Business
Stanbic executive calls for involvement of financial institutions in wholesale electricity market
Sydney Nii Ayitey Tetteh, Executive Vice President, Energy and Infrastructure at Stanbic Bank Ghana, has emphasized the important role of financial institutions in the soon to be implemented wholesale electricity market. He made this statement at the Electricity Market Conference held at the Volta Residence, Akuse in the Eastern Region. The Electricity Market Conference had […]
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Columnist
The roll call of contemporary Financial Evangelists (Part 3)
By Nelson Semanu BOANDOH-KORKOR & Elizabeth BOANDOH-KORKOR “Money is not sinful or evil. The kingdom of God needs it desperately! Making money is what I do best but it must be made for God’s glory and not mine. As a Christian entrepreneur, my company relies on prayer and inward confirmation by the Holy Spirit before […]
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Banking & Finance
Exploration fund to serve as financial catalyst -Steven Ackah
By Juliet Aguiar DUGBARTEY Dr. Steven Blessing Ackah, Executive Director of Ghana Gold Expo, has called for the establishment of exploration fund in Africa, particularly Ghana, to serve as a financial catalyst, enabling local individuals and entities to actively participate in exploration activities. He said the Exploration Fund should be accompanied by a strong commitment […]
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Energy
ECG ordered to rectify financial, operational discrepancies
By Kizito CUDJOE The Public Utilities Regulatory Commission (PURC) has issued a strict directive aimed at the Electricity Company of Ghana Limited (ECG) to ensure the financial stability and operational integrity of the energy sector. The directive, issued under Sections 3 and 24 of the Public Utilities Regulatory Commission Act, 1997 (Act 538), follows ECG’s […]
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Editors' picks
Partnerships necessary for policy formulation to accelerate sustainable finance
Head of Financial Advisory & Equity Capital Markets at Stanbic Bank, Isaac Simpson, has emphasized the need for collaboration between the right stakeholders in order to form the necessary policies to accelerate sustainable finance. He made this statement at the 2024 Africa Energy Technology Conference, held at the Labadi Beach Hotel. Speaking on the topic […]
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Sports
Nottingham Forest Deducted 4 Points… For Financial Breach
Nottingham Forest have been deducted four points for breaching the Premier League’s Profit and Sustainability Rules (PSR), the league announced yesterday moving the side into the relegation zone. Forest
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Columnist
Transforming Financial Management: Using Cloud Accounting Solutions
As digitalization continues to transform accounting practices, a business organization needs to respond and adapt to a more reliable and efficient system and application to streamline its operations. The current trend is the integration of financial management with cloud accounting software. Cloud accounting is the use of internet-based accounting software to store, process and secure […]
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Headlines
3i Africa Summit to ignite Fintech revolution for Africa’s financial future
Dr. Ernest Addison, Governor of the Bank of Ghana has emphasized the pivotal role of digital technologies in shaping Africa’s future. Speaking passionately about the urgency of embracing digitization in trade and finance, Dr. Addison at the launch of the 3i Africa Summit highlighted Africa’s strengths, including a tech-savvy youth population, extensive mobile penetration, expanding […]
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Banking & Finance
Bridging the gap: Financial inclusion lags as 68% of Ghanaians remain financially illiterate
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 […]
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Business
Protecting your business from financial irregularities: A forensic audit perspective
Financial irregularity is one of the thorny issues organizations tend to grapple with in their operations. It is a matter of interest in terms of demanding accountability regarding the use of resources. The issue is a yearly ritual in the public financial management of government institutions and attracts wide national commentary. The private sector also […]
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Business
Abena Osei-Asare defends 2017 financial sector clean-up
Deputy Finance Minister Abena Osei-Asare has defended the 2017 financial sector clean-up, which led to the liquidation of 420 institutions. She put up the defence in response to the Chairman of the Public Accounts Committee, James Klutse Avedzi, who attributed the tax default of some of the institutions to the financial sector clean-up. The Ghana […]
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Business
DBG stokes growth with over GH¢1bn investment
The Development Bank Ghana has injected more than GH¢1billion into the private sector since its inception in June 2022, its Chief Executive Officer, Kwamina Duker, has revealed. This investment, he noted, has played a pivotal role in fortifying over 80 businesses, resulting in the creation of over 6,000 jobs. Thirty-eight percent of these jobs have […]
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Banking & Finance
Old Mutual strengthens ties with Financial Intelligence Centre (FIC)
…safeguards financial system integrity Old Mutual Ghana, a leading insurance company, has paid a courtesy call on Ghana’s Financial Intelligence Centre (FIC) to reinforce their commitment to ensuring the integrity of Ghana’s financial system. The visit’s purpose was, among other things, to address key issues regarding Old Mutual’s collaboration with the FIC and shed light […]
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Columnist
Mindful Spending: financial goals for cultivating smart spending habits
As we welcome a new year, now is an opportune moment to contemplate our financial behaviours and establish significant objectives for the upcoming months. Among the various financial resolutions, one goal that stands out for its long-term impact is cultivating mindful spending habits. In this article, we will delve into the significance of mindful spending […]
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Health
HFFG holds media sensitization on advocacy for immunization financing
Hope For Future Generation (HFFG), a non-governmental organization with health as one of its focus areas, has organized a media workshop to help journalists become champions for long-term vaccine funding. The sensitization is in line with the Financing Immunization Advocacy Response (FAIR) project of the organization. The goal of the FAIR project is to push […]
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Banking & Finance
Ecobank affiliates win Bank of the Year 2023, Global Award for Financial Inclusion
Ecobank, the leading pan-African Banking Group, is proud to announce that Ecobank Zimbabwe has won the ‘Global Award for Financial Inclusion’ in The Bankers’ Awards 2023. In addition, Ecobank Benin, Ecobank Guinea, Ecobank Liberia, Ecobank Mali and Ecobank Togo were all named ‘Bank of the Year 2023’ in their respective countries. Jeremy Awori, Chief Executive […]
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