Absa Group Limited has indicated that it is still committed to a growth pathway despite prioritising capital and liquidity security in the short-term, as both approaches are not mutually exclusive, its Chief Executive Officer Daniel Mminele has said. Speaking at a virtual meeting to discuss the group’s interim financial results...
For the first time in the history of the African Development Bank, its Annual Meetings will be held virtually to comply with the COVID-19 pandemic-related social-distancing guidelines. The Governors' Dialogue and the election of a president will be top of the agenda of the upcoming Meetings scheduled for 26-27 August...
DEG has given a total of US$85 million long-term loan facility to First National Bank Ghana. This is part of its support for financial institutions to widen the access to credit for SMEs and businesses within the real estate value chain in developing countries who may have been impacted...
The Managing Director of the Agricultural Development Bank (ADB), Dr. John Kofi Mensah, has said the Bank will support Outgrower Farmers supplying raw materials to factories under government’s One District, One Factory (1D1F) initiative. According to Dr.  Mensah, industries established under the One District, One Factory in need of agricultural...
The Ghana Health Service (GHS) has commended Vodafone Ghana Foundation for its annual charity activity ‘Vodafone Homecoming’ - an initiative that has helped settle medical bills for thousands of patients in many health institutions across the country. Speaking during the virtual ceremony to launch the second phase of the Vodafone...
Vice President Dr. Mahamudu Bawumia, has made a strong case against any move to tax Mobile Money (MoMo), saying its implementation would adversely affect the poor and further discourage the digitisation agenda of government. His comments come on the back of debate over whether transactions done through mobile money platforms...
The French Development Agency (AFD) has granted a US$85million 10-year debt facility to the Ghana Infrastructure Investment Fund (GIIF). The AFD is also providing a technical assistance (TA) subsidy of 400,000 euro. The loan will provide an on-lending facility to qualifying climate and social projects financed by GIIF. The technical assistance...
Schoolchildren from the Nhyiaeso Basic School have applauded MTN Ghana Foundation for building and handing over a six-unit classroom block and staff bungalow for children in the area. The facility was put up at a cost of GH¢500,000 and will serve about 356 pupils.  It comes with a staff common-room...
The plan to build a new airport at Ningo-Prampram, which has been in the works since the 80s, is still on government’s mind; but plans to further expand Kotoka International Airport (KIA), via an additional runway and other facilities, are also not off the table, Aviation Minister Joseph Kofi-Adda...
The Vice President, Dr. Mahamudu Bawumia says the Akufo-Addo government's decision to introduce a new, no-guarantor student loan scheme is aimed at aiding young people, especially the less privileged, to seek tertiary education. Speaking on Peace FM's Kokrokooo during an exclusive interview on Tuesday, Dr. Bawumia said, following the highly...