Suggestions that traditional commercial banking is on a steady decline, with its demise imminent, are wide of the mark and predicated on a misunderstanding of the evolution of banking, as evidence abounds to the contrary, Managing Director of FBN Bank, Victor Yaw Asante has said.
The sentiment appears to be...
Zeepay, Africa's leading challenger fintech, has announced the completion of its Series A.0 fund raise in a round led by Investisseurs & Partenaires (I&P). The leading Ghanaian fintech announced that it has completed a fundraise of US$7.9million in its Series A.0 - which was a hybrid of both equity...
Deutsche Bank and Investec in partnership with Swedish Export Credit Agency (EKN), Swedish Export Credit Corporation (SEK) and Export Credit Insurance Corporation of South Africa (ECIC) yesterday announced the signing of an agreement to finance construction of a 100km stretch of the Western Railway Line, running from Takoradi Port...
GCB, Ghana’s largest bank, as part of measures to ameliorate the sufferings of its customers from the ravaging effects of the COVID-19, has advanced in excess of GH¢156.1million in personal loans to over 9,000 customers. The enhanced loan product was aggressively offered during the peak of the pandemic to...
The Coca-Cola Bottling Company Limited, as part of its Corporate Social Responsibilities (CSR), has so far donated a total of GH¢745, 955 to the COVID-19 Private Sector Fund to help support individuals affected by the virus.
The company made its first donation of GH¢ 113,430 on November 1, 2020 followed...
The Official Liquidator for the defunct Fund Management Companies (FMC’s) will on Friday, July 2 have an investor class meeting with customers of some defunct FMC’s.
A statement by the Registrar-General stated that “all the creditors of the under-listed companies are being invited to a Virtual First Creditors meeting on...
The new ultra-modern Liquid Bulk Terminal (LBT) at the Port of Takoradi is expected to receive its maiden liquid bulk cargo tanker vessel at the end of June 2021 without any hindrance.
At a stakeholder engagement with petroleum downstream patrons before the start of operations at the Terminal, Capt. Ebenezer...
The Ghana Book Development Council (GBDC), an Agency under the Ministry of Education, has been adjudged one of the top 10 organisations with creative and result-oriented marketing projects and campaigns for books and reading. This was announced in a press release by the International Federation of Library Associations and...
The General Secretary of the Public Utility Workers Union (PUWU), Michael Adumatta Nyantakyi, has charged Management of the Electricity Company of Ghana (ECG) Ltd. to ensure that staff receive adequate and comprehensive training when new technologies and processes are introduced into the Company’s operations.
According to him, as companies invest...
Leading provider of wholesale and enterprise connectivity solutions and colocation services, MainOne, has expanded its digital footprint with the inauguration of its subsidiary, MDXi Data Centre in Appolonia City, Accra.
The 100+rack data centre facility offers customers the opportunity to host infrastructure in an environment guaranteed to provide high levels...