The Ghana Stock Exchange (GSE) has maintained its strong performance, recording 30.75 percent growth in its overall composite Index as at November 13, 2023. GSE’s Managing Director, Abena Amoah who disclosed this, said this progress comes despite the prevailing challenging economic conditions. The 30.75 percent growth makes GSE the third-best...
…celebrates day with clients too Staff of Standard Chartered celebrated International Men’s Day by engaging 100 adolescent boys. The boys, aged between 12 and 17, are students of the Kanda Cluster of Schools and Islamic Basic School. The students were engaged by staff who volunteered their time in a speed...
The Bank of Ghana's success in SupTech (Supervisory Technology) has proved groundbreaking, shedding light on the multifaceted advantages and hurdles inherent in adopting technological solutions for financial oversight. The Second Deputy Governor, Bank of Ghana, Mrs. Elsie Addo Awadzi highlighted these insights in her keynote address during the inaugural 2023...
Republic Bank (Ghana) PLC has reinforced its commitment to healthcare by donating essential hospital equipment to the Osu Government Maternity Home at Osu in the Greater Accra Region. The items donated included a tent to provide shade during antenatal clinics, weighing scales for infants, state-of-the-art baby cots, screens, signboards, oximeters...
Absa is proud to announce its continued recognition as a Top Employer by the prestigious Top Employer Institute for the third consecutive year, across five markets - including Ghana, Zambia, Botswana, Kenya, and South Africa. This certification confirms the bank’s commitment to creating an aspirational workplace as well as...
By William Selassy ADJADOGO Nsano, a leading Ghanaian-born Fintech Company has quietly but decisively revolutionized payment systems across Africa. The company currently facilitates the termination of payments across more than fifteen African markets fostering financial inclusion and prosperity for millions of people in the process. Their impressive journey, which has been...
– Emerging support for optimal reserve ratio (gold reserve / foreign reserve) By Kofi ARKAAH In 2017, I called for the Bank of Ghana (“BoG”) to grow its Gold Reserve as a percentage of its Foreign Reserve from 7.7%, to 30% (+/- 3%) at that time, in tandem with its inflation...
By Richard NUNEKPEKU At the Ghana Fintech 23 Awards night, the organizers did something novel - organized a debate. It was a debate on the topic “balancing innovation and compliance in creating a digital economy”. The “innovation” team went up fiercely against the “compliance” (regulation) team and the audience...
Access Bank surpassed GH¢1billion in profit before tax (PBT) for the first time in the fiscal year ending 2023. This feat, the bank stated, underscores its dedication to excellence and its adeptness in navigating complex economic environments. The bank's financial performance for 2023 reflects growth across various metrics. During the year under...
By Bernard BEMPONG  A strategic approach to tax planning is fundamental for a business aiming at substantial returns on its investments. Tax planning involves controlling or minimizing tax liabilities while remaining compliant with the relevant legislation. It involves analyzing a business’s financial situation, income, expenses and other relevant factors to...