Even though the coronavirus impact has ruined many gains of the economy, leading to a contraction in the second quarter, one thing that has been able to ride through the storm is the local currency – cedi, as its rate of depreciation has been slower than what was experienced...
With macroeconomic indicators - particularly inflation and fiscal deficit - showing signs of stability in the past 12 months, the banking sector could be in for a good time this year, corporate governance expert and lecturer at the Ghana Banking College, Dr. Richmond Atuahene, has said.
“The way government is...
… Republic Bank Ghana partners 5 pension trustees
With a 20-year payment term and mortgages backed by Tier 2 and Tier 3 pensions, Republic Bank Ghana has introduced a pension-backed mortgage programme for employees whose pension funds are held by partnered Trustees.
The partnership, with five Pension Trustees - namely Republic...
In response to an urgent request for technological support for its students, Absa Bank has donated 50 computers to the Tamale Technical University.
The Vice Chancellor of the university reached out to Absa Bank, following evidence that students in the school were still using typewriters for their schoolwork and assignments....
Sanitation is a development concern in Ghana, and there have been several efforts by governments and development partners to help address sanitation challenges. The solution has been varied, with government and donors using several strategies to improve access to toilets for poor and low-income communities.
UNICEF, as part of its...
In the ever-evolving landscape of the financial sector and agricultural advancements, the Agricultural Development Bank (ADB) PLC has embarked on a journey to redefine banking and agribusiness financing.
Under the guidance of the current Managing Director, Alhaji Alhassan Yakubu-Tali and his management team, ADB’s newly adopted Strategic Plan in 2023...
A new report dubbed ‘Equipment Leasing in Africa’ has urged Small and Medium-Scale Enterprises (SMEs) to leverage the opportunity offered by leasing, as it is becoming increasingly difficult for them to access finance through the banking sector.
The report, which was jointly launched by Africa Lease and the International Finance...
It has been over a decade since the idea of having a common currency for the countries in the Economic Community of West African States (ECOWAS) was first proposed. The idea was that such a currency would have the following advantages: the benefits of economies of scale, free movement...
The Effiduasi Business Center, of ASA Savings Loans Limited, has donated food items to the Westphalian Children's Home at Oyokov- Effiduasi, in the Sekyere East District of the Ashanti region.
The Area Manager of ASA, Obeng Alexander, observed that caring for the needy people in the society should be a...
As we all know, the world, at the end of 2019, woke up to a new pandemic, Coronavirus, i.e. COVID-19,which has since spread and affected over 200 countries and territories, as at March 2020.
Our country Ghana was hopeful that the spread of the virus will not affect Ghana and...