The Kumawuman Rural Bank PLC at Kumawu in the Sekyere Kumawu district of Ashanti Region has posted yet another satisfactory growth in almost all financial indicators for the 2021 year under review.
The bank recorded profit before tax of approximately GH¢1.8million in the year under review as against a little...
The Economic Community of West African States (ECOWAS) has adopted a new road map to launch its single currency in 2027.
Dr Jean-Claude Kassi Brou, President of the ECOWAS Commission, told a press conference that the new road map was agreed by the heads of state of ECOWAS at the...
Arnold Parker, CEO of Letshego Ghana, has stepped down from his role as he seeks to pursue external interests.
Recognising Arnold Parker’s long-standing contribution and commitment, Fergus Ferguson, Letshego’s Regional Chief Executive Officer for East & West Markets, commented: “Having led our Ghana business strategy and operations for eight years,...
For the first time in the history of the country, the budget is likely going to be read by someone other than the finance minister due to his inability to appear before the Appointments Committee of Parliament for health reasons: a situation former finance minister Seth Terkper says can...
Absa Bank Ghana, as part of its commitment and sponsorship to support the National Science & Maths Quiz (NSMQ), has in collaboration with Primetime Limited launched the ‘Story Problem Challenge’ to engage and reward admirers of the national competition.
The initiative is to stir up memories of simple but interesting...
In a recent ruling, the Human Rights Division of the Accra High Court dismissed an application filed by Dr. Papa Kwesi Nduom, GN Saving and Loans Company, and others, challenging the revocation of GN Savings and Loans' license by the Bank of Ghana (BoG).
The court, presided over by Justice...
The latest figures from the Bank of Ghana shows that banks’ base rates have dropped by 0.3 percent, bringing the year-to-date drop to 1.9 percent.
The monthly Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (AI) paid on deposits by banks show...
Ghana’s post-independence history has been characterised by long periods of military rule. In the late 1980s, after nearly one decade of quasi-military rule under the PNDC, strong internal and external pressures on government led to the promulgation of a liberal constitution in 1992, and the inauguration of a multiparty...
Absa Bank Ghana is embarking on a new chapter in its customer service approach, prioritising empathy and individual needs under the tagline ‘Your Story Matters.’
The move follows previous ‘chapters’, beginning with the evolution of the bank from Barclays to Absa; which was finalised in 2020, as it sought “to become...
Only a government-led intervention will bring down lending rates to levels needed to spur economic growth and transformation, Professor Godfred Bokpin - an economist and professor of finance at the University of Ghana Business School, has said; insisting that not everything must be left for the private sector to...