GCB Bank recorded strong profit growth in the first half of 2024 (1H 2024) compared to the same period in 2023. This strong performance was primarily driven by a significant increase in customer deposits year-to-date (YTD), coupled with dedicated efforts at optimising operational efficiency. The 1H 2024 financial performance results from the Bank’s strategic shift […] The post
By Buertey Francis BORYOR Microfinance institutions (MFIs) have been urged to strengthen their governance structures, enhance risk management, and adhere to the regulatory framework set by the Bank of Ghana (BoG) to better serve the country’s informal sector. According to Elsie Addo Awadze, Second Deputy Governor- BoG, who said this, in a speech read on […] The post BoG
By Kizito CUDJOE In the lead-up to the 2024 United Nations Climate Change Conference of Parties (COP29), taking place in Azerbaijan in November, Business and Financial Times (B&FT) is set to host its 2024 Sustainability Summit in Accra after a successful maiden edition. The 2024 Sustainability Summit, to be held under the theme ‘Ensuring Environmental and […] The post
By Wisdom JONNY-NUEKPE The World Bank has said only three percent of cultivated land in the country is irrigated – a phenomenon the Bank indicates could stifle Ghana’s agriculture resilience. In its Africa Can End Poverty report under the ‘Delivering Irrigation for Enhanced Productivity and Climate Resilience in Ghana’ category, the Bank disclosed that climate […] The post Only
By Ebenezer Chike Adjei NJOKU The emergence of domestic credit rating agencies will serve as a key driver for the Ghana’s domestic debt market’s growth – particularly in the corporate sector, according to Augustine Simons, Head-Ghana Fixed Income Market (GFIM) at Ghana Stock Exchange (GSE). Speaking at a recent Breakfast Seminar organised by pan-African credit […] The post
Atta Gyan, Deputy Managing Director at Fidelity Bank, highlighted the potential of green bonds to drive sustainable development and attract new investors to Ghana’s financial market. His remarks were delivered at the maiden ACI Financial Markets Conference, a prestigious event that convened industry leaders, regulators, and policymakers to discuss the future of Ghana’s financial sector. […] The post
GBfoods Ghana, a leading food manufacturer, has introduced a new tomato mix specifically designed for preparing Jollof rice. The launch is aimed at addressing the growing demand for convenient cooking solutions while preserving the authentic taste of Jollof rice, a dish that holds significant cultural value in Ghana The newly launched tomato mix is made […] The post GBfoods
A consortium of reputable trade associations, including the American Chamber of Commerce in Ghana, Ghana Netherlands Business & Culture Council, Spain-Ghana Chamber of Commerce, Ghana South Africa Business Chamber, Canada-Ghana Chamber of Commerce, Japan External Trade Office, and the Chamber of Commerce & Industry, France, is set to launch a series of high- level discussions […] The post
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