Africa’s global bank, United Bank for Africa (UBA) Plc, appointed Uzoechina Molokwu as the Managing Director/Chief Executive Officer of UBA Ghana with effect from February 21, 2024.
His appointment is expected to provide leadership and bolster the management team's capabilities in overseeing operations within the country and driving its growth...
The definition of ‘education for life’ shows in every facet of human endeavours - to the extent that the deepest rural dweller needs some sort of education to live; and more so to engage meaningfully with fellow humans and take care of animal and plant life. However, there are...
Today, the Financial Services Industry has undergone enormous changes with more and more banks focused on developing mobile platforms which aims at providing services online conveniently. This greatly expands the interaction between financial institutions and customers, and also creates a more unique business and service model.
Although almost all the...
The President of the World Bank, Mr. David Malpass, and his senior management team comprising Dr. Axel van Trotsenburg and Dr. Makhtar Diop met with the African Union’s COVID-19 Vaccine Acquisition Task Team (AVATT) to discuss modalities for a partnership that will accelerate vaccine deployment to Africa.
In a historic...
Stanbic Bank Ghana and the International Finance Corporation (IFC) have signed a partnership agreement to mobilize climate financing. The agreement was signed at Stanbic Heights in Accra on Friday October 19.
The partnership, which is the first in Ghana, supports the country’s transition to a low-emissions and climate resilient economy...
United Way Ghana and staff of CalBank PLC have engaged 800 young learners at the Holy Family R/C Basic School in a coaching activity to provide them with goal-setting, time-management and basic principles in savings and investment.
The coaching programme’s objective is to provide these pupils with opportunities to enhance...
…urges sizeable investment in technology
The Savings and Loans (S&L) segment of the financial sector is in danger of losing the share of the market that has traditionally been its preserve if urgent steps are not taken to comprehensively digitise its operations and offerings, Second Deputy Governor of...
Access Bank Ghana Plc recorded a strong growth trajectory across key indicators in the financial year ended 2021. Profit before tax grew from GH¢355million in 2020 to GH¢501million in 2021, recording a 41 percent growth while total operating income grew from GH¢567million in 2020 to GH¢728million in 2021, recording...
Fan Milk Limited has announced to its shareholders that it would not be able to pay dividend for year 2019 due to COVID-19 economic challenges.
The company has noted the Ghana Stock Exchange (GSE) about the move. It said in statements that, “In the uncertain context of COVID-19 pandemic, reflecting...
Governor of the Bank of Ghana, Dr. Ernest Yedu Addison, has said that the main reason for high lending rates in the country is largely due to government’s huge borrowing from the domestic debt market to support the budget; hence, any hope of affordable lending will depend on fiscal...