The President of the Ghana Football Association (GFA), Kurt E.S. Okraku, has paid a courtesy call on the Chief Executive of First National Bank Ghana, Dominic Adu. The visit was to seek support from First National Bank in the development of Ghana’s football, foster a mutually beneficial relationship between the...
The Securities and Exchange Commission (SEC) has launched an engagement series dubbed ‘Time with the Commission’ to drive closer partnerships with the investing public and other market operators in the capital market. The initiative forms part of the Commission’s mandate for regulating, innovating and promoting the growth and development of...
In its quest to surmount negative effects of the COVID-19 pandemic and continue to serve customers better, Otuasekan Rural Bank Limited at Kofiase in the Sekyere West district of  Ashanti Region has introduced mobile banking services whereby customers can transfer money from their bank accounts onto their mobile phones...
Zeepay (myzeepay.com), a fast-growing fintech into Mobile Financial Services across Africa, has announced its partnership with Transfast - a Mastercard company and leading cross-border payments service provider. This partnership will enable consumers around the world to send money directly to more than 20 million mobile money wallets in Ghana, with...
… as risk mitigation measures improve Commercial banks are ready to pump more funds into the agriculture sector if additional measures are introduced to de-risk the sector, the Head of Agribusiness at Absa Bank, William Nettey, has said. According to him, the nature of banking makes every institution hesitant to...
The Securities and Exchange Commission (SEC) has cautioned investors and persons whose funds have been locked up in collapsed Fund Management Companies to desist from engaging the activities of an entity known as PBAY Limited. According to the commission, its attention has been drawn to the activities of PBAY Limited,...
MTN is set to issue an additional 12.5% of its investment as shares on the Ghana Stock Exchange (GSE), a move which is set to double its shareholding from the current 12.5% to 25%. Recall that in September 2018, Scancom Plc., operators of MTN in Ghana, completed its Initial Public...
Female staff of rural and community banks across the country have been equipped with  managerial and leadership capacity development skills. The training programme’s primary objective is supporting women in the industry to take up managerial and leadership roles, and also advocate for leaders of institutions to involve women in decision-making. This,...
The World Bank  last week approved US$250 million from the International Development Association (IDA) to support the establishment of the Development Bank of Ghana (DBG) to increase access to long term finance and boost job creation for 10,000 enterprises in key sectors including agribusinesses, manufacturing and high value services. “By...
CalBank Plc, despite operating in a challenging economic environment, has declared a Profit after Tax (PAT) of GH¢140.8 million in its 2020 third quarter results, up from the GH¢135.4 million recorded during the comparable period in 2019, representing an increase of 4%. This was contained in a statement forwarded to...