Isaac Adongo The Confederation of Governance Assessment Institute (COGAI) has honoured financial analyst and Member of Parliament for Bolgatanga Central Constituency, Mr Isaac Adongo, for his hard work, fairness and balanced contribution to national development discourse. At its 2018 Pan African Republic Honourary rewarded night in Accra, the institute awarded Mr Adongo as one of […]
The Confederation of Governance Assessment Institute (COGAI) has honoured financial analyst and Member of Parliament for Bolgatanga Central Constituency, Mr Isaac Adongo, for his hard work, fairness and balanced contribution to national development discourse. At its 2018 Pan African Republic Honourary rewarded night in Accra, the institute awarded Mr Adongo as one of the top […]
The Fujian Sentu Ceramic Tile Factory President Nana Addo Dankwa Akufo-Addo on Wednesday, 27th February, 2019, commissioned the Fujian Sentuo Ceramics Company, a ceramic tile manufacturing company located in Kpone, in the Greater Accra Region and operating under the 1-District-1-Factory initiative. With the company employing some 1,500 employees, and sourcing 90% of its raw materials […]
Dr Ade Freeman, African Regional Programme Leader of Food and Agricultural Organisation (FAO) of the United Nations, has said about $40 million is needed to fill the financial gap in the agricultural sector. He said there is a deficit in the sector and until that amount was amassed the sector would continue to lag behind. […]
The Majority in Parliament have served notice that they will use their numbers to push through government’s request for a ¢2 billion sovereign guarantee for the Ghana Amalgamated Trust (GAT). The request is before the House’s Financial Committee for approval and Parliament is supposed to consider it on Wednesday. GAT’s formation and debt sale come […]
President Nana Akufo-Addo says he is troubled by the weakening local currency against major trading currencies. The local currency has witnessed some significant depreciation selling at ¢5.51 against the American dollar at the end of trading on February 25, 2019. Some currency dealers and treasurers have argued that challenge facing the cedi is supply issue […]
Bond Connect Company Limited (BCCL) today (Friday) launched its Primary Market Information Platform at a ceremony held at the HKEX Connect Hall. The Primary Market Information Platform is the first English-language portal for the dissemination of Chinese primary bond market information. The new portal provides timely and reliable information on new Chinese bond issuances to […]
Governor of the Bank of Ghana, Dr. Ernest Addison Governor of Ghana’s central bank, Dr Ernest Addison, is calling for a discussion and decision on the status of the National Investment Bank (NIB). At a press briefing after reviewing the health of the economy, the Governor stoked the debate as to whether the bank should […]
Ghana will start a debt sale next month to prop up lenders as authorities seek GH¢2 billion ($403 million) in finance for banks undercapitalized banks. The government created a special-purpose vehicle known as Ghana Amalgamated Trust, or GAT, which will use the debt sale’s proceeds to purchase shares in five lenders and help them meet […]
Dr Ernest Addison, Bank of Ghana Governor This follows a confirmation from the Bank of Ghana that twenty-three banks have so far been left to operate following the $81 million minimum capital requirement for universal banks. Prior to the exercise, thirty- six banks were operating the country. The Governor of the BoG, Dr Ernest Addison […]
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