The International Monetary Fund agreed this week to provide emergency financing for Malawi and South Sudan under its “food shock window,” a new channel to help countries that have urgent balance of payment needs due to acute food insecurity, a sharp increase in their food import bill, or a...
The IMF’s record $650bn reserves distribution came into effect earlier this week, with the fund’s managing director Kristalina Georgieva calling on wealthy nations to divert some of their allocation to poorer countries that need greater economic support amid the Covid-19 pandemic, particularly in Africa—which has only been allocated $33bn. Some...
The Executive Director and the Inspector-General of Schools of the National Schools Inspectorate Authority (NaSIA), formerly the National Inspectorate Board (NIB), Dr. Haggar Hilda Ampadu, has indicated that the authority has introduced policy measures that promote the extensive use of ICT as a mode of teaching and learning in...
FBNBank Ghana has launched its very modern banking operating software to improve customer experience and set new benchmarks for banking excellence in Ghana. The recently adopted banking operating software known as Finacle 11x represents a significant investment in technology and innovation, underscoring FBNBank’s commitment to delivering seamless, secure, and personalised...
In fact, no set of cybersecurity measures can be said to be 100% guaranteed; so feel free to report breaches when they occur, and to bring along all stakeholders in reducing their impact. As an organisation, it is very important to carry your staff and customers along on the journey...
Zeepay Ghana Limited, a fintech giant, has signed a Technical Cooperation Agreement with ICODE, a technology and business innovation hub to provide funding and technical services. It is believed that through this relationship, the youth in the Western Region will not only have access to Zeepay's Application Programming Interfaces (API)...
As the largest contributor to Ghana's Gross Domestic Product (GDP), accounting for over 50% of GDP, agriculture is essential for the country's overall economic development. In addition, it generates roughly 60% of export revenue. It economically supports 80% of the people, whether directly or indirectly, through farming, the sale...
The price for a bag of cement is likely to continue its ascendency and hit GH¢60 by end of the year if urgent steps are not taken to review, suspend or scrap some taxes and levies which affect the production cost build-up, cement manufacturers have said. The manufacturers say they...
Former president J.J Rawlings has been buried at the Military Cemetery in Accra.
The Public Utilities Regulatory Commission (PURC) has announced a substantial reduction in electricity tariffs, effective from April 1, 2024, to June 30, 2024, in a major move to alleviate the financial burden on consumers. Residential Consumers in the 0-300 kWh consumption bracket and lifeline consumers (0-30 kWh) will experience no...