Directors, shareholders and managers of rural and community banks (RCBs) in the country have been advised to adhere to prudential regulations of the Bank of Ghana (BoG) and the ARB Apex Bank to pre-empt regulatory sanctions.
Mr. Joseph Kofi Amoa-Awuah, Head of the Other Financial Institutions Supervision Department at the...
The Co-operative Credit Unions Association of Ghana (CUA), the umbrella body of more than 500 co-operative credit unions, has launched and is set to operate and manage its own multi-tenant digital payments platform, known as CUANet.
The formal launch of CUANet took place during the 20th Educational and Biennial Conference...
International Girls in ICT Day is celebrated annually around the world with the purpose to raise awareness on the growing importance of digital skills to pursue successful professional careers across sectors.
In order to expose women to the opportunities available in the ICT space, MTN Ghana in collaboration with Soronko...
Bayport Savings and Loans, a member of the Bayport Management Limited (BML) has launched the WE ARE BAYPORT campaign.
The campaign is aimed at providing all relevant information about Ghana’s leading payroll-based lender and one of the biggest Savings and Loans company to its customers, investors, stakeholders and others.
Managing Director...
The Chief Executive Officer of Digital Square Innovative Technology Solutions, Kwaku Akuamoah, has urged credit union companies to innovate in order to take advantage of the potentials that exist in the financial service sector to remain in competition.
He said credit unions in Ghana, today, find themselves in an extremely...
Even though their umbrella sector – services - remains the largest contributor to GDP in the country, holding 56.2 percent of economic activities, the financial and insurance subsectors saw a drop in their contribution to the economy from 9.4 to 8.8 percent, Ghana Statistical Service (GSS) data have shown.
The...
Group Profits of Ghana Oil Company Limited (GOIL) increased by 21 percent to GH¢65.1million in 2017. GOIL as a company also recorded a profit after tax of GH¢39,335,000 compared to the GH¢35,256,000 recorded in 2016
GOIL also paid GH¢1.128bn as taxes and levies to government during the same year.
This was...
A team of officers from the National Petroleum Authority (NPA) is in the Central Region visiting selected communities as part of a nationwide door-to-door LPG safety campaign.
The team, from the Corporate Affairs Division, visited several eateries in the Mankessim, Komenda and Cape Coast areas, where vendors were educated on...
The Ministry of Trade has awarded a 10-year third single window contract to Ghana Link Network Services Limited - which has CUPIA Korea Customs Service as its overseas partner.
The sole-sourced contract, which was signed on March 29, 2018 and published on the Public Procurement Authority’s (PPA) website, is meant...