… What you need to know Fintech (i.e. financial technology) refers to technology developed to improve and automate financial services. Examples include mobile banking, mobile payment application software, peer-to-peer payment services such as PayPal and Venmo, trading platforms such as Robinhood, and the use and development of cryptocurrencies such as...
…as it inaugurates solar power plant The ARCCU Co-operative Credit Union Limited (ARCCU) has inaugurated a solar power plant to minimize energy consumption and reduce the cost of electricity. EWIA ‘solar investments for Africa’ has awarded ARCCU with Solar Installation Certificate of Completion. And per the certification, EWIA will monitor and...
Minister of Lands and Natural Resources, Samuel Abu Jinapor, has said government remains unrelenting in its efforts to sanitise and regulate the small-scale mining sector, which provides an estimated 40 percent of Ghana's total gold output. "The government is very mindful of the consequential and important nature of the small-scale...
Medical Women Association of Ghana (MWAG), Ashanti Regional Chapter, has held a seminar to encourage members to look for other income-generating sources amid economic hardships in the country. The seminar was dubbed: ‘Thrive, The Lady Doctor and her Side Hustle’. The seminar was spearheaded by six women doctors who are also...
as GRA begins mystery shopping in invigilation exercise The Ghana Revenue Authority (GRA) is currently undertaking a mystery shopping activity to detect businesses which are non-compliant with Value Added Tax (VAT) issuance – a criminal activity which could attract up to five-year jail term, Commissioner of Domestic Tax...
The President, Nana Addo Dankwa Akufo-Addo, has stated that the Attorney-General and Minister for Justice, Godfred Yeboah Dame, has his full support to prosecute persons found to be engaging in illegal mining in the country. Speaking at the 2022 Bar Conference of the Ghana Bar Association on Monday, 12th September,...
as investors continue to scale back, retreat to primary fixed income market Almost half of the 38 active listings on the Ghana Stock Exchange (GSE) have recorded no price movement between the turn of the year and the end of August, an analysis by the B&FT has shown. In all,...
Chief Executive Officer of the Ghana Association of Banks (GAB), John Awuah, is confident the Bank of Ghana's phased approach to implementing the increased Cash Reserve Requirement (CRR) will help banks plan for the 15 percent to come in November. The Monetary Policy Committee (MPC), after an urgent meeting to...
Tullow Ghana has taken note of publications by a number of Ghanaian media outlets regarding a writ of summons issued against it by the Ghana Oil and Gas Service Providers Association (GOGSPA). Tullow Ghana confirms that it has entered conditional appearance to the writ of summons by GOGSPA. The matter...
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced that the current Group Chief Executive Officer, Ade Ayeyemi, will retire after he attains the age of 60, in accordance with ETI policy. The Board of Directors selected Jeremy Awori to succeed Ade Ayeyemi as Group...