In a landmark visit highlighting its commitment to knowledge sharing and industry collaboration, Fidelity Bank Ghana, the nation’s largest privately owned bank, welcomed a delegation of 35 students and faculty from Columbia Business School, a world-renowned institution for business education. The visit, held at Fidelity Bank’s head office at Ridge Towers in Accra, served as […] The post
The Mining Income Investment Fund (MIIF), is on the verge of piloting what has been described as the most revolutionary financing initiative for small scale gold mining in Africa. This was disclosed by the CEO of MIIF, Edward Nana Yaw Koranteng at the Distinguished Speaker Series at the University of Mines and Technology, UMat, Tarkwa. […] The post Small-scale
The Bank of Ghana has reiterated its commitment to combating the circulation of counterfeit currency. The Central Bank emphasizes its progress toward achieving a zero-counterfeit regime. Counterfeiting and possession of counterfeit banknotes are punishable by law. During a press conference held during a tour of the currency processing centre as part of Ghana Heritage Month, […] The post BoG
The Governor of the Bank of Ghana, Dr. Ernest Addison, has underscored the need for banks to remain committed to their critical role of bridging trade financing in both the primary and secondary markets. According to the governor, this will help strengthen the country’s financial systems. Speaking at the Ghana International Bank cocktail event to […] The post BoG
By Ebenezer Chike Adjei NJOKU [email protected] Ecobank has pledged to remain a frontrunner in responsible waste disposal and conversion by promoting waste as a valuable resource. The commitment forms part of the bank’s week-long celebration themed: ‘Promoting Sustainability Through Waste Transformation: The Ecobank Way,’ launched at its Head Office in Accra. Setting the tone, Managing […] The post
Flagbearer of the opposition National Democratic Congress (NDC), John Dramani Mahama, has disclosed that the next NDC government will set up a US$50 million financial technology (fintech) transformative fund to support innovative start-ups in Ghana’s fintech sector. The former president voiced confidence in the fintech sector’s ability to create economic growth and financial inclusion in […] The post NDC
Zenith Bank, one of Ghana’s leading financial institutions, has opened its newest branch at Techiman, in the Bono East Region of Ghana. Strategically located in the heart of Techiman, this expansion underscores Zenith Bank Ghana’s commitment to serving communities across Ghana and fostering economic growth in the region. With the opening of the Techiman branch, […] The post
The African Guarantee Fund (AGF) and United Bank for Africa (UBA), on Monday, signed a partnership that ensures that UBA provides US$100million in new loans to small and medium enterprises (SME) and businessowners across the 20 African countries where the bank has presence in Africa. The AGF, under this agreement, will support and guarantee SMEs with US$50million Portfolio […] The post
FBNBank Ghana has hosted a special International Women’s Day event to celebrate and empower women, reaffirm its mission to champion gender equality, and eliminate the biases that undermine the progress of women. This event was undertaken by the bank as part of its celebration of this year’s International Women’s Day (IWD 2024) under the theme […] The post FBNBank
FBNBank has once again reiterated its unwavering dedication to the youth at the launch of the Ubuntu Equip Programme, which was held at the British Council last Friday. The event marked the beginning of an initiative aimed at empowering young individuals with the tools, resources and skills needed to succeed in today’s dynamic world. The […] The post FBNBank’s
OmniBSIC Bank marked another milestone with the successful conclusion of its 4th edition Health Walk, on Saturday, March 2, 2024, fostering a spirited atmosphere of community engagement and well-being in the process. The event brought together a diverse group, exceeding previous participation with staff, customers, vendors, and esteemed guests including the bank’s full Board of […] The post
The Ministry of Health (MoH) is set to meet with the Ministry of Finance (MoF) on Monday, March 10, to expedite the clearance and recruitment process for unemployed nurses. This decision comes in response to the dissatisfaction expressed by the Coalition of Nurses and Midwives in the Northern Region, particularly directed at the government, MoH, […] The post MoH
The Africa Education Watch (Eduwatch) has called on the Minister of Finance, Mohammed Amin Adam, to release outstanding funds for procuring desks under the 2023 Ghana Education Trust Fund (GETFund) formula. It has also urged the Ministry of Education to increase allocations for desks to basic schools to at least GH¢60 million in the 2024 […] The post Release
By Elizabeth PUNSU, Kumasi The Amenfiman Rural Bank PLC at Wasa Akropong in the Wasa Amenfi East District in the Western Region has inaugurated its branch in Adum, the heart of business and trade, at the central business district of Kumasi. This adds to the already existing three branches since its penetration into the Ashanti […] The post Amenfiman Rural Bank opens Adum
We hereby bring to the notice of the general public, a publication of the list of persons having accounts with Absa Bank Ghana LTD that have not been operated for a minimum of five (5) years and are classified as dormant, in accordance with the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930). The […] The post Absa Unclaimed and Dormant Account 2024
The Director of Business Operations at Dalex Finance, Joe Jackson, has emphasized the pivotal choice facing Ghana regarding foreign aid and the potential economic consequences linked to the enactment of the Anti-Gay Bill. In light of the Ministry of Finance’s appeal to President Nana Addo Dankwa Akufo-Addo to withhold assent to the recently passed anti-LGBTQ […] The post Anti-Gay
…Your look: A reflection of your brand By Charllotte YEBOAH In the fast-paced world of corporate culture, appearances matter. As professionals, how we present ourselves speaks volumes about our personality, professionalism, and attention to detail. Whether we realize it or not, our appearance is a powerful tool that can influence how others perceive us and […] The post Crafting
Togbe Afede XIV, the Agbogbomefia of the Asogli State, has strongly criticised the recent decision by the Bank of Ghana (BOG) to reduce the policy rate from 30% to 29%, describing it as nothing more than a “big joke.” The BOG’s Monetary Policy Committee (MPC) announced this cut on January 29, 2024, with Togbe Afede […] The post BoG’s 1% policy rate cut
By Effie AMISSAH The banking industry underpins the financial services industry in the country. Regulated by the Bank of Ghana, the industry provides an avenue where cash, credit and other financial transactions for both individuals and businesses are accessed. According to the 2023 Price Water House Coopers Banking Survey Report, the banking industry contributed GHC16.21 […] The post The
The government paid a total of GH¢300,385,317.52 as judgement debt between 2017 and 2022. The Ministry of Finance made this known in an updated information on judgement debt payment dated August 2023. The Ministry revealed that the payments were made to over 60 individuals and organisations. For instance, in 2017, Albert Osei was paid GH¢279,412.83; […] The post Over
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