Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
Ghana’s MIIF has stepped up efforts to attract North American partners into the Ghanaian mining space. MIIF, the sovereign minerals fund of Ghana, was created by law to manage the equity interests of the Government of Ghana in mining companies and collect and manage mining royalties due the state for purposes of investment. M 11F […] The post MIIF
“It’s a difficult decision, but a necessary decision,” he said, “to protect public finances”, and move away from the “whatever it costs” measures introduced to prop up the economy during the Covid-19 pandemic and extended as energy costs skyrocketed with Russia’s invasion of Ukraine. In September the government had promised to not raise electricity prices more than […] The post French
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Artificial intelligence will affect up to 40% of jobs worldwide, the International Monetary Fund (IMF) has warned. This could rise to 60% of roles in advanced economies like the UK – but it is believed that, in half of these cases, AI will benefit the workforce. In a new report, the IMF warned that AI’s […] The post Artificial intelligence
Aggrieved customers of the now-defunct Gold Coast Fund Management Limited are expressing concern about the delay in the commencement of work by the parliamentary ad hoc committee tasked with investigating issues related to their frozen funds. The committee, established by Speaker of Parliament Alban Bagbin on December 6, 2023, with a 3-month timeframe for the […] The post Gold
More than 5.6 million doses of COVID-19 vaccines bought on loan by the Ugandan government have expired, an audit report has said. The vaccines are valued at 28.1bn Ugandan shillings ($7.3m; £5.8m) and were purchased using a World Bank loan. Authorities say the expired vaccines will be withdrawn from health facilities and destroyed. In the […] The post Uganda to destroy expired
Nuhu Bayorbo Mahama President Akufo Addo has appointed Mr. Nuhu Bayorbo Mahama as the Chief Executive of the Students Loan Trust Fund. In a letter signed on Tuesday, January Read More... The post Akufo Addo appoints Nuhu Bayorbo Mahama as SLTF Boss
Nuhu Bayorbo Mahama has been appointed as the new Chief Executive Officer of the Students Loan Trust Fund. This was announced in a letter the Chief of Staff, Akosua Frema Osei-Opare, wrote to Mr. Mahama dated January 2, 2024, and sighted by citinewsroom.com. “Pursuant to Section 13 (1) of the Students Loan Trust Fund Act, […] The post Nuhu Bayorbo Mahama
The Graduate Students Association of Ghana (GRASAG) has raised concerns over the non-payment of research support grants, commonly known as bursaries, for graduate students. These grants play a pivotal role in supporting graduate students in their research endeavours, contributing significantly to the advancement of knowledge and overall academic development. However, over the past two years, […] The post GRASAG
Embarking on a master's degree program can be an absorbing endeavor, packed with challenging coursework and demanding schedules. Yet, it's essential to strike a delicate balance between the academic demands and the much-needed leisure that rejuvenates the mind and spirit. Cultivating a well-rounded lifestyle during your graduate studies is not only possible; it's imperative for maintaining your well-being. In this article, we will explore actionable strategies that can help
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