Blog 1 Column

By Richard Adorsu-  NEW AFRICA DAILY NEWS, Accra, Ghana- The Bank of Ghana says it will soon begin the purchase of gold from small scale mining firms as part of the bank’s plans to shore up part of its reserves which is held in gold. Governor of the central bank, Dr. Ernest Addison, speaking at the MPC press briefing last Friday stated that the bank will be doing the purchase via selected local gold buying agencies. He explained that the decision to purchase gold is...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- NIGERIA, Emeka Emuwa – Managing Director and Chief Executive Officer of Union Bank Plc, has pronounced that, gender equality and women empowerment are of the essence to the bank. During the launching of Alpher,  the bank’s women banking proposition targeted at enhancing women for success, Emuwa stated, with our track record of supporting women, Alpher is a natural next step for ...

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- Members of the board directors of the African Development Bank (AfDB) has dispensed the sum of US $22 million as loan to stout Small Medium Enterprises across (SMEs) agribusiness and food industries, tourism, Information Communication Technology (ICT), clean energy, health, transport and manufacturing sectors. The loan, which was disbursed to aid Egypt’s Corporate Leasing Company to unfold its...

By Richard Adorsu- NEW AFRICA DAILY NEWS, Accra, Ghana- The Ministry of Finance says it is working to ensure that levies and charges placed on imports into Ghana are at par with others within the West African sub-region. The Deputy Minister of Finance, Kwaku Kwarteng, explained that though Ghana is a signatory to several trade treaties, the government will be measured in setting rates and charges which will affect businesses. He made the remarks on the sidelines of the...