First National Bank Ghana, has signed Memoranda of Understanding (MOUs) with three more real estate developers to collaborate in the provision of homes for Ghanaians as part of the bank’s ‘Year of Home Ownership’ (YOHO) initiative. The new YOHO partners are Vabb Homes, Green Opal and Zaddington Properties. This brings...
Market analysts are optimistic of a resilient cedi ahead of the festive season in December, despite the local currency’s depreciation against its major trading currency, the US dollar, by about 1.8 percent at the end of September 2021. Even though the cedi has been depreciating against the dollar for the...
The Rural and Community Banks, RCBs, after exhibiting resilience in their operations and battling it out during financial reforms still have a total of GH¢457.86 million locked up with investment companies that are regulated by the Securities and Exchange Commission, Business & Financial Times has learnt. At the beginning of...
The Association of Ghana Industries (AGI) wants government to extend the zero Value-Added Tax (VAT) regime for textile manufacturers beyond the December 2021 deadline. The three-year zero-rate was passed as part of measures to revive the once buoyant domestic textile industry after it suffered from the influx of pirated and...
The Vice-President, Alhaji Mahamudu Bawumia has assured Engineers in the country of government’s unflinching support and team up with them when required in their quest to industrialize Ghana. The Vice-President gave this assurance in a speech read on his behalf by the Minister in Charge of Public Sector Reforms, Joseph...
AngloGold Ashanti, Obuasi, Mine hosted the President, Nana Addo Dankwa Akufo- Addo, during his tour to the Ashanti Region on Monday, October 4, 2021. In his speech, Mr. Eric Asubonteng, the Managing Director AngloGold Ashanti, Obuasi Mine, commended the President  Akufo- Addo for “continuing to take an interest in the...
West Africa Mills Company Limited (WAMCO) has shipped about 20,000 metric tonnes (MT) of cocoa products out of the country, valued at US$50million, since the re-activation begun in 2017. The company has traditionally shipped cocoa products such as natural cocoa liquor, deodorised cocoa butter and expeller cake used as raw...
MTN IPO to boost Ugandan Shilling The Cedi weakened slightly this week against the dollar, trading at 6.05 compared to 6.04 at last week’s close, though the persistent pressure experienced in the third quarter—which saw the currency depreciate more than 4%—has started to ease. As we move into the fourth...
The Young Professional Role Model (YPRM) Awards 2021 has named the Chairperson of Role Model Africa, Samuel Agyeman-Prempeh, as the winner of the Africa Role Model in Professional Leadership and Community Service. The Young Professional Role Model (YPRM) award is an annual Young Achievers and Change Makers Leadership Excellence Award that stands...
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. We...