A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the excessive subscription of government bonds. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the prolonged maturity period of […] The post Many
By Ebenezer Chike Adjei NJOKU ([email protected]) Indigenous financial services provider, CalBank is aiming to raise GH¢600 million in fresh capital through a renounceable rights issue. This capital injection will aid the lender’s recovery from the effects of the Domestic Debt Exchange Programme (DDEP) and fuel its future growth plans. The move will offer existing shareholders […] The post
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the new Cash Reserve Ratio by the Bank of Ghana. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the […] The post Many
Afrobeat musician King Promise has demonstrated extraordinary generosity to his fans by paying the medical bills and fees of some of his fans. The post King Promise pays medical bills and school fees of his fans first appeared on 3News.
The President of the Coalition of Concerned Teachers, Ghana, King Ali Awudu, is worried about the frustrations that headteachers are going through in the line of their work. He says the headmasters are unable to voice out their frustrations for fear of being dismissed. Speaking in an interview with TV3’s Kemini Amanor, he said “No […] The post Headteachers
Teachers are underpaid in Ghana, President of the Coalition of Concerned Teachers, Ghana, King Ali Awudu, has said. He described the situation as unfortunate, given that teachers put in so much effort to impart knowledge to young ones yet retire as very poor people. “Teachers all over Ghana are underpaid. It is unfortunate that teachers […] The post It’s
The President of the Coalition of Concerned Teachers, Ghana, King Ali Awudu, wants the government to extend the One Student, One Tablet initiative for senior high schools to basic schools as well. He said that basic schools, which formed the critical aspect of the education ladder, have not seen much investment He said this while […] The post One Student, One
President of the Coalition of Concerned Teachers (CCT) Ghana, King Ali Awudu, has bemoaned the plights of Ghanaian teachers, especially those within the basic school system, due to bad conditions of service. He said male teachers suffer the most, especially in their quest to find their better halves. According to Mr. Awudu, some in-laws end […] The post ‘Are
Fidelity Bank Ghana has been recognised by Ianmatsun Global Services at a ceremony held at the Kempinski Gold Coast Hotel for its steadfast commitment to gender equality. The bank secured a coveted spot among the top 50 employers for gender equality in Ghana and achieving the prestigious distinction of Gender Equality Champion within the banking […] The post Fidelity
Celebrated Ghanaian musician, Okyeame Kwame has showered praises on the talented musician, King Paluta for his exploits. Many say considering the number of years King Paluta has been around, he has not received the corresponding recognition. Thankfully in recent times, the artiste has been able to garner the needed spotlight and has capitalised on that […] The post “King
Recent events in relation to the passage of the Human Sexual Rights and Family Values Bill 2024 have taken me down memory lane. Parliament unanimously passed the Bill (also known as the anti-LGBTQ+ Bill) on Wednesday, February 28. Of particular interest to me is Majority Leader, Alexander Afenyo-Markin’s objection to custodial sentencing as prescribed under […] The post The Akoto Lante Samaritan – a remix
The President of the Coalition of Concerned Teachers, Ghana, King Ali Awudu, is concerned about the condition of service for teachers in Ghana. Regarding the salaries of teachers, Ali Awudu said when asked whether teachers in Ghana earn up to GHS3000 ” For being in the service for 19 years and with a second degree […] The post With
Top performers – King Promise, Wendy Shay, Olive the Boy, Dance God among others are set to rock this year’s Dunkfest at the Association International School, Airport, Accra on Read More... The post King Promise, Wendy Shay Set To Shake Dunkfest
By Delphina QUARSHIE Have you ever wondered why God chose a garden, specifically the Garden of Eden, out of all places, to be humanity’s dwelling place? You may also not have stopped to reflect on the fact that, before his arrest and crucifixion, Jesus retreated to pray in the Garden of Gethsemane. Thus, we see […] The post More than just a garden:
At the maiden edition of the Women in Business Dialogue series organised by the Business and Financial Times and held in Accra, the Sector Head, SME & Retail Banking at Zenith Bank, Gloria Cabutey-Adodoadji, urged businesswomen to leverage on the golden opportunities of the African Continental Free Trade Area (AfCFTA) agreement to expand their reach […] The post Zenith
Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG). CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and foreign currency – as cash […] The post Editorial:
Sustainable finance, in its simplest form, is a way of managing money that takes care of our planet while achieving our business objectives. It’s about making smart financial decisions that positively impact the environment and society, not just today but for posterity. For banks, sustainable finance means supporting projects and businesses that promote the sustainability […] The post Banking
By Kwami AHIABENU ll Innovations thrive at the speed of interactive communication. Previously, most FinTech services were positioned in various silos; this is based on historical antecedents of banking where various banking services were intentionally built to be independent for several good reasons, including security concerns. Change took place, and systems began to talk to […] The post Powering
In a recent initiative to bolster economic resilience, Absa Bank Ghana has organized a seminar for its Business Banking clients focused on understanding and managing market risks effectively. The event, themed ‘Anticipate and Effectively Manage Market Risk’, aimed to provide insight into the current macroeconomic climate, highlighting potential market risks and outlining risk management solutions. […] The post
By Mansa NETTEY The third month of every year, March has become a canvas on which the pertinent issues of women empowerment and inclusion are laid bare and deliberated upon. There’s a flurry of initiatives aimed at investing in women and inspiring inclusion whiles the achievements of those who have accomplished impressive feats are heralded […] The post Investing
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