Employees of the Risk Function Unit at Absa Bank Ghana have donated essential items and personal protective equipment (PPE) to the Ghana Prisons Service’s Senior Correctional Centre, formerly known as the Borstal Institute for Juveniles, to support the Centre’s measures taken in the fight against COVID-19. The items donated were...
The United Nations General Assembly, in September 2015, came up with a set of 17 Sustainable Development Goals (SDG’s) which each UN member-nation was to attain by the year 2030. Seven years to the proposed attainment date, it is important to take stock of the various inroads made toward...
Chris Ofikulu, the Regional CEO of UBA West Africa and Managing Director of UBA Ghana has been named as the "Banking CEO of the Year 2023 " published by the World Business Outlook Awards. UBA Ghana also received accolades, including the Best Banking Service Provider in Ghana and the Leading...
Quick Credit & Investment Micro-Credit Limited, a non-deposit taking institution has honoured some deserving staff for their outstanding performance during the year under review. The award which is in the form of cash prizes is to commend the staff for their contribution to the success chalked by the company. It...
There is a strong proclivity to consume but a low proclivity to save. Consumption would imply minimal savings, investment, and capital development. Savings reflect the percentage of net income not spent on current use. Saving is, thus, a sacrifice from present consumption, which allows wealth to be accumulated. It...
A 195% increase from GH¢872.96m Analysts blame COVID-19’s impact on businesses Within a period of one year, liquidity support from the central bank to the banking industry increased by a whopping 193 percent, a situation analysts blame on the impact of the pandemic on businesses which led to increased...
The Bank of Ghana (BoG) has once again received international plaudits for its forward-thinking approach, as evidenced by its swift introduction of a regulatory sandbox for start-ups. Speaking as part of a panel during the Africa CEO Forum (ACF) Annual Summit in Abidjan, Côte d'Ivoire, Miishe Addy - co-founder and...
The Kumawuman Rural Bank Limited at Kumawu in the Sekyere Afram Plains district of Ashanti Region is set to rollout hybrid Automated Teller Machine (ATM) services at some of its branches. This is in fulfillment of government’s rural branchless banking project, and the bank has completed all documentations and signed...
"You can't shake hands with a clenched fist." - Indira Gandhi Dear Readers, based on a few requests I am repeating this two-part series first published in January 2014. It is still relevant and a guide for managers who coach new recruits on the oath of secrecy. Banks have a ritual...
Standard Chartered Bank Ghana Limited has begun the implementation of a Women in Tech Incubator (WIT) Programme in collaboration with the Ghana Climate Innovation Centre, an Ashesi University business incubator. Championed by Standard Chartered, the Women in Tech Incubator Programme, is specifically designed for women-led or women-owned businesses that are...

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