The Agricultural Development Bank Limited (ADB) is the lead bank for agricultural financing in the country. Set up for the purpose of developing the agricultural sector, ADB has over time used various avenues to channel financial resources into the sector to propel it to higher heights.
With about 83 network...
It has been reported by EOCO that there are certain companies emerging who seem to be practicing Ponzi scheme and that they are very difficult to clamp down due to their online business strategy.
The crypto currencies space is really getting exciting. MicroStrategy is a Virginia based company that has...
Excessive borrowing from government on the domestic front has denied the private sector opportunity to access the needed capital from banks for injecting into their businesses to expand or restructure in order to overcome challenges brought by the pandemic.
The Summary of Economic and Financial data (January 2021) published by...
The acting Commissioner-General of the Ghana Revenue Authority (GRA), Ammishaddai Owusu-Amoah, has indicated that among the GRA’s 2021 strategies to increase its revenue portfolio is an aggressive and vigorous taxation of e-commerce this year, as the regulation empowering the taxation is being streamlined and sensitisation is going on.
It is...
Congratulations to Dr. Ernest Addison on his reappointment by President Nana Addo Dankwa Akufo-Addo as Governor of the Bank of Ghana (BoG). By my overall evaluation, the BoG Governor deserves to be reappointed. Whew … He was bold and courageous enough to take responsibility for the Financial sector cleanup...
Absa Group is pleased to announce the appointment of Frances Adu–Mante as Board Chair of Absa Bank Ghana after securing the necessary regulatory approvals. Mrs. Adu-Mante, who has served on the board since September, 2017 succeeds Charles Alexander Cofie, who completed his tenure as Board Chairman on Thursday, 31...
For the fifth consecutive time, the Monetary Policy Committee (MPC) of the Bank of Ghana has maintained the policy rate at its current rate of 14.5 percent, following risks to inflation and fiscal deficit posed by the new wave of the pandemic.
After starting year 2020 well at a stable...
Financial Wellness with Richmond Kwame Frimpong
Put simply, a mutual fund is a pool of funds(money) collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. It usually employs a professional fund manager to manage the investment. The manager’s...
Second Deputy Governor of the Bank of Ghana (BoG), Elsie Addo Awadzi, has once again touted the scope and timing of the financial sector clean-up - stating that it has left the nation with more resilient financial institutions, without which the post-pandemic recovery would have proved nigh impossible.
While the...
African Export-Import Bank (Afreximbank), has been ranked as Africa’s #1 mandated lead arranger in sub-Saharan Africa, according to Bloomberg’s 2020 full-year “Capital Markets League Tables.”
This assessment of the Bank’s transactions recognizes the institution’s leadership role in mobilizing capital from both within and outside of the continent from a diverse...
