When I did my highlights on the 2023 tax Acts, I was struck by the provision of section one of the Income Tax (Amendment) Act, 2023 (Act 1094) which I believe requires further attention. This article is to analyse the possible reasons for the introduction of a minimum chargeable...
The country is on the brink of entering a period characterised by market stability and diminished uncertainties, following the International Monetary Fund’s (IMF) approval of the US$3 billlion deal.
The expected disbursement of around US$600million through the IMF programme, along with other anticipated concessional inflows, is anticipated to significantly bolster...
The Agricultural Development Bank's agricultural sector loan portfolio has hit over GH¢1billion, says its Managing Director, Alhaji Alhassan Yakubu-Tali.
The amount excludes non-funded facilities such as letters of credit and guarantees granted for the purchase of agricultural inputs, machinery, equipment and raw materials.
The huge amount of investment over the past...
members commit to drive increased intra-African trade through digitalisation
Ghana’s largest privately-owned bank, Fidelity Bank Ghana has partnered with the Lafferty Group to host the first 2023 meeting for the Retail Banking Council Africa. The prestigious members-only Council which saw numerous presentations and panel discussions on the theme, ‘Driving...
United Bank for Africa, Ghana has been named the ‘Best CSR Bank Ghana 2023’ by the Global Business Magazine Awards. The list of winners was released and published on their website.
The award is designed annually to honour and reward excellence in companies across different sectors and highlight extraordinary performances...
Expose need for consumer protection and responsible online practices
Unauthorised money transfer, evasion of charges prompt investigation by BoG, card-issuers
Recent developments have shed light on card fraud schemes which have left some customers reeling from unauthorised money transfers and the subsequent avoidance of necessary charges.
The issue has raised...
Head of Business Enablement at Stanbic Bank Ghana, Marian Amartey, has shared that as technology continues to change our way of life, it has become necessary for banks to work hand in hand with Fintechs for them to thrive in the digital age.
Speaking at ‘The Money Summit’ on a...
Fido, a leading fintech company in Africa that empowers individuals and entrepreneurs to capture opportunities, successfully hosted its maiden financial literacy programme dubbed Fido Money Matters. The event was held both physically and online, offering content on savings, investments, taxes, net worth, financial independence/retirement, budgeting, debt managementand cash flow.
Fido...
GCB Bank has met with its key corporate clients as part of its normal customer-interaction activities dubbed ‘CEO’s Breakfast Meeting’, and has taken the opportunity to engage them on how to navigate through the current challenging times in a session themed ‘Thriving in Uncertainty through Partnership and Collaboration’.
Moderated by...
United Bank for Africa (Ghana) LTD wishes to inform the general public that in line with the provisions of the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930), accounts held at the Bank that have not been operated within the last two (2) years are classified as dormant...