The Board of the African Development Bank Group (AfDB) has approved a $1.5 billion facility to help African countries avert the looming food crisis. The ‘African Emergency Food Production Facility’will
Interest Rate Now 19%
Dr. Ernest Addison BANK OF Ghana (BoG) has raised the policy rate to 19 per cent in an attempt to bring the fast-rising prices and depreciation of the cedi
Diamond Cement Rewards Distributors
A distributor receiving his prize Diamond Cement Group has rewarded its distributors who contributed to the successful operations of the company across the country. Over 45 distributors were rewarded
TMT Investment To Unlock Economic Growth
Titus Nampala RAND MERCHANT Bank (RMB), the corporate and investment banking arm of FirstRand Group, of which First National Bank is a member, has announced it is continually driving
BoG Increases Policy Rate By 200 Points To 19 %
Dr. Ernest Addison – BoG Governor The Bank of Ghana (BoG) has raised the policy rate by 200 basis points to 19 percent at the Monetary Policy Committee (MPC) meeting
NPA Sanctions 7 Oil Companies
Some seven oil companies have been penalised by the regulator, National Petroleum Authority for third party violation. The companies include Moari Oil Co. Ltd, Rodo Oil Co. Ltd, MBA Global
Nana Pledges Support To Private Sector
President Akufo-Addo and Chris Ofikulu PRESIDENT AKUFO-Addo has reiterated his government’s commitment to the growth and development of the private sector. This was when the newly appointed Managing Director (MD)
Export Barbados, GUTA Eye $3.6m Trade Collaboration
Officials of Export Barbados and GUTA in a pose after their meeting THE BARBADOS Investment and Development Corporation (BIDC), also known as Export Barbados, are set to enter into business
Remittances To Ghana Hit $4.5bn In 2021
Ghana recorded a total of $4.5bn in remittances in 2021, according to the World Bank Migration and Development Brief. The figure represents a five per cent increase in inflows from
RMB Spearheads Africa’s Energy Landscape
Titus Nampala RAND MERCHANT Bank (RMB), the corporate and investment banking arm of FirstRand Group of which First National Bank is a member, has announced it is actively involved in
Senior Economist Explains Economic Hardship
Professor Peter Quartey, Director, ISSER DIRECTOR of the Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana, Prof. Peter Quartey, has explained some factors responsible for
COCOBOD Woos Nigeria, Cameroon
Joseph Boahen Aidoo (middle) flanked by other officials of COCOBOD at the meeting CHIEF EXECUTIVE Officer of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has stated that Africa will
Demand APR On Your Loan- BoG Advises Bank Customers
Dr. Ernest Addison The Bank of Ghana (BoG) has asked commercial banks in the country to provide Annualize Percentage Rate (APR) to customers who are seeking facilities from the financial