Guaranty Trust Bank Ghana has assured its customers and stakeholders of its commitment to resolving the Central Bank’s recent suspension of its Foreign Exchange Trading License. The suspension is effective from March 18, 2024, until April 18, 2024. In a statement issued on March 4, the Bank emphasized its ongoing collaboration with relevant Government Agencies […] The post We’re
…through set up of Northshore Apparel GH Limited Construction of a large-scale apparel manufacturing facility has commenced in Savelugu in the Northern Region to create over 1,600 jobs for women and youth in Northern Ghana. Students from the Savelugu School for the Deaf will be among the vulnerable to benefit from jobs to be created […] The post Germany, ADB support
Construction of a large-scale apparel manufacturing facility has commenced in Savelugu in the Northern Region to create over 1,600 jobs for women and youth in Northern Ghana. Students from the Savelugu School for the Deaf will be among the vulnerable to benefit from jobs to be created by the company. The project is spearheaded by […] The post German
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has successfully constructed a mechanized borehole for the Police Public Safety Training School (PPSTS) at Pwalugu in the Upper East Region, providing a sustainable and reliable source of clean water for the officers and the entire community. For more than a decade, the PPSTS has grappled with […] The post Fidelity
Management of the Ghana Export–Import Bank (GEXIM) has announced it will be hosting “Freedom Market” on Tuesday, March 5, 2024. The “Freedom Market” is a prelude to the 67th National Independence Day celebration next week in the Eastern Region under the theme “Our Democracy, Our Pride”. “Freedom Market”, a special edition of the Bank’s popular […] The post GEXIM
Togbe Afede XIV, the Agbogbomefia of the Asogli State, has strongly criticised the recent decision by the Bank of Ghana (BOG) to reduce the policy rate from 30% to 29%, describing it as nothing more than a “big joke.” The BOG’s Monetary Policy Committee (MPC) announced this cut on January 29, 2024, with Togbe Afede […] The post BoG’s 1% policy rate cut
A taskforce comprising the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security, on Tuesday, February 27, 2024, embarked on an exercise to crack down on smuggled vegetable oil on the Ghanaian market. During a swoop, eight shops were ordered to cease […] The post Taskforce
The Director of Advocacy and Policy Engagement at the Ghana Center for Democratic Development (CDD-Ghana), Kojo Pumpuni Asante, is advocating for the elimination of the delegate system in the selection of parliamentary and presidential candidates as a measure to combat corruption in Ghana’s electoral process. This call comes in response to recent revelations by Zebilla’s […] The post Delegate
By Buertey Francis BORYOR The Minister for Finance, Dr. Mohammed Amin Adam has reiterated the government’s commitment to the Eastern Region, particularly its first share of infrastructural development. “In this year’s budget we allocated about GH¢4 billion to the Ministry of Roads in order for us to be able to make payments to contractors so […] The post Gov’t
Women at the food market The latest Food Security Update by the World Bank has revealed that about 1.96 million Ghanaians are facing acute food and nutrition insecurity. This Read More... The post 1.96m Ghanaians Face Food, Nutrition Insecurity
The Government has plans to set up a FinTech Innovation Fund to support Start-ups to drive Ghana’s digital revolution. Vice President Mahamudu Bawumia announced this in Accra on Monday during the official press launch of the maiden 3i Africa Summit. The three-day summit, to be held in Accra, is scheduled for May 13-15, 2024, on […] The post Government to introduce
Standard Chartered Bank Ghana PLC has held a STEM (Science, Technology, Engineering and Mathematics) hackathon in commemoration of International Day of Women and Girls in Science. The hackathon held at Accra High School was under the global theme for this year’s celebration “Women and Girls in Science Leadership, a New Era for Sustainability”, and designed […] The post Standard
The Zambian government has imposed restrictions on maize and mealies meal (maize flour) exports in response to an extended dry spell endangering the harvest. Minister of Agriculture Reuben Phiri announced the measure on Tuesday, stating that export limitations will remain until a thorough evaluation of the upcoming harvest is conducted. “Owing to the prevailing situation, […] The post Zambia
By Emmanuel AKOMEA Access Bank Ghana PLC has signed a partnership agreement with Mac Autos & Spare Parts Ghana Limited to enhance vehicle ownership in the country. Mac Autos & Spare Parts Ghana Limited, including its subsidiary, MG Auto Trading Ghana Limited, is a leading automobile dealership, selling a wide range of leading brands. As part of […] The post
Atlanta-based Ghanaian songstress Ama Ka’rin has unveiled her latest empowering anthem, “Back to Sender,” aimed at inspiring listeners to persevere and remain steadfast in pursuing their dreams. With its uplifting lyrics and infectious melodies, “Back to Sender” serves as a rallying cry for resilience and determination in the face of adversity. It was produced by […] The post Atlanta-based
The German economy is in “troubled waters,” according to country’s economy minister. Robert Habeck said the German government’s forecast for economic growth for 2024 had been revised down from 1.3% to 0.2%. This means that Europe’s largest economy has effectively stalled – although it has avoided entering a full-blown recession. Mr Habeck previously called Germany’s […] The post German
Ghana’s highly acclaimed live band, the Adaha Dance Band, is set to make a triumphant return to BlackBerry Lounge on 24th February, following their spirited Christmas performance last year. This eagerly anticipated event promises to deliver a captivating musical experience for Accra’s music enthusiasts. Renowned for their dynamic and entertaining stage presence, the Adaha Band […] The post Adaha
The value of loans granted by financial institutions fell by 54.9 % in the last quarter of 2023. The total amount of secured loans registered by banks and Specialized Deposit-Taking Institutions (SDIs) stood at almost GH¢5.9 billion compared to the GH¢13.2 billion in the same period of 2022. This huge decline of GH¢7 billion in […] The post Total value of secured loans
Raman Malhotra (L) and Kafui Bimpe (R) exchanging the signed document Access Bank Ghana has entered into an agreement with Mac Autos & Spare Parts Ghana Ltd and MG Read More... The post Access Bank, Mac Autos Partner To Increase Vehicle
Dr. Ernest Addison (M) with the delegation An eight-member delegation from the Stellar Development Foundation (SDF), last Thursday paid a courtesy call on the Governor of the Bank of Read More... The post BoG, SDF Hold Talks On Creative Industry Financing
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