Following a petition to the president by local banks to extend the duration required for banks to meet the new minimum capital requirement, the Council of State has waded into the matter and is rather urging local banks to consider mergers if they cannot raise the stated capital by...
Last week, the president launched a seven-year development plan that forms the basis for his government’s development planning. As a result, all metropolitan, municipal and district assemblies (MMDAs) are required to develop their medium-term programmes in line with the overall agenda of the 7-year development plan. This is a constitutional...
All was set for the play to start in the newest and most magnificent theatre of all time. Located on the high-street of the republic, the lighting, curtains and props in the auditorium provided beautiful scenery. The audience from the banking fraternity filled the auditorium to full capacity. The...
Ghana and the Netherlands have a long-standing relationship that dates back nearly a century. The relationship with the European country has blossomed and continues to show promise in the areas of sports, business, education and, notably, agriculture. In Europe where the Netherlands is geographically situated, the country is a beacon...
Following a petition to the president by local banks to extend the duration required for banks to meet the new minimum capital requirement, the Council of State has waded into the matter and is rather urging local banks to consider mergers if they cannot raise the stated capital by...
Last week, the president launched a seven-year development plan that forms the basis for his government’s development planning. As a result, all metropolitan, municipal and district assemblies (MMDAs) are required to develop their medium-term programmes in line with the overall agenda of the 7-year development plan. This is a constitutional...
Amid the troubles currently afflicting Ghana’s banking industry, Ecobank - Ghana’s biggest bank - provides invaluable lessons on prudent financial management for its counterparts. TOMA IMIRHE examines how the bank’s financial performance for 2017 shows how banks in Ghana can maintain financial solidity, improve customer value proposition and keep...
There is talk of a potential source of Ghc 9 billion from institutional investors including private pension funds that could bridge the gap of the national budget.  Required if African countries like Ghana seek to fund the critical infrastructure projects they need.  The headline ambition around these parts,  is...
The Ghana Standards Authority (GSA) is confident of implementing a voluntary trade facilitation scheme that will ensure products imported into the Ghanaian market meet the required quality, so that Ghanaians are safeguarded against health/safety hazards. This move is long overdue, since the liberalised economy that we operate in the country...
This year, around 40 state-owned enterprises have submitted themselves to performance contracts, and this is a marked improvement from the 25 that submitted themselves last year, states Executive Chairman of the State Enterprises Commission, Stephen Asamoah-Boateng. Mr. Asamoah-Boateng observed that the key performance indicators in the performance contract are to...