The Bank of Ghana (BoG) has announced a centralised foreign exchange trading platform, which requires that all persons seeking to buy or sell foreign currencies provide a Ghana Card or passport for foreign nationals and undergo biometric verification. It is to ensure safe and sound operations of the foreign exchange...
Izwe Savings and Loans Plc, a specialised deposit taking institution licensed by the Bank of Ghana, has introduced Mobisave, a new savings product accessible via their USSD platform (*272#). This innovative service allows both new and existing customers to save money conveniently through their mobile phones. Features of Mobisave; Digital Savings...
The government is set to pay West Blue Ghana GH¢95 million for the settlement of arrears owed to the IT Consulting firm for work done under the National Single Window and Integrated Risk Management System contract executed in August 2015. The payment is not for unlawful termination of the contract...
…expresses optimism for 2024 Cal Asset Management Company has reported significant growth and expressed optimism in it’s outlook for 2024, for both Cal Benefit Fixed Income Unit Trust and Cal Advantage Balanced Unit Trust. During the company's 2023 Annual General Meeting, CEO James Elijah Donkoh highlighted the impressive performance of their...
Ghana Link Network Services Limited, a leading trade facilitation company, made a strong showing at the 4th National Governance & Business Leadership Awards, with key executives receiving individual honors alongside the company's recognition as Transformational Business of the Year. Mr. Clyde Panyin Adjei Danso, Deputy Managing Director of Ghana Link,...
By Fuaad Dodoo A single unverified, inaccurate or misguided statement or report by a journalist can throw a country’s financial sector into chaos. Believe it or not, journalists, through their reportage can make and unmake a country’s financial industry. This was my key takeaway from the Workshop on Business Journalism organised...
…launches 40th anniversary By Juliet Aguiar DUGBARTEY, Apowa Ahantaman Rural Bank PLC, one of the fastest-growing rural banks in the country, continues to record reasonably healthy performance and has achieved significant growth over the past few years. Year on year performance indicates significant growth in key performance areas such as Deposits, Investments,...
Award-winning software provider, EMTECH has announced a new software product called Beyond Compliance, to help Financial Service Providers (FSPs) automate and manage regulatory compliance in one place. Regulatory Compliance is an imperative for FSPs as the fines for non-compliance can run into the billions of dollars. Beyond Compliance  helps users...
Block’s TBD has launched the  TBD Hackathon in collaboration with the Africa Bitcoin Conference. The hackathon is an exciting competition designed to drive innovation, creativity and technological advancement of payments in Africa using the tbDEX open-source protocol. The submission period for this hackathon will open on 31 July 2024 and close...
Republic Bank (Ghana) PLC has once again demonstrated its commitment to quality education by making a donation of a state-of-the-art Smart Board to the University of Education, Winneba (UEW). The donation of the Smart Board follows a call from the university seeking assistance with its digital lab. Some of the...