Parliament has directed Prof. Kenneth Attafuah, the Executive Secretary of the National Identification Authority (NIA), to refund over GHc98,000 deducted from the Authority’s Account as penalty for the delayed transfer of Social Security and National Insurance Trust (SSNIT) contributions. The NIA, having failed to remit SSNIT contributions promptly, covered the penalty using the Authority’s funds. […] The post PAC
Dr. Ernest Addison The Bank of Ghana has launched a beta version of its data base portal aimed at providing a single environment for extracting and visualising macroeconomic data. Read More... The post BoG Launches Database Portal appeared first on DailyGuide
Mr. Kwesi Korboe (L), Mr. Daniel Wilson Addo receiving the award from COO of GIRSAL Consolidated Bank Ghana Ltd (CBG) has been recognised by the Ghana Incentive-based Risk Sharing Read More... The post CBG Is GIRSAL Guaranteed Credit Partner appeared first on
James Klutse Avedzi The Public Accounts Committee (PAC) of Parliament has ordered the immediate arrest of the Northern Regional Director and Accountant of the National Sports Authority (NSA). The Read More... The post NSA Director Hot Over GH¢ 160k appeared first on
The Public Accounts Committee (PAC), led by Honourable James Klutse Avedzi, has directed Professor Twumasi, the Director General (DG) of the National Sports Authority (NSA), to ensure the immediate transfer of Alexander Atieku from the role of Central Regional NSA head to the Eastern Region. This directive came during Professor Twumasi’s appearance at the PAC […] The post Professor
The government of Italy unveiled a near US$6 billion plan to support African development at a one-day Italy-Africa plan in Rome last week. African Development Bank Group President Dr Akinwumi Adesina joined 25 African leaders and European Union officials at the summit. The summit–which took place as Italy assumes the Presidency of the G7 this […] The post Italy
The Bank of Ghana (BoG) has launched the Beta Version of the bank’s Database Portal. This is part of efforts at providing a single environment for extracting and visualising macroeconomic data. The provision of this portal is in line with international best practice and the Bank’s commitment to greater transparency associated with its inflation targeting […] The post BoG
Republic Bank Ghana Limited has presented fifty life jackets to the Municipal Education Directorate in the Weija Gbawe Municipality for onward distribution to school children at Faanaa in the Weija Gbawe Municipality. Faanaa is an island community where children who want to access education have to go through the struggles of crossing the estuary using […] The post Republic
demonstrates commitment to community safety In an initiative to promote community safety and well-being, Republic Bank Ghana has presented 50 life jackets to schoolchildren at Fanaa in the Ga South Municipality of the Greater Accra Region of Ghana. The life jackets donation aligns with the bank’s corporate social responsibility under its ‘Power to Make a […] The post Republic
The Public Accounts Committee (PAC) has criticized the Interior Ministry for inefficient monitoring of private security companies in the country. The 2022 Auditor General’s report reveals that more than 440 companies failed to renew their licenses, leading to a revenue loss of over GH¢800,000. The Chairman of PAC, James Klutse Avedzi, believes that the lives […] The post PAC
Fidelity Bank Ghana, the nation’s largest privately-owned bank, commemorated the official handover of the renovated Nyameyekrom M/A Primary School on January 30, 2024. This transformation, a key initiative of the bank’s “Orange Impact” program, delivers a six-unit classroom block, a staff office, a library, modern washroom facilities, and a rainwater harvesting system, benefitting over 150 […] The post Fidelity
Ofosu Asamoah The Executive Secretary of the National Labour Commission (NLC), Ofosu Asamoah, has described the ongoing strike by labour unions in the educational sector as ‘unjustified’ and ‘unnecessary’. Read More... The post ‘Your Strike Is Needless’ appeared first on
The National Identification Authority (NIA) has confirmed that approximately 191 financial institutions, encompassing Universal Banks, Rural Banks, and Savings and Loan companies, now have access to its data. In an interview on the Citi Breakfast Show on Friday, February 2, Prof. Kenneth Attafuah, the Executive Secretary of the NIA, disclosed that these institutions have seamlessly […] The post About
Access Bank Ghana Plc has opened a new branch at the Bright International Industrial hub in Afienya, bringing banking services closer to customers in the industrial hub and its environs. This is in pursuance of the bank’s strategic objective of enhancing customer experience and satisfaction for the over-100 medium to large scale companies and Chinese-related […] The post Access
Fidelity Bank Ghana, the country’s largest privately-owned bank, concluded the festive season with a heartwarming display of generosity through its Employee Volunteering Programme (EVP). Under this programme, over 300 staff members engaged in impactful nationwide Corporate Social Responsibility (CSR) initiatives; combining time, financial resources and personal involvement to uplift lives of the less fortunate. In […] The post
The Consolidated Bank Ghana (CBG) has been recognised by the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL), through its Partner Excellence Awards, with the Highest GIRSAL guaranteed Credit of the Year. The award, presented by the CEO of GIRSAL, Kwesi Korboe to the Managing Director of the bank, was to affirm that […] The post
The Consolidated Bank Ghana LTD (CBG) has been recognized by the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL), through its Partner Excellence Awards, with the Highest GIRSAL guaranteed Credit of the Year. The award presented by the CEO of GIRSAL, Mr. Kwesi Korboe to the Managing Director of the Bank was to […] The post CBG
Bank of Ghana Governor Dr. Ernest Addison has said there is no better time than now for Africa to revisit the issue of scaling-up interoperability, in a bid to deepen financial inclusion and intra-Africa trade. He said the high prevalence of mobile devices, mobile money penetration and increased Internet connectivity offer an opportune window to […] The post
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
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
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