The Bank of Ghana (BoG) has assured that it is implementing proactive measures to strengthen its foreign reserves in response to the ongoing depreciation of the cedi against major currencies. With the festive season approaching, the Central Bank is preparing for an anticipated increase in foreign exchange demand, a strategic initiative designed to stabilize the […] The post BoG
…marks new era of digital connectivity By Joshua Worlasi AMLANU Ghana has officially entered the 5G era, with the government launching next-generation telecommunications infrastructure that promises to revolutionise digital connectivity across the nation, through Next Gen Infraco (NGIC), the 5G wholesale infrastructure provider. The rollout by NGIC is expected to initially deploy 5G services in […] The post 5G
By Bernard Yaw ASHIADEY & Joshua Worlasi AMLANU In a strategic shift, CalBank has pivoted from its traditional corporate focus to a dynamic retail banking model. A strategic move that is redefining its market position and shaping a new financial growth trajectory. The bank’s turnaround comes after weathering a severe economic downturn that left it […] The post CalBank
FirstBank Ghana has reported remarkable financial performance for the third quarter of 2024, as the profit soared by remarkable growth of 36%, year-on-year. The bank’s performance can be attributed to a substantial growth in revenue, which leaped from GH¢265m to an impressive GH¢399m over the same period culminating in a growth of 51%. Notably, this […] The post FirstBank
Stanbic Bank Ghana has unveilled its new Youth Banking Proposition, an innovative solution tailored to meet the unique financial needs of young Ghanaians. It marks a major milestone in the bank’s commitment to advancing financial inclusion and empowering the country’s youth for financial independence. Speaking at the launch event in Accra, Kwamina Asomaning, Chief Executive-Stanbic […] The post
The 2024 Ghana Energy Awards, the 8th edition of the scheme, has bestowed various honours on 34 outstanding individuals and organisations in the country’s energy sector in Accra. The acknowledgments were in recognition of the recipients’ exceptional contributions to national development through strategic and innovative solutions to the country’s energy challenges. Organised by the Energy […] The post
The Managing Director of the Agricultural Development (ADB PLC), Alhaji Alhassan Yakubu-Tali has been adjudged Public Sector CEO of the Year 2024 at the prestigious Ghana Business Awards night at the Kempinski Gold Coast City Hotel in Accra. The awards night was held on Saturday, October 26, 2024, and was attended by CEOs and captains […] The post ADB MD is public sector
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