The Chief Executive Officer of Intelligent Capital Group, Leticia Browne, has said the banking sector does not have the framework and capacity to finance Small and Medium Scale Enterprises (SMEs), hence government must create innovative funding mechanisms to cater for SMEs. According to her, sustainability of businesses within the private...
…promises stern disciplinary action against flouting members The Chartered Institute of Bankers (CIB) Ghana is committed to strict enforcement, without fear or favour, of the stipulations laid out in the newly-released Ghana banking code of ethics and business conduct, President of the Institute, Patricia Sappor, has said. This, according to her,...
Absa Bank Ghana has engaged about 70 Ghanaian-owned startup businesses on how to grow their business by providing solution-oriented services to customers. Participating startups were educated on how important customers are in the business-growth value chain, hence the need to build trust with them. Making a presentation at an Absa...
The nation’s indigenous eCommerce and SMS messaging company, Hubtel.com, has entered into a partnership with Visa to expand access to seamless payments on its eCommerce platform. This partnership with Visa provides consumers with access to more merchant services on Hubtel’s eCommerce platforms. It also allows Hubtel to explore further innovative...
Former finance minister, Seth Terkper, is proposing to government to focus attention more on new sectors of the economy that has not been captured fairly or equitably if it wants to broaden the tax base, rather than target small businesses in the informal sector. Government has been struggling to raise...
GMRCEOs Breakfast Series VI Panellists at the sixth edition of Ghana’s Most Respected CEOs Breakfast Series have emphasised the need for collaboration among businesses to sustain their operations in this pandemic era. The panel, which was made up of CEOs from the banking sector and technology firms, stressed that there is...
The Managing Director of Consolidated Bank Ghana (CBG) Mr. Daniel Addo has urged banks in the financial sector to collaborate with other players in the sector to overcome the challenges posed by the COVID-19 pandemic. Mr. Addo stated that the pandemic has created a situation that has compelled players in...
Despite the challenges posed by the COVID-19 pandemic, Fidelity Bank Ghana recorded a remarkable profit before tax of GH¢382 million in 2020, representing a 19% increase from the GH¢322 million recorded in 2019.  The bank also grew its operating income by 8% over the prior year to GH¢978 million....
The Chief Executive Officer of Consolidated Bank Ghana (CBG), Daniel Addo, has said that advent of the ‘new normal’ has presented vast opportunities to the fintech space and the time is ripe for the nation to produce its first unicorn - a term used in the venture capital industry...
DALEX Finance, a formidable Ghanaian Finance Company is on a war path. For the past few weeks, the company led by its CEO, Mr. Kenneth Thompson and Director of Strategy, Mr. Joe Jackson has been venting their frustrations with what they call ‘the injustice of Ghana’s Financial Sector’ on...