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
Assistant Commissioner of Police (ACP), Dr. Benjamin Kwasi Agordzo, an alleged coup plotter has disclosed what he suspects to be the motivation behind his arrest, detention and subsequent acquittal of charges against him. The retired senior police officer said the whole case brought against him by the state stems from a statement he made to […] The post My trial was
The National House of Chiefs has reiterated its call for the government to take far-reaching measures to comprehensively clamp down on the menace of illegal mining. The House has also stressed the need for all stakeholders to be involved in the fight against illegal mining, devoid of politics. The President of the National House of […] The post National House
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
Auto Show, Thursday, 25th January, 2024 The post Auto Show, Thursday, 25th January, 2024 appeared first on Citinewsroom - Comprehensive News in Ghana.
Deputy Majority Leader in Parliament and Member of Parliament for Effutu, Alexander Afenyo Markin, is advocating for a peaceful atmosphere before, during, and after the 2024 general elections. He has urged Ghanaians to create a tranquil atmosphere while remaining united. The deputy Majority Leader, addressing teachers and students of Winneba Secondary School where he donated […] The post Afenyo
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
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 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
“Good Banking is produced not by good laws, but by good bankers.” — Hartley Withers, prominent British financial journalist around the turn of the 19th century Dear Readers, last week started with my article on the need to pause and self-reflect before making new year resolutions. It is during our pause for self-reflection that we […] The post Risk
Bank of Ghana Governor Dr. Ernest Addison has reassured the public that the launch of the much-anticipated e-Cedi, the country’s digital currency, will take place before the end of 2026. The Governor acknowledged progress made in the f the e-Cedi’s development, but attributed the delay in its launch to economic dislocation caused by the events […] The post BoG
Development Bank Ghana (DBG) has partnered with its Participating Financial Institutions (PFIs) to disburse GHS 623 million into the private sector. This capital injection has contributed to the creation of jobs, expansion of businesses, increased revenue, and generation of foreign exchange. DBG’s key highlights in 2023 are captured in a year-end wrapped video on its […] The post
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Fidelity Bank Ghana, the nation’s largest privately-owned bank, has been recognised for its outstanding contributions to agricultural lending in Ghana – receiving two prestigious awards from the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL). The bank was named the Most Responsive Partner Financial Institution of the Year and earned the Highest Staff […] The post
Ecobank, the leading pan-African financial services group, unveils its new brand campaign ‘A Better Way | A Better Africa’, at the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 (AFCON). Ecobank is a proud official sponsor of the TotalEnergies CAF Africa Cup of Nations Côte d’Ivoire 2023 and is leveraging the unifying, exhilarating and […] The post Ecobank
In a bid to boost its production capacity, wholly Ghanaian-owned mining giant Adamus Resources Limited, with financial support from its parent company – Nguvu Mining Limited, has launched over a dozen Liebherr brand of haulage trucks at the company’s site at Esiama in the Ellembelle District of the Western Region. The acquisition of the haulage […] The post
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…as it marks 40th anniversary The Brakwa-Breman Rural Bank PLC, located in Brakwa in the Asikuma-Odoben-Brakwa District of the Central Region, has indicated its readiness to intensify adoption and integration of modern technologies, in a bid to deliver innovative financial services to customers. According to the Board Chairman of the bank, Alexander Koomson, Brakwa-Breman Rural Bank […] The post
Okyeame Kwame (left) and King Paluta Multiple award-winning Ghanaian musician, Okyeame Kwame has blessed fast-rising rapper, King Paluta in his ‘Insha Allah’ music video. Okyeame Kwame has over the Read More... The post Okyeame Kwame Blesses King Paluta appeared first on
A leading tourism company has embarked on a groundbreaking journey to revolutionise tourism and elevate service delivery with the launch of Adansi Travel House – a pioneering one-stop destination catering to all travel needs, both inbound and outbound. Situated prominently on the La-Bawaleshie Road, East Legon, Adansi House is now home to a constellation of […] The post Adansi
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