…says gov’t assured it will not be businesses as usual
Country Director of the World Bank, Pierre Frank Laporte, has revealed that the Bretton Woods institution agreed to support establishing the new Development Bank Ghana (DBG) because government agreed to conditions it spelled out in ensuring the bank becomes...
Managing Director of Republic Bank Ghana, Farid Antar, has said the bank’s digital adaptability and transformation to doing business online is not yet complete, as digitalisation is a work in progress and an ever-evolving phenomenon.
According to him, digitisation is not an event or a project that can be executed...
Head of Technology and Business Systems Support at Republic Bank, Samuel Dakurah, says in an era of Artificial Intelligence (AI), jobs in the services sector will remain relevant despite the disruption that comes along with it.
There are many scary forecasts of the capacity of automation and AI to replace...
The Ghana National Association of Teachers (GNAT) has strongly reiterated its intention to establish a commercial bank as a viable investment portfolio for the Teachers’ Fund.
According to the teachers’ union, the idea to establish a commercial bank was hit with some challenges in the past but the idea has...
… calls for support to retrieve GH¢19bn from shareholders of collapsed firms
The Bank of Ghana (BoG) Governor, Dr. Ernest Addison, has said that attempts by some shareholders and owners of the collapsed financial institutions to frustrate the legal processes ongoing to demand accountability from them will not suffice.
According...
The Bank of Ghana (BoG) and the Criminal Investigation Department of the Ghana Police Service are on the heels of over 100 exporters over Letters of Commitment (LOC) infractions. According to the BoG, this move is part of efforts to ensure the repatriation of all export receipts into the...
Atwima Rural Bank at Foase in the Atwima Kwamwoma district of Ashanti Region has started recording some positive gains from January this year, after a short period of operational distress.
The bank made a profit of approximately GH¢284,000 as at May 2021 against a loss of a little over GH¢368,692.41...
The Bank of Ghana (BoG) has noted with concern a trend where some banks and Specialised Deposit-Taking Institutions (SDIs) impose certain unfair fees and charges on customers, which serves as a disincentive to financial inclusion.
These nuisance fees and charges include: credit insurance premium overcharges; maintenance fees on savings accounts;...
Zeepay, the leading African Challenger Fintech with operations in over 20 African countries organised its maiden graduate recruitment programme on Saturday, June 19, 2021, at the Kwame Nkrumah University of Science and Technology to seek for potential interns and entry-level employees.
The Zeepay Graduate Recruitment Programme took place at the...
Even though the cedi has not depreciated against the US dollar since the beginning of the year, it has started showing signs of weakness, as data published by the Bank of Ghana indicates its gains have begun to slow since the beginning of the year.
According to the interbank FX...