… with resilience focus of 2024 Banking Conference
By Ebenezer Chike Adjei NJOKU
The future of banking will be shaped by critical topics such as financial literacy, ethics, risk management, artificial intelligence (AI), and climate finance, according to the Chief Executive Officer (CEO) of the Chartered Institute of Bankers, Ghana (CIB...
By Enock YEBOAH-MENSAH
Financial statements are a summary of the financial records of an organisation that shows its financial performance over a given period and financial position as at a point in time. The previous articles focused on Common-Size Analysis and Financial ratios (published on 13th November); this article focuses...
By PETER MARTEY AGBEKO
It wasn’t long after my first column that my phone buzzed with a message from an old friend. Michael Kwesi Amuakwa, a trusted classmate from my days at St. Augustine’s College, had read the piece and felt compelled to reach out.
After years of friendship, he confided...
The Central Securities Depository (CSD) of Ghana marked its 20th anniversary with a celebration that highlighted its evolution and future aspirations.
The event, which took place in Accra, saw Dr. Maxwell Opoku Afari, Board Chairman of CSD and First Deputy Governor of the Bank of Ghana, address the audience on...
By Alberta Quarcoopome
Internal controls are important in banking. Managers are obliged to protect the assets, reputation and the people in the business.
This is very important to employees who are likely to feel protected from false accusations. A bank with sound internal controls promotes trust among employees. Excuses like, “we...
By Korsi DZOKOTO
The Bank of Ghana (BoG) is set to inaugurate its new $250 million headquarters, a development that has sparked widespread debate. While the building may signify progress to some, its timing and associated costs raise serious questions about the priorities of Ghana’s central bank.
This article argues that...
By Enock YEBOAH-MENSAH
Financial statements are a summary of the financial records of an organisation that shows its financial performance over a given period and financial position as at a point in time. The previous articles focused on Common-Size Analysis and Financial ratios (published on 13th November); this article focuses...
In a landmark move, WAICA Reinsurance Corporation Plc (WAICA Re) has established AFIN Bank UK Limited, a wholly owned subsidiary in the United Kingdom. This strategic initiative marks a significant step in WAICA Re’s mission to strengthen financial ties between Africa and international markets.
AFIN, short for "Africa Affinity," embodies...
…propose reduction in corporate tax to 18%
By Elizabeth PUNSU, Kumasi
The Association of Rural Banks have appealed to government to reduce corporate tax for Rural and Community Banks (RCBs) as a special incentive to ensure the growth of the rural economy and the country at large.
They are proposing a reduction...
PET stands for Political, Economic, and Technological factors, the three key external forces that shape a business environment. In today's rapidly evolving global landscape, understanding the interplay of political, economic, and technological factors is essential for comprehending the complexities that shape our world. These dimensions are deeply interconnected, influencing...