The United States Administrator-Environmental Protection Agency (EPA), Michael S. Regan, has underscored the agency’s commitment to global environmental protection - announcing that it will support a conference for lab and field research on cookstoves.
Mr. Regan is on a visit to Ghana, and after touring the Council for Scientific and Industrial...
The cedi has enjoyed a strong week, gaining ground against major currencies and fuelling optimism among analysts who predict continued appreciation.
This positive outlook is largely attributed to two key factors: anticipated inflows from the World Bank and easing foreign exchange (FX) demand pressures.
The World Bank's approval of a US$300million...
Despite the recent change in Cash Reserve Ratio (CRR) policy during November 2023, liquidity in the market remains high - prompting the Bank of Ghana (BoG) to signal further efforts aimed at mopping up excess liquidity.
Dr. Ernest Addison, Bank of Ghana Governor, acknowledged the prevailing liquidity situation in a...
…fueling a need for urgent, coordinated action
The rate of climate change surged during 2011-2020, undermining food security, national development and progress towards the Sustainable Development Goals (SDGs), according to a report launched recently.
In The Global Climate 2011-2020: A Decade of Accelerating Climate Change, the World Meteorological Organization (WMO) reveals...
OmniBSIC Bank, the fastest-growing Bank in Ghana and Bank of the Year, 2023 has relocated its Anloga Branch in Kumasi tothe City Style Building on Stadium Road Amakom, Kumasi as part of the Bank’s ongoing brand enhancement effort.
The relocation of the branch is aimed at providing an improved banking...
...gov’t must increase funding to SLTF
The Students Loan Trust Fund (SLTF), established to give subsidised loans to Ghanaian tertiary students studying in accredited institutions, has been hit with an acute funding challenge, evident in its inability to honour about GH₵50million to qualified applicants in the 2023 academic year.
The 2023...
UBA Ghana reaffirms its unwavering commitment to excellence in customer service for the year 2024 and beyond, positioning itself as a leader in the banking and financial service industry. Uzoechina Molokwu, Deputy Managing Director at UBA Ghana, emphasised the bank's dedication to prioritising customer satisfaction and delivering outstanding banking...
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite.
This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months.
Speaking...
Recapitalisation efforts on track, profitability rebounds
Stability Fund offers additional support
Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana...
Finance Minister, Ken Ofori-Atta has called for an all-hands-on-deck approach to addressing the climate financing gap that has left third world countries feeling the brunt of the long-term shifts in global temperatures and weather patterns.
He made the call at the Climate Vulnerable Forum (CVF) Leaders’ Investment Roundtable in Davos,...