bank PLC as my bank of choice and get raised eyebrows. “Ghana Commercial Bank? But Why?” I’d get asked. To me, the Indigenous boy who left and returned to the land as an Indigenous man with an Indigenous team working to impact the Indigenous trade of agriculture for the Indigenous should […] The post My
The Kwame Nkrumah University of Science and Technology (KNUST), in collaboration with Zipline, the leading autonomous drone delivery service, hosted an award ceremony to honor outstanding research projects that aim to improve healthcare delivery through aerial logistics. The event at the Amonoo-Neizer Conference Hall showcased innovative research and reinforced the importance of interdisciplinary collaboration in […] The post
By Mohamed A El-ERIAN As in many other developed countries lately, the two major political parties in the United Kingdom have embraced economic growth as their top policy priority. Following the volatile 49-day experience of Liz Truss’s government and its “dash for growth” in 2022, however, both parties emphasize that there are no financial shortcuts. […] The post The
The Kariega plant was recognised in the Volkswagen Group-wide Challenge of the Brands competition Plant Kariega’s plastic recycling project has environmental and community impact A project involving the recycling of plastic parts not used in the production process, has earned Volkswagen Group Africa’s plant in Kariega an international award. The Challenge of the Brands competition, […] The post
A project involving recycling plastic parts not used in production has earned the Volkswagen Group Africa’s plant in Kariega-South Africa an international award in a highly competitive pitch. The competition, which received more than 140 entries in five categories from across the Volkswagen Group globally, awarded Plant Kariega top honours in its zero-impact factory environmental […] The post
In a celebration of innovation, mentorship, and entrepreneurship, Bolt, the global mobility platform, awarded 10 top driver partners under its Bolt Accelerator Programme in Ghana. The event, held in collaboration with The Nest Innovation Technology Park, marked the culmination of a three-month journey that saw hundreds of applications from driver partners across the country. Lola […] The post
By Kizito CUDJOE The Chamber of Bulk Oil Distributors (CBOD) has stressed the need for a streamlined and well-regulated oil and gas sector, urging regulatory authorities to continue exploring avenues to deepen earnings from the sector. The Chamber of Bulk Oil Distributors (CBOD) has underscored the importance of a streamlined and well-regulated oil and gas […] The post
“Congratulations on the successes of the Department of Culture and Tourism Abu Dhabi (DCT Abu Dhabi) and the progress of the Saadiyat Cultural District (SCD). For two days, we have seen with our eyes, heard with our ears and felt with our hands the reality of this project.” Inspired by the forward-thinking philosophy of the […] The post The Saadiyat
UKGCC raises funds for Otumfuo Osei Tutu II Foundation with Hat & Flower Show UKGCC celebrates Ghanaian culture with Hat & Flower Show The UK-Ghana Chamber of Commerce (UKGCC), a member-based trade association that promotes trade between Ghana and the United Kingdom, has hosted an inaugural, the Hat and Flower Show charity fundraiser, to raise […] The post UKGCC
… second highest in sub-Saharan Africa In 2023, Sub-Saharan Africa saw remittance flows reach US$54 billion, with Ghana among the largest beneficiaries, receiving the second highest inflows within the region, the latest World Bank Migration and Development Brief has shown. During the period under consideration, remittances to the country reached US$4.6 billion, surpassed only neighbouring […] The post
…as cost of threats reaches US$1.9bn annually By Wisdom JONNY-NUEKPE The European Union (EU) has funded and concluded an enhanced maritime action (EnMAR) training in the Gulf of Guinea for 15 port security officials from West and Central Africa. The five-day regional train the trainers programme, which was on ‘Port Security’, focused on the guidelines […] The post EU
The Ministry of Communication and Digitalisation through the World Bank financed eTransform project has trained over 39.141 people in digital skills and created jobs for about 15000 people. In a bid to solidify its position as Africa’s leading centre for digital innovation, Ghana through the Ministry of Communication and Digitalisation successfully launched three strategic tech […] The post
By Joshua Worlasi AMLANU GCB Bank, a leading financial institution, has announced the suspension of its planned capital raising initiative. This decision, announced at the 30th Annual General Meeting (AGM), comes on the heels of the bank’s strong financial results for year 2023 and a positive outlook for 2024. The bank had initially received approval […] The post GCB
The Ministry of Finance (MoF), in collaboration with the University of Ghana, has announced the establishment of a Quarterly Economic Roundtable (QER) in a move to bridge the gap between policymakers and academia. This initiative is aimed at fostering research-driven and evidence-based policy formulation, and will debut on Tuesday, 2nd July 2024 at the ISSER […] The post MoF-UG
By Joshua Worlasi AMLANU The Minerals Income and Investment Fund (MIIF) has unveilled a GH¢20million scholarship scheme aimed at empowering women from mining communities. The initiative, launched in partnership with the University of Mines and Technology (UMaT), seeks to increase female representation in an industry traditionally dominated by men. MIIF CEO, Edward Nana Yaw Koranteng, […] The post
The Managing Director of the Agricultural Development Bank (ADB) PLC, Alhaji Alhassan Yakubu-Tali has underscored the critical importance of accelerating financial inclusion through digitalization to bring financial services to the unbanked and underbanked population across the country. He indicated that the unbanked and underbanked segments of the population should be viewed, as potential customers who […] The post
By Kizito CUDJOE Parliament has unanimously ratified a mining lease for the Ghana Bauxite Company, allowing it to mine bauxite at Awaso in the Bibiani Anhwiaso Bekwai municipality of the Western North Region. The decision was made following a report presented by a joint Parliamentary Committee of Mines and Energy and Lands and Forestry on […] The post Parliament
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS