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
UBA Ghana reaffirms its unwavering commitment to excellence in customer service for the year 2024 and beyond, positioning itself as a leader in the banking and financial service industry. Deputy Managing Director at UBA Ghana, Uzoechina Molokwu emphasized the bank’s dedication to prioritizing customer satisfaction and delivering outstanding banking solutions and services. Customer-centricity and product […] The post UBA
Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks on the VAT on electricity, the Ministry of Finance has said. The stakeholder dialogue, as stated by the Finance Ministry in its statement dated January 30, 2024, is aimed at ensuring stakeholder buy-in. Organised Labour has kicked against the […] The post VAT
Extensive dialogue will be held with Organised Labour and other key stakeholders in the coming weeks on the VAT on electricity, the Ministry of Finance has said. The stakeholder dialogue, as stated by the Finance Ministry in its statement dated January 30, 2024, is aimed at ensuring stakeholder buy-in. Organised Labour has kicked against the […] The post VAT
…The Relationship Manager “Get closer than ever to your customers. So close that you tell them what they need well before they realize it themselves.”….. Steve Jobbs Dear Readers, how did you find the extracts from my first article published more than ten years ago? Funny, but its real. Its interesting that the situation is still […] The post Risk
FBNBank ended the year 2023 on an exciting note, spreading goodwill to its communities through several activities, including a donation to the Lifeline for Childhood Cancer Ghana Foundation and the Nana Saka Nkansah School Complex. These initiatives reflected the bank’s commitment to community engagement, spreading joy during the holiday season and contributing to the well-being […] The post FBNBank
Ghana, a nation facing its worst economic challenges, recently received a much-needed cushion in the form of a US$3 billion bailout approved by the International Monetary Fund (IMF). This financial support has appeared to be a critical help for Ghana’s struggling economy, particularly in the face of the shocks brought by the COVID-19 pandemic. This […] The post
The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has alleged that the Youth and Sports Ministry budgeted an estimated $8.5 million, equivalent to GH¢105 million, for the 2023 Africa Cup of Nations. According to the MP, the government and the Ghana Football Association (GFA) have tried to conceal the budget for the country’s […] The post Govt
The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has alleged that the Youth and Sports Ministry budgeted an estimated $8.5 million, equivalent to GH¢105 million, for the 2023 Africa Cup of Nations. According to the MP, the government and the Ghana Football Association (GFA) have tried to conceal the budget for the country’s […] The post Govt budgeted
Unsereiner sehen fur jedes dich geoffnet, wann immer du magst Buche unseren exklusiven Relaxing- Bereich unter einsatz von Poolbillard um … herum um ebendiese Zeitanzeiger, a mark Vierundzwanzig stunden & hinter irgendeiner Tempus deiner Auslese. Sonderwunsche willkommen! Echte Gesundung bei Stuttgart In diesem gro?zugigen, behaglich gestalteten Einholung within Gro?stadt zwischen wald und reben aufstobern Diese […]
Standard Chartered Wealth Management Chief Investment Office (CIO) has released its Outlook 2024 report, outlining its investment strategy for the year ahead. The US and other major economies are likely to witness sharply slower growth and sliding inflation in 2024. Equity and bond markets are expected to start 2024 positively, supported by hopes of a […] The post Sailing with the wind
The Public Relations Officer at the Ministry of Food and Agriculture (MoFA), Tanko Bagbara, has highlighted the pressing need to tackle inefficiencies along the food value chain. He advocated that collective efforts are needed to address challenges impacting negatively on supply of food from the farm gate to retail centres, such as poor road networks, […] The post
The Ministry of Youth and Sports has bemoaned the Black Stars’ poor performance at the 2023 AFCON in Cote D’Ivoire. In the statement the Sports Ministry expressed massive disappointment over the Black Stars’ failure to progress from the group stage for the second consecutive AFCON edition. The Black Stars lost 1-2 to Cape Verde and […] The post Sports
Finance Minister Ken Ofori-Atta has emphasised the crucial need for deeper collaboration between Ghanaian and German enterprises. He envisions a future where the fusion of German technology and expertise with Ghanaian innovation and local knowledge would pave the way for sustainable and inclusive growth. He made this call at the Ghana Mutual Prosperity Partnership Roundtable […] The post
The Minister of Energy, Dr. Mathew Opoku Prempeh, underscored the critical role played by the Bulk Oil Storage and Transportation Company (BOST) in fostering economic stability over the past few years. Speaking at an event to commemorate the 30th anniversary of BOST in Accra, Dr. Opoku Prempeh highlighted the state-owned firm’s contributions to economic stability, […] The post
I had gone to find spare parts for my now ageing Toyota Fortuner vehicle at Abbosey Okai. I was highly amused listening to some of the submissions during a heated debate on how the cedi has depreciated against the major foreign currencies. As I haggled over the prices of the spare parts to fit my […] The post Random
President of IMANI Africa, Franklin Cudjoe, is seeking further clarification on the government’s recent decision to procure new trains for Ghana. This inquiry comes in the wake of government’s announcement of purchasing 12 modern diesel-powered trains scheduled to arrive in mid-February, to enhance the country’s railway transportation system. The intended deployment of these trains is […] The post Franklin
Fidelity Bank, Ghana’s largest privately-owned bank, has emerged as a beacon of excellence with four of its key employees receiving noteworthy awards at the Ghana Association of Bankers Awards ceremony. Their dedication, talent and leadership shone brightly, underscoring Fidelity Bank’s commitment to leadership, innovation and customer protection, even amid recent industry turbulence. Among the luminaries […] The post
The government is making a concerted effort to enhance its appeal as a preferred base for Chinese businesses on the African continent, Finance Minister Ken Ofori-Atta has said. He made this known during an engagement with the Chinese Business Community in Ghana under the Ghana Mutual Prosperity Partnership held in Accra. “We want to use […] The post Gov’t
The World Bank Group yesterday, in principle, welcomed the agreement on key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework. This agreement, which is consistent with the Joint WB-IMF Debt Sustainability Framework, represents a critical milestone toward restoring debt sustainability in the country. “This […] The post
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