Quick Credit & Investment Micro-Credit Limited, a non-deposit taking institution has honoured some deserving staff for their outstanding performance during the year under review. The award which is in the form of cash prizes is to commend the staff for their contribution to the success chalked by the company. It...
After three months’ victory over the wrestle with its major trading currency, the US dollar, the cedi finally lost its valour and entered into depreciating mode, as it has succumbed to the threat from the devastating impact of the coronavirus pandemic. The local currency was on top of its game...
Financial non-governmental organisation Rural Focus Africa Foundation (RUFA), in collaboration with its US-based partner Surrender 365, is championing the inclusion of marginalised groups - specifically cured lepers - in the country's financial inclusion agenda. Through its VSLA initiative, it has formed the Nyame Nti Savings Group comprising cured lepers and...
New data from the Bank of Ghana (BoG) have revealed that despite the pandemic generally slowing down momentum of the economy, coupled with the upcoming general election, businesses remain confident about economic prospects as indicators show activities have picked up months after COVID-19-related restrictions were eased. The Bank’s Composite Index...
The Pan-African Savings and Loans Company Limited has unveiled a women-focused financial services programme dubbed ‘MAMA’ to provide some selected resources that women need to succeed in business.  Also aimed at bridging the gap in financial inclusion by targetting unbanked women, small and medium-sized enterprise owners, smallholder farmers and the...
The Association of International Certified Professional Accountants® (the Association), representing AICPA® & CIMA®, advances the global accounting and finance profession through its work on behalf of 689,000 AICPA and CIMA members, students and engaged professionals in 196 countries and territories. Together, we are the worldwide leader on public and...
Just like every other sector, the country’s banking industry could not escape the devastating impact of the coronavirus pandemic, as new data from the regulator shows declining profit growth rate and escalation in operating expenses. The Banking Sector Report (May 2020) reveals that the industry’s profit-after-tax outturn was GH¢960.4 million...
Henry Onwuzurigbo, Chief Executive Officer-Zenith Bank Ghana, has reiterated the bank’s commitment to ensuring that its customers are constantly provided with the newest digital banking solutions for easy banking. He stated that the Zenith Mastercard Debit Card is one of the most robust payment cards in the Ghanaian and Global...
how BoG's new move would allow consumers to switch bank accounts What is the most effective solution to poor service, mis-selling, and the seeming lack of concern by banks toward the most pressing needs of their customers; those whose hard-earned savings constitute the chunk of their funds? Simple....
I just read the news in the Business & Financial Times of Monday, January 23, 2023 captioned “COCOBOD default further dampens investor confidence” whereby some banks have debited the accounts of their customers after crediting them with income accrued and realised from Cocoa Bills investments, that is, reversed the...