MTN Ghana has presented items to the Western Regional Chief Imam toward the celebration of this year’s Eid-ul-fitr celebration at Sekondi. The items include bags of rice, cartons of vegetable cooking oil, assorted drinks and cartons of mineral water. “We are in the fasting season and we deem it necessary...
The Bank of Ghana has awarded the first-ever Payment Service Provider (Enhanced) Licence to one of the nation’s foremost financial technology companies, Nsano Limited. Nsano Limited - a diversified financial technology solutions provider which currently maintains its focus on building custom mobile financial service applications for banks and insurance companies,...
The Ghana Microfinance Institutions Network (GHAMFIN) is working to set up a GH¢10million bailout fund to support its member, as the outbreak of COVID-19 has adversely impacted their bottom lines. The action, according to Executive Director of GHAMFIN Yaw Gyamfi, is to help prevent any potential bankruptcy of any of its members...
Expected credit losses Keeping employees safe Cybersecurity issues, etc. Banks should brace for substantial credit losses, increased cybersecurity challenges and increased cost in keeping employees safe as the novel coronavirus (COVID-19) continues to wreak havoc on all sectors of the economy, a report by PricewaterhouseCoopers (PwC) has said. The report,...
The Chief Executive Officer (CEO) of Ghana Exim Bank, Lawrence Agyinsam, has said all efforts must be put into ensuring that consumption of locally manufactured goods becomes the norm post COVID-19. According to him, local producers have guaranteed the survival of Ghanaians as the world has partially closed its borders -...
The Ghana Association of Bankers (GAB), as part of its GH¢10million COVID-19 interventions support programme committed toward emergency relief for the fight against the novel Coronavirus pandemic, has donated some food items and PPE to the vulnerable and some healthcare institutions in the country. The Association, which is made up...
…Minority pushes for temporary suspension Freight Forwarders in the Western Region capital of Takoradi have expressed their displeasure about lingering challenges with the new Integrated Customs UNIPASS Management Systems (ICUMS), otherwise known as UNIPASS, at the Takoradi Port. The Freighters on Thursday May 7 picketed at the Customs Office of the...
The President, Nana Addo Dankwa Akufo-Addo has announced an extension of the ban on social and public gathering to May 31, as part of measures to reduce the person-to-person spread of the coronavirus disease. During his 9th address to update the nation since the outbreak of the disease, he said...
In the wake of the COVID-19 pandemic, Madagascar President, Rajoelina took the world by storm after endorsing a herbal product formulated and manufactured locally by the Malagasy Institute of Applied Research (MIAR). “All trials and tests have been conducted and its effectiveness has been provided in reducing and elimination of...
This Africa Month, DStv and GOtv have announced the launch of The Africa We See campaign, a heart-warming celebration of the excellence and power of Africa, its people and the rich stories that come from the continent. Now more than ever, Africans are shaping and owning their own narrative through...