Featured
How a UN farmer-support programme exposed some to fraud – Bright Simons
In April 2014, the government of Ghana borrowed $46 million from Rome-based IFAD, the International Fund for Agricultural Development, a UN body that, as its name suggests, finds money for countries to fix some of their agricultural challenges. IFAD’s loans often go to support projects targeting agro-processing, food security, improved smallholder farmer productivity, and similar […]
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Business
NBC announces ambitious growth strategy as it marks 30th anniversary
The National Banking College (NBC), founded in 1994 as the first specialist academic training institution for middle to top-level bankers, has marked its 30th anniversary. During the celebration on Friday, April 26, Gloria Quartey, the principal of NBC, reflected on the institution’s evolution into a beacon of banking education and shared plans for expansion, international […]
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Movies
More creatives should get into politics – Akofa Edjeani
Veteran Ghanaian actress, Akorfa Edjeani has encouraged creatives and personalities in the showbiz industry to venture into politics to support
The post More creatives should get into politics – Akofa Edjeani first appeared on 3News.
Movie
Meet legendary actor Fred Amugi’s 100-year-old mother
On April 24, 2024, the mother of legendary Ghanaian actor Fred Amugi turned a magnificent 100 years old. To mark this incredible milestone, the celebrated actor and his friends at Flora Tissue (a brand he represents) orchestrated a delightful surprise visit for his mom. The heartwarming event showered her with gifts and a special musical […]
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Featured
Energy sector woes: We’re in perilous times; I pity Ghanaians – Franklin Cudjoe
Franklin Cudjoe, the CEO of IMANI Africa, has expressed concern for the people of Ghana amidst the current challenges in the energy sector. In addition to the irregular power supply, Ghanaians are grappling with a rise in fuel prices. Fuel prices were raised by several Oil Marketing Companies (OMCs) on April 16, 2024, marking the […]
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Entertainment
I must win Artiste of the Year again – Okyeame Kwame
Ghanaian rap icon, Kwame Nsiah-Apau, widely known as Okyeame Kwame has boldly declared his determination to reclaim the coveted title of TGMA (Telecel Ghana Music Awards) Artiste of the Year. With a career spanning decades and a legacy etched in the annals of Ghanaian music history, Okyeame Kwame’s aspirations carry the weight of experience and […]
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Headlines
2024 Election: An electoral tsunami will hit Ghana – Prof. Wutor
President of the Canada branch of the Professionals Forum (PROFORUM) of the opposition National Democratic Congress (NDC), Prof. Victor Wutor has predicted what he terms an electoral tsunami come December 7. The Professor of Biotecnology at the Rhodes University has therefore charged members of the NDC to stand ready. Speaking at the Diaspora Townhall Forum […]
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Business
Stanbic executive calls for involvement of financial institutions in wholesale electricity market
Sydney Nii Ayitey Tetteh, Executive Vice President, Energy and Infrastructure at Stanbic Bank Ghana, has emphasized the important role of financial institutions in the soon to be implemented wholesale electricity market. He made this statement at the Electricity Market Conference held at the Volta Residence, Akuse in the Eastern Region. The Electricity Market Conference had […]
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Business
Don’t hang onto industries you can’t maintain and run – Otumfuo to Gov’t
Asantehene, Otumfuo Osei Tutu II, has urged the government to diversify companies it cannot maintain and run efficiently. According to him, there are a number of government companies and entities that are struggling that can do well with private partnerships. He disclosed this during the commissioning of a 430-kilometre natural gas pipeline by Genser Energy […]
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Banking & Finance
OmniBSIC Bank makes GH¢150m gain in 2023
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […]
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International
Former US diplomat who spied for Cuba sentenced to 15 years in prison
Victor Manuel Rocha, a former United States diplomat, has been sentenced to 15 years in prison after admitting to acting as an agent of Cuba, in what the US Department of Justice has called one of the highest-reaching and longest-lasting infiltrations of the US government. According to US prosecutors, Rocha secretly supported Cuba’s governing Communist […]
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Banking & Finance
OmniBSIC Bank makes GH¢150m gain in 2023
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […]
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Banking & Finance
Fidelity Bank reaffirms commitment to empowering women-owned businesses
Fidelity Bank, Ghana’s largest privately-owned bank, reaffirmed its commitment to empowering women entrepreneurs during the Women in Business Dialogue Series hosted by the Business and Financial Times. Nana Esi Idun-Arkhurst, Divisional Director, Retail & Business Banking at Fidelity Bank, delivered impactful insights at the event, emphasizing the importance of cultivating investor-ready businesses and Fidelity’s commitment […]
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Movies
Mr. Ibu’s burial date announced
The family of late Nollywood actor, John Okafor, widely known as Mr. Ibu has set June 28 as the burial date for the late comic actor.
The post Mr. Ibu’s burial date announced first appeared on 3News.
Movie
Budget cuts shouldn’t cost lives – Joselyn Dumas on Jnr Pope’s tragic death
Popular Ghanaian actress Joselyn Dumas has stated that budget cuts shouldn’t be the reason for creatives to die. Nigerian actor Junior Pope died in a boat accident on Wednesday, April 10, 2024. In the final video the late Nollywood actor shared online before his death, he could be seen riding a boat without a life […]
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General News
SHS Enrolment Goes High
Dr. Yaw Osei Adutwum Ghana’s education sector is reaching a watershed moment as the country sees unprecedented growth in Senior High School (SHS) enrolment. As of March 18, 2024,
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The post SHS Enrolment Goes High appeared first on DailyGuide
Banking and Finance
Many banks may soon struggle due to over-subscription of govt bonds – Report
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the excessive subscription of government bonds. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the prolonged maturity period of […]
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Business
BoG’s Cash Reserve Ratios hampering private sector credit – Analysts warn
Credit to the private sector by banks will continue to squeeze due to the Bank of Ghana’s high Credit Reserve Ratios (CRR). This is one of the key findings and conclusion of a research paper by banking consultant, Dr. Richmond Atuahene and data and research analyst, Isaac Kofi Agyei. The report titled ‘Thirsty Banks: Ghana’s […]
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