By Juliet ETEFE The Auditor-General, Johnson Akuamoah Asiedu, has announced a substantial       GHȼ5.4billion decrease in financial irregularities within public institutions. This means that for last year the Service reports detected financial irregularities of GHȼ11.17billion in public sector finances compared to about GHȼ16.57billion in 2022. This was highlighted during the 2024 Financial...
… outlines strategy to boost intra-African trade Standard Chartered is well-positioned to serve as a key player in driving private sector engagement with the African Continental Free Trade Area (AfCFTA), leveraging its extensive history and network. At a recent Business Roundtable in Ghana, Kariuki Ngari, Chief Executive for Africa at Standard...
By Joshua Worlasi AMLANU [email protected] Amid tight liquidity on the local market and higher issuance targets, driven by central bank implementation of the new cash reserve ratio (CRR), investor demand at government’s weekly auctions has weakened. Investor demand at the weekly auctions declined from an average weekly bid of GH¢5.1billion in...
By Odelia NTIAMOAH Ghana, like many countries on the African continent, is at a pivotal juncture in its energy transition journey. With a growing emphasis on sustainability and reducing reliance on fossil fuels, the country is poised to embrace renewable energy sources as a key component of its energy strategy...
By Joseph Amo ADJEI Sustainable finance has emerged as a critical approach to shaping a resilient and prosperous future.  It is about investing in ways that benefit both the environment and society whiles being profitable. Sustainable finance directs funds toward projects and companies that cares about the impact of its activities...
Network International (NI), the largest digital payments company in Africa and the Middle East, is set to transform the local digital payment market system with cutting-edge solutions designed to enhance customer experience and business drive. This follows the outdooring of its new status in the Ghanaian market with a commitment...
… amid  election overrun concerns   Inflows from the International Monetary Fund (IMF) and World Bank are expected to provide some respite for the cedi as the country braces for the traditional surge in demand for foreign exchange during the festive season. With the third-quarter demand season less than six weeks...
By Lawrencia Asieduah OSEI In the world of finance, much like in life, we often find ourselves riding waves of fortune and misfortune. One moment, the winds are at our backs, and the next, we're bailing water from a leaking boat. Today, Ghana finds itself in the midst of a stormy...
By Deborah Asantewaah SARFO Affinity Ghana Savings and Loans has established its presence in the financial landscape after two years of operation. The company has pledged to safeguard public funds and uphold the highest standards of financial integrity. The Chief Executive Officer (CEO) of Affinity Ghana, Abdul-Jaleel Hussein, emphasised the institution's...
Fidelity Bank, Ghana's leading indigenous private bank, has entered into a strategic partnership with Mayfair Estates Ghana Limited to make homeownership more accessible. The collaboration aims to address the critical challenges of affordability and the housing shortage in Ghana. A Memorandum of Understanding was signed at the Mayfair Estates Property...