The Agricultural Development Bank (ADB) has contributed GHC100 million towards the Planting for Food and Jobs initiative. In a speech read by Mr Alhassan Yakubu-Tali, Deputy Managing Director of the Bank, on behalf of Dr John Kofi Mensah, Managing Director, he explained that the fund has been committed in the form of credit facilities and […]
Tag: agricultural development bank
The Agriculture Sector, a priority for Ghana’s sustainable future
The Agricultural Development Bank creates jobs for people to help them come out of poverty Dr Kofi Mensah, managing director of Agricultural Development Bank We decided to support agriculture because our country’s rural population is very significant (in terms of its size) and the great majority of people work in agriculture. ADB has two main […]
Government can’t sack CEOs – Supreme Court declares
Chief Justice, Justice Sophia Akuffo The removal of heads of public corporations as a result of a change of government has been declared as unconstitutional by the Supreme Court. In a unanimous decision, a seven-member panel of the court, presided over by the Chief Justice, Justice Sophia Akuffo, held that per Article 190 Clause 1(b) […]
4 banks in Ghana which made profit in the 1st quarter of 2019 after recapitalisation
Some banks in Ghana have recorded profits within the first quarter of 2019 after the Bank of Ghana’s (BoG) $77 million (GH₵400 million) recapitalisation requirement was enforced. 4 banks in Ghana which made profit in the 1st quarter of 2019 after recapitalisation The profit comes as these banks are able to undertake additional transactions including […]
Akufo-Addo launches new cash crop programme
President Akufo-Addo says government is taking the necessary steps towards the establishment of the relevant institution to regulate tree crop development in the country. President Nana Akufo-Addo says the newly inaugurated Planting for Export and Rural Development (PERD) programme will enhance the foreign exchange earning capacity of the Ghanaian economy. According to President Akufo-Addo, “PERD […]
Tumu College of Education Principal extols government
Principal of the Tumu College of Education, Bernitus Adams Kaleo Principal of the Tumu College of Education in the Upper West Region, Bernitus Adams Kaleo has praised government for taken pragmatic steps to improve the quality of teacher education. According to him, the introduction of a 4 year Bachelor of Education program is a wise […]
Police man, three others jailed 70 years for robbery
The Accra Circuit Court has sentenced a policeman and three others to a total of 70 years imprisonment for robbing a supermarket at Nungua in Accra on December 12, 2017. Corporal Raymond Amegashie will serve 20 years in prison, Ibrahim Ayirebo was given 18 years while Bright Dorkanu and Stanley Akorli will each serve 16 […]
Policeman, 3 others jailed 70 years for robbery
A policeman and three others have been sentenced to a total of 70 years’ imprisonment by the Accra Circuit Court for robbing a supermarket at Nungua in Accra on December 12, 2017. It was established, during the trial, that the convicts — Corporal Raymond Amegashie, Ibrahim Ayirebo, Bright Dorkanu and Stanley Akorli — entered the […]
‘GAT banks’ now meet new capital requirements
Dr Ernest Addison (2nd left) in a chat with journalists after the news conferrence The five indigenous banks that the Ghana Amalgamated Trust Limited (GAT) Limited is supporting to recapitalise have now met the Bank of Ghana’s (BoG)GH¢400 million capital directive, the Governor Central Bank, Dr Ernest Addison, has confirmed. Dr Addison said the central […]
Ghana Amalgamated Trust vows to maintain local ownership of 5 banks
Managing Director of Ghana Amalgamated Trust (GAT), Mr Eric Nana Otoo The Ghana Amalgamated Trust (GAT) has vowed to maintain the local ownership of the five indigenous banks to benefit from its intervention. The Agricultural Development Bank (ADB), National Investment Bank (NIB), OmniBank Ghana Limited / Bank Sahel Sahara Ghana (OmniBank / BSIC), Universal Merchant […]