The Ministry of Finance (MoF) has failed to provide data on the utilization of Annual Budget Funding Amount (ABFA) as mandated by the Petroleum Revenue Management Act (PRMA) for accountability and transparency purposes for the third consecutive year and the fourth time since the enactment of the law in...
The Bank of Ghana has granted Global Accelerex Ghana Limited - a payment service provider and platform operator - an enhanced Payment Service Provider (PSP) licence under the Payment Systems and Services Act, 2019 (Act 987). The licence permits Global Accelerex to offer POS devices and applications agency banking platforms,...
Ecobank Ghana last week held a capacity-building webinar for Non-Governmental Organisations (NGOs) and Civil Society Organisations (CSOs) across the country. The forum, which was held via Microsoft Teams brought together over one hundred participants, mainly local organisations to deliberate on various topics related to national development, financial inclusion and general...
The Agricultural Development Bank (ADB) has presented a total of 150 bags of sugar and 150 bags of rice to the Muslim community in support of this year’s Ramadan.  Presenting some of the items to the National Chief Imam, Dr. Sheikh Osmanu Nuhu Sharubutu at his residence, the Deputy Managing...
The Director of the Financial Sector Division at the Ministry of Finance, Sampson Akligoh, has disclosed that several competent measures have been put in place to ensure the success and independence of the yet-to-be formed Development Bank Ghana (DBG). According to Mr Akligoh, government has learned its lessons from the...
Despite the negative impact of COVID-19 on global economies, some investment analysts in Ghana have disclosed that the situation helped bring back confidence in the investment market as more players switched to digital channels to invest their funds. According to data from the Ghana Stock Exchange (GSE), investment in the...
The coronavirus has brought with it many changes to the way we live; chief amongst them has been, social distancing, a heightened sense of health and safety, disruptions to supply chains and changes to consumer patterns. Flowing from these has been the acceleration in digital payment solutions. At the...
All is set for FBNBank’s National Trade Forum(NTF) which is expected to provide the platform for a deep-dive by key sector partners and stakeholders of how to improve Ghana’s international trade under the topic, “Promoting Trade between Ghana and the rest of the world.” The event which is scheduled for...
In what can be likened to the proverbial underdog story, Ecobank Ghana has over the past three decades evolved from what was the smallest bank at the time, into a first-class financial institution home and abroad. From a small office at Ridge in Accra, today Ecobank sits atop the pile...
…launches ‘We Dey Everywhere’ campaign Fidelity Bank Ghana has further cemented its status as the country’s leader in Agency Banking with the launch of its 'We Dey Everywhere’ Campaign. The campaign seeks to create awareness about the bank’s extensive network of community agents who are bringing banking to the doorsteps...