Injaro Investment Advisors Limited - a Ghanaian growth capital investor, has announced the launch of the Injaro Ghana Venture Capital Fund (IGVCF) - its inaugural Ghana Cedi denominated fund.
The GH¢150million fund launches with commitments from several private pension schemes including the Petra Advantage Pension Scheme and Petra Opportunity Pension...
About 96% of disgruntled bank customers do not complain directly to their respective banks when they encounter a challenge during their banking transactions, the Executive Director of Association of Rural Banks, Ghana Mrs Comfort Owusu has revealed.
According to her, this revelation is backed by empirical research by marketing experts,...
Standard Chartered Bank Ghana PLC as part of its month-long celebration of women held an International Women’s Day Entrepreneural Forum under the theme ‘Taking your business to the next level’. The Forum was attended by women CEOs and entrepreneurs in the SME space of the bank’s Business Banking segment.
Opening...
Governor of the Bank of Ghana, Dr. Ernest Addison, has calmed nerves over the current rapid depreciation of the cedi, saying, the bank is implementing interventions that will stabilise the local currency against its major trading currencies in the shortest possible time.
His comments come on the back of concerns...
Consistent with the Security and Exchange Commission’s (SEC) goal of making collective investment schemes the vehicle of choice for deepening the nation’s financial markets, First Atlantic Asset Management (FAAM) has launched the First Atlantic Income Fund (FAIF).
The open-ended mutual fund, its managers stated, will place an emphasis on liquidity...
The Managing Director of GCB Bank PLC, Mr. Kofi Adomakoh, has advised Ghanaians, especially, businesses and leaders not to allow their vulnerabilities to weigh them down in achieving their objectives.
He said leaders are vulnerable and have their own fears with regards to the challenging environment in which they operate,...
… to hold rising inflation, falling cedi
The Monetary Policy Committee (MPC) of the Bank of Ghana has - for the first time in recent history - hiked the policy rate by 250 basis points, saying current economic conditions which include fiscal pressures, inflation and exchange rate volatility, among...
Stanbic Investment Management Services
The recent strife between Russia and Ukraine has unnerved investors, sparking significant selloffs across asset classes in favour of safe-haven assets. The ongoing geopolitical conflict, poses a risk to an already dimmed global growth forecast, casting a spillover effect on the financial markets.
This, coupled with interest...
Africa's global bank, United Bank for Africa (UBA) Plc, and leading Pan-African Payments Company Cellulant have announced a partnership that will extend payment services for merchants and consumers across 19 key African countries in which UBA operates.
These countries include Nigeria, Ghana, Kenya, Côte d'Ivoire, Zambia, Tanzania, Uganda, Republic of...
Consolidated Bank Ghana has donated 50 laptops to Kwame Nkrumah University of Science and Technology (KNUST) in response to the University’s request for ‘Support One Needy Student with One Laptop’ (SONSOL) Project introduced recently.
The gesture follows an initial donation of 50 laptops in 2021 to KNUST during which the...