Monday, December 5, 2022
NPL ratio to reduce Interest rates to drop Private sector to be biggest beneficiary  The government’s roadshow to raise a bond to clear the much talked about energy sector debt, which is in excess of US$2.5billion, has excited bankers. The roadshow for the long-awaited bond issuance saw some...
The country has failed to leverage its trading relationship with key regional blocks - namely the European Union (EU) and ECOWAS - over the past decade, thereby affecting its balance of trade, a report by IMANI Ghana, one of Africa’s leading think-tanks, has shown. The report, titled ‘Maximising Gains from...
The Kumawuman Rural Bank Limited at Kumawu in the Sekyere Afram Plains district of Ashanti Region is set to rollout hybrid Automated Teller Machine (ATM) services at some of its branches. This is in fulfillment of government’s rural branchless banking project, and the bank has completed all documentations and signed...
South Africa’s Gold Fields said its third-quarter gold output rose 3 percent compared with previous quarter, buoyed by a 10 percent surge in production at their South Deep mine. Gold Fields, which also has operations in Australia, West Africa and South America, saw gold production rising to 567,000 ounces for...
South African miner African Rainbow Minerals dropped KPMG as its auditor on Monday, joining a host of other local companies breaking ties with the firm caught up in an influence-peddling scandal. KPMG has been losing clients after its own investigation last month found flaws in work it did for the...
President Joao Lourenco directed a working group to determine how it can “improve the current conditions of investment in the oil and gas industry,” and develop a “framework of cooperation” directly between the executive and oil companies. The move, announced in a decree on October 13, came as Lourenco appointed...
Airtel Ghana, winner of Best Corporate Social Responsibility at the African Carrier Awards fulfilled its pledge to quality education with a “Back to School Initiative” at Adaklu Aboadi SA primary school and the Adaklu Xelekpe DA JSS in the Volta region. This donation was in line with our quest to...
Activities of nomadic herdsmen, who have breached the perimeter of Ho Regional Airport in the Volta Region in search of fresh grass for their cattle, threaten the facility’s completion and scheduled opening date. This revelation came to light when the Aviation Minister, Cecilia Abena Dapaah, came to Parliament to answer...
GTBank Ghana, the Digital Bank of the Year, has swept five prestigious awards at the recently concluded CPI Financial’s Banker Africa–West Africa Banking Awards. The awards came after an intensive voting exercise involving more than 13,000 votes across the banking industry in the West African region. This year’s awards saw...
Government is seeking to streamline the business registration process and allow for the issuance of just a Certificate to Commence Business, as part of reforms contained in the amended Companies Act currently before Parliament. Vice President Dr. Mahamudu Bawumia was speaking at the launch of the Registrar General’s Department E-Certificate...
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