A Ghanaian company, Virtual InfoSec Africa (VIA), has successfully built Africa’s first financial industry command security operations centre (FICSOC) for the Bank of Ghana (BoG). Vice President Dr. Mahamudu Bawumia commissioned the FICSOC for the BoG on May 24, 2023, as the country's best bet for dealing with cybersecurity threats...
The Chief Executive Officer-Ghana Association of Banks (GAB), John Awuah, has said there is a pressing need for collaborative efforts to aggressively address challenges facing the country’s credit environment. Speaking during a webinar on sustaining confidence in the financial sector, Mr. Awauh expressed concern over the seemingly low loan-to-deposit and...
The newly-appointed Vice President-Confederation for the Development of Poultry in Africa (CADA), Mr. John Bewuah Edusei, has called for commitment to revive the local poultry industry and the agricultural industry as a whole. This, he said, should be done while shunning the political gimmickry that has characterised successive governments' policies...
Absa Bank's Managing Director, Abena Osei-Poku, has won recognition as CEO of the Year in the banking sector at the just-ended CEO Summit 2023 held at the Kempinski Gold Coast Hotel. The summit brings together all the captains of industry, corporate leaders across the public and private sectors, including...
A rice processing factory at Anto in the Shama district of the Western Region has been inaugurated by SNV Ghana under the European Union (EU) GrEEn Project. The factory is on a two-acre land and equipped with a rice mill, de-stoner, a rice de-husker, polisher and a pelletiser machine to...
Every individual needs to put some part of his income into something which would benefit him in the long run. Investment is essential as unavoidable circumstances can arise anytime and anywhere. Managing your wealth well is like tending a beautiful formal garden – you need to start with good...
Importers and exporters have been advised to take advantage of cargo consolidation to enhance their operations and increase turnover. The advice was given at a time when demand for commodities from Ghana is on the rise, putting a huge burden on shippers. Cargo consolidation refers to the pooling of multiple small...
The Ghana Shippers’ Authority has again, this year, met with haulage truck drivers to highlight pertinent issues that are affecting the transit trade through Ghana. This year’s event, held at the new transit truck park in Tema, centred on road governance issues, customs compliance, safety and security on the corridor. Chairperson...
Lemonade Finance, a financial technology (fintech) firm providing payments and remittance services, has rebranded to LemFi, in line with its expansion agenda. Country Manager at LemFi, Precious Ama Kwartemaa Oduro, said the move forms part of the company's expansion drive to other countries. She explained that the new name marks...
The General Manager of the Ghana Ports and Harbours Authority, Esther Gyebi-Donkor, has revealed that the latest truck park constructed by the authority in Tema is another demonstration of the authority’s commitment to providing a safe space for transit hauliers. According to her, the park is a permanent place for...