GCB Bank, this week, hosted a delegation from Zambia Industrial Commercial Bank (ZICB), led by Dr. Manyando Sikanda, Head of Operations at its Head Office in Accra. The visit focused on understanding the Pan-African Payment and Settlement System (PAPSS) in anticipation of Zambia's potential involvement. GCB Bank's successful PAPSS implementation has...
By Ernest Bako WUBONTO The Executive Director of Fidelity Securities, Akwasi Adu-Boahene, has urged young individuals to prioritise their investment needs and align them with their savings plans. According to him, in today's volatile economic landscape where uncertainties prevail, it is imperative for investors to diversify their investments into different portfolios...
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, has underscored  the urgent need for an academic curriculum overhaul, stressing that it should be tailored to address the evolving demands of the industry. He made this call at the Academics, Business and Administration Forum (ABAF) launch held in Accra, where...
…despite another DDEP impairment charge and loan write downs …sets the foundation for dramatic profit increases from 2024 onwards By Toma Imirhe After posting its first ever financial loss in 2022 – a direct result of the dire effects of the recently concluded Domestic Debt Exchange Programme on the entire banking industry...
… as SML’s services drive revenue up GH¢2.45bn President Nana Addo Dankwa Akufo-Addo has acknowledged the significant contribution of downstream petroleum audit services provided by Strategic Mobilisation Ghana Limited (SML) to the Ghana Revenue Authority (GRA). A recent audit conducted by KPMG highlighted a clear need for these services. Since their...
By Joshua Worlasi AMLANU Industry leaders, policy-makers and experts  convened at The Money Summit 2024 (TMS) have urged an imperative shift in the nation’s investment and savings culture. Amid challenges posed by the global pandemic, domestic debt restructuring and evolving financial landscapes, the summit emphasised the urgency of embracing ethical standards,...
By Mohammed AWAL ([email protected]) The Director-General of the National Information Technology Agency (NITA), Richard Okyere-Fosu, has disclosed a concerning statistic: 60 percent of government systems lack sufficient antivirus protection, posing potential security risks. He said his outfit’s assessment reveals that just over 30 percent of government systems and end nodes (computers)...
By Wisdom JONNY-NUEKPE The Ghana Revenue Authority (GRA) has clarified the tax status of resident individuals as backed by law and must have general compliance. In addressing recent concerns by the public as to whether individuals who earn incomes abroad fall in the category of ‘resident individuals’ as per the country’s...
The Africa Law Practice NG & Company (ALP NG & Co) Nigeria and Africa Legal Associates (ALA) Ghana have entered into a new strategic alliance that is now part of a thriving and purpose-driven pan-African ALP International Practice Group. Together with ALP Advocates Uganda, and ALP East Africa (Uganda, Kenya,...
...as transit trade thrived well in quarter 1 The Customs division of the Ghana Revenue Authority (GRA), has debunked rumours about Ghana losing transit cargos to neighbouring countries such as Togo and Ivory Coast. Speaking on the Eye on Port show on Accra based Metropolitan television, Chief Revenue Officer and Officer...