A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the new Cash Reserve Ratio by the Bank of Ghana. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the […] The post Many
The team with the award Fidelity Bank Ghana has been recognised for its steadfast commitment to gender equality. The bank secured a coveted spot among the top 50 employers Read More... The post Fidelity Bank Gets Gender Equality Recognition appeared first
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has revealed that the central bank intends to hand over the Gold for Oil programme to a commercial bank to operate. This, he said, would allow for the BoG to focus on its core mandate. Asked by Buem lawmaker Kofi Adams whether this programme is […] The post Bank of Ghana seeking to hand over Gold for
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has assured the Public Accounts Committee (PAC) of Parliament that by next year the central bank will see a huge jump in its holdings of gold due to the Gold For Reserves programme. He said that the full benefits of the programme have not […] The post Governor Addison assures PAC of ‘a big jump’ in BoG’s holdings
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has declared that Ghana’s economy is on an upward trajectory compared to previous years. Previously, the economy had experienced a downturn, prompting the government to seek a $3 billion International Monetary Fund (IMF) bailout. However, during his address to the Public Accounts Committee of […] The post Ghana’s
The Bank of Ghana (BoG) has revealed that it has reduced the scale of certain facilities in its controversial new head office, currently under construction. The BoG faced significant criticism over the construction of the new headquarters, with the Minority in Parliament demanding the removal or resignation of Governor Dr. Ernest Addison. Speaking before the […] The post Facilities
Eight members of a Ugandan music band have been arrested for complaining that the president's speech at the weekend was too long, local media report. The post 8 band members arrested for ‘insulting’ Ugandan President, Museveni first appeared on 3News.
Chief Justice Gertrude Torkornoo has indicated that the judicial service will revert to the opening and closure of court sittings, which ensured that jurors remained with the courts for only a short season. She said the current situation, where jurors stay with the courts for a long time, is not the best for effective justice […] The post LEADing Justice: Jurors will remain with
The Minority Caucus in Parliament has called for the immediate interdiction of the Registrar of the Ghana Scholarship Secretariat, Kingsley Agyemang, pending investigations into its operations. The Minority said their call has become necessary due to the allegations levelled against officials of the Scholarship Secretariat by The Fourth Estate and some unsuccessful applicants. The National […] The post Minority
Chief Justice Gertrude Torkornoo has called on the judicial service to work towards eradicating unethical conduct such as exploitation and rent-seeking attitudes that users of the courts face. She noted that such conduct attracts negative tags such as ‘corruption’, ‘ineptitude’, and ‘inefficiency’ to the activities of the courts. However, the Chief Justice also called on […] The post CJ
Fidelity Bank Ghana has been recognised by Ianmatsun Global Services at a ceremony held at the Kempinski Gold Coast Hotel for its steadfast commitment to gender equality. The bank secured a coveted spot among the top 50 employers for gender equality in Ghana and achieving the prestigious distinction of Gender Equality Champion within the banking […] The post Fidelity
The Board of Cal Bank Ghana PLC has approved a GHS 600 million renounceable rights issue to be sourced through private placement of ordinary and preference shares to new investors. The issuance comprises 1,872,461,736 ordinary shares of no-par value, priced at GHS 0.29 pesewas per share, and 196,503,781 preference shares of no-par value, also priced […] The post CAL
Nai Wulomo, Akwaa Mensah III The Ga Traditional Council has announced that this year’s annual ban on drumming and noisemaking will start on Monday, May 6, and end on Read More... The post Ban On Noisemaking Starts May 6 appeared first on DailyGuide
Sports Panorama: Friday, 5th April, 2024 The post Sports Panorama: Friday, 5th April, 2024 appeared first on Citinewsroom - Comprehensive News in Ghana.
Kafui Bimpe Access Bank Ghana has partnered indigenous shoe manufacturer, Horseman Shoes, to empower over 500 shoemakers in the country. A statement issued by the bank said the empowerment Read More... The post Access Bank Partners Horseman Shoes appeared first on
Chief Justice Gertrude Torkonoo has defended the decision to expedite the injunction application filed by the MP for South Dayi, Rockson Nelson Dafeamekpor, aimed at halting parliament’s confirmation of newly nominated ministers by President Akufo Addo. Justice Torkonoo asserted that the case was ripe for hearing as all necessary procedures had been fulfilled. Addressing reporters […] The post Chief
The flagbearer of the National Democratic Congress, John Dramani Mahama has paid a visit to the National Chief Imam, Sheikh Osman Nuhu Sharubutu, to commiserate with him over the demise of his wife, Hajia Ramatu Sharubutu. Hajia Rahmatu Tahwee Sheikh Sharubutu passed away in the early hours of Wednesday, March 27, 2024, and has been […] The post Mahama commiserates
Access Bank Ghana Plc, a leading retail Bank in Ghana, has published its robust financial performance for the fiscal year ending 2023, marking a significant milestone in its journey of growth and resilience, further solidifying its path towards achieving its strategic goals. The bank recorded an outstanding increase in Profit Before Tax (PBT) compared to […] The post Access
At the maiden edition of the Women in Business Dialogue series organised by the Business and Financial Times and held in Accra, the Sector Head, SME & Retail Banking at Zenith Bank, Gloria Cabutey-Adodoadji, urged businesswomen to leverage on the golden opportunities of the African Continental Free Trade Area (AfCFTA) agreement to expand their reach […] The post Zenith
Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG). CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and foreign currency – as cash […] The post Editorial:
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS