Seventy-five thousand and five hundred Ghana Cedis (GH¢75,500.00) approved by Christina Sedinam Tamakloe Attionu, former Chief Executive Officer (ECO) of Microfinance and Small Loans Centre (MASLOC), as Honorarium for the media cannot be traced. The amount was allegedly meant for media participation in a sensitisation programme organised by MASLOC, in part of the Greater Accra […] The post MASLOC
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 National Chairman of the New Patriotic Party (NPP), Stephen Ntim, has called on the party’s leaders and supporters to work together to secure a resounding victory for the party’s flagbearer, Dr. Mahamudu Bawumia, in the 2024 polls. He made these remarks when he addressed the party supporters, executives, failed presidential candidates, MPs, former MPs, […] The post Let’s
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
The summary of macroeconomic and financial data released by the Bank of Ghana (BoG) in January 2024 highlighted performance of the Ghanaian economy in key sectors. The summary shed significant light on real sector indicators; interest rates; price developments; external sector developments; prices for commodities; and monetary indicators. Others included relevant information on the fiscal […] The post
…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
After testifying that US$80 million out of the US$200 million for the Saglemi Housing was paid by late Enoch Teye Mensah, also known as E.T Mensah, it has come to light that the prosecution’s first witness (PW1), Reverend Stephen Yaw Osei, has no personal knowledge of the entire housing project. According to Rev. Osei, Chief […] The post Saglemi trial: Witness lacks personal
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
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
Over the years, deliberate efforts have been made by experts to navigate the waves of transformation in the banking industry to facilitate the identification of emerging trends; improve understanding and appreciation of these trends to advance service delivery and corporate performance; and enhance competitiveness and accelerated growth of the banking industry; while contributing meaningfully to […] The post
The National Chairman of the New Patriotic Party (NPP), Stephen Ayesu Ntim, has issued a rallying call for unity among party members, emphasizing the collective effort needed to secure victory in the upcoming general election scheduled for December. In a message addressed to all elected candidates following the Parliamentary Primaries on Saturday, January 27, 2024, […] The post NPP
…The Relationship Manager “Get closer than ever to your customers. So close that you tell them what they need well before they realize it themselves.”….. Steve Jobbs Dear Readers, how did you find the extracts from my first article published more than ten years ago? Funny, but its real. Its interesting that the situation is still […] The post Risk
FBNBank ended the year 2023 on an exciting note, spreading goodwill to its communities through several activities, including a donation to the Lifeline for Childhood Cancer Ghana Foundation and the Nana Saka Nkansah School Complex. These initiatives reflected the bank’s commitment to community engagement, spreading joy during the holiday season and contributing to the well-being […] The post FBNBank
Ghana, a nation facing its worst economic challenges, recently received a much-needed cushion in the form of a US$3 billion bailout approved by the International Monetary Fund (IMF). This financial support has appeared to be a critical help for Ghana’s struggling economy, particularly in the face of the shocks brought by the COVID-19 pandemic. This […] The post
Standard Chartered Wealth Management Chief Investment Office (CIO) has released its Outlook 2024 report, outlining its investment strategy for the year ahead. The US and other major economies are likely to witness sharply slower growth and sliding inflation in 2024. Equity and bond markets are expected to start 2024 positively, supported by hopes of a […] The post Sailing with the wind
Stephen Asamoah Boateng THE MINISTER for Chieftaincy and Religious Affairs, Stephen Asamoah Boateng, popularly known as Asabee, has called for a probe into the circumstances surrounding the untimely demise Read More... The post Asabee Calls For Probe Into Mills’ Death appeared
The Executive Board of the International Monetary Fund (IMF) approved the release of Ghana’s second tranche of US$600 million, and as expected, the amount has reflected in the accounts of Ghana this week. The release of the second tranche brings the total disbursement to US$1.2 billion of the US$3 billion Extended Credit Facility. The entire […] The post Editorial: Utilise IMF
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