Republic Bank (Ghana) PLC announces the appointment of an Acting Board Chairman following the expiry of the term of Mr. Charles William Zwennes, Chairman of the Republic Bank (Ghana) PLC Board at the end of April 2023. The Board, at its meeting held on 2nd June 2023, appointed Mr. Paul King Aryene as the Acting […] The post Paul

Managing Director of CalBank PLC, Philip Owiredu, has advised small and medium scale Enterprises (SMEs) to manage their sources of financing appropriately to be credit worthy at all times for business growth. According to him, this would ensure businesses stay afloat and also help them invest more in other areas to become resilient. Mr. Owiredu […] The post

The Amenfiman Rural Bank PLC at Wassa Akropong in the Wassa Amenfi East municipality of the Western Region has recorded another remarkable operational performance in the 2022 year under review. Profitability The bank recorded a profit before tax of approximately GH¢10.7million in the 2022 reviewed year as against GH¢10.1million in the previous year, representing a […] The post

Dr Toni Kwesi Aubynn has been re-elected as Chairman of the Board of Directors-ARB Apex Bank, ‘mini-central bank’ of the Rural and Community Banks (RCBs) in Ghana. Dr Aubynn has already served a three-year tenure on the Board, and was re-elected for another term at a Board Meeting held in Accra this week. He first […] The post Toni Aubynn re-elected

as 44 entrepreneurs, corporate and public executives get top honours Building a robust private sector to cushion the nation’s sustainable growth aspirations is hinged on a functional public sector with high performing state enterprises and institutions, Ambassador Edward Boateng, Director-General of the State Interest and Governance Authority (SIGA), has said. Speaking at the 13th Ghana […] The post

The Ghana Revenue Authority (GRA) has impounded three container trucks for carrying more than 13,000 packs of assorted drinks without tax stamps. The consignments, confiscated on June 29 according to the Head of Excise Unit at GRA – Kwabena Apau, were supposed to have the stamps affixed to each bottle of drink. “Our intelligence and […] The post GRA

says ports are too expensive The Ghana National Chamber of Commerce and Industry (GNCCI) is urging government to consider introducing some tax reliefs in the upcoming mid-year budget review – a move it said will offer much-needed respite for businesses and spur recovery. The Chamber is of the view that the unaccustomed austerity measures introduced […] The post Mid-year

The country’s transformation has stalled despite experiencing rapid growth, including six years of exceptional growth between 2000 and 2020, Dr. K.Y. Amoako – President and Founder of the African Centre for Economic Transformation (ACET) – has said. Despite periods of economic growth, he opined, the country’s development and economic transformation has been hindered by a lack […] The post

Prof. Peter Lamptey, a professor in Global Noncommunicable Diseases (NCDs) at London School of Hygiene& Tropical Medicine/President Emeritus FHI360, has noted that lack of finances to combat NCDs is posing a challenge to efforts to curb the risk of increase. Speaking on the topic Combatting Noncommunicable Diseases: Africa’s Greatest Health Challenges, he noted that the […] The post

Shareholders of GCB Bank have voted overwhelmingly to allow the bank to raise up to GH¢1billion in additional equity capital, comprising GH¢750million in Common Equity Tier 1 Capital and GH¢250million in additional Tier 1 Capital through preference shares. The injection will primarily be used to meet regulatory capital adequacy ratio requirements, enhance deal-making capacity and […] The post