As commercial banks race to meet the Bank of Ghana’s December 31, 2018 minimum capital requirement deadline, Zenith Bank has become apparently the first bank in the country to officially meet the GH¢400 million benchmark. According to the central bank, banks can either move funds from their income surplus or...
  Background Did you know that getting frustrated over a situation can bring something positive? Well, I didn’t really think about it until I heard the story of Juliet - the brain behind Ga-Soak. Read on as she shares with the B&FT’s Inspiring Start-ups how she got a brilliant idea...
The Minister of Finance, Ken Ofori-Atta, has instructed the Ghana Ports and Harbours Authority (GPHA) to cancel a Concession Agreement with Messers Ibistek Ghana Limited, for the development and operations of on-dock container and multi-purpose terminal at Takoradi Port. The directive cited by the B&FT is contained in a letter...
A lot has been said about unemployment among university graduates, but the real unemployment headache lies below the university level, the Institute of Statistical, Social and Economic Research (ISSER), has said, expressing surprise that government’s main focus is on university graduates. In its review of the 2018 budget, the institute...
Many Ghanaian students who have successfully completed their studies at various universities in China prefer to stay and work in the East Asian country rather than return home and contribute their quota to economic development of their home country. These students - whose education in the world’s second-largest economy were...
The B&FT can authoritatively report that, the Second Deputy Governor of the Bank of Ghana, Dr Johnson P. Asiama, has resigned from his position barely two years after being appointed to the position. Information available to the B&FT indicates that, the now former governor of the central bank tendered in...
More than 200,000 businesses are expected to soon access the GHc600 million stimulus package called COVID-19 Alleviation Programme (CAP), the Executive Director of the National Board for Small Scale Industries (NBSSI), Kosi Yankey-Ayeh, has announced. The businesses, mostly Micro, Small, and Medium Enterprises, which have been worst affected by the...
Posts 23.3% revenue increase in 2017 Data revenue increases by 50.6% 6.5 million active data subscribers Active Mobile Money subscribers hit 7.1 million In fulfillment of the terms of its 4G licence, MTN Ghana - the largest telecommunications company in the country with 15.7million subscribers - has said...
Government has signed an agreement with Doha-based Qatar Airways for the Middle Eastern airline to start scheduled flights between Accra and Doha, while Air Namibia - which pulled out of the country some four years ago - has started discussions to re-start operations this year. Passengers travelling to the Middle...
Cryptocurrencies have been on a surging run this year but its gaining more grounds. After Eight years with bad names and initial scam reviews, it has gotten stronger and caught the attention of many investment firms as well as corporate entities like Microsoft. With traditional ways of transferring money across...
Translate »