The Minister for Transport, Kweku Ofori Asiamah has urged the Ghana Maritime Authority (GMA), regulator of the maritime industry, to take all necessary steps to enforce the sulphur cap 2020 regulation set by International Maritime Organization (IMO) to ensure a sustainable shipping industry.
The Sulphur Cap 2020 is a regulation...
The Social Security and National Insurance Trust (SSNIT) has been adjudged the Outstanding Ghanaian-owned Corporate Organization of the year 2019 at the just ended 7th Made in Ghana Awards organised by Entrepreneurs Foundation Ghana.
SSNIT was found to have refocused the Trust’s business to position it as a “credible and...
G-Money, GCB Bank Ghana Limited’s mobile money service has launched ‘Nexus,’ an open Application Programming Interface (API) system to onboard third-party Financial Technology (FinTech) partners.
With the API, G-Money partners are now able to perform disbursements, collections and Bill Payments including the payment of school fees and utility bills. Additionally,...
Leading African challenger fintech into cross border payments extends Visa payment solutions and credentials to simplify cross border remittances
Zeepay, a fast-growing African fintech, has announced a partnership with Visa that will allow Africans in the diaspora to send money directly onto Visa debit and prepaid cards in Ghana.
Through...
In recognition of the challenges experienced by most businesses and the rapid reforms in the Ghanaian banking sector specifically, Dominic Adu, the CEO of First National Bank Ghana has shared some insights on how to positively adapt to the new changes to banking service delivery, relevant to the needs...
FBNBank Ghana Limited, a subsidiary of First Bank of Nigeria Limited, has inaugurated its ultramodern Ring Road Central branch, located at Nima Junction in Accra.
The opening of the new Ring road branch forms part of the bank’s strategy to reaffirm its commitment to Ghana as well as to demonstrate...
COCOBOD has signed a 1.3-billion-dollar syndicated loan with 28 banks to finance the purchase of cocoa beans for the 2020/2021 crop season.
The meeting which was organized via a video conferencing due to the COVID-19 pandemic saw 28 banks participate in this year’s syndication.
The loan has an interest rate of...
Prudential Bank, an indigenous bank has reiterated its commitment to supporting and motivating teachers to continue training and developing the country's future leaders.
The Bank’s Executive Head of Operations, Mr. Thomas Broni in his remarks at a ceremony held in Accra during which the Bank donated a vehicle to support...
Policy rate has no transmission effect on lending rate…... Na who cause am? The case of Ghana.
According to the Ghana Statistical Service, Ghana’s economy contracted by 3.2 percent in the second quarter for the first time in 37 years. However, growth has returned slowly as some of the covid-19...
Despite inflation trending downwards, the Monetary Policy Committee (MPC) of the Bank of Ghana, has for the third consecutive time, maintained the monetary policy rate at 14.5 percent, citing widening fiscal policy as the main concern.
Headline inflation, after peaking at 11.4 percent, has eased slightly above the upper band...