…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 […] The post
Fiscal space, in its simplest form, is the capacity of governments to adjust their revenue and expenditure policies to overcome economic shocks and foster growth. It is a precarious balance between short-term responsiveness and long-term prudence. It is essential to realise that fiscal space is not an abstract concept. It is tangible and can be created through […] The post
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
We are in a world where by the click of button, money is transferred from one jurisdiction to the other with ease. The emergence of digital payment platforms and money remittance services (Fintech) has changed the way we interact with money on daily basis. Technology has contributed to this effective and efficient way of doing […] The post Micro
Ghana’s financial sector is gradually witnessing a remarkable transformation as traditional brokerage firms embrace cutting-edge technology to offer a seamless and secure investment experience. Teak Tree Brokerage, a Licensed Dealing Member (LDM) and Depository Participant (DP) of the Ghana Stock Exchange (GSE), is at the forefront of this shift. In an exclusive interview with John […] The post
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
Data loss can have serious consequences for any business. It is one of the most common causes of business disruption or failure. To control the effects of data loss means that a business must have a robust data backup and recovery plan in place. What then is data backup and data recovery? This article discusses […] The post Underpinnings of Data Backup and Data Recovery
Development Bank Ghana (DBG) has pledged financial support for the Breast Cancer Unit of Korle-Bu Teaching Hospital (KBTH) over the next five years. Presenting an amount of GH¢100,000 to the Breast Cancer Unit in Accra, Chief Executive Officer-DBG, Kwamina Duker, explained that the decision to support KBTH is to help address certain needs of the facility over […] The post DBG
Ecobank Ghana and partner organisations implementing the Zero Malaria Business Leadership Initiative (ZMBLI) have called on the private sector to join forces in contributing toward efforts to eradicate malaria. The ZMBLI, which was launched in June 2023, received a seed capital of US$120,000 from Ecobank; but considering the huge financing gap between resources required and […] The post
GTBank has handed over a refurbished computer lab to the Department of Computer Science at the University of Ghana (UG). The facility is replete with computers, Internet access and a projector – all in a bid to augment efforts of the department and also make needed resources accessible to lecturers and students. “We build ICT […] The post GTBank hands
Advans Ghana Savings and Loans Ltd., a multiple award-winning company and leading savings and loans firm, has risen from 85th place last year to 69th position at the Ghana Club 100 Awards’ 20th edition held in Accra. The Ghana Club 100 Awards, organised annually by Ghana Investment Promotion Centre (GIPC), celebrate the exemplary achievements of […] The post Advans
GCB Bank PLC has reinvented digital banking in the country with the relaunch of its revamped digital banking platform. The enhanced mobile banking app dubbed ‘Recoded’, the bank said, has been painstakingly developed to provide convenience to customers while ensuring the safety of investments. The new platform comes with unique features compared to any other […] The post GCB
To establish its unrelenting commitment to development of the country’s economy, FBNBank Ghana Limited has started a series of fairs for small and medium enterprises (SMEs). The FBNBank SME Fair is in two editions: the first edition takes place from 12th to 16th December 2023 at the Atomic Branch while the second involves simultaneous fairs […] The post FBNBank reiterates
The Africa Fintech Network has announced the appointment of Martin Kwame Awagah, President of the Ghana Fintech and Payments Association, to serve as a board member for the period starting 2023 to 2026. Mr. Awagah’s appointment to this esteemed position comes on the back of his exceptional leadership, passion and unwavering commitment to advancing the […] The post Fintech
FBNBank claimed the top position among financial institutions in Ghana when it was adjudged 10th-best company in the Ghana Club 100 20th edition ranking. With this feat, FBNBank becomes Ghana’s highest placed bank in the coveted league of best corporate entities for 2023. FBNBank’s ranking as 10th-best is more remarkable when viewed against its previous […] The post FBNBank
The Bank of Ghana’s success in SupTech (Supervisory Technology) has proved groundbreaking, shedding light on the multifaceted advantages and hurdles inherent in adopting technological solutions for financial oversight. The Second Deputy Governor, Bank of Ghana, Mrs. Elsie Addo Awadzi highlighted these insights in her keynote address during the inaugural 2023 Cambridge Suptech Week. The Bank’s […] The post
In the continually changing realm of financial services, investors encounter a pivotal choice: should they choose the automated methodology of robo-advisors or the individualized counsel of traditional financial advisors? This article seeks to offer perspectives on the advantages and drawbacks of both alternatives, assisting individuals in making well-informed decisions aligned with their distinct financial objectives […] The post
Stanbic Bank Ghana, a member of the Standard Bank Group – Africa’s largest bank by assets, has been awarded the Financial Deal of the Year Award at the 9th edition of the Ghana Mining and Industry Awards (GMIA), held at the Movenpick Ambassador Hotel, Accra. The award celebrates a financial transaction between a local financial […] The post Stanbic wins financial deal
Two personnel from the Ghana National Fire Service are currently in the custody of the Damongo police for murder. The two, along with others who are on the run, stand accused of beating 27-year-old Shurazu Nuhu, a laborer, over suspected theft of a mattress. The brother of the deceased, Zakaria Mudasiru, narrated to Citi News […] The post Damongo: Two Fire personnel arrested for
The Executive Director for Retail and Digital Banking at Access Bank (Ghana) Plc, Pearl Nkrumah, has called on financial institutions in the country to extensively support the advancement and development of Ghana’s tourism and creative industries. Speaking at the just ended Tourism Investment summit held in Accra, Ms. Nkrumah noted that the current growth and […] The post Access
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