“Women’s history is women’s right” declared Gerda Lerner, considered the “mother” of Women’s History Month. “It is an essential, indispensable heritage from which we can draw pride, comfort, courage and long-range vision.” Thirty-eight years after President Jimmy Carter drew on Lerner’s words in his proclamation establishing the original Women’s History...
The European Union and its free trade agreement took decades to establish. Africa is now hoping it can achieve the same in a fraction of the time. But with Nigeria pulling out, questions are being raised over just how achievable it really is. The vision is a free trade deal encompassing...
Though some doubts were entertained as to the feasibility of government’s proposed ‘One District, One Factory’ industrialisation programme, news by our Northern regional correspondent filtering in from Tamale suggests strongly that the programme is gearing up to take-off in the northern ecological zone as preparations are finalised. Implementation teams, we...
Second Deputy Governor of the Bank of Ghana, Elsie Awadzi has reassured customers of indigenous bank UniBank that, their deposits remain safe as KPMG takeover the assets and management of the bank. According to Mrs. Awadzi, customers must not rush to redraw their deposits, as with the exception of management...
UniBank Ghana Ltd, has confirmed the takeover of its management by KPMG, who are to serve as the 'Official Administrator', effective Tuesday March 20, 2018. This was contained in a text message which was sent to the bank’s customers in the country same day that the announcement was made by...
Monetary policy alone cannot clip lending rates appreciably, except when factors like a functioning National ID system, a working credit bureau, an efficient address system, digital land registry and an interoperability system, are accounted for, Vice President Mahamudu Bawumia has said. “If we have all these pieces of the puzzle...
Bank of Ghana (BOG) has announced that, UniBank Ghana Limited (UniBank) has been placed under administration. The appointment of the official administrator according to the central bank is aimed at saving UniBank from imminent collapse. The announcement comes just two weeks after uniBank announced a takeover of adb after some shareholders...
With technology disrupting every sphere of human activity, brick and mortar branch banking will no longer be viable in five years, Arnold Parker-Managing Director of finance house AFB Ghana, has said. “I think in the next five years a lot of financial institutions will scale down on brick and mortar...
United Bank for Africa (UBA) Plc’s Regional CEO for West Africa 1, Mrs. Abiola Bawuah, has been named the ‘Most Outstanding Female in Banking’ by the Business Executive at the just-concluded 4th Feminine Ghana Achievement Awards, at the La-Palm Royal Beach Hotel in Accra. This brings to a total of...
The Ghana Union of Traders Associations (GUTA) has issued a stern warning to government, saying the proposed 17.5 percent Value Added Tax (VAT) on mobile phones should not be introduced. It also warns that the new formula by Customs for calculating duties on imported cables must be reversed. The warning comes...