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...
Becoming a dollar millionaire in your golden years is possible, if you’re a savvy saver Do you feel well prepared for your retirement? We tend to underestimate the power of planning for our financial future, but it’s never too early to start. As an example, if you start saving USD2,000 a year...
GHL Bank has held an intensive two-day summit of all its Real Estate Clubs to train students across the various tertiary institutions in the country on the fundamentals of wealth management within the real estate sector. The Real Estate Club was established in line with the bank’s commitment to nurture...
The Commercial Division of the Accra High Court will today rule on an application filed by Quantum Oil Terminals that seeks to prevent the International Finance Corporation and the OPEC Fund from commencing other proceedings on the matter already before the court in another jurisdiction. The court had earlier ruled...
The Bank of Ghana has blocked plans by the Ghana Interbank Payment and Settlement Systems (GhIPSS) to offload part of its shares to commercial banks in the country, a source close to the botched deal has told the B&FT. GhIPSS, a wholly-owned subsidiary of the central bank, has often spoken...
The decline in headline inflation for January to 10.3 percent is likely to push the central bank to continue its reduction in the monetary policy rate, Barclays Africa has said. According to a release by the research arm of the bank, “the deceleration in inflation will have been positively received...
Fintech is boosting financial inclusion across Africa, according to Ecobank ,the leading independent pan-African banking group, a pioneer in Africa’s digital transformation and the main sponsor of the 2018 Africa Tech summit taking place today. Although over 80% of Africans have mobile phones, only around one quarter (28%) of them...