Sunday, June 26, 2022

Business

GCB Bank welcomes DBG

By Naa Dzagbley Ago GCB Bank PLC has welcomed the coming on board of the Development Bank Ghana, DBG. According to GCB, the new establishment will not only benefit banks but boost the Small and Medium-sized Enterprises, SME sector especially...

Dr. Bawumia reiterates need for CEOs to embrace Ghana’s digitalization agenda

Vice President Mahamudu Bawumia has charged stakeholders in the business community to be the change they envisage by embracing technology to advance the digitisation agenda. Addressing the 6th Ghana CEO's Summit in Accra, Vice President Bawumia said while the government...

Rising policy rate alone not panacea to Ghana’s inflationary pressures – IEA

The Institute of Economic Affairs (IEA), a policy Think-tank, says Ghana requires concrete policies and programmes to spur its economy into a vibrant industrialised one. The Institute said the country must develop sustainable industries to add value to its rich...

AfDB Board of Governors call on President Akufo-Addo at Jubilee House

By Bright Ntramah President Akufo-Addo has appealed to the board of governors to the African Development Bank (AfDB), to support efforts aimed at transforming the bank into the preferred multilateral financing institution for Africa’s development. The President made the appeal when...

AFD, GCB sign agreements to support cleaner energy projects in Ghana

By Charles Sarpong Amponsah The Agence française de développement (AFD), and Ghana Commercial Bank (GCB), have signed agreements to provide cheap loans and grants to cleaner energy projects. The $13.7 million Credit Facility and €1 million Grant Financing Agreements to support...

7 Petroleum Companies sanctioned for illicit trading

By: Mabel Annag & Dominic Hlodzi The National Petroleum Authority, NPA has fined seven Petroleum Service Providers, PSPs for engaging in illicit Third-Party trading of petroleum products, and unlawful lifting of petroleum products. The companies are Moari Oil, Rodo Oil,...

President Akufo-Addo & Felipe Jacinto Nyusi of Mozambique discuss potentials from African Continental Free Trade

By Mercy Darko President Akufo-Addo and the President of Mozambique Felipe Jacinto Nyusi were at the African Continental Free Trade Area Secretariat to discuss issues of concern that will improve Intra-African trade. President Akufo-Addo impressed on member countries to ratify the...

“TUC will not take anything below inflation rate”- Deputy Secretary-General

Mr. Joshua Ansah, the Deputy Secretary-General of the Trades Union Congress (TUC-Ghana) has indicated that the TUC will not accept any pay increment less than the prevailing inflation figure. He said when they took office, they chose the course of...

Weak Cedi pushes Ghana’s debt to more than GH¢390 billion as of April 2022

Recent data released by the Bank of Ghana put Ghana’s total public debt stock, as of March 2022, at US$ 55.1 billion or GH¢391.9 billion. In Dollar terms, the debt dropped by over $3 billion in the first 3 months...

BoG increases policy rate by 200 points

By Naa Djagbley Ago The Monetary Policy Committee of the Bank of Ghana has increased the policy rate by 200 basis points to 19%. The decision, according to the Committee, was arrived at due to inflationary pressures coupled with ongoing global...

Latest News

Ghana showcased in colours at Okyeman Ohum Homecoming Festival

By Nana Asare Mireku Another opportunity to portray culture in pome and pageantry as Vice President, Dr. Mahamadu Bawumia, entreated...

Transit trade declines by 23% in first quarter of 2022

By Nathaniel Nartey Data from the State Insurance Company (SIC), has revealed that transit trade for the first quarter of 2022 decreased by 23 percent...

Stigmatising return migrants is dangerous to migration management – stakeholders

Ms Josephine Oppong-Yeboah is a media personality and gender advocate. She believes that the best every community could do to their return migrants was...

Citizens must be at centre of every decision made by government- Speaker

Story: Franklin ASARE-DONKOH Speaker of Ghana’s Parliament, Rt. Hon. Alban S.K. Bagbin, says Ghanaians must be at the centre of every decision made by the...

Parents urged to support pregnant and parenting teens

By Seraphine Nyuiemedi The Afadzato South District Girls Education Officer, Janet Esi Hammond, has appealed to parents to support their pregnant teenage girls or those...