Ghana got an amount of US$430 million from the World Bank The money was to fight Coronavirus Pierre Frank Laporte revealed in an interview Ghana received a sum of US$430 million to fight the novel Coronavirus, World Bank Country Director, Pierre Frank Laporte has revealed. According to him, the money was …
Read More »Suspected robber shot dead in failed bank robbery
A suspected armed robber has been shot dead in a failed robbery attack on the Adonteng Rural Bank branch in Abomosu in Atewa West District in Eastern Region. The deceased armed robber was part of a robbery gang that attempted to attack the bank at about 1:55 am Friday, September …
Read More »Bank of Ghana issues new orders on captured ATM cards
The Bank of Ghana (BoG) says financial institutions must, within 24 hours of receiving a complaint from a customer regarding the capture of a payment card by an Automated Teller Machine (ATM), take steps to identify the cardholder and further work expeditiously to return the card to the customer. The central …
Read More »World Bank boss backs Dr Kofi Amoah, tells govt to stop excessive borrowing
• Citizen Kofi Amoah has gotten the support from World Bank in telling GoG to stop excessive borrowing • David Malpass warned that future generations are at risk • He advised the country to pay attention to its debts which resulted in the country been classified as high risk …
Read More »Akufo-Addo secures €170m to setup new Bank
The Ministry of Finance and the European Investment Bank have signed an agreement for the provision of a one hundred- and seventy-million-euro (€170 million) facility for the establishment of a new national bank, the Development Bank Ghana (DBG). DBG is an integral feature of the GH¢100 billion Ghana Cares ‘Obaatampa’ …
Read More »Bloodshed in West Bank as conflict broadens
IMAGE COPYRIGHTGETTY IMAGESimage captionThe violence in the occupied West Bank marked a widening-out of the conflict following days of hostilities Violent clashes between Israeli troops and Palestinians have spread across much of the occupied West Bank, following days of hostility in Gaza. At least 10 Palestinians are reported to have …
Read More »National Development Bank set take off in July – Finance Minister
The National Development Bank (NDB) will begin its operations by end of July this year, the Finance Minister, Ken Ofori-Atta has said. The Bank, according to him, would provide long term wholesale financing to the private sector through Commercial banks. The Minister said this at a press briefing on Sunday to …
Read More »2 Policemen, bank manager arrested for beating suspect to death
The Station Officer at the Seikwa Police Station and another policeman who was on duty in the Tain District of the Bono Region have been detained by the Bono Regional Police Command for allegedly molesting a suspect and buried him when he died in their custody last week. The manager …
Read More »Akuapem Poloo gives MoMo, bank account details for fundraising – DKB
Incarcerated actress Rosemond Brown, popularly referred to as Akuapem Poloo was looking good and doing well a day after she was jailed by an Accra Circuit Court for 90-days. This is according to comedian DKB who said on Sunday, April 18, that he had visited Poloo to give her moral support and that she …
Read More »Bank of Ghana finally receives US$3 billion Eurobond cash
The US$3 billion Eurobond cash raised by the Finance Ministry in the last week of March 2021 has hit the account of the Bank of Ghana. JoyBusiness reports that the BoG received the funds on April 7, but could not establish whether the necessary transaction cost of the lead managers …
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