The Ghana Securities Industry Association (GSIA) says it’ll commit to a “fair” domestic debt exchange programme where “we all contribute to overcoming our economic challenges.” This is coming on the back of the extension of voluntary participation in the programme again to Tuesday, January 31, 2023, as the government scrambles...
banking sector to suffer most Local bondholders will lose an estimated GH¢117.4billion on the back of the Domestic Debt Exchange Programme (DDEP), says a study. The study, Analysis of the Impact of Ghana’s Debt Exchange on the financial sector and real sectors of the economy, analysed the net present...
The Ghana Revenue Authority (GRA) is poised for increased success this year, after beating its revenue target for 2022. The authority collected GH¢3.6billion more in revenue for 2022 than it was tasked to collect, making it the second year in a row that the tax collection and administration body...
The National Communications Authority (NCA) has granted conditional approval for transfer of the 70 percent majority shares in Ghana Telecommunications Company Limited (Vodafone Ghana) held by Vodafone International Holdings B.V. to Telecel Group. Exactly a year ago, Vodafone Ghana applied to the NCA to transfer 70 percent of its majority...
The Pensioner Bondholders Forum has reiterated that its members will not tender old bonds for new ones under the Domestic Debt Exchange Programme (DDEP), saying it would leave them worse off. The group maintains that it wants to be excluded from the DDEP, due to the impact it could have...
Olam Ghana, a leading agribusiness and supply chain manager, has been named Top Employer in Ghana and Africa for the third consecutive year by the Top Employer Institute, the global HR authority on certification for excellence in employee conditions and people practices. The Top Employer Institute programme certifies organisations based...
Academic City University College, Ghana’s premium STEAM and Entrepreneurial tertiary institution, has announced the appointment of Prof. Enoch Opoku Antwi as Associate Dean of Business Administration and Communication Arts, and Dr. Abena Engmann as Dean of Students and Community Affairs. Prof. Antwi has vast expertise in the education industry, with...
The Public Utilities Regulatory Commission (PURC) has announced that electricity and water tariffs will see an increment in the first quarter of 2023 effective February 1. "The Commission, therefore, decided to increase the average end-user tariff for electricity by 29.96 percent across the board for all consumer groups. The average...
There are twenty-three (23) universal banks currently doing business in Ghana. The banks have their branches in strategic locations to meet their stakeholders’ expectations. The banks also reach out to the public through a mix of media channels- the print media, the broadcast media and the digital media. The...
Ghanaians are daily waking up to new waves of technological deployment in many sectors. The recent addition is in the financial industry, where most players in the banking and insurance sectors are seeking to enhance consumer experience by offering 24/7 customer services using Artificial Intelligence. The influence of Artificial Intelligence...