There was almost no growth in terms of global trade last year, the World Bank Deputy Chief Economist, Ayhan Kose, has said. The situation remains fragile going into this year, he added. In June 2023, he highlighted an ongoing global growth slowdown as a major concern to the Bank. Asked for the latest analysis of […] The post Global trade remains fragile – World Bank Deputy Chief
Access Bank Plc has announced the completion of its acquisition of African Banking Corporation Zambia Limited, trading as Atlas Mara Zambia (Atlas Mara), after obtaining all requisite regulatory approvals. Atlas Mara is now a wholly-owned subsidiary of Access Bank Zambia. Following this regulatory milestone, the two banks will continue to operate separately until all integration […] The post
First National Bank has announced the launch of a special campaign to reward customers ahead of the Total Energies CAF Africa Cup of Nations Cote d’Ivoire 2023 tournament. The bank is proud to unite with football enthusiasts in celebrating the spirit of sportsmanship, and encourages fans to support the national team from now till February […] The post
Zenith Bank (Ghana) Limited has opened a new branch in one of the busiest districts in Accra, Madina. The branch which is the 41st business location to be opened by the Bank since its establishment in 2005 would serve the people of Madina and its surrounding communities. The new branch opening is in line with […] The post Zenith Bank opens new branch at Madina appeared first on
Officials of Brilin Enterprise receiving a dummy cheque for being the National Best Agent FIDELITY BANK Ghana hosted an illustrious awards night on December 14, 2023, to honor and Read More... The post Fidelity Bank Celebrates Top-Performing Agents appeared
Over the last 15 years, one of the major developments that has revolutionized and disrupted the entire financial sector in Ghana is the emergence of Mobile Money Services (MoMo). Though MTN launched its Mobile Financial Services (MFS) in 2009, many Ghanaians were yet to warm up to it as a safe mode of payment in […] The post Navigating
A few days ago, I participated in the Central Conference on Work Relating to Foreign Affairs in Beijing, China. The conference pointed out the direction for China’s futural diplomatic work and the development of China-Africa relations. I want to take this opportunity to introduce to my Ghanaian friends the guiding principles of the conference and […] The post Toward
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the central bank exceeded its reserve target by almost US$1billion in 2023 with the help of the domestic Gold for Reserves programme. He stated that the BoG plans to continue with the programme to help in terms of building reserves going into […] The post BoG to continue ‘Gold for Reserves’ programme to prop
Lawyers representing the Vice-Chancellor of SD-Dombo University of Business and Integrated Development Studies (UBIDS) have threatened legal action against the Ghana Tertiary Education Commission (GTEC) for instructing their client to retire. Professor Philip Duku Osei’s legal team argues that GTEC committed an illegality by directing him to retire upon reaching the compulsory retirement age of […] The post SDD
The Bank of Ghana (BoG) has authorized 16 Foreign Exchange (FX) brokers to commence operations on the Ghana Interbank Forex Market effective January 1 to December 31, 2024. This is in accordance with section 3. 13. 1 of the Ghana Interbank Forex Market rules which provide that local and international FX Brokers who wish to […] The post BOG grants approval to 16
It was interesting to hear Bank of Ghana (BOG) officials pat themselves on the back because year-on-year inflation had dropped to 26.4% in November 2023, from 35.2% in October 2023 and 54.1% in December 2022. This trend should have been expected, I thought, because of the massive price increases and exchange rate depreciation that were […] The post Togbe Afede XIV writes –
Following the recent Akosombo Dam Spillage that displaced residents in Lower Volta, OmniBSIC Bank staff have demonstrated their generosity and commitment to the community through the Bank’s Staff CSR project known as the SEEK Initiative. Recognizing the urgent need for support, the bank’s staff raised funds and donated essential supplies to families now residing at […] The post
A team of bankers is ordinarily not a regular sight in any health facility in Ghana. Therefore, many patrons of the Madina Poly Clinic might have wondered “why”, when a sharply dressed team from the Universal Merchant Bank (UMB) drove into the clinic’s compound here in Kekele, Madina; a popular, densely populated suburb of Accra. […] The post #UMBCares brings holiday
In response to the surge in digital banking platforms and the corresponding increase in cyber threats, Fidelity Bank, Ghana’s largest privately owned bank, took proactive steps last month by dedicating a week to intensifying efforts against fraud, empowering its staff to be the first line of defence. Under the theme “Leveraging on Fraud Awareness and […] The post Fidelity
AmaliTech, a leading IT training & IT services company in Europe and Africa, celebrated the official opening of their new office in Accra recently. This comes months after they moved into the space and started making an impact on the local community. AmaliTech, which is headquartered in Germany and has offices in Rwanda and Ghana, […] The post AmaliTech’s
President Akufo-Addo with Dr. Ernest Addison President Nana Akufo-Addo has urged the Bank of Ghana (BoG) to maintain focus on executing its mandate while dismissing distractions that could derail Read More... The post Ignore Mischief Of Misguided Elements
Employees in the Bancassurance Unit of Stanbic Bank Ghana have organised a beach clean-up at the Korle Beach in Accra, demonstrating the bank’s commitment to protecting the natural environment. Speaking at the clean-up exercise, the Head of Bancassurance at Stanbic Bank, Henry Manyo-Plange, explained the importance of corporate institutions involving themselves in helping to keep […] The post
Fidelity Bank Ghana, the country’s foremost privately-owned bank, has reaffirmed its dedication to fostering inclusivity, empowerment, and advancing young women into leadership roles through its strategic sponsorship of the FemPower Outreach project. This initiative, orchestrated by the ECG Power Queens Club in celebration of their 35th anniversary, aimed to identify and nurture talented young females […] The post Fidelity
Dr. Ernest Addison The Governor of the Bank of Ghana, Dr. Ernest Addison, has stated that the Central Bank’s monetary policies with support from the Ministry of Finance have Read More... The post Economy Responding To BoG Policies – Addison appeared first
Dr. Kodjo E. Mensa-Abrampa National Development Planning Commission (NDPC) has announced the review of the long-term development plan of the country, also known as Agenda 2057. The review of Read More... The post NDPC Launch Development Plan Review Process appeared
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