The Agricultural Development Bank’s (ADB) loan facility of GH¢23.2million presented to six players in the poultry value chain is geared towards the revival of the ailing poultry industry in the country. Poultry farmers have long faced crippling competition from their counterparts in developed countries as the country imports around US$200...
Absa Group, one of Africa’s largest financial services providers, is celebrating substantial completion of its separation programme from Barclays PLC, three years after the start. The separation, one of the largest and most complex corporate programmes of its kind, followed Barclays PLC’s 2016 decision to reduce its shareholding in the...
Stanbic Bank has donated COVID-19 items to three health care institutions to help in their fight against the pandemic. The institutions are Ghana Health Service (GHS), Cardiothoracic Unit of Korle Bu Teaching Hospital and the 37 Military Hospital. The GHS got 5,568 units of Polymerase Chain Reaction (PCR) test kits,...
The Managing Director of Agricultural Development Bank (ADB), Dr. John Kofi Mensah, has said he believes with the bank’s commitment Ghana will become self-sufficient in poultry production by 2022. Speaking at a poultry value chain stakeholders’ meeting, where a loan facility of GH¢23.2million was presented to six players in the...
GH¢5bn in total circulation, up from GH¢20.5bn in 2018 GH¢276m, GH¢149m worth of GH¢200 and GH¢100 notes in circulation GH¢50 note is highest in system at GH¢9bn A total of GH¢306 million has been spent by the Central Bank to print money in 2019 including the new notes of...
“When the digital transformation is done right, it`s like a caterpillar turning into a butterfly, but when done wrong, all you have really is a fast caterpillar.” ----George Westerman, Principal Research Scientist with MIT Sloan Initiative on the Digital Economy. The novel coronavirus pandemic takes every sphere of human activity...
The number of nations that committed to the Maya Declaration and the G-20 Financial Inclusion Action Plan, as well as strategies and targets set by individual governments, attest to the renewed interest in promoting financial inclusion in recent years. The Centre for Financial Inclusion at Accion (CFI) defines full financial...
Financial institutions have been urged to employ smart fiscal strategies in their activities as this is expected to assist them to remain profitable especially in this critical time of the COVID-19 pandemic. This call was made by the Regional Chief Executive Officer (RCEO) for West Africa of the United Bank...
Changes made to loan agreements without notice Borrowers not provided pre-agreement contracts Exposing customer details to third parties Unfriendly environment for the physically challenged The Bank of Ghana has released a report that reveals some banks are engaging in serious unprofessional conducts that violate the regulator’s guidelines on customer...
As a Finance and Investment enthusiast, I have delivered several presentations and talks to organisations, religious bodies, colleges, and individuals on various Investment options and instruments available on the market. Most often, the impression I have gotten on a few occasions is that, there is a bit of knowledge...