Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam has been announced as the new Minister of Finance. He takes over from Ken Ofori-Atta who was relieved of his duties by President Nana Addo Dankwa Akufo-Addo in a major government reshuffle on Wednesday. In February 2023, Dr Mohammed Amin Adam was announced Minister […] The post Amin Adam replaces Ofori-Atta
Access to financial services continues to play a pivotal role in driving economic growth in nations across the globe. In the wake of rapid post-COVID-19 structural transformations in economies worldwide, the issue of financial inclusion has taken centre stage in national policy discussions. Financial inclusion stands as a vital indicator for inclusive growth in any […] The post
Zenith Bank has reaffirmed its commitment to the real economy, as evidenced by a slew of measures geared toward empowering Micro, Small and Medium Enterprises (MSMEs) in the country, a move which it describes as ‘true banking’. This renewed dedication was announced by its Managing Director and Chief Executive Officer, Henry Onwuzurigbo, and comes on […] The post Zenith
Flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has eulogized the late Chief Executive Officer of Access Holdings, the parent company of Access Bank, Herbert Wigwe. Herbert Wigwe, his wife, and son were among six individuals on board a helicopter that crashed in the United States early Saturday, February 10, 2024. The deadly […] The post It’s
First National Bank has achieved the prestigious International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC) 27001:2022 certification for implementing a comprehensive system for managing and dealing with data security risks. As an international standard organisation, the ISO/IEC 27001 sets the requirements for establishing, implementing, maintaining, and continually improving an Information Security Management […] The post
Adults in France, like in many western countries, are having sex less frequently – with the decline particularly noticeable in young people, a new survey shows. While the reasons are complex, the data indicates that generational shifts, new technologies and greater acceptance of different desires all play a part. Among “sexually initiated” 18-69 year olds – […] The post Adults in France are
Finance and economic experts argued that Ghana could take advantage of its service industry to boost the economy. Time has proven that that ambition is far-fetched. The service industry in Ghana – from the hospital, hospitality, educational institutions through legal services to banking services – is self-satisfaction of the staff rather than the customers who […] The post
The government has officially suspended the planned implementation of the 15% Value Added Tax (VAT) on domestic consumption of electricity. In a press statement issued by the Ministry of Read More... The post Suspends 15% VAT On Electricity-
With over 50 years of experience in responsible financial services, Brac, has launched the Brac Ghana Savings and Loans Ltd, (BGSL) to promote financial inclusion and economic empowerment particularly for women in Ghana’s rural and hard to reach areas. This marks their sixth microfinance institution in Africa. In his opening address, the CEO of Brac, […] The post Brac
The 2022 cohort of the Graduate Trainee Programme of Stanbic Bank Ghana has donated 10 Computers and other learning materials to the Lume-Avete Basic School in the Akatsi South District of the Volta Region. Morris Effah, the Graduate Trainee lead, said the team was inspired by a viral video depicting a teacher conducting an ICT […] The post Stanbic
Fitch Solutions, an international rating agency, says a gradual improvement in investor sentiment and a US$600 million International Monetary Fund (IMF) disbursement will keep the exchange rate stable. In a report detailing interest rate and inflationary dynamics for 2024, the rating agency said it predicted that the disbursement and investor sentiments would keep the cedis […] The post IMF
James Klutse Avedzi The Public Accounts Committee (PAC) of Parliament has ordered the immediate arrest of the Northern Regional Director and Accountant of the National Sports Authority (NSA). The Read More... The post NSA Director Hot Over GH¢ 160k appeared first on
…Delving into the cross-border Fintech landscape In the ever-evolving landscape of financial technology, Onafriq is at the forefront, championing the vision of a borderless world for financial transactions. This ambitious goal aims to simplify cross-border payments, making them as effortless as local calls. In the heart of this revolution is Ghana, where Onafriq is implementing […] The post
Access Bank Ghana Plc has opened a new branch at the Bright International Industrial hub in Afienya, bringing banking services closer to customers in the industrial hub and its environs. This is in pursuance of the bank’s strategic objective of enhancing customer experience and satisfaction for the over-100 medium to large scale companies and Chinese-related […] The post Access
Fidelity Bank Ghana, the country’s largest privately-owned bank, concluded the festive season with a heartwarming display of generosity through its Employee Volunteering Programme (EVP). Under this programme, over 300 staff members engaged in impactful nationwide Corporate Social Responsibility (CSR) initiatives; combining time, financial resources and personal involvement to uplift lives of the less fortunate. In […] The post
Bank of Ghana Governor Dr. Ernest Addison has said there is no better time than now for Africa to revisit the issue of scaling-up interoperability, in a bid to deepen financial inclusion and intra-Africa trade. He said the high prevalence of mobile devices, mobile money penetration and increased Internet connectivity offer an opportune window to […] The post
Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
The post Controller & Accountant General Dodges Public Accounts Committee Post Primary Loss appeared first on Citinewsroom - Comprehensive News in Ghana.
UBA Ghana reaffirms its unwavering commitment to excellence in customer service for the year 2024 and beyond, positioning itself as a leader in the banking and financial service industry. Deputy Managing Director at UBA Ghana, Uzoechina Molokwu emphasized the bank’s dedication to prioritizing customer satisfaction and delivering outstanding banking solutions and services. Customer-centricity and product […] The post UBA
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