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,...
In the first part of this article, we broached the issue of cybercrimes taking on new and complex dimensions in the current state of digital banking. We also discussed security design, which balances usability and security, as part of the cybercrime mitigation controls. In this second part, I will...
The award-winning Group Chief Executive Officer of Hollard Ghana, Mrs. Patience Akyianu has said that the greatest barrier to women leadership is the mind as she challenged women to rise above demotivating perceptions such as gender stereotypes.
“Women have so much to bring to the table. Our greatest barrier to...
African Export-Import Bank (Afreximbank), the Pan-African multilateral EXIM Bank, announces the signing of a 7-year US$350 Million Term Loan Facility to provide financing to OCP Group, the world’s largest phosphate mining and leading fertilizer company which will support OCP Group’s expansion plans across Africa.
Prof. Benedict Oramah, President of Afreximbank, observed...
By: Kwadwo Acheampong
Many of us think of the Ghana Stock Exchange (GSE) as just that: a stock exchange, a market for shares only. However, aside shares, fixed income securities like corporate bonds and Government of Ghana Treasury securities are also traded on the exchange. In fact, the volume of...
First National Bank has retained its position as Africa’s Most Valuable Bank Brand for the second year in a row in the 2021 Brand Finance Global 500 Banking report.
With brand value of US$1.3 billion, First National Bank is the top performing South African brand among top 200 most valuable...
Ghana local currency bonds (GHGBs) have had a spectacular start to the year, compressing by 125bp, outperforming North and East African peers such as Egypt and Kenya whose bonds have ticked up by c. 20bp.
“Offshore appetite for local currency debt in addition to consistent BOG interventions via the spot...
…economist say it:
Must not introduce new taxes
Grow the private sector
Outline debt management strategies
It is budget day again, and citizens, investors from around the world and other stakeholders are itching to hear the country’s economic policies for the rest of the year and how it will affect...
The legal rules or ownership policy must establish checks and balances in the way the government exercises its ownership role, generally by sharing the responsibility between different departments. In this process, care should be taken to avoid a regulatory ‘overburden’ (Reddy, 2006): if state owned institutions are overseen by...
Fidelity Bank Ghana has launched the Fidelity Young Entrepreneurs Fund (FYEF) to support existing businesses and startups of young entrepreneurs with financial and non-financial resources to harness social impact potential, build capacity and guide youth-related businesses to grow and scale-up their businesses.
The Fidelity Young Entrepreneurs Fund is a project...