Miriam Maku Amissah, Head of Client Experience-Stanbic Investment Management Services (SIMS), has encouraged Ghanaians to embrace responsible investment to further nation building. Speaking at a cocktail session hosted by the bank at the 3rd Mobile Technology for Development seminar held at Kempinski Gold Coast City Hotel, Accra, Miriam Aku Amissah...
…likely to exacerbate further liquidity pressure on Banks and Non-bank Financial Institutions! The cash reserve ratio is the percentage of deposits that banks must hold in reserve as cash, rather than lending it out. By increasing the cash reserve ratio from 12% to 14%, the central bank is reducing the...
President of the African Organisation for Standardisation and Director-General Ghana Standards Authority (GSA), Prof. Alex Dodoo, has stated that the newly developed national building code and regulation framework, when properly implemented to the letter, can create much-needed jobs in the real estate sector. He said effective implementation of the new...
Pan-African Savings and Loans, as part of its Corporate Social Responsibilities (CSR) engagements, recently donated a Water Tank and 6 Ceiling Fans to the Ashaiman No.1 Primary School. The donation was received by Mrs. Bernice Kwamla, the Headmistress of the school.  She expressed her profound gratitude to Pan-African Savings and...
Discussions regarding the proposed US$3billion International Monetary Fund (IMF) bailout programme are progressing well, Bank of Ghana Governor Dr. Ernest Addison has said. The IMF reached a Staff-Level Agreement on the US$3billion three-year Extended Credit Facility with Ghana in December 2022; however, there are some prior actions to be achieved...
U.S. Vice President Kamala Harris has challenged Africans to step up innovation and the empowerment of women in order to play their full part in the future of the world, as she delivered a speech to thousands of young Ghanaians on Tuesday in Accra. Her visit to Ghana, the first...
Bank of Ghana (BoG) Governor Dr. Ernest Addison says significant progress has been made in development of the e-Cedi, the country's digital currency.  The digital currency is vital in the country's plan to expand financial inclusion and enhance digitalisation. He however disclosed that its launch has been delayed due to...
Banks with a capital adequacy ratio (CAR) of less than 10 percent of their assets have been asked to submit plans for recapitalisation, Bank of Ghana Governor Dr. Ernest Addison has disclosed. The ratio - a principal financial soundness indicator - demonstrates banks ' ability to finance their long-term capital...
To deepen/facilitate digitalisation agenda Train over 200,000 youth with ICT and digital skills And generate more than 100,000 jobs within the first three years MTN Ghana has cut the sod for construction of the Ghana ICT Hub to develop the country’s ICT ecosystem in the areas of Health, Agriculture...
 …calls for reinstatement of wrongfully terminated workers Secretary-General of the Trades Union Congress (TUC) Dr. Yaw Baah has reiterated that the TUC will not stand by for any worker in Ghana to suffer any abuse, humiliation or indignity for freely choosing to exercise their rights guaranteed by the Constitution, labour...