First Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku-Afari, has revealed that the central bank’s digital currency, the e-Cedi, will be piloted by the close of this year - in a regulatory and innovation sandbox.
Within the financial sector, a regulatory and innovation sandbox is a supportive and...
Banks are still waiting on the Central bank to offer specific guidelines on the measures introduced - including reduction in interest rates and reserve requirements to combat impacts of the Coronavirus pandemic, since being without timelines and durations makes planning difficult.
Despite their introduction in March, 2020 - with banks...
The Vice President, Dr. Mahamudu Bawumia, will, on Wednesday, December 22, launch the e-pharmacy digital platform in Accra.
The digitization of pharmacies, which will have the nation's pharmacies converged on one digital platform, is aimed at addressing the difficulties of roaming around looking for medicines in pharmacies.
It is also expected...
posts GH¢32.8m after tax
Despite facing economic challenges in the year under review, Zeepay - a prominent player in cross-border payments operating as an innovative mobile money firm - grew its pre-tax profit to GH¢43.9million at the close of 2022, its annual report for the period has shown.
Following a...
As part of efforts to protect frontline health workers in the fight against the coronavirus pandemic in the country, Kaaseman Rural Bank Limited at Sefwi-Kaase in the Bia East District of the Western-North Region, has presented personal protective equipment (PPE) and sanitary items to ten health facilities across its...
According to the definition of Internal Auditing in the IIA's International Professional Practices Framework (IPPF), internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations. Internal auditor helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve...
Fidelity Bank Ghana has opened a plush new branch within the commercial business district of Kaneshie in Accra. This move forms part of the Bank’s strategic agenda to proffer its wide-ranging suite of customized banking services and products to customers within Kaneshie, Abossey Okai and its environs.
The spacious, state...
Finance Minister Ken Ofori-Atta is scheduled to present the 2020 Mid-Year budget on 23rd July, 2020 in accordance with Article 179 of the 1992 Constitution and the Public Financial Management Act 921. The 2020 budget is themed ‘Consolidating the Gains for Growth, Jobs and Prosperity for all’, with the...
Despite inflation surging to double digits in April as a result of a spike in demand for food and other essentials in anticipation of the lockdown announcement, Databank Research says there is hope that the rate will come down due to government’s subsidy on utilities.
In late March and April,...
Access Bank Ghana is empowering more SMEs through its capacity building workshops on digitalization. Over 100 SMEs got the opportunity to participate in the fourth edition of the Bank’s capacity building workshop on digitalization at Koforidua, organized in partnership with Open Labs, an Information Technology Firm.
The workshop on the...