• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, July 14, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in General News

CPP confident of winning 2024 presidential election

Maynard Championby Maynard Champion
September 2, 2021
Reading Time: 3 mins read
CPP National Chairperson, Nana Akosua Frimpongmaa, has expressed confidence in the party winning the 2024 Presidential elections by implementing effective strategies to amass votes.

Chairperson of Convention Peoples’ Party (CPP), Nana Akosua Frimpongmaa.

CPP National Chairperson, Nana Akosua Frimpongmaa, has expressed confidence in the party winning the 2024 Presidential elections by implementing effective strategies to amass votes.

According to her, the strategies will eventually break the power-sharing between the NDC and the NPP which has existed since the fourth republic.

Madam Frimpongmaa further noted that the country’s challenges can be addressed in a holistic approach devoid of political and parochial interest.

“How do you eat a big elephant? A slice at a time. So for us, how do we seize power?  You connect to the people [and] you have a message. And fortunately for us today, if you saw the #FixTheCountry campaign, it tells you that the youth themselves are fed up. They know that this duopoly is not going to take them anywhere, and it is not about the individuals.

“We have nice people in the NPP. I love Dan Botwe, and I love the President of the country too. There are nice people like John Mahama; he is a handsome, nice man; I really love him. But truth be told, their policies are not working; that is what we are talking about.

“We are confident that coming 2024 this country will see a revolution”.

Nana Akosua Frimpongmaa
Give CPP a chance

Additionally, the CPP chairperson explained that the party has the responsibility of enlisting the support of discerning Ghanaians. This, she explained, can be achieved by giving them compelling reasons to give different political party a chance to govern the country.

ADVERTISEMENT

 “We don’t need a gun. If we needed a gun, then we would have had a problem.

“You need a thumb, and the thumb means that you and I; every single individual, including all the frustrated youth, to give the CPP a chance.

“So today, when people talk about CPP, we’ll be doing such disservice to the people of this nation, especially to the youth of today. Because all the neo-liberal policies that are being practiced are the reason why… the youth do not have jobs and the country is not working”.

Nana Akosua Frimpongmaa
CPP rebranding to win December 2024 elections

In May this year, the General Secretary of the CPP, Nana Yaa Gyantua, disclosed that her party will form the next government in 2024.  According to her, it will change the country’s destiny, which she claims has been wrecked by successive governments in the Fourth Republic.

Furthermore, she noted that the legacy of Ghana’s first president, Dr. Kwame Nkrumah, remains relevant. As such, the legacy will be effective for CPP in the 2024 general elections.

Nana Yaa Gyantuah, maintained that CPP is undertaking a restructuring exercise to mobilize the grassroots of the party and the youth for an overwhelming victory in 2024.

Elaborating on the scope of preparedness, she explained that the current leadership of CPP is rebranding and repackaging the party. When done, she disclosed that the masses would be encouraged and compelled to vote immensely for the party in 2024.

Engaging the youth especially those at the tertiary level, she indicated, is key in the reorganization exercise as well as reconciling with disgruntled party members for a firm front to win the election.

ADVERTISEMENT

Read Also: Drake announces Tems to feature in his CLB album

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: Election 2024Ghana NewsNDCNPP
ShareTweetShareSendSend
Please login to join discussion
Previous Post

Drake announces Tems to feature in his CLB album

Next Post

European Investment Bank receives ‘AAA’ score from Fitch Ratings

Related Posts

Foster Buabeng (CEO/Fund Administrator)
General News

Teachers’ Fund Directs Members to Verify Names Across Official Records

July 14, 2026
Honourable Nana Agyei Baffour Awuah
General News

Tribunal Bill Not Practicable, Expensive And Could Delay Hearings— Awuah

July 14, 2026
Deputy Director General of GES in charge of Management Services Professor Smile Gavua Dzisi
General News

GES Rollout Practical Entrepreneurship Programme for SHS Students

July 13, 2026
Vice President Professor Jane Naana Opoku-Agyemang engages officials of the Ministry of Interior and its agencies during a familiarisation visit
General News

VP Opoku-Agyemang Urges Security Agencies to Build Public Trust

July 13, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

CalBank Profit Soars 25% to GHS353.6 Million in Strong First Half Performance CalBank PLC has delivered an impressive financial performance for the first half of 2026, posting a remarkable 25 percent increase in Profit Before Tax (PBT) to GHS353.6 million. The outstanding results highlight the bank's successful strategic transformation and underline its growing strength as one of Ghana's leading financial institutions. The latest figures show that Profit Before Tax climbed from GHS283.2 million in the corresponding period of 2025 to GHS353.6 million, driven by robust growth across the bank's core business operations. The performance reflects improvements in lending, customer deposits, fee based services, trading income, and overall operational efficiency. Unlike previous periods where earnings were significantly supported by impairment recoveries, CalBank's latest results demonstrate that its profitability is now being powered largely by the strength of its underlying banking business. Core Banking Business Drives Exceptional Earnings One of the biggest highlights of the first half performance was the remarkable growth in net interest income, which surged by 83 percent to GHS347.5 million. The increase came despite a relatively lower interest rate environment. Interest income rose from GHS399 million to GHS451.5 million as the bank continued expanding its earning assets. At the same time, funding costs fell sharply, with interest expenses dropping from GHS209 million to GHS104 million. This significant reduction in funding costs improved the bank's profitability and demonstrated stronger balance sheet management. CalBank also recorded exceptional growth from non interest income sources as it continued diversifying its revenue streams. Net fees, commissions, and trading income almost doubled, rising by 99 percent to GHS323.3 million from GHS162.7 million during the same period last year. The strong performance reflects increased customer activity across the bank's retail, commercial, and corporate banking segments. The diversified earnings profile places CalBank in a stronger position to withstand changing market conditions while maintaining sustainable profitability. Stronger Earnings Quality Boosts Investor Confidence Perhaps the most significant aspect of CalBank's results is the improved quality of its earnings. During the first half of 2025, impairment recoveries contributed approximately GHS154 million to profits. However, in the latest reporting period, impairment gains accounted for only GHS7 million. This means the overwhelming majority of profits were generated through normal banking operations rather than one off recoveries. The shift highlights the success of management's transformation strategy and provides greater confidence that future earnings will remain sustainable. Industry analysts often view recurring operating income as a stronger indicator of long term financial health than exceptional gains. Assets and Deposits Record Strong Expansion CalBank also recorded significant growth in its balance sheet during the period. Total assets expanded by 30 percent to GHS13.9 billion from GHS10.7 billion recorded at the end of June 2025. Customer deposits increased by the same margin, rising to GHS10.9 billion. The growth in deposits reflects increasing customer confidence in the bank's brand, improved service delivery, and expanding retail and commercial banking operations. Higher deposits also provide the bank with a stable funding base to support future lending and business expansion. The figures reinforce CalBank's growing position within Ghana's competitive banking industry. Bad Loans Decline Dramatically One of the most remarkable achievements during the first half of the year was the dramatic improvement in asset quality. The bank's Non Performing Loan ratio dropped sharply to 10.10 percent from an exceptionally high 51.60 percent recorded at the end of June 2025. The improvement reflects the successful execution of CalBank's balance sheet remediation programme and disciplined credit risk management practices. A healthier loan portfolio reduces future credit losses while creating additional room for prudent loan growth. The significant decline in bad loans also strengthens investor confidence and enhances the bank's overall financial stability. Capital Position Strengthens After Recapitalisation Following its successful recapitalisation in 2025, CalBank has continued strengthening its financial foundation. Its Capital Adequacy Ratio improved dramatically to 18.17 percent from a negative 7.6 percent recorded a year earlier. The turnaround highlights the success of the bank's recapitalisation efforts and demonstrates its renewed financial resilience. Strong liquidity levels further position the bank to support customers, finance new business opportunities, and meet future regulatory requirements with confidence. The improved capital position also creates greater flexibility for expansion while protecting shareholders against unexpected financial shocks. Management Confident of Even Better Results Commenting on the results, Managing Director Carl Selasi Asem described the first half performance as clear evidence that CalBank's transformation strategy is producing sustainable financial outcomes. He said the bank had achieved strong growth across its core businesses while improving funding efficiency, strengthening profitability, enhancing asset quality, reinforcing its capital base, and expanding its balance sheet. Mr. Asem stressed that the latest earnings were driven by the strength of the bank's underlying operations rather than one time recoveries, reinforcing the quality and sustainability of the results. Looking ahead, he expressed confidence that the momentum built during the first half would enable CalBank to deliver an even stronger performance during the remainder of 2026. Management says the bank remains committed to disciplined execution of its strategic priorities, strengthening customer relationships, maintaining prudent risk management, and creating sustainable long term value for shareholders. CalBank's Transformation Continues to Deliver CalBank's latest financial performance paints the picture of a bank that has successfully rebuilt its foundations and is entering a new phase of sustainable growth. With rising profits, stronger capital, expanding customer deposits, healthier assets, and significantly lower bad loans, the bank appears well positioned to compete aggressively within Ghana's banking sector. As economic conditions continue to improve, CalBank's focus on operational excellence and disciplined execution could make 2026 one of the strongest years in the institution's recent history. READ ALSO: GSE Opens Week with Explosive Trading Activity CalBank Profit Soars 25% to GHS353.6 Million in Strong First Half Performance

CalBank Profit Soars 25% to GHS353.6 Million in Strong First Half Performance

July 14, 2026
Foster Buabeng (CEO/Fund Administrator)

Teachers’ Fund Directs Members to Verify Names Across Official Records

July 14, 2026
GSE Opens Week with Explosive Trading Activity

GSE Opens Week with Explosive Trading Activity

July 14, 2026
Mr. Isaac Tandoh, Minerals Commission CEO

Ghana Advance Steps Toward Redefining Its Mining Future

July 14, 2026
Minerals Commission with Tanzania Delegation

MinCom Targets Human Capital Development, Structural Reforms in Enhancing Mineral Governance

July 14, 2026
ADVERTISEMENT
Next Post
Ghanaian Banks Show Resilience Amid Debt Restructuring Challenges- Fitch

European Investment Bank receives ‘AAA’ score from Fitch Ratings

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.