The Bank of Ghana (BoG) has authorized 16 Foreign Exchange (FX) brokers to commence operations on the Ghana Interbank Forex Market effective January 1 to December 31, 2024. This is in accordance with section 3. 13. 1 of the Ghana Interbank Forex Market rules which provide that local and international FX Brokers who wish to […] The post BOG grants approval to 16
It was interesting to hear Bank of Ghana (BOG) officials pat themselves on the back because year-on-year inflation had dropped to 26.4% in November 2023, from 35.2% in October 2023 and 54.1% in December 2022. This trend should have been expected, I thought, because of the massive price increases and exchange rate depreciation that were […] The post Togbe Afede XIV writes –
Hope For Future Generation (HFFG), a non-governmental organization with health as one of its focus areas, has organized a media workshop to help journalists become champions for long-term vaccine funding. The sensitization is in line with the Financing Immunization Advocacy Response (FAIR) project of the organization. The goal of the FAIR project is to push […] The post HFFG
Following the recent Akosombo Dam Spillage that displaced residents in Lower Volta, OmniBSIC Bank staff have demonstrated their generosity and commitment to the community through the Bank’s Staff CSR project known as the SEEK Initiative. Recognizing the urgent need for support, the bank’s staff raised funds and donated essential supplies to families now residing at […] The post
Martin Amidu The former Special Prosecutor, Martin Amidu has taken a swipe at his successor Kissi Adjabeng for allegedly suppressing investigations that were undertaken into bribery cases against, Anas Read More... The post Martin Amidu Accuses
A team of bankers is ordinarily not a regular sight in any health facility in Ghana. Therefore, many patrons of the Madina Poly Clinic might have wondered “why”, when a sharply dressed team from the Universal Merchant Bank (UMB) drove into the clinic’s compound here in Kekele, Madina; a popular, densely populated suburb of Accra. […] The post #UMBCares brings holiday
Kumasi-based Prophet Emmanuel Kwaku Duah has resolved to work for the unity between the Asantehene, Otumfuo Osei Tutu II and the Dormaahene, Osagyefo Oseadeeyo Agyeman Badu I. Prophet Kwaku Duah has indicated that there is a hidden secret behind the feud between the Asantehene and the Dormaahene and reconciling the two Chiefs would enhance the […] The post Kumasi Prophet to resolve
In response to the surge in digital banking platforms and the corresponding increase in cyber threats, Fidelity Bank, Ghana’s largest privately owned bank, took proactive steps last month by dedicating a week to intensifying efforts against fraud, empowering its staff to be the first line of defence. Under the theme “Leveraging on Fraud Awareness and […] The post Fidelity
President Akufo-Addo with Dr. Ernest Addison President Nana Akufo-Addo has urged the Bank of Ghana (BoG) to maintain focus on executing its mandate while dismissing distractions that could derail Read More... The post Ignore Mischief Of Misguided Elements
The Ghana-India Kofi Annan Centre of Excellence in ICT (GI-KACE) has held its first ever graduation ceremony on Digital Proficiency and Digital Programming Basics programme at its Sunyani branch. A statement issued by GI-KACE and copied to the press in Sunyani said it was part of its quest to bridge the digital divide and empower […] The post GI-KACE empowers youth with digital skills in Sunyani
Employees in the Bancassurance Unit of Stanbic Bank Ghana have organised a beach clean-up at the Korle Beach in Accra, demonstrating the bank’s commitment to protecting the natural environment. Speaking at the clean-up exercise, the Head of Bancassurance at Stanbic Bank, Henry Manyo-Plange, explained the importance of corporate institutions involving themselves in helping to keep […] The post
The Partnership for Municipal Innovation-Women in Local Leadership (PMI-WILL) project has trained members of its working group, together with other heads of department on effective community service analysis at a day’s workshop in Atebubu, in the Bono East region. The 5 year project, which has the objective of enhancing the rights of women, girls and […] The post PMI-WILL project trains
Properties estimated at hundreds of thousands of Ghana Cedis have been destroyed after fire gutted the home of the Board Chairman of the Public Procurement Authority (PPA), Professor Christopher Ameyaw Akumfi at Techiman, in the Bono East Region. The Chronicle was informed that his daughter, in her 30s, who sustained severe burn injuries, has since […] The post Fire guts home of Prof Ameyaw Akumfi;
The Dormaa East District Police Commander, Assistant Superintendent of Police (ASP) Augustine Kingsley Oppong, has said that general crime has been reduced in the Dormaa East District in the Bono region. He has, therefore, expressed appreciation to all stakeholders in the district for their support, saying the police would continue to rely on the public […] The post Crime down in Dormaa East-Police appeared
Fidelity Bank Ghana, the country’s foremost privately-owned bank, has reaffirmed its dedication to fostering inclusivity, empowerment, and advancing young women into leadership roles through its strategic sponsorship of the FemPower Outreach project. This initiative, orchestrated by the ECG Power Queens Club in celebration of their 35th anniversary, aimed to identify and nurture talented young females […] The post Fidelity
Non-Governmental Organization (NGO) Save Aid has presented items to some schools and communities in the Eastern and Bono regions. The items included 1500 exercise books, 500 textbooks, 30 school uniforms, 35 shoes, 11 belts, 100 pairs of socks, 900 bags of rice, and 500 clothes. The benefiting schools and community included Nyansibu Basic School in […] The post Save
Dr. Ernest Addison The Governor of the Bank of Ghana, Dr. Ernest Addison, has stated that the Central Bank’s monetary policies with support from the Ministry of Finance have Read More... The post Economy Responding To BoG Policies – Addison appeared first
The inflation rate declined to 26.4% in November, a 19-month low, the Ghana Statistical Service has published.The Consumer Price Index (CPI) for November 2023 was 198.2 – relative to 156.8 for November 2022. The Ghana Statistical Service says food inflation was the major contributor to the decline in the rate of inflation. In November, food […] The post Inflation declines from 35% to 26% appeared first
The Kumasi Traditional Council (KTC) has debunked allegations that the Asantehene, Otumfuo Osei Tutu II, is to blame for the impasse in the installation of an Offinsomanhene. The KTC stated at a press conference in Kumasi yesterday that, the Asantehene has in no way, negatively interfered in the Offinso Stool affairs and that, indications point […] The post Offinsomanhene Impasse: Otumfuo
Ernest Addison (middle) with Kofi Adomakoh and others as they unveil the enhanced app GCB Bank, formerly known as Ghana Commercial Bank, yesterday launched an enhanced mobile application dubbed Read More... The post GCB Bank Unveils Enhanced Mobile App appeared first on
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