By Kizito CUDJOE The United Nations' Sustainable Development Goals (SDGs) are facing a significant threat, as less than 20 percent of targets are on track beyond the midpoint to 2030, according to Charles Abani, the UN Resident Coordinator for Ghana. Addressing the concerning state of the SDGs, Mr. Abani highlighted that...
...refutes exit rumours By Ernest Bako WUBONTO Société Générale Ghana (SGG) achieved a profit after tax of GH¢424million in 2023,  a growth of 290 percent despite the challenges facing the economy and the banking industry. The bank also reported growth in investments and deposits, leading to a liquidity increase from 88 percent...
The transition to clean energy is an environmental imperative and an economic juggernaut, now employing more people globally than fossil fuels, according to the 2023 World Energy Employment Report. Clean energy jobs have risen to 35 million, a growth of 4.7 million, while fossil fuel employment has lagged, remaining 1.3...
By Christabel DANSO ABEAM MTN Ghana Foundation has teamed up with Mobile Web Ghana to empower 70 young girls in STEM education, as part of activities marking ‘Girls in ICT Day' 2024. To facilitate this endeavour, MTN Ghana Foundation enlisted mentors from MTN Ghana specialised in STEM fields to address these...
Corporate demand, coupled with a strong U.S. dollar on the international market, has weighed heavily on the cedi in the first four months of this year (2024). As demand surpasses foreign exchange (FX) liquidity, asset management company Databank envisages a continuous weakening trajectory of the local unit this week in...
Zenith Bank (Ghana) Ltd. emerged from the first quarter (Q1) of 2024 with impressive financial results, showcasing a robust performance across profitability, liquidity and capital adequacy. The bank's unaudited financial statements for the period revealed a continuation of the stellar performance in 2023 with a 41.03 percent year-on-year (YoY) growth...
Ghana’s leading entertainer, songwriter and entrepreneur, and also one of Africa’s best creative artistes, Michael Owusu Addo - popularly known as Sarkodie - and FirstBank Ghana, formerly FBNBank Ghana, have announced a distinctive partnership which will see the two brands work together to deliver a unique citizenship agenda which...
By Joshua Worlasi AMLANU [email protected] Despite recent undersubscription of Treasury auctions, the market anticipates further trimming of yields, driven by a favourable inflation outlook and the Treasury’s resolute focus on easing yields. In the first quarter of 2024, T-bills yield across the curve shed an average of 3.49 percent, 3.63 percent...
Ghana International Bank plc (GHIB) has announced the promotion of Hueggert Acquaah-Arhin as the Bank’s Ghana Country Representative and Head of Africa Regional Coverage. This elevation was announced as the Bank continues to commemorate its 65th anniversary celebrations recently launched in Accra. Mrs. Hueggert Acquaah-Arhin (née Hueggert Annan) is a...
Members of the Ghana Upstream Petroleum Chamber have held a meeting with Alan Kyerematen, leader of the Movement for Change as part of a series of engagements that the chamber is carrying out with key stakeholders. The engagements are geared at helping critical stakeholders to understand the underpinnings of...