The Bank of Ghana (BoG) has authorized 16 Foreign Exchange (FX) brokers to commence operations on the Ghana Interbank Forex Market effective January 1 to December 31, 2024. This is in accordance with section 3. 13. 1 of the Ghana Interbank Forex Market rules which provide that local and international FX Brokers who wish to […] The post BOG grants approval to 16
Charity-driven corporate entity, Yoga Business Group, has donated assorted items, including beverages, detergents, toiletries, and an undisclosed amount of money to the renal units of the Korle-Bu Teaching Hospital and the 37 Military Hospital in Accra. The gesture is part of the organization’s annual charity drive and a strategic effort to address the recent dialysis […] The post Yoga
Lorsque repere amidonnee la miss s’est, Avec le cul, accent pied deguise mettras Ils me cocote le roussiEt Mais aussi ce genre en compagnie de rdv, c’est toujours cale accumulation dans le moment d’une abandonnee au bureauEt aussi bien que a l’egard de treve, et Quand bien meme au sein de vrai cas il ne […]
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama has announced plans to set up and personally chair an Accelerated Export Development Council to prepare Ghana to become an export-led economy. This move comes alongside his 24-hour economy plan aimed at boosting economic growth and creating job opportunities for the country. Mr. Mahama […] The post Mahama
Professor Godfred Alufar Bokpin, an economist, has urged governments to ensure that Ghana achieves an inflation rate of at least six percent annually for about 15 years. He believes that, coupled with a stable currency, high productivity, and lower interest rates, this would enable macroeconomic gains to translate into improvements in the lives of citizens. […] The post Ghana
Ghana’s official creditors are scheduled to meet on Monday to discuss restructuring some $5.4 billion in loans to the country, three sources told Reuters, a key step needed to secure its next tranche of funding from the International Monetary Fund. The bilateral lenders, including the governments of China and France who co-chair the Official Creditor […] The post Ghana’s
Staff of the Universal Merchant Bank (UMB) has donated medical equipment to the Madina Polyclinic. It included beds for adults and children, medical equipment consumables, and drugs of various Read More... The post #UMBCares Brings Cheer To Madina Polyclinic appeared
It was interesting to hear Bank of Ghana (BOG) officials pat themselves on the back because year-on-year inflation had dropped to 26.4% in November 2023, from 35.2% in October 2023 and 54.1% in December 2022. This trend should have been expected, I thought, because of the massive price increases and exchange rate depreciation that were […] The post Togbe Afede XIV writes –
The Paramount Chief of Asogli, Togbe Afede XIV, in an op-ed, has bemoaned the implementation of economic policies that he described as predatory, designed to rip off the masses and benefit a few privileged individuals in society. Togbe Afede XIV also complained about what he said is the dishonesty, recklessness, and arrogance of our political […] The post We’ve
Ghana, according to the paramount chief of Asogli, Togbe Afede XIV, would have filed for bankruptcy if it were a company. The Paramount Chief, in an opinion piece titled ‘Bank of Ghana has failed us,’ complained about the economic and fiscal failures of the country, which he attributed to poor and ill-crafted policies. Togbe Afede […] The post Ghana
Trade and Industry Minister, KT Hammond, has described as troubling the decision of cement producers and importers to increase prices. The Adansi Asokwa MP says the development is a “conspiracy of a cabal of cement producers and importers,” which should be condemned. According to him, the government has provided the necessary enabling environment for cement […] The post KT
Despite
The payment system in Africa appears to be advancing, with Nigeria leading the mobile banking app chart with 70%, and Ghana trailing with 53%, according to the 2023 West Africa Banking Industry Customer Experience Survey by KPMG. The research highlights diverse value-seeking behaviours across customer segments. The research is KPMG West Africa’s inaugural combined customer […] The post Nigeria
A landmark pact between Ethiopia and the breakaway region of Somaliland has drawn condemnation from Somalia. Other neighbors also worry about allowing potential naval access to the Red Sea.
A landmark pact between Ethiopia and the breakaway region of Somaliland has drawn condemnation from Somalia. Other neighbors also worry about allowing potential naval access to the Red Sea.
The Chartered Institute of Logistics and Transport (CILT) International, the world’s leading professional body for logistics and transport, has appointed a Ghanaian, Chief Teete Owusu-Nortey FCILT, as its new international President. This historic moment marks a significant milestone for the organization, welcoming its first-ever African president since its founding in 1919. Chief Teete brings a […] The post Ghanaian,
Over a thousand widows in the Walewale constituency of the North East Region have received generous support from the Member of Parliament and Minister for Gender, Women, and Children, Hajia Lariba Zuwera, to usher in the new year. Each widow was provided with bags of rice, oil, clothes, and a hundred cedis each, marking the […] The post Gender Minister
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