The Ghana Interbank Payment and Settlement System (GhIPSS) is targeting the commercial transport sector as one of the key pillars to drive patronage for GhQR. The subsidiary of Bank of Ghana hope to engage the various commercial transport service providers, to enable them to set up and offer GhQR...
…as Exchange promises review of set-up to attract more listings Pesewa ONE Plc, an incubator for businesses, has been admitted to the parallel market operated by the Accra bourse, the Ghana Alternative Market (GAX). The incubator was admitted in a listing by the introduction of five million (5,000,000) ordinary shares at...
UBA America, the United States’ subsidiary of Pan African financial institution, United Bank for Africa (UBA) Plc, has pledged its continuous commitment to facilitate trade and investment between North America and the African continent. Speaking on Thursday from the Bank’s office in New York, the Chief Executive Officer, UBA America,...
Last week, I created an awareness of the need for banks as corporate bodies as well as individual bankers to pay closer attention to the paradigm shift in banking and have a serious change of mindset, as a pre-requisite to moving on. This period of self-reflection is to identify...
As part of Fidelity Bank Ghana Limited’s appreciation for outstanding staff performance, the bank has gone a step further by rewarding six (6) security officers who protect the various branches of the Bank with a brand-new royal motorbike (125A model) each. The top awardees, who excelled in protecting customers and...
Finance Minister-designate, Ken Ofori-Atta, has said that government’s decision to bring back what has become a rather controversial transaction, the Agyapa Royalties deal, to parliament is its potential of bringing in revenue which will effectively reduce government’s borrowing. The country’s finances have been further messed up by the pandemic related...
Data from the Ghana Investment Promotion Center has revealed that over 70 percent of the locally generated funds invested in the economy went into the construction, building or real estate sector last year. According to the Foreign Direct Investment (FDI) data recorded from January to December 2020, out of GH¢1.43...
Finance Minister Designate, Ken Ofori Atta has refuted assertions that there was a conflict-of-interest situation in the Agyapa deal involving the role investment bank, Databank played as transaction advisors. Databank withdrew from the Agyapa deal in February 2021 explaining that the decision was due to attacks on the company by...
Central banks in some of sub-Saharan Africa’s biggest economies may be more concerned about the impact of a potential third wave of coronavirus infections and a slow rollout of vaccines than quickening inflation, leaving borrowing costs unchanged for now. Monetary policy committees in Ghana, Nigeria, South Africa, Kenya and Angola...
Guaranty Trust Bank (Ghana) Limited has introduced Card Protect, a real-time self-service and first of its kind in the Ghanaian financial services industry to provide the utmost protection for card transactions. Card Protect offers GTBank Mastercard (Business, Standard and World Debit and Credit cards) and Visa (Gold, International) card...