Remittances over the last five years have shown a strong resilience and have become a key source of unsolicited foreign direct investment into Africa. On the International Day of Family Remittances, Zeepay is organising a thought leadership series dubbed Disrupt 270 with the theme “Bridging the last frontier –...
The Asantehene, Otumfuo Tutu II has urged the New Development Bank to collaborate with the Agriculture Development Bank Plc (ADB) for a successful implementation of its development agenda particularly in the area agriculture. The collaboration, according to Otumfuo, will enhance agribusiness financing which is the core mandate of ADB as...
The current direction of headline inflation and the monetary policy rate is impacting yields across the issuance spectrum, as interest rates on government bills have seen a slight decline, with investors expect a further fall. According to data market updates published by the Bank of Ghana, since May 31, 2021,...
Sunu Assurances has launched a new distribution channel called EZISURE - a mobile platform that voices the need to imbibe a culture of insuring property. Speaking at the outdooring, Adeyemi Adetuwo-Managing Director, pointed out that Sunu Group’s vision is to be a leader in innovation for the insurance sector, by...
Ecobank Transnational Incorporated (ETI), the Lomé based parent company of the Ecobank Group, has announced that it has successfully raised US$350 million Tier 2 Sustainability Notes. This represents the first ever Tier 2 Sustainability Notes by a financial institution in Sub-Saharan Africa. This Tier 2 issuance is the first to...
The Atonsu MA Cluster of Schools in Kumasi is the latest beneficiary of Guaranty Trust Bank (Ghana) Limited’s Information and Communication Technology (ICT) drive which seeks to fully refurbish and stock computer laboratories in basic schools across the country. This is as part of the technology savvy Bank’s Corporate Social...
Asset Under Management up 122%
as benchmark outperformed with refuge sought in fixed income Indigenous mutual fund, CM Fund, made a return of 14.97%, as its price closed the full year 2020 at GH¢1.3670 from GH¢1.1890, at the corresponding period of 2019. Consequently, the Fund outperformed its benchmark; the...
FBNBank Ghana Limited, a subsidiary of First Bank of Nigeria Limited, has announced the appointment of Ms. Rosie Ebe-Arthur to its Board of Directors as a Non-Executive Director following Bank of Ghana approval. Ms. Rosie Ebe-Arthur, a Fellow of the Chartered Institute of Personnel and Development (UK), joins the FBNBank...
Board Chairman of ARB Apex Bank Limited, Dr Toni Aubynn who is also the Board Chairman of Amenfiman Rural Bank, has urged the government to consider a collaboration between the new Development Bank and rural and community banks for its successful implementation of core mandate. Dr Aubynn is of the...
A lawsuit filed against Gold Coast Fund Management Ltd. (now Blackshield Capital Management) has taken an unusual twist as the plaintiff, who is a former client of the asset management firm, has subscribed to the government bailout package while the matter is still in court. Documents the B&FT has acquired...