The total assets of rural and community banks (RCBs) have hit GH¢3.44billion, as at the end of the second quarter of 2017, and constituted 3.4 percent of total assets for the entire banking industry in Ghana, the Bank of Ghana (BoG) has disclosed
The total deposits of RCBs stood at...
As the country awaits the presentation of the 2018 budget soon, we take a look at the three main critical sectors of the economy—Agriculture, Industry, and Services—to see how they are faring and the various happenings in these sectors and also consider some of the policies in place by...
For a considerable period of time now, the country’s economy has been dominated by the Services Sector. The sector comprises trade, repair of vehicles and household goods; hotels and restaurants; transport and storage; information and communication; financial and insurance activities; real estate, professional, administrative, public administration; education; health; commodity,...
As Ken Ofori-Atta presents the 2018 budget to Parliament in the coming days, his main priority would be to build on the economy’s performance of the past ten months whilst consolidating the fiscal gains made after a troubled 2016.
Between March 2, when Ofori-Atta presented his first budget, and now...
The Group CEO of Standard Bank in South Africa, Sim Tshabalala, has said there are several signs indicating that Africa is now moving toward inclusive growth, as the continent’s middle-class continues to grow.
According to him, many more African countries are now witnessing rising income growth - despite the fact...
itel, one of Ghana’s fastest emerging mobile phone brands has launched two of its sophisticated mobile phones on the Ghanaian market as part as its celebrates 10years of providing a cutting edge mobile devices to users of their products.
The S32 currently itel's best most impressive dual selfie camera mobile...
Former Mayor of Accra and current Member of Parliament for Ablekuma South, Alfred Oko Vanderpuije, has encouraged investors to seize opportunities in the Ghanaian economy.
Speaking in Accra during a press briefing to introduce a six-member business delegation from United States-based National Black Masters of Business Administration Association (NBMBAA),...
Chief Executive Officer of the Ghana Investments Promotion Centre (GIPC) Yofi Grant has made a strong case that Ghana remains the best and most-preferred investment destination, despite the country dropping two places in the latest World Bank’s ‘Ease of Doing Business’ report.
According Mr. Grant, though the latest ranking has...
The Asante Akyem Rural Bank Limited at Juansa, in the Asante Akyem North Municipality of Ashanti Region, has posted a satisfactory growth in all financial indicators for the 2016 year under review.
The bank recorded a total deposit of approximately GH¢31.31million in 2016 as against a little over GH₵27.37million in...