By Grace QUAYE
The power of compounding is not just about money; it applies to every aspect of life. Small consistent efforts can lead to remarkable results over time. ---Jeremiah Say
Compound interest is often referred to as the "eighth wonder of the world" for its remarkable ability to turn small,...
By Elizabeth PUNSU, Kumasi
Anidaso Mutual Fund has held its 19th Annual General Meeting (AGM) of shareholders in Kumasi, recording a strong performance in the 2023 year under review.
General Manager of the Fund, Edward Asamoah, presented financial results for 2023 and shared insights on the Fund's future.
The meeting highlighted the...
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei Njoku
Yields on the Treasury market have continued an upward trajectory as government faces increasing challenges in raising its auction targets.
The latest auction saw yields on the 91-day bill increase by 9 basis points (bps) to 25.01 percent, while the 182-day and...
A News Desk Report
Bayport Savings and Loans PLC has seen its pre-tax profit increase by 33.8 percent to GH¢21.96million for the six months ended June 30, 2024, according to its unaudited financial statements. This figure represents 66.73 percent of GH¢32.9million made by the company last year.
Consequently, the financial institution...
By Kafui BIMPE
Small and Medium-sized Enterprises (SMEs) are often referred to as the backbone of any economy, and Ghana is no exception. These enterprises play a pivotal role in driving economic growth, fostering innovation, and creating jobs. On the other hand, banks are vital financial intermediaries that provide the...
The economy’s performance in second-quarter of this year, especially, has led to discussions about a potential interest rate cut by the Bank of Ghana (BoG).
Data from the Ghana Statistical Service (GSS) indicate that the economy expanded by 5.8 percent in first half-2024, exceeding the year’s initial 1.5 percent growth...
When we talk about #FundingTheFuture, it is easy to think of big-picture concepts like economic policies or corporate strategies. But at its heart, funding the future is about empowering individuals to take control of their financial lives.
It is about giving people the tools, knowledge, and opportunities they need to...
By Buertey Francis BORYOR
In celebration of its 19th anniversary, Zenith Bank – a leading financial institution in the country – has held a health walk to encourage healthy living among its employees and clients.
The event, dubbed ‘19 years of financial innovation and excellence’, brought together board members, management, staff,...
The annual publication of the Bank of Ghana Fraud Report brings out sad reminders. Any time I read this report, my heartbeat misses a bit. Of course, it is usually followed by trolling of staff in these institutions for the next one month and more across all communication networks.
Background
The...
Absa Bank Ghana LTD has partnered with the Ghana National Chamber of Commerce and Industries (GNCCI) in a Business Clinic aimed at empowering small and medium-sized enterprises (SMEs).
The event, themed ‘Ignite the Potential of SMEs: Unleashing the Full Capabilities of Entrepreneurs’, focused on providing the SMEs with practical strategies...