The Ministry of Finance and the Bank of Ghana have shown a steadfast commitment to a set of policies right from the beginning of the implementation of the $3 billion programme with the International Monetary Fund (IMF) under very difficult circumstances, Governor of the central bank, Dr Ernest Addison has said. He stated that they […] The post $3bn deal: We are beginning
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has expressed optimism that the successful second review of the programme with the International Monetary Fund (IMF) will lead to the release of the 3rd tranche. The country had already received two tranches, $600million each. The release of the third tranche would increase the total […] The post IMF deal:
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring program, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
Mr. Asomaning, Dr. Serebour exchanging pleasantries Stanbic Bank Ghana has officially signed a Memorandum of Understanding with the Ghana Medical Association (GMA) to introduce financial care packages tailored to Read More... The post Stanbic Bank, GMA Sign
It is a welcome relief to hear the Ministry of Food and Agriculture (MoFA) categorically deny the commercialisation of certain genetically modified organisms like maize, soy or even perhaps, tomatoes in our food chain. The clarification comes amid concerns expressed by a number of interest groups like the Peasant Farmers Association of Ghana (PFAG), aggregators […] The post
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has stated that in Ghana’s recent history, the country has not been able to successfully implement a programme with the International Monetary Fund (IMF) in an election year without derailment. However, he has assured that the government and the central bank are committed to changing […] The post In
By Godson Kofi DAVIES In Africa, where the beauty of landscapes is as vast as its cultural diversity, a silent crisis brews in the realm of healthcare. The continent faces a dire shortage of healthcare professionals, a predicament most acute in the rural and underserved areas. According to the World Health Organization, sub-Saharan Africa bears […] The post
Black Stars attacker Mohammed Kudus has snubbed all Ghanaian greats picking former Nigeria star Augustine Azuka “Jay-Jay” Okocha as his greatest African player. Despite missing out on the prestigious African Footballer of the Year during is playing days, Kudus believes, the former Fenerbahce and Paris Saint-Germain attacking midfielder. With Ghana legends like Abedi Ayew ‘Pele’ […] The post Mohammed
In the realm of US-Africa economic relations, the African Growth and Opportunity Act (AGOA) stands as a pivotal legislation designed to foster trade and investment between the United States and eligible Sub-Saharan African countries. Since its inception in 2000, AGOA has sought to support economic growth and sustainable development by providing duty-free access to the […] The post Assessing
Policy think tank, IMANI Africa, has called on the government to improve the information and data contained on the newly launched Performance Tracker. The think tank said the tracker is a good policy that needs data and information to improve it. The performance tracker was launched by the Minister of Works and Housing, Kojo Oppong […] The post Performance tracker vague,
By Kestér Kenn KLOMEGÂH China and Russia have renewed their anti-Western confrontation during high-level meeting in early April 2024 in Beijing. China demonstrates greater readiness to team up with Global South to “promote reforms in the global governance system” while Russia vehemently confronts “Western-led bloc” during talks in Beijing. But both further pledged to strengthen multilateral strategic […] The post
Ghana, Guinea, Guinea-Bissau, Gambia, Senegal, Cameroon, Uganda, and Kenya are benefiting from a South Korean developmental initiative as a swift response to the danger over food security in Africa by helping these countries to increase rice production and reduce their reliance on imports. Known as the K-Ricebelt project, it is aimed at providing small farmers […] The post
By Samuel SAM In a bid to tackle climate change and its global impacts, the Centre for Culture and Environmental Conservation (CECECON), a non-governmental organisation (NGO), has been officially inaugurated at the Tamale Technical University (TaTU) in the Sagnarigu Municipality of the Northern Region. The organization aims to sensitise and advocate climate change awareness, in […] The post
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has told the government to empower any of the commercial banks to take over the running of the ‘Gold for Oil’ porgramme. To him, any commercial bank will be able to do so if its capacity is built by the government. Dr Addison said this […] The post Empower a commercial bank to take over ‘Gold
Buem Member of Parliament, Mr Kofi Adams, has asked the Governor of the Bank of Ghana (BoG), Dr Ernest Addison whether there is any commercial bank in Ghana capable of running the Gold for Oil programme if the central bank decides to shift to the operations to them. This was after Governor Addison hinted that […] The post Is there any commercial bank
West Ham star Mohammed Kudus has expressed his admiration for Liverpool midfielder Thiago Alcantara. In an interview with Sky Sports, Mohammed Kudus admitted that he Idolised the former Barcelona and Bayern Munich midfielder growing up due to his creativity. “I liked Thiago Alcantara a lot. I love players that player with creativity and try to […] The post Mohammed
Ahead of their Europa League encounter with Bayer Leverkusen tonight, West Ham United manager David Moyes has lauded the importance of Mohammed Kudus to his side. Kudus moved from Ajax to join the East London club this season and has been the toast of Hammers fans across the country. After what felt like a rough […] The post West Ham boss Moyes praises Mohammed Kudus’ importance
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