…signs MoU with FSD Africa
The Bank of Ghana (BoG) has signed a Memorandum of Understanding with FSD Africa (FSDA) for the implementation of a Credit Market Development Programme in Ghana.
The signing ceremony took place on March 8, 2018, at the Bank of Ghana.
The Credit Market Development Programme is aimed...
Ghana and the African Development Fund (ADF) last week Thursday signed a US$39.01million loan agreement to support government’s Flagship Programme in Agriculture: Planting for Food and Jobs (PFJ).
Mr. Ken Ofori-Atta, the Minister of Finance, signed on behalf of the Government of Ghana, while Dr. Yero H. J. Baldeh, Ghana...
Guaranty Trust Bank (Ghana) Limited has posted a pre-tax profit of GHS127.5 million for the 2017 financial year representing a 20% growth over previous year’s GHS106.5 million. This is the eleventh (11th) successive year that the bank is declaring profit since its commencement of operations in Ghana in 2006.
After-tax...
The International Finance Corporation (IFC), a subsidiary of the World Bank Group, has presented ‘Banking on Women’ - an initiative that seeks to encourage banks to explore targetted investment and advisory services to promote access to finance for women entrepreneurs.
The product is expected to also explore untapped opportunities within...
… Cost factor versus public safety
“This is not a rip-off” says the implementer
While the Importers and Exporters Association of Ghana has thrown its weight behind it, a number of other trade associations have raised cost and other concerns over the planned cargo disinfection exercise at the country’s...
Electricity Company of Ghana (ECG) has launched a “Code of Conduct” document for its staff and third-party contractors to guide their behaviour, attitude and conduct in the execution of their obligations enshrined in the contracts entered in with ECG.
The code of conduct is designed to outline rules for social norms,...
Operating profit (EBIT) of €14.98 million in 2017 (IFRS standard)
Net result of €3.57 million (IFRS)
Market share increased by 1.4 p.p. (+ 1.3 million passengers)
Passenger growth of 15% and 16.5% in January and February 2018
1 million passengers (+17.3%) leading to a record seat load factor...
Banks in Ghana are at a high risk of server attacks due to unsecured data with professional data centres on cloud software.
A cloud software allows the user to run computer applications over the internet, without having to buy, install or manage their own servers. This means a company can...
A Civil Society group operating within the mining sector, Wassa Association of Communities Affected by Mining (WACAM), have joined the Ghana MineWorkers' Union (GMWU), to kick against Goldfields Ghana Limited's (GFGL) moves to contractor mining at its Tarkwa mine.
WACAM has therefore called on the government, to immediately intervene and...
As part of its sustainability efforts focused on the environment, Vivo Energy Ghana, the company that markets and distributes Shell branded fuels and lubricants has entered into partnership with Environment 360, a Non-Governmental Organisation to roll-out a comprehensive recycling programme dubbed CyClean targeted at basic schools in the James...