The discovery of oil in the last decade has presented an immutable opportunity in boosting Ghana’s economic growth. However, it has led to encountering some puzzling consequences into its resource exploitation.
For instance, in the upstream oil and gas value chain, every local and foreign entity carrying out operations has...
FBNBank Ghana Limited, a subsidiary of First Bank of Nigeria Limited, has inaugurated its ultramodern Ring Road Central branch, located at Nima Junction in Accra.
The opening of the new Ring road branch forms part of the bank’s strategy to reaffirm its commitment to Ghana as well as to demonstrate...
COCOBOD has signed a 1.3-billion-dollar syndicated loan with 28 banks to finance the purchase of cocoa beans for the 2020/2021 crop season.
The meeting which was organized via a video conferencing due to the COVID-19 pandemic saw 28 banks participate in this year’s syndication.
The loan has an interest rate of...
Nyaho Medical Centre, an indigenous leading private health provider, has donated a brand new VW Polo Seden vehicle to the Ayawaso West Municipal Assembly specifically the health directorate to facilitate movement and help in the fight against COVID-19.
According to the Nyaho, one of the first private hospitals to have...
Prudential Bank, an indigenous bank has reiterated its commitment to supporting and motivating teachers to continue training and developing the country's future leaders.
The Bank’s Executive Head of Operations, Mr. Thomas Broni in his remarks at a ceremony held in Accra during which the Bank donated a vehicle to support...
This September is a massive month in smartphone innovation. Samsung unveiled the Galaxy Z Fold2, which brings together the very best of foldable innovation technology, a category pioneered by Samsung, to change the shape of the future.
It is Samsung’s third-generation foldable device, pairing a stunning and bold design with...
Policy rate has no transmission effect on lending rate…... Na who cause am? The case of Ghana.
According to the Ghana Statistical Service, Ghana’s economy contracted by 3.2 percent in the second quarter for the first time in 37 years. However, growth has returned slowly as some of the covid-19...
Buoyed by the success of the initiative to provide young entrepreneurs with access to funding of between GH¢10,000 to GH¢100,000 to grow their businesses, the government, through Ministry of Business Development, will make available GH¢200 million to small-scale businesses and start-ups next year, the minster responsible for its implementation,...
Despite inflation trending downwards, the Monetary Policy Committee (MPC) of the Bank of Ghana, has for the third consecutive time, maintained the monetary policy rate at 14.5 percent, citing widening fiscal policy as the main concern.
Headline inflation, after peaking at 11.4 percent, has eased slightly above the upper band...
…commends Otumfuo for releasing 150-acre land
President Nana Addo Dankwa Akufo-Addo has inaugurated an integrated composting and recycling plant worth US$95 million in Kumasi to serve as the central point for processing waste generated in the Ashanti Region.
The facility, named after the Asantehene, Otumfuo Osei Tutu II, was established...