Author: citibusinessnews
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![Our Monetary Policy Needs Urgent Review – Togbe Afede XIV [ARTICLE]](https://citibusinessnews.com/wp-content/uploads/2021/11/Togbe-Afede-XIV.jpg)
Our Monetary Policy Needs Urgent Review – Togbe Afede XIV [ARTICLE]
This article is a rejoinder to Bank of Ghana, BOG’s press statement headlined, “Responses to Issues Raised by Togbe Afede XIV (TAXIV) on High Interest Rates in Ghana”. During the courtesy call on me by the Rt. Hon. Alban Bagbin, Speaker of Parliament, on November 20, 2021, I spoke against BOG’s high monetary policy rate…
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BoG responds to Togbe Afede XIV on High Interest Rates in Ghana
The Bank of Ghana’s attention has been drawn to a recent article published on JOY FM online platform (myjoyonline.com) with the caption: “Bank of Ghana has lost focus”, and which has since been republished by other media houses and circulated widely on social media. In the said article, Togbe Afede XIV is reported to have…
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Chartered Institute of Logistics and Transport announces Chief Teete Owusu-Nortey as new President
The Chartered Institute of Logistics and Transport (CILT) has announced the appointment of Chief Teete Owusu-Nortey as President-Elect of the institute. A press statement issued on the Institute’s website, notes that Chief Teete Owusu-Nortey will assume his role as President-Elect from January 1, 2022. “The Trustees are delighted to announce that Chief Teete Owusu-Nortey, FCILT…
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BoG forwards suspected financial crime cases to EOCO for further probe
The Bank of Ghana has forwarded a number of suspected financial crime cases to the Economic and Organised Crime Office (EOCO) for investigations. According to the Central Bank, these include suspicious claims to the Bank of Ghana for the payment of certain large sums of money purportedly remitted to them by foreign counterparties through some…
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Auto Parts Ltd unveils new Nissan Navara double-cabin pickup
Sole authorised distributors of Nissan vehicles in Ghana, Auto Parts Limited, has unveiled the new Nissan Navara pick-up. The 2.5-litre turbo diesel engine pickup manufactured in South Africa with Japanese Technology has enhanced features. Speaking at the ceremony to launch the new Nissan Navara pick-up, Sales and Marketing Director of Auto Parts, Noor Accad said…
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2022 will be a year for the youth – FBNBank MD
The Managing Director of FBNBank, Mr. Victor Yaw Asante, has revealed that the coming year, 2022, will be a year for the youth of Ghana with the age category featuring topmost on the agenda of many, including the bank and the government. Speaking to a section of the media in an interview on his views…
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Nominations opened for Ghana Beverage Awards 2021
Organizers for the Ghana Beverage Awards (GBA), Global Media Alliance, have officially launched and opened nominations for the 6th edition of the awards at the Kempinski Hotel in Accra. For the past five years, the GBA Awards has been organised with the aim of rewarding excellence in the beverage industry in Ghana annually. In the…
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3-days Training Programmes for “IT IS POSSIBLE” Roadshow Commence on Dec 16
The office of Hon. Dr. Zanetor Agyeman-Rawlings, in partnership with Agrihouse Foundation, has announced the kick-off of their “IT IS POSSIBLE” Agribusiness development-training programme targeted at the youth of Ghana. The 3-days intensive and practical Agricultural Capacity Building and Business Set-Up Roadshow (NAGRICA) tagged – It’s Possible – carried out a selection process three months…
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Access Bank builds SMES capacity on digitalization
In keeping with its commitment to be the number one go-to SME Bank, Access Bank (Ghana) Plc has organized its fifth SME engagement with customers, through a capacity building workshop in Takoradi. The workshop was aimed at empowering SMEs with knowledge on digitalization for business growth in partnership with Open Labs. Speaking at the workshop,…
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IMF austerity measures affecting recruitment of critical workforce—ActionAid’s report
A new report released by ActionAid Ghana in partnership with Public Services International and Education International has confirmed concerns raised by experts in the finance and tax industry on Ghana’s alarming debt crisis. Titled “The Public Versus Austerity: The wage bill constraints”, the report analyses trends in public sector wage bill in education and health…