Extending the December 2018 minimum capital deadline for local banks will afford them more time to adjust to the new rules, whilst demonstrating that government is committed to strengthening the banking sector, President of the African Investment Group, Dr. Sam Ankrah, has said. “In as much as I have been...
Air Namibia has appointed APG Network are pleased to announce the new partnership entered into effective March 2018. Air Namibia has appointed APG Network as GSSA in Ghana and Nigeria. In accordance with the GSSA agreement entered into, APG Network will provide full sales and marketing services, as well as call...
Farmers urged to adopt good agricultural practices, appropriate agro-chemicals for increased sustainable productivity. Also, they should use the appropriate planting materials that will make their work easy and ensure good yields. Mrs. Yaa Peprah Amekudzi, Country Lead of Modelez International Cocoa Life, said this at the handing-over of motorised pruners to...
United Kingdom (UK) Prime Minister’s Trade Envoy to Ghana, Adams Afriyie, has led a delegation of 18 Scottish companies to sign MOUs that will enable capital investment in Ghana’s oil and gas industry. The partnership is to ensure that the right equipment is used so as to build the capacity...
National Insurance Commission (NIC), has issued a word of advice to drivers to desist from doing business with unlicensed insurance agents who sell insurance premiums to them on the market. Mrs Emma Ocran, Director of Legal Service, NIC speaking at a public education forum for drivers at cape coast in...
In the face of ongoing reforms within the regulatory environment of the banking industry, Rural and Community Banks (RCBs) will have to plan toward the looming changes, rural banking expert Mr. Joseph Akossey has advised. In recent communications regarding the state of the financial sector, the Bank of Ghana (BoG)...
Banks may be going through a lot of stress currently as the central bank tries to sanitise the industry, but Country Senior Partner at PricewaterhouseCoopers (PwC), Vish Ashiagbor, believes all parties stand to benefit at the end of the day. Not only do banks have to meet the central bank’s...
A GSMA Mobile Money Certification will bring about safer, more transparent and more resilient financial services for millions of mobile money users, Nathan Naidoo-Head of Mobile Money, Mobile for Development at the GSMA, has said. “A key ingredient in the success of mobile money has been trust. The certification will...
As commercial banks race to meet the Bank of Ghana’s December 31, 2018 minimum capital requirement deadline, Zenith Bank has become apparently the first bank in the country to officially meet the GH¢400 million benchmark. According to the central bank, banks can either move funds from their income surplus or...
The Ghana Ports and Harbours Authority has signed a Memorandum of Understanding (MoU) with Diamond Cement Ghana Limited, a leading cement producer, to begin the construction of a port at Keta in the Volta Region. According to the Director-General of GPHA, Paul Ansah, the move is in line with government’s...