Month: May 2022

Introduce 30-yr Domestic Bond To Ease Fiscal Burden – Finance Expert

Introduce 30-yr Domestic Bond To Ease Fiscal Burden – Finance Expert

Introduce 30-yr Domestic Bond To Ease Fiscal Burden – Finance Expert As part of measures to raise revenue and ease pressure on the central government, Chairman of the Research Committee at Tesah Capital, Professor Elikplimi Agbloyor, is recommending that managers of the economy consider lengthening the nation’s existing debt profile through the issuance of a 30-year domestic bond Currently, the longest-tenured domestic debt instruments are a 6-year bond, a 7-year bond, a 10-year bond and a 15-year bond, with the longest tenor being a 20-year bond introduced in 2019. The 20-year bond – which was issued through a shelf offering…
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We Are Partnering With DBG To Expand Our SME Support Capabilities – CBG MD

We Are Partnering With DBG To Expand Our SME Support Capabilities – CBG MD

We Are Partnering With DBG To Expand Our SME Support Capabilities – CBG MD The Managing Director of Consolidated Bank Ghana Ltd. (CBG), Daniel Wilson Addo, has announced that CBG is expanding its Small and Medium-sized Enterprises (SME) capabilities by partnering with the new Development Bank Ghana (DBG) to deliver technical and financial support to the sector. CBG defines SMEs as small businesses with annual financial turnover of up to GH¢15m and medium businesses with turnover up to GH¢75m. Speaking to a section of the media on CBG’s agenda for SMEs this year, Mr. Addo indicated that CBG has over…
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“Wontumi Reigns For Another 4 Years As NPP Chairman…Begins Reconciliation Moves.

“Wontumi Reigns For Another 4 Years As NPP Chairman…Begins Reconciliation Moves.

"Wontumi Reigns For Another 4 Years As NPP Chairman...Begins Reconciliation Moves.   Bernard Antwi Boasiako, popularly known as WONTUMI on Saturday swept past 4 other contestants in the Ashanti Regional Chairmanship election to retain his seat as Chairman for NPP in Ashanti. This feat, gives the outspoken and flamboyant personality, another four year mandate to administer the NPP regional office as Chairman. Garnering 464 votes after the polls, he left his closest pal, Odeneho Kwaku Appiah a gap of 185 votes. Three other contestants, Messers Asare Bediako, Kwabena Owusu Aduomi and Adum Bawuah who were also in the race could…
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GCB, AFD Sign Two Credit Agreements To Promote Renewable Energy Projects

GCB, AFD Sign Two Credit Agreements To Promote Renewable Energy Projects

GCB, AFD Sign Two Credit Agreements To Promote Renewable Energy Projects GCB Bank PLC has signed US$13.7million credit facility and one million euro grant financing agreements to support local businesses toward the development of energy efficiency and renewable energy projects. The agreements and projects are part of the Sustainable Use of Natural Resources and Energy Finance (SUNREF) Ghana, aimed at promoting investment in sustainable energy and environmental protection among private sector players in developing economies. Under the agreement, GCB and SUNREF will continue offering competitive loans and technical assistance for structuring green investment to companies, organisations, individuals and households. The…
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Speeding Car Kills Two Siblings @ Ejisu

Speeding Car Kills Two Siblings @ Ejisu

Speeding Car Kills Two Siblings @ Ejisu Two siblings have been crashed to death by a speeding vehicle after the driver lost control at Ejisu-Besease on Sunday morning. The accident is said to have occurred around 8:40am. According to sources, the car was trying to overtake another vehicle when it veered off the road. The victims, Hamidu Mohammed, aged 62 and Masawudu Nalko, aged 40, died shortly after arriving at the Ejisu Government Hospital. A third victim, Abdul Rahman Mohammed, aged 50, who sustained severe injuries, has been transferred to the Komfo Anokye Teaching Hospital. Giving further details, eyewitnesses say…
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PAPSS Remains Most Important African Monetary Initiative In Decades – Dr Bawumia

PAPSS Remains Most Important African Monetary Initiative In Decades – Dr Bawumia

PAPSS Remains Most Important African Monetary Initiative In Decades – Dr Bawumia Vice-President Dr. Mahamudu Bawumia has urged capital market stakeholders within the sub-region to ride on the back of the Pan-African Payment and Settlement System (PAPSS) as they seek to further integration, describing the platform as the most important monetary development in Africa since 1960. PAPSS, which was formally launched in January, allows a party in one African country to pay in their own currency while a counterparty in another country receives payment in their own currency. Opening the second edition of the West African Capital Market Conference 2021…
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Bitter Kola: 4 Reasons to Eat It

Bitter Kola: 4 Reasons to Eat It

Bitter Kola: 4 Reasons to Eat It   Bitter kola is a popular herb in Central and Western Africa that comes from the evergreen kola tree and has long been prized for its medicinal properties, according to Healthline. Kolanut is another name for it, and it’s usually eaten uncooked. As you chew, the harsh, bitter flavor melts into a slight sweetness. The seeds, nuts, and bark of bitter kola are used to treat a range of diseases. Here are four reasons to consume bitter kola. 1. It boosts immunity: Bitter kola provides the immune system with the tools it needs…
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REJOINDER: Wontumi FM/TV Morning Show Host, Oheneba Nana Asiedu Hits Very Hard At Team Bawumia

REJOINDER: Wontumi FM/TV Morning Show Host, Oheneba Nana Asiedu Hits Very Hard At Team Bawumia

REJOINDER: Wontumi FM/TV Morning Show Host, Oheneba Nana Asiedu Hits Very Hard At Team Bawumia I, Oheneba Nana Asiedu, a Morning Show Host of Wontumi FM/TV Stations wishes to state categorically without any form of doubt that, I have NEVER hits very hard at Team Bawumia as it is being speculated and falsely spreading around on social media platforms and some websites. I would like to urge Team Bawumia, NPP Members and the general public to wholly and totally ignore such malicious propaganda. It is another diabolical agenda by Team COKA to caused hatred and public disaffection for me as…
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Abronye DC Retained As Bono NPP Regional Chairman

Abronye DC Retained As Bono NPP Regional Chairman

Abronye DC Retained As Bono NPP Regional Chairman Kwame Baffoe, widely known in political circles as Abronye DC, has retained his position as the New Patriotic Party’s (NPP) Chairman in the Bono Region. He was re-elected after garnering 173 votes to beat Konlaabig Rasheed [incumbent Regional Organiser], his main contender who obtained 84 of votes cast. 263 delegates were expected to vote with 26 aspirants made up of 23 men and three women who vied for 10 positions in the exercise organized on Sunday, May 29, 2022. Earlier, the election was halted for almost an hour after confusion broke out…
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Certified Results Of NPP Ashanti Region Executives Election

Certified Results Of NPP Ashanti Region Executives Election

Certified Results Of NPP Ashanti Region Executives Election Below is the certified results compiled by Nana Owusu Achiaw in the New Patriotic Party(NPP) Ashanti Regional executive election CHAIRMANSHIP Bernard Antwi- Boasiako- 464 Kofi Adum Bawuah- 03 Odeneho Kwaku Appiah- 306 Asare Bediako Robert- 20 Kwabena Owusu Aduomi- 09 NASSARA COORDINATOR Salim Masuri Bamba - Declared as unopposed WOMEN ORGANIZER Nana Ama Ampomah- 419 Beatrice Owusu- 344 Konadu Adwoa- 39 Youth Organizer Ofori Akuoko Michael - 21 Safo Raphael Patrick- 294 Martin Ameyaw-245 Ohemeng Ian More- 07 Isaac Bonsu- 32 Kwabena Amo Aidoo- 25 Boateng Henry Kwaku- 147 Gyaako Lawrence -…
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