Welcome to another week of financial learning. I believe we are all well and staying safe under these "abnormal" COVID-19 times!
The Report by Thomas-Moore Adingo in the B&FT on Monday, October 26, 2020, captioned, "Over 60% of CAPBuSS applicants have no bank accounts inspired today's article.
The revelations in the...
Today, the Financial Services Industry has undergone enormous changes with more and more banks focused on developing mobile platforms which aims at providing services online conveniently. This greatly expands the interaction between financial institutions and customers, and also creates a more unique business and service model.
Although almost all the...
Chief Executive Officer (CEO) of the Association of Ghana Industries (AGI), Seth Twum-Akwaboah, has said the operationalisation of the African Continental Free Trade Agreement (AfCFTA), slated for January 2021, cannot be put on hold for everything to be ready.
With barely two months for the continental agreement, with a potential...
Environmentally friendly refrigerators and air conditioners will soon be widely accessible in Ghana through Green On-wage financing implemented by the ECOWAS Refrigerators and Air Conditioners Initiative in collaboration with Letshego and other banks.
The ECOWAS Refrigerators and Air Conditioners Initiative (ECOFRIDGES) is a joint programme by the United Nations Environment...
KPMG in Ghana has launched an insightful report on customer experience in the banking industry dubbed, ‘Heightened Customer Expectations in the new reality and beyond’ via a Webinar hosted from Accra on 27 October 2020.
The report brings out insights that can help to achieve the right customer experience,...
The Agricultural Development Bank (ADB) has earned the International Organisation for Standardisation (ISO) 27001; 2013 Certification following a rigirous process by PECB Group based in Canada.
The Managing Director of the Bank, Dr. John Kofi Mensah disclosed that the certification process started last year and succesfully completed the certification process...
Second Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi, has tasked media practitioners to be responsible, well-informed, dispassionate and objective in their reportage - particularly on the financial sector, due its sensitive and key role in the nation’s sustenance.
According to her, the media has a fiduciary responsibility...
…employee compensation, wages & salaries exceed revenues
Genuine concerns have been raised by stakeholders about the country’s debt situation, with some even fearing it will eventually lead to a situation where it will no longer be sustainable. As legitimate these worries are though, the truth be told, the data shows...
The Director General of Social Security and National Insurance Trust (SSNIT), Dr. John Ofori-Tenkorang, has advised employees to negotiate with their employers to pay SSNIT contributions on their total earnings.
According to him, this has become necessary as many employees do not factor allowances into their determination of pension. He...
The Microfinance and Small Loans Centre (MASLOC) says it loan recovery efforts have been significantly impaired by the COVID-19 pandemic, to around 40 percent despite doing about 90 percent before.
Chief Executive of MASLOC, Stephen Amoah, said businesses have been reeling as a resulting of the COVID-19 global outbreak -...