Despite the ever-widening housing deficit of the country, investment banker and Chief Executive Officer of Databank, Kojo Addae-Mensah, has said that people looking to invest in the real estate sector could be disappointed as the sector may not be as profitable as it is made to seem. Mr. Addae-Mensah, speaking...
Bank of Ghana (BOG) has announced that, UniBank Ghana Limited (UniBank) has been placed under administration. The appointment of the official administrator according to the central bank is aimed at saving UniBank from imminent collapse. The announcement comes just two weeks after uniBank announced a takeover of adb after some shareholders...
ASA Savings and loans Ghana Limited, a subsidiary of ASA International, as part of its Corporate Social Responsibility has donated items worth several thousand of Ghana cedis to the New Life Nungua Children’s Home International in Accra. Mr. Shah Abdul Wahab - Deputy Managing Director, ASA Savings and Loans -...
Even though their umbrella sector – services - remains the largest contributor to GDP in the country, holding 56.2 percent of economic activities, the financial and insurance subsectors saw a drop in their contribution to the economy from 9.4 to 8.8 percent, Ghana Statistical Service (GSS) data have shown. The...
Managing Director of CalBank, Frank Adu Jnr., has won the prestigious African Banker of the Year at an award ceremony held at the Sandton Convention Centre, Johannesburg, South Africa. In addition to this recognition, Frank Adu Jnr. was also inducted into Africa’s CEOs Hall of Fame for 2018 for his...
Dear ECG, I beg to propose that you put measures in place to ensure your meters become easily accessible to the longsuffering masses of our people. The trouble and financial strain they go through in trying to acquire your meters are avoidable and unnecessary. I propose you decentralise the sale...
Park Agrotech Ghana Limited, has launched a high potency poultry feed range, Lay More, onto the market to help farmers increase poultry yield. “Today we have launched the “Lay More” range of poultry feed for layer birds. There are five different grades of feed which have been launched, each for...
The total value of all mobile money transactions done in the first quarter of the year reached GH¢52billion, a more than 68 percent growth over the figure recorded in the same period last year. According to the Bank of Ghana, in the first quarter of last year mobile money transactions...
set to charge fees on Instant Pay, MoMo interoperability & ACH Direct waivers affecting GhIPSS’ sustainability fees charge takes effect from May 23 The Ghana Interbank Payment and Settlement Systems Limited (GhIPSS) has said it is unable to continue waiving the fees it charged on services including Mobile Money...
The President, Nana Addo Dankwa Akufo-Addo has today launched the much awaited ’10-year Cashew Development Policy’ as a move toward positioning cashew crop as an agriculture goldmine. According to the President who highlighted the importance of cashew production to the Ghanaian economy, cashew, together with other selected crops, can create...

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