For its first physical edition, the Africa Financial Industry Summit in partnership with Mazars has rewarded outstanding figures representing the continent's financial vitality and resilience. Nominees included companies, executives and central bank governors from across the entire continent.
The awards ceremony took place during the Africa Financial Industry Summit 2022...
Price Development (Inflation)
The data you provided is from the Bank of Ghana's summary of economic and financial data for May 2023. It includes information about price developments in various categories, including the Consumer Price Index (CPI) and different measures of inflation.
Source:BankofGhana
Consumer Price Index (CPI): The CPI measures the...
The Importance of Defining Roles Clearly
In the dynamic corporate governance landscape, clearly defined roles facilitate smooth operation and are pivotal in steering the organisation towards its strategic objectives. A vivid outline of responsibilities ensures that every financial process is undertaken judiciously, maintaining a balance between strategy and day-to-day management....
Last week Barclays bank launched its maiden Barclays Africa Group Financial Markets Index which had Ghana ranking in the index that ranked the maturity, openness and accessibility of 17 markets in Africa based on both qualitative and quantitative criteria.
Ghana ranked below South Africa, Mauritius, Botswana, Kenya, Namibia and Kenya...
Prudential Life Insurance has announced a partnership with three institutions; United Way Ghana, United Nations Population Fund (UNFPA) and the School of Languages, University of Ghana to fund projects that are set to impact over 23,000 Ghanaians.
United Way Ghana is bringing together local expertise in the fields of education,...
The Monetary Policy Committee of the Bank of Ghana has held the policy rate, as already anticipated, citing the recent upsurge in inflation as reason.
Inflation shot up to 10.6 percent in April from 7.8 percent recorded in the previous three months due to panic-buying and the mad rush for...
Leading retail outlet Shoprite Ghana has yet to include mobile money as one of its payment options, as customers who wish to use the payment platform are forced to withdraw money from an agent and pay in cash, the B&FT has gathered.
The actions of the South African retailer’s domestic...
Nigeria: Fuel subsidy scrapped in Nigeria.
Ghana: IMF deal eases Ghana’s debt distress.
South Africa: Increased pressure remains on the rand with electricity supply constraints.
Egypt: A planned boost for the Egyptian manufacturing sector.
Kenya: CBK retains the Central Bank Rate at 9.50%.
Uganda: Increased development in Uganda’s telecoms sector.
Tanzania: Investor confidence holds despite...
The Association of Rural Bank, Ghana has urged the board and management of Akuapem Rural Bank to pursue sustainable operations and profitability in order to consolidate its impact on the rural banking industry after 40 years of existence.
The Association has emphasised that achieving this in the most efficient and...
Heritage Bank Limited, has introduced specialised remittance services for its customers and the general public. This follows successful integration with three globally recognised remittance partners - namely RIA Money Transfer, Western Union Money Transfer and MoneyGram respectively.
Customers and members of the general public can now access their remittances with...