Stanbic Investment Management Services
The recent strife between Russia and Ukraine has unnerved investors, sparking significant selloffs across asset classes in favour of safe-haven assets. The ongoing geopolitical conflict, poses a risk to an already dimmed global growth forecast, casting a spillover effect on the financial markets.
This, coupled with interest...
Atlantic Mall, Accra’s newest shopping mall constructed at a cost of US$20million, has officially opened for business. Located at the Atomic Junction Roundabout in the North Legon area near the University of Ghana, the Atlantic Shopping Mall is expected to attract thousands of shoppers daily both far and near.
The...
…as transport fare set to increases by 30%
The Coalition Private Commercial Transport Operators has indicated that, starting Friday February 18, 2022 transport fares would be increased by 30 percent.
According to the group, this has become necessary to save transport business from collapsing with the frequent upward adjustments in fuel...
The Bank of Ghana (BoG) has entreated heads of Rural and Community Banks (RCBs) to endeavour to position themselves so they are able to address emerging issues within the rural banking sector.
The Head of Other Financial Institutions Supervision Department at the Bank of Ghana, Mr. Yaw Sarpong, who delivered...
On Friday, 9th July 1976, Nyakrom Rural Bank in the Central Region became the first born of all rural banks. This implies that the rural banking sector is 46 years old.
“Rural and Community banking was conceptualized at a time when access to bank credit for farmers and traders, especially...
Rising inflation continues to dampen the outlook for many currencies in Africa. The Bank of Ghana is battling 21-year high inflation at 33.9%, making the Cedi the world’s second worst performing currency this year (see Ghana report below). In Malawi, inflation has more than doubled since the start of...
A horticulturist and supervisor at the Department of Parks and Gardens at Peduase Lodge, Edem Kojo Doe, has been awarded for his outstanding performance in the Ghana Civil Service.
Mr Edem Doe, who is an assistant horticulture officer, was awarded in recognition of his distinguished professionalism and hard work in...
Absa Bank has disbursed an impressive GH¢100million under its 10 percent SME loan programme, marking a significant milestone that demonstrates the bank’s longstanding commitment to empowering and driving the growth of SMEs in Ghana.
The initiative, which is in partnership with Mastercard Foundation, is a landmark financing programme from the...
I had gone to find spare parts for my now ageing Toyota Fortuner vehicle at Abbosey Okai. I was highly amused listening to some of the submissions during a heated debate on how the cedi has depreciated against the major foreign currencies.
As I haggled over the prices of the...
Yara is committing up to US$20million this year to supply free fertiliser to farmers in Ghana as part of intentions to secure access to low-cost, high quality crop nutrition solutions that help strengthen the country’s national food security agenda. Working alongside smallholder farmers and partners, the project seeks to...