Studies have shown that leadership is required at all levels of establishment governance to ensure achievement of corporate goals (Yon, Kim, Ko, & Park, 2016). It has been established that through leaders, major decisions of organisations are carried out and that, through leadership, managers affect employee’s behaviour in an...
The Bank of Ghana is preparing directives to regulate unclaimed balances and provide consumer protection requirements for digital financial services and products, Governor of the Central Bank, Dr. Ernest Addison, has said. This means digital financial service providers would have a clear direction as to how to treat monies in locked on...
Enquiries made by the B&FT have established that the Ghana Interbank Payment and Settlement Systems (GhIPSS), can handle the intermediary role in across-network mobile money transactions, a multi-million-dollar job the central bank has outsourced to a private company. An insider source told the B&FT that what GhIPSS, a wholly owned...
Bank of Ghana (BOG) has announced that, UniBank Ghana Limited (UniBank) has been placed under administration. The appointment of the official administrator according to the central bank is aimed at saving UniBank from imminent collapse. The announcement comes just two weeks after uniBank announced a takeover of adb after some shareholders...
Guaranty Trust Bank (Ghana) Limited and Visa have rewarded some Visa cardholders in the ‘Visa Akyedie Reloaded’ giveaway promo which was relaunched in July, 2020. In a short ceremony held at the Bank’s Head Office at Ridge in Accra, the winners of the promo were presented with various prizes including...
Until the Coronavirus pandemic, banks in the country did not really know the extent to which their technology infrastructure, which they have been developing and deploying for more than a decade, could be strained and still deliver to customers’ satisfaction, bankers have noted. Even as they bask in the success...
…petitions Parliament to investigate BoG, GSE Former Chief Executive Officer (CEO) of UT Bank, Prince Kofi Amoabeng, and Founder of uniBank, Dr. Kwabena Duffuor have petitioned Parliament over the revocation of their banking licenses during the financial sector cleanup exercise. This was contained in Parliament’s Business Statement. According to the document,...
Accra, November 17, 2020: Universal Merchant Bank (UMB) has won a total of three coveted awards at the 10th edition of the Ghana Information Technology and Telecom Awards (GITTA) held at the Mövenpick Ambassador Hotel in Accra on Friday, November 13, 2020. The Bank was adjudged the Most Improved Bank...
FBNBank Ghana, a leading universal bank, has rewarded customers in its Save and Win Promotion with over 20 customers winning prizes in the third mini and grand draws held in Accra. Organised under the supervision of the National Lottery Authority, the first 10 lucky customers in the third mini draw...
While the concept of Black Friday is purported to have emerged from the United States of America, it has become quite popular in urban Ghana. This is as a result of the enormous business and product deals offered by merchants and service providers, which usually leads to increased purchases towards...