Standard Chartered Bank Ghana PLC has awarded GHȼ936,000 in grants to six (6) outstanding women-led businesses that emerged winners of the Standard Chartered Women in Tech Incubator programme, Cohort 4. The awards follow an intensive six-month incubation programme involving 20 female entrepreneurs that culminated in a rigorous pitch session, where...
The Ministry of Finance has refuted recent reports suggesting that the government is engaging in debt restructuring negotiations with private banks and local contractors. According to the Ministry, such claims are unfounded, as no debt restructuring with local contractors has been contemplated or initiated, either during or after the domestic...
By Ernest Bako WUBONTO Access Bank (Ghana) Plc, in partnership with the International Finance Corporation (IFC), has created a US$10million credit facility to support small and medium-scale enterprises (SMEs) in business sustainability, economic growth and job creation. Under the partnership, IFC - a member of the World Bank Group - will...
By Elizabeth PUNSU, Sefwi Asawinso The Asawinso Rural Bank PLC in the Sefwi Wiawso Municipality in the Western North Region has held its 38th Annual General Meeting of shareholders and posted growth in almost all financial indicators for the 2023 year under review. The bank recorded a profit before tax of...
 By Dela Herman AGBO CAL Bank PLC, a prominent player on the Ghana Stock Exchange (GSE), has faced a challenging 2024. The bank's stock, which started the year at GHS 0.48, has seen a significant decline, dropping to GHS 0.31 as of August 28, 2024. This represents a Year-to-Date (YTD) performance...
By Isaac BOADI (Prof.) On August 13, 2024, my attention was drawn to a publication in Graphic online, titled “Govt faces funding challenge — Treasury bill auctions underperform”. The basis for this claim was that the government is having trouble raising money on the domestic market after failing to meet its...
Access Bank Ghana has announced that it has officially received accreditation as a Cyber Security Establishment from the Cyber Security Authority of Ghana. This certification authorizes Access Bank to offer Managed Cyber Security and Digital Forensic Services. Mr. Olumide Olatunji, Managing Director of Access Bank Ghana, remarked that the accreditation reflects...
By Bernard Yaw ASHIADEY & Ebenezer Chike Adjei NJOKU The African Export-Import Bank (Afreximbank) is intensifying its efforts to boost African trade, which has remained stubbornly below 3 percent of global commerce. Mr. Jean Arsène Yerima, Regional Chief Operating Officer, Francophone West Africa, Afreximbank – in a speech on behalf...
By Seth KRAMPAH, Barekese Nwabiagya Rural Bank PLC at Barekese at the Atwima Nwabiagya District in the Ashanti Region has held its 36th Annual General Meeting of shareholders and posted a remarkable growth in all financial indicators for the 2023 year under review. The bank recorded a significant profit before tax...
The annual Stanbic-Asantehene Invitational Golf Tournament concluded successfully at the Kumasi Royal Golf Course. The event, held under the patronage of His Royal Majesty Otumfuo Osei Tutu II, featured a competitive field of professional golfers from across Ghana. This year’s tournament is particularly special as it coincides with the 25th anniversary...