Dr. Kweku Arthur-Annobil, Business Strategy Manager of Business and Commercial Banking at Stanbic Bank Ghana, has urged Ghanaian banks to find innovative ways to support women-led businesses, especially in the face of current economic challenges. Dr. Arthur-Annobil said this during a multi-stakeholder engagement on enabling resilient women-led businesses in Ghana. Speaking...
The 2024 Mid-Year Budget Review, presented by Dr. Mohammed Amin Adam, MP, Minister for Finance, showcases Ghana's commitment to fostering economic growth through innovation and digital transformation. Among the sectors poised to benefit significantly are Financial Technology (FinTech), TechFin, and other technology services providers. This feature article explores how the...
Access Bank (Ghana) Plc has been adjudged Ghana’s Best Bank in Environmental, Social, and Governance (ESG) at the 2024 Euromoney Banking Awards for Excellence held in London, UK. The recognition underscores the bank’s commitment to environmental stewardship, social responsibility, governance excellence, and a dedication to diversity and inclusion. The “Best Bank...
The Bank of Africa (BOA)-Ghana, in partnership with the International Finance Corporation (IFC), a member of the World Bank Group, focused on the private sector in emerging markets, has launched an innovative project to train about 1000 Small and Medium-sized Enterprises (SMEs) across Ghana, with a special focus on...
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU The stock market’s rally is expected to maintain its momentum through the end of 2024, with Databank, a leading brokerage firm, significantly revising its initial projections. The Ghana Stock Exchange Composite Index (GSE-CI) - primary measure of the equities market’s performance...
with GH¢2.8bn Qwikloan disbursements sets sights on further expansion with 3Q24 GH¢100m bond issuance Letshego, a financial services provider specialising in micro loans, has announced strong financial results for the first half of 2024, demonstrating resilience in the face of challenging macroeconomic conditions. The company reported a 223 percent increase...
The Bank of Ghana (BoG) has announced a centralised foreign exchange trading platform, which requires that all persons seeking to buy or sell foreign currencies provide a Ghana Card or passport for foreign nationals and undergo biometric verification. It is to ensure safe and sound operations of the foreign exchange...
Izwe Savings and Loans Plc, a specialised deposit taking institution licensed by the Bank of Ghana, has introduced Mobisave, a new savings product accessible via their USSD platform (*272#). This innovative service allows both new and existing customers to save money conveniently through their mobile phones. Features of Mobisave; Digital Savings...
The government is set to pay West Blue Ghana GH¢95 million for the settlement of arrears owed to the IT Consulting firm for work done under the National Single Window and Integrated Risk Management System contract executed in August 2015. The payment is not for unlawful termination of the contract...
…expresses optimism for 2024 Cal Asset Management Company has reported significant growth and expressed optimism in it’s outlook for 2024, for both Cal Benefit Fixed Income Unit Trust and Cal Advantage Balanced Unit Trust. During the company's 2023 Annual General Meeting, CEO James Elijah Donkoh highlighted the impressive performance of their...