The Ghana Interbank Payment and Settlement System (GhIPSS) has commended organisers of Ghana’s premier pop-up market, christened Selewa Market, for creating a platform for shoppers to use electronic forms of payment at the fair.
The fair created over the past 3 years, has provided an avenue for businesses ,both SMEs...
The centrality of SMEs to the economic development of developing countries, especially, has been well established. In Africa, SMEs account for the vast majority of jobs and more of such businesses would be required to absorb the growing workforce and address unemployment on the continent.
This requires an enabling environment...
Banks that want to be successful in the electronic era should no longer see themselves as gatekeepers, but as gateways offering variety of products via multiple channels
Electronic Ecosystem Participation by Banks
As banks continuously strive to better serve us all in our quest to do things electronically, they...
“I do not seek aid for Africa. I seek investments in Africa –Akinwumi Adesina”, President of the African Development Bank
The President of the African Development Bank, Dr. Akinwumi Adesina has made a strong case for increased American and global investments to help unlock Africa’s Agriculture potential.
He made the remarks...
As part of its Corporate Social Responsibility agenda for the year, Ecobank Ghana, joined hands with its other subsidiary companies and numerous customers to donate blood to various blood banks across four centres in Ghana.
Dubbed “The Ecobank Blood is Life Exercise”, the event was held on Wednesday, 14th February,...
Computing from the Bank of Ghana data, the non-performing loans of the banking industry stood at about GHc6.16 billion in 2016 and GHc8.56 billion in 2017 representing a growth rate of about 39% in nominal terms. The non-performing loans ratio was 17.3% by the end of 2016 and it...
A workshop to support the implementation of the new World Bank Environmental and Social Framework (ESF) kicks off today Monday, 26 February - March 1, 2018 at Alisa Hotel, Accra.
The workshop, is expected to brings together government and non-governmental representatives from Ghana and Project Implementation Units from Ghana, Sierra...
The Commercial Division of the Accra High Court has ordered the International Finance Corporation (IFC) and the OPEC Fund to open their defence within nine days in the suit brought against them by Quantum Oil Terminals.
The court last Friday ruled that IFC and OPEC Fund could no longer commence...
With the economy tipped to become Africa’s fastest-growing, investor appetite is high for Ghana as one of Africa’s leading private equity firms, Advanced Finance & Investment Group LLC (AFIG Funds), has made a significant capital injection into First Atlantic Bank (FAB) to help it meet the GH¢400million minimum capital...
Vice President, Dr. Mahamudu Bawumia has reiterated government’s interest in further strengthening the development of electronic payment system infrastructure in Ghana as it has the potential to lessen the burden of tax and fees payments, especially by businesses and the general public.
He explained that making the process of payment...