Absa Bank has introduced its Supplier Finance Programme, an innovative solution designed to revolutionize corporate supply chains in Ghana. This initiative aligns with Absa Bank’s dedication to providing comprehensive financial services that cater to the ever-changing demands of its corporate customers. In a business environment where the effective management of cash flow is pivotal to […] The post Absa
Four law enforcement officers have been fatally shot and four others were wounded while serving an arrest warrant in Charlotte, North Carolina. A suspected attacker was found dead in the front yard of a barricaded home after a standoff that lasted three hours, police said. Two other persons of interest were taken into questioning, authorities […] The post Charlotte
Dr. Opoku-Afari The Bank of Ghana (BoG) has praised the invaluable contribution of the National Banking College (NBC) to the training of human resources in the financial sector. The Read More... The post BoG
The Independent candidate in the Ejisu by-election, Kwabene Owusu Aduomi has threatened a blood bath if any group of people attempts to undermine the integrity of the election through violence. Addressing a mini rally at Ejisu Zongo lorry station on Sunday, Mr. Aduomi questioned the idea behind the importing alleged vigilante groups affiliated to the […] The post Ejisu
Ghana’s fastest-growing bank, OmniBSIC Bank Plc, has opened 2024 positively by delivering strong results in the first quarter which is a strong indication of superior returns to shareholders and higher value for businesses this year. The bank’s profit soared by more than 58 per cent to GH¢82.58 million in March while liquidity and the balance […] The post OmniBSIC
The World Bank has recently released its April 2024 Commodity Outlook Report, which predicts a substantial drop in global food prices in 2024, with a projected 6 per cent decrease, followed by an additional 4 per cent decline in 2025. This decrease is mainly attributed to lower prices for grains, oils, and meals, while other […] The post World Bank predicts
In recent times we have been grappling with erratic power outages. These unpredictable and frustrating disruptions of electricity supply has been attributed to various factors including aging infrastructure, maintenance issues, transmission challenges, illegal connections to name a few. This unwelcome guest has left Ghanaians and businesses in the dark and seeking answers. However, amidst this […] The post Power
Ghana’s Black Starlets gave a showdown, securing a 5-1 victory over Serbia at the VGAFK Stadium in Volgograd, Russia, during the ongoing UEFA U-16 International Development Tournament in the early hours on Friday, April 26, 2024. Ghana’s lineup against Serbia featured Abdulai Nortey initiating the first goal with a magnificent curler in the 16th minute, […] The post UEFA
Professor Jane Naana Opoku Agyemang, running mate to National Democratic Congress (NDC) flag bearer John Mahama, announced plans to create women entrepreneurs and millionaires through the strategic establishment of a Women Development Bank. “We will actively pursue the establishment of a Women Development Bank to nurture and grow women-owned, women-led businesses,” Opoku Agyemang stated. “Women […] The post NDC
Businessman Prince Kofi Amoaben has expressed his confidence in former President John Dramani Mahama as the ideal leader to steer Ghana toward economic development and prosperity. Amoaben, the co-founder of the defunct UT Bank, averred the potential benefits of Mahama’s experience as a returning leader during his remarks at a fundraising dinner hosted by the […] The post Kofi
The Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchill, has emphasized the importance of the domestic capital market as a viable and sustainable source of funding for businesses. Mr. Bentsi-Enchill said this at the issuance of Letshego’s newly established and expanded GHS 500 million bond programme at the Ghana Stock Exchange. Speaking on […] The post Domestic
Former first lady Mrs Lordina Dramani Mahama has shared time-tested advice with young ladies attending a singles camp meeting and inspired them to make the most of their singleness while striving for personal and spiritual growth. Mrs Mahama was speaking as the special guest of honour at the 2024 Young Singles Camp Meeting of the […] The post Lordina Mahama interacts with
Source: GNA Mrs. Ursula Owusu-Ekuful, Minister for Communications and Digitalisation, has cautioned members of the public to desist from dealing in pre-registered SIM cards since it is illegal and an offence liable for prosecution. She explained that “Dealing in this context comprises the individual, who sells the pre-registered SIM as well as the buyer or […]
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […] The post Stanbic
Stanbic Bank Ghana, a subsidiary of the Standard Bank Group, has signed a Memorandum of Understanding (MOU) with the Ghana Medical Association (GMA) aimed at offering tailor-made financial solutions to members of the GMA. Speaking at the MOU signing ceremony at Stanbic Heights in Accra, Kwamina Asomaning, Chief Executive of Stanbic Bank said health is […] The post
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
The Ministry of Finance and the Bank of Ghana have shown a steadfast commitment to a set of policies right from the beginning of the implementation of the $3 billion programme with the International Monetary Fund (IMF) under very difficult circumstances, Governor of the central bank, Dr Ernest Addison has said. He stated that they […] The post $3bn deal: We are beginning
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has expressed optimism that the successful second review of the programme with the International Monetary Fund (IMF) will lead to the release of the 3rd tranche. The country had already received two tranches, $600million each. The release of the third tranche would increase the total […] The post IMF deal:
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring program, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
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