Aimed at averting a looming food crisis in Africa, the African Development Bank (AfDB) Group has approved an African Emergency Food Production Facility to rapidly produce 38 million tonnes of food translating into a US$1 billion increase in food production in two years.
The US$1.5billion facility will help African countries...
The world has advanced, with technology waving a magic wand over a myriad of activities including that of the financial space. This has compelled relevant stakeholders to design bespoke products and services aimed at providing convenience to customers without compromising security.
The incorporation of the Mobile Money Service into the...
Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchil, has called on West African countries to embrace collaboration and consultative efforts to improve access to finance in the sub-region.
He said this at the opening of the West Africa Capital Market Conference (WACMaC) at Movenpick Ambassador Hotel in Accra.
Speaking...
At Rand Merchant Bank (RMB), the corporate and investment banking arm of FirstRand Group of which First National Bank is a member, we are continually driving investment into enhancing the Technology, Media and Telecoms (TMT) infrastructure on the continent - in order to foster technological innovation and unlock economic...
as AU makes case for PAPSS
Economies of the African Continental Free Trade Area (AfCFTA) lose US$5billion in transactional cost to third-party foreign payment systems each year, the African Union Commissioner for Economic Development, Trade, Tourism and Industry, Albert Muchanga, has disclosed.
Mr. Muchanga, who was speaking to the B&FT...
Guaranty Trust Bank (Ghana) Limited has opened its 35th branch in Wa, as part of efforts to bring exceptional banking solutions and services closer to residence and workers of the Upper West Region.
The newly opened branch, which is located at the Fongo Wapani Residential Area, is set to...
Current inflationary pressures have pushed the Monetary Policy Committee (MPC) of the central bank to, once again, trigger a hike in the policy rate to tame the unprecedented rise in prices of goods and services.
The MPC increased the policy rate by 200-basis points to 19 percent after inflation saw...
"Remember that failure is an event, not a person." - Zig Ziglar
This is what one expert says which proves my firm belief that working with ethics is the true pillar of banking success:
The four pillars of ethics in banking
It is evident that ethics in banking is of supreme...
Fidelity Bank Ghana in partnership with the Criminal Investigation Department (CID) of the Ghana Police Service (GPS) has provided forensic training for 50 bank staff who in turn will train other frontline and control function staff. Fidelity Bank is the first bank in Ghana to provide its staff with...
Rosie Glazebrook, CEO of the Commonwealth Enterprise and Investment Council (CWEIC), has noted that Micro, Small and Medium Enterprises (MSME’s) are key to the development of many economies in the Commonwealth. This, in her view, underscored the CWEIC strategy to work with partners in key CommonWealth markets to foster...