Dr. Ernest Addison, Governor of the Bank of Ghana, has said the Bank is working with the industry to build a resilient and sound banking sector capable of weathering the COVID-19 storm in order to quicken economic recovery. The Governor, who is promising proactive measures to pre-empt potential risks in...
The Cedi continued to trade above 6 to the dollar, weakening to 6.01 from 6.005 at last week’s close as liquidity conditions remain tight. Some analysts are projecting that Ghana’s economy will expand by 8.9% in the second quarter of 2021 compared to the same period in 2020, boosted...
President Akufo-Addo has designated Ignatius Baffour Awuah, Minister for Employment and Labour Relations, as Minister responsible for pensions. The appointment, effective Monday, January 30, 2023, pursuant to section 211 of the National Pensions Act 2008 (ACT 766), allows Mr Awuah to oversee the affairs of the National Pensions Regulatory Authority...
The cousins visit My 3 tween nephews came to spend a few days during Lockdown with us and we were glad to have them over!  The first 3 days we just lazed about, stuffing our faces with anything edible and flipping through TV channels for anything that would fascinate or...
Hollard Life Assurance, a subsidiary of Hollard Ghana, has supported the Kumasi Central Prison’s canteen project with bags of cement. The presentation was done by Nashiru Iddrisu, Managing Director of Hollard Life, in the presence of Kwaku Gyapong Fosuhene, Branch Manager of Hollard Life Kumasi, and Hollard Life Kumasi Sales...
Group Executive Chairman and Founder of Bond House Medical Centre - a private health facility in Tema, Krobo Edusei Jnr., has indicated that the facility is positioned to transform the healthcare delivery system in Ghana with high quality healthcare services. According to him, the facility - which has opened an...
Kaaseman Rural Bank Limited at Sefwi-Kaase in the Bia East district of the Western Region has posted satisfactory growth across performance indicators during the 2019 fiscal year under review. The bank recorded margin increases in areas such as total assets, advances, investments and deposits; while reserves, profit and shareholders’ funds...
The Director for Planning, Research, Monitoring, and Evaluation for the National Pensions Regulators Association (NPRA), Ernest Amartey Vondee, has asserted that about 53.3% of pensioners earn less than GH¢1,000 a month. Speaking as a panellist during Old Mutual’s ɔbra Pa retirement salary stakeholder engagement programme held in Accra, Mr. Vondee...
Good corporate governance structures have been identified as key catalysts for the implementation of the Africa Continental Free Trade Area (AfCFTA) in the country. Formulated with core pillars of accountability, integrity, responsibility, transparency and efficiency, the National African Peer Review Mechanism Governing Council (NAPRM-GC) said, good corporate structures can speed...
Until COVID-19, many people in the developing world felt good about their futures. Overall, developing countries had recovered quickly from the 2009-10 Great Recession, and many – especially in Africa and Latin America – were enjoying the benefits of China’s ever-growing demand for oil, minerals, and agricultural commodities. Expectations...