By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU
Finance minister nominee Cassiel Ato Forson has stated that government is targetting a significant boost in tax revenue, aiming to increase its contribution to Gross Domestic Product (GDP) from the current 13.8 percent to 18 percent in the medium-term.
This was...
By Juliet ETEFE ([email protected])
Ghana has officially begun implementing the Global Internal Audit Standards (GIAS).
GIAS aim to enhance public financial management (PFM), accountability and governance. The new standards for internal audit practice were released globally on January 9, 2024 and Ghana adopted them on February 22, 2024, making it...
By Juliet ETEFE ([email protected])
The Managing Director of Ecobank Ghana, Abena Osei-Poku, has led her team to meet with representatives of Kantamanto Market traders affected by the recent fire outbreak.
The meeting was aimed at empathising with the victims, understanding their needs and offering financial support to help them recover.
Interacting with...
By Constance Kwame GBEDZO
It has become imperative to have a more vibrant SME banking regime to anchor Ghana’s developmental agenda, as assisting the growth of SMEs will benefit national economy as well.
Many SMEs in Ghana often rely on informal sources of capital, such as borrowing from relatives, to meet...
Republic Bank (Ghana) PLC and the Liberian Bank for Development and Investment (LBDI) have signed a Technical Services Agreement to strengthen the financial ecosystem of LBDI.
The signing ceremony, held at the Republic Bank Head Office, Ebankese, in Accra, marked a significant milestone in regional financial collaboration and was witnessed...
In what industry observers are calling a watershed moment for Ghana's banking sector, Zenith Bank Ghana has secured the coveted ‘Bank of the Year Ghana, 2024’ award at the prestigious Banker Magazine Awards in London, marking a significant milestone for the country’s financial services industry.
The Banker's ‘Bank of the...
By Gerald Nana KUSI
The term “interest rate derivatives” often elicits uncertainty, even among seasoned corporate finance teams. Similar to other risk management instruments, many perceive these tools as complex.
However, because interest rates remain volatile, impacting borrowing costs, businesses managing variable-rate loans or planning major capital expenditures must now prioritise...
In a vibrant celebration of the festive season, Stanbic Bank Ghana transformed key landmarks in Accra and Kumasi with dazzling lights and decorations.
The Kotoka International Airport and Danquah Circle Roundabouts in Accra, along with the Prempeh I Airport Roundabout in Kumasi, became radiant symbols of joy and unity, captivating...
Stanbic Bank Ghana has been named the Overall Best Bank in Ghana at the 17th edition of the prestigious EMEA Finance African Banking Awards 2024. The bank was also adjudged the Best Investment Bank for the 4th year in a row and the Best Debt House for the 5th...
The Board of Directors of the Agricultural Development Bank (ADB) Plc has explained that the renewal of a US$750,000 contract this month is not exceptional but a normal process, necessary for the continuous provision of critical and essential services to the bank.
The board said in a statement that the...