Ghana's largest privately-owned indigenous bank, Fidelity Bank Ghana, has launched a 5-year Gender Action Plan to promote gender inclusion in accessing financial services. This plan has aims to position the bank as the benchmark for gender-inclusive banking in Ghana. The bank, in partnership with AfricInvest and BIO Invest, has engaged...
The National Petroleum Ladies Association has donated food items and an undisclosed amount of money to inmates of Village of Hope. The support to the orphanage at Gomoa Fetteh in the Central Region is part of the corporate social responsibility of the authority. The items – including food stuff such as...
Without doubt, Ghana’s heavy dependence on imports, especially rice, places tremendous pressure on the cedi; thus creating an unfavourable balance of payments position. On average, Ghana’s import bill exceeds US$10billion annually. This import bill is accounted for by a diverse range of items which include agricultural products like rice,...
Food security could be under serious threat, with the country increasingly reliant on donor agencies and development partners (DPs) to fund local agricultural production and development. This is despite an expected reduction in donor funding support for the country due to the global economic crisis. In 2022, some 26.6 percent...
The Social Security and National Insurance Trust (SSNIT) has increased monthly pension payments by an average of 25 percent for this year. The upward adjustment, which will take effect this month, reflects changes in inflation and minimum wage SSNIT said, adding that it also factored-in the fund’s sustainability.  The decision...
Private pension funds have maintained their strong growth over the years, reaching a record high of GH¢28billion in 2021 from the previous year’s GH¢22billion. The increase represents 27 percent, with private pension funds - the mandatory 2nd Tier and voluntary 3rd Tier schemes - now controlling a 71 percent share...
Miss Ghana 2004, Inna Mariam Patty, has earned herself a remarkable feat after graduating from a Graduate Diploma programme in Law with distinction. The CEO of Exclusive Events Ghana, organisers of the Miss Ghana pageant, graduated from the University of Law London, UK on October 24, 2022, earning a Diploma...
The Individual Bond Holders Association of Ghana (IBHAG) has cautioned the government against the inclusion of its members’ investments in the government debt restructuring process without engaging with them. IBHAG warns that any disregard of this caution will be met with the most fierce resistance yet from its members. The...
Republic Bank (Ghana) PLC has appointed Mrs. Akua Oduraa Botchway as the new company secretary. She assumed the role effective January 1, 2023, following the Bank of Ghana’s approval. Akua Oduraa Botchway is a lawyer by profession and has over 20 years of cross-functional private and public service experience in Legal,...
Mobile money customers who are wrongfully overcharged following the implementation of the 1 per cent levy on electronic transfers will be reimbursed, the Ghana Revenue Authority (GRA) has assured. Speaking to Accra-based Citi FM, a member of the E-levy Technical Committee GRA, Opoku Afriyie Asante, said the Authority is...