Globally, the COVID-19 pandemic has put more pressure on businesses to find ingenious ways of serving its customers while keeping them safe. The banking industry which is no exception has been on its toes to ensure that while customers are given access to financial services to keep them going,...
Banks and other financial institutions have long been faced with the trends of online and mobile banking adoption. Up until now, there has been little that financial institutions could do to encourage specific groups of non-actors to change the way they bank in adoption of digital services. But that...
With COVID-19 disrupting every aspect of business, what sets good businesses apart from great businesses is how one rises to the occasion in times of crisis such as the one presented by COVID-19.
As companies are forced to shut down some branches, rotate staff with some staff working from home,...
If there is any significant intervention that has changed the financial sector and landscape over the last decade in Ghana, it is undoubtedly the emergence of mobile money. This has been made possible through the collaboration of Fintechs, Mobile Network Operators (MNO) and the Banks.
It`s an undeniable fact that,...
With coronavirus containment measures providing a significant boost to online payments and e-commerce around the world, the pandemic appears to be accelerating the transition towards cashless transactions in emerging markets.
Concerns over the spread of the virus, along with the implementation of lockdown measures, have resulted in a significant global...
The practical challenge of quickly getting financial support in the hands of people who lost jobs amid the COVID-19 economic crisis has baffled advanced and developing economies alike. Economic lockdowns, physical distancing measures, patchy social protection systems and, especially for low-income countries, the high level of informality, complicate the...
Savings and Loans companies have been urged to take advantage of the opportunities presented by COVID-19 and leverage technology more aggressively to serve their clients and deepen financial inclusion.
Pierre Frank Laporte, the World Bank’s Country Director, noted that it was good that the savings and loans companies were embracing...
Over the next 15 months, Africa is set to receive a total of $50bn towards its economic recovery from the World Bank, which has identified the protection of the region's small and medium-sized enterprises (SMEs) as essential to its economic bounce-back from the coronavirus. Financial technology (fintech) has a key role...
To invest means to allocate money into a venture with the expectation of some benefit in the future. The expected benefit in an investment is often referred to as return. Usually, investments may come in the form of ownership investments, lending investments, near cash investments, business investments, precious objects...
GhanaWeb has spearheaded the creation of online election polls in Ghana to gauge opinions and perceptions of Ghanaians on the most pressing political and economic issues, as well as current events leading to the 2020 Presidential and Parliamentary Elections.
This scientific poll is powered by GhanaWeb and the Africa Consumer...