“Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss” - Lee LacoccaDear readers, the latest Bank of Ghana Fraud Report for 2019 sent shivers down my spine. “Not again”, I...
The Managing Director of ARB Apex Bank PLC, Mr. Alex Kwasi Awuah, has assured smallholder farmers of rural banks’ credit support in collaboration with other development partners for enhanced productivity.According to him, rural banks are in a better position to support agriculture, particularly smallholder farmers, because of where they...
Starting and running a business requires hard work and determination. Most entrepreneurs have to wear many hats, especially for the weeks and months shortly after they begin trading. And that pressure never really subsides, with attention needing to be given to almost every aspect of the business operations from...
Governor of the Bank of Ghana (BoG) Dr. Ernest Addison has charged banks, and by extension other financial services providers, to consolidate the regulator's efforts at strengthening the digital finance ecosystem by adopting a proactive posture toward improved security of their channels.This, he suggested, will accrue to the benefit...
The Managing Director of the Agricultural Development Bank PLC (ADB), Dr. John Kofi Mensah, has said the bank is ready to partner religious bodies to venture into Agriculture.According to Dr. Kofi Mensah, religious organisations should take advantage of government intervention programmes like Planting for Food and Jobs, Planting for...
The Executive Director of eTranzact Ghana, George Babafemi, has urged the teeming youth with a budding interest in cryptocurrency to exercise patience for the Central Bank Digital Currency (CBDC) expected to be issued by the Bank of Ghana (BoG) to be rolled out first to set the tune and...
projects modest reprieve for cedi in Q2Interbank liquidity - funds banks can lend among themselves - could fall by as much as GH¢5billion in the second quarter of the year following the 4 percentage points hike in the capital reserve ratio (CRR), a recently-released report by asset-management company...
The management of Zeepay has issued a disclaimer regarding the activities of certain investment schemes claiming to be associated with the company.In the disclaimer, Zeepay said: “It has come to our notice that investment schemes claiming to be affiliated with Zeepay are being advertised on WhatsApp and other social...
The Electronic Transaction Levy or E-levy apprehensions are starting to manifest, with banking halls and Automated Teller Machines (ATMs) seeing increasing activities in terms of withdrawals of cash for transactions.A cursory survey by the Business and Financial Times (B&FT) of some bank branches and ATMs in some parts of...
Zenith Bank (Ghana) Limited has announced the appointment of Henry Chinedu Onwuzurigbo as the new Managing Director/Chief Executive Officer of the Bank. He takes over from Anthony Akindele Ogunranti who has been elevated to the position of Executive Director in Zenith Bank Plc.Mr. Onwuzurigbo, until his appointment, was the...