The Mastercard Foundation, an independent non-profit organisation, has announced its intention to allocate US$1.3billion in partnership with the Africa Centre for Disease Control and Prevention (Africa-CDC) over the next three years to assist in the fight against COVID-19 pandemic and economic recovery on the continent. The initiative, which is dubbed...
The Asantehene, Otumfuo Osei Tutu II, has during a courtesy call on him by the Managing Director of FBNBank Ghana and his team intimated that the Traditional Council is facilitating the perfection of leases, to enable businesses and property owners access credit from banks at one-third the usual cost. During...
… opens Kasoa business office, brings total branches to 28 The United Bank for Africa (UBA) Ghana Ltd. has opened a new business office in Kasoa, in a bid to expand its branch network and boost economic activities in Kasoa and its environs. The new office is part of plans to...
Ecobank, in partnership with selected Automobile Dealers and Allianz Insurance, has launched Ecobank Auto Finance, which is aimed at empowering Ghanaian workers acquire new and used vehicles. The offer comprises highly reduced interest rates on auto loans by Ecobank and significantly discounted vehicle prices from each of the automobile...
A resource handicapped Securities and Exchange Commission (SEC) poses far more systemic and structural risks to the development of Ghana’s relatively young capital market, Kojo Addae-Mensah, CEO of Databank Group, has said. Despite the SEC’s recent market actions via directives to institutions it regulates and general awareness creation about its...
Trading activities on the main market of the Ghana Stock Exchange (GSE) saw a significant month-on-month turnaround in May, as value and volume of shares traded reached its highest and second highest points for the year respectively, with 58.9 million shares, valued at GH¢72.7 million, changing hands. This comes after...
says full amortisation realised by end year five good for the environment as well as bank’s bottomline bank declares 55p per share in dividend at 33rd AGM As further evidence of its commitment to environmental sustainability, 35 of Ecobank’s 65 branches in the country will be powered by solar...
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...
: The perspective of the Chartered Institute of Bankers The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) held its 98th Regular Meetings from Tuesday, January 26, 2021 to Friday, January 29, 2021 to review developments in the economy. The meetings were concluded with a press conference held...
Governor of the central bank, Dr. Ernest Addison, has provided assurance to all stakeholders that his outfit will not sit down for the new Development Bank Ghana - which is set to be operational next month - to suffer the same ill-fate as previous ones did; saying this time,...