TymeBank, a leading digital bank in South Africa, looks to empower small and micro businesses to accept card payments, powered by Network International, the leading enabler of digital commerce across Africa and the Middle East. Following their successful entry into the South African consumer banking market, TymeBank are now planning...
One thing was certain at the end of the Absa Ghana Inspire Me Conference in Accra: women businesses ought to be more collaborative and bolder in pushing the frontiers of growth in Africa. The conference took centre-stage in Accra last week, bringing together prominent African women businesses and entrepreneurs to...
Four kids out of the top-seven finalists in the Access Bank Perfect Start Promo have received a share of GH¢100,000 cash and other prizes for emerging as winners of the promotion. The Perfect Start Promo is the first-ever digital promo of the bank targetted at kids to promote financial literacy...
Further demonstrates pan-African and global growth Declares interim dividend of 0.07cents per share. Gross earnings rises to US$2.02million. Bank’s total assets hits US$20.3billion. Shareholders’ funds at US$2.26billion. Africa’s global bank, United Bank for Africa (UBA) Plc., delivered an outstanding performance for the half year ended June 30, 2023, as...
Educates immigration officers on financial literacy The Bank of Ghana has further sent caution to the public on falling for financial products and services that seem too good to be true, especially those from unlicenced and unregulated financial institutions. Speaking at a training workshop organised by the central bank for...
A combination of domestic imbalances and external shocks led to macroeconomic challenges in Ghana in 2022 with a spill over into 2023. The economy has since been riddled with persistent inflationary pressures, increasing public debt stock, interest rate hikes, and accelerated Cedi depreciation. The economy has also seen elevated...
Directors, shareholders and managers of rural and community banks (RCBs) in the country have been advised to adhere to prudential regulations of the Bank of Ghana (BoG) and the ARB Apex Bank to pre-empt regulatory sanctions. Mr. Joseph Kofi Amoa-Awuah, Head of the Other Financial Institutions Supervision Department at the...
By Joshua Worlasi AMLANU In a bid to maintain the integrity of the Ghanaian currency, the Bank of Ghana (BOG) has reiterated its commitment to enforcing the Clean Note Policy. Mr. Dominic Owusu, Director of Currency Management Department at the Bank of Ghana, emphasised the importance of this policy during a...
At the onset of the pandemic, the Board was faced with the responsibility of ensuring the liquidity of the business and preserving the jobs of our staff who have been loyal to the company for all these years. It was the first time we were faced with uncertainty regarding...
The Ghana Export Promotion Authority (GEPA) has brought together some commercial banks and Small Medium Enterprises (SME) who are into export in the Ashanti Region at a forum to ensure ways to survive and compete effectively in the Africa Continental Free Trade Area (AfCFTA), including the growth of non-traditional...