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BESSFA Bank Awards ISODEC for Strategic Investment Contributions

BESSFA Rural Bank, an indigenous Bank in the Garu Districts of the Upper East Region has recognized the Integrated Social Development Centre (ISODEC) for its outstanding contributions as a strategic investor in the Bank. The prestigious award was presented to ISODEC at BESSFA’s 30th AGM and Climax of the Bank’s 40th Anniversary Celebration on Saturday, 23rd November, 2024. The event ...

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Government Urged to Promote Volunteerism, Support Civil Society Organizations

Civil society organizations (CSOs) and individuals who recently participated in the Ghana Philanthropy Conference 2024, are calling on the government to adopt a national strategy to encourage volunteerism and empower citizens to become active participants in society. They are also urging the government to formalize volunteerism through the national educational system and ensuring that students are taught the importance of ...

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ISODEC set to roll out a four-year Strategic Plan

The Integrated Social Development Centre (ISODEC) is set to roll out a new four-year strategic plan for 2025-2028, following a period of financial challenges due to declining donor funding and a lack of a solid financial sustainability plan. The new strategy, titled Prosperity for All, was developed through extensive stakeholder consultations and aims to address key developmental issues in Ghana ...

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UN welcomes ceasefire between Israel and Lebanon

The United Nations has welcomed the announcement of a ceasefire between Israel and Lebanon. In a statement issued by his spokesperson, Secretary-General António Guterres expressed hope that the agreement “can put an end to the violence, destruction and suffering the people of both countries have been experiencing.” “The Secretary-General urges the parties to fully respect and swiftly implement all of their commitments made under this ...

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Power crisis to deepen as IPPs cut supply over mounting debt

Ghana’s energy sector will from today, Monday, November 25, 2024 face escalating challenges as major energy producers—Karpowership Energy, AKSA Energy, and Cenit Energy Limited—scale down their electricity supply. The development heightens fears of potential blackouts for businesses and households as the festive season approaches. Already, Citi Business News has learnt that Amandi Energy and Karpowership are now completely off the national grid, ...

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Vacant seats case: Supreme Court to deliver verdict today

The Supreme Court is set to deliver a landmark judgment today on the disputed decision to declare four parliamentary seats vacant, a case that has ignited significant political debate and brought renewed focus to the constitutional powers of the Speaker of Parliament. The case, brought forward by Alexander Afenyo-Markin, leader of the New Patriotic Party (NPP) parliamentary caucus, challenges Speaker ...

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ABANTU engages Political Parties to discuss women’s participation in Elections 2024

A women’s rights advocacy Organization, ABANTU for Development has organised a workshop to provide a platform for women parliamentary aspirants, political parties, civil society organisations, the media and other key stakeholders to discuss ways of advancing women’s participation and representation in the upcoming General Elections. The workshop, supported by the African Women’s Development Fund (AWDF),was one of the key activities being implemented by ABANTU ...

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Gold purchase alone won’t solve Ghana’s exchange rate challenges – IMANI

IMANI Africa has expressed concerns over the feasibility of the New Patriotic Party’s (NPP) proposed Gold Purchase Programme as a solution for stabilizing the cedi, arguing that it may be insufficient to address Ghana’s currency and economic challenges. Speaking at IMANI’s “2024 IMANIfesto,” Dennis Asare, a senior research associate at IMANI Africa, outlined key issues with the programme, which has ...

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Decline in oil production threatens survival of oil companies in Ghana – PIAC warns

The Public Interest and Accountability Committee (PIAC), the body set up to monitor the utilisation of petroleum revenue in Ghana, has said that the most immediate effect of the decline in oil production in Ghana is a reduction of revenue from oil and gas production. Although petroleum revenue on average constitutes about 7% of total Government revenue, Ghana is reliant on ...

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NDC hails Bagbin’s leadership after indefinite adjournment of Parliament

The National Democratic Congress (NDC) has hailed the Speaker of Parliament, Alban Bagbin, for his effective leadership during Tuesday’s parliamentary session. The party, through its General Secretary, Fifi Fiavi Kwetey, lauded the Speaker’s approach to managing the day’s proceedings, describing it as a model of parliamentary leadership. In a statement issued on October 22, the NDC praised Bagbin for his ...

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