Standard Chartered Bank Ghana PLC has commemorated International Women’s Day 2023 with a mentoring activity where 50 female employees of the bank volunteered their skills to engage 100 adolescent school - girls at their head office. The girls were engaged in a speed mentoring to empower them to embrace...
In the blockchain industry, gender disparity continues to be apparent - whereby women's involvement and representation is noticeably lower compared to men. Although the exact numbers vary depending on the source and specific industry area being analysed, studies consistently show that women are generally underrepresented in blockchain and cryptocurrency. The...
Swift today announced further progress on its experimental solution for interlinking Central Bank Digital Currencies (CBDCs), reporting that 18 central and commercial banks found “clear potential and value” in the API-based CBDC connector after a comprehensive review. The cooperative published the findings of the 12-week period of collaborative sandbox testing, in...
The African Development Bank and the Coalition for Dialogue on Africa (CoDA) have officially launched a three-year support project to improve regional coherent and coordinated response to illicit financial flows. The project will help African stakeholders actively engaged in stemming such flows to improve domestic revenue mobilisation in African...
GCB Bank Plc has successfully completed the first Pan-African Payment and Settlement System (PAPSS) client transaction in Ghana. The transaction involved a Ghanaian incorporated entity initiating a supplier payment from GCB  in Ghana cedis to a beneficiary in Nigeria - who received the payment in naira instantly. This innovation revolutionalises the...
Standard Chartered Bank Ghana PLC has appointed Ebenezer Twum Asante as Chairman of the Board of Directors with effect from March 1, 2023. He succeeds Dr. Emmanuel Oteng Kumah who retired from the Board in October 2022. His appointment has received approval from the Bank of Ghana. Ebenezer joined the...
Financial Institutions play a critical role in promoting economic growth by acting as intermediaries between those with excess money (surplus units) and those in need of money (deficit units). To achieve this, Financial Institutions accept deposits from surplus units and lend them out to deficit units in the form...
“The world suffers a lot not because of the violence of bad people but because of the silence of good people” …..Napoleon Bonaparte. What is Whistle blowing? According to Wikipedia, “A whistleblower is a person who exposes any kind of information or activity that is deemed illegal, unethical, or not correct within an organization that is...
Yellow Card, a cryptocurrency exchange platform, is making inroads in Ghana; offering Ghanaians an opportunity to embrace digital currencies and benefit from their financial advantages. The company’s mission, according to Peter Mureu - Director of Marketing at Yellow Card, is to provide Ghanaians access to cryptocurrencies and financial independence through...
Africa’s largest payment gateway, MFS Africa, has partnered with Western Union to enable individuals and businesses across the continent to receive money from over 200 countries and territories. The partnership will enable funds to be sent from countries around the world to mobile wallets across Africa through the organisation’s licenced...