About a week ago, MTN started implementing “No Identity Card, No Momo.” This new policy by MTN Mobile Money Limited represents an attempt by the largest telecom operator to protect its numerous customers from fraud. We have all been aware of the avalanche of fraud activities which have been...
Public and private sector stakeholders within the maritime and shipping industry of West and Central Africa during the week assembled in Accra, Ghana, to deliberate on best practices in vessel clearance at seaports.
The 2-day Global Best Practices in Vessel Clearance Workshop, organised by the Maritime Anti-Corruption Network (MACN) in...
…….deposits hit GH¢100million as at June 2021
Atwima Mponua Rural Bank Limited at Toase in the Atwima Nwabiagya district of Ashanti Region is making a determined effort to put the bank back on a trajectory of growth and profitability.
The mid-year review of the bank’s performance for the year 2021 has...
Leading mining companies in the country, and the West African sub-region, have been urged to gear up for the introduction of a Mining Index on the subregional stock exchanges, and help to accelerate their growth and significance on the continent.
This follows a call by the Vice President, Dr. Mahamudu...
Chris Ofikulu, Regional CEO-UBA West Africa and Managing Director-UBA Ghana, has been awarded the prestigious ‘Banking CEO of the Year’ award at this year’s Ghana CEO Awards.
The award is presented to an individual who exemplifies outstanding business practices, achievements and demonstrates leadership, vision and the creation of economic growth...
Despite the adverse economic effects of COVID-19, CalBank PLC - in the company’s audited results for 2020 - announced a Profit After Tax (PAT) of GH¢213.8million for the financial year ended December 31, 2020.
This was against the GH¢173.4million declared in 2019. The profit represented a growth of 23.3% over...
Growth is an imperative for every business; and a business or portfolio whose growth is stunted for any reason becomes moribund and over time spirals down the path to extinction. It may seem the natural thing for just about every commercial enterprise to work at achieving some growth and...
The Monetary Policy Committee of the Bank of Ghana (BoG) has increased the policy rate by 100 basis points to 14.5 percent. The policy rate is the rate at which the central bank lends to commercial banks inn the country.
Announcing the rate in press statement the committee said Headline...
Mobile transactions have become ubiquitous across most economies in Africa over the past decade, which has been a pillar in bridging the financial inclusion gap as well as the financial inclusion gains witnessed in Ghana. The increased penetration of mobile money over the years has been correlated with increased...
The Sewerage System Ghana Limited (SSGL), a subsidiary of the Jospong Group, has created over 400 direct jobs and an astounding 6,000 indirect jobs to help bridge the unemployment gap in the country, Ing. Florence Awaa Cobbold, Managing Director - Sewerage Systems Ghana Limited SSGL, has said.
Established in July,...