The Board of Directors of United Bank for Africa (Ghana) Limited (UBA Ghana) has appointed Mr. Olalekan Balogun as the new Managing Director/Chief Executive Officer of the bank.
His appointment took effective from 8 May, 2020 and replaces Mr. Isong Udom, who has been the Managing Director/Chief Executive Officer of...
As part of measures to close the yawning budget deficit gap created by impacts of the coronavirus pandemic, the central bank has triggered its emergency financing provision that will allow it to support government to the tune of GH¢10billion this year.
Since 2016 when Ghana entered into an Extended Credit...
as COVID-19 decimates export market
art and crafts sub-sector in total shutdown
Ghana Export Promotion Authority's (GEPA) hopes of realising US$3.6billion from Non-Traditional Exports (NTEs) this year is facing serious doubt due to the coronavirus pandemic.
This is because spread of the virus has led countries around the world to close down borders as a preventive measure, effectively implying that local producers and exporters...
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,...
The Civil and Local Government Staff Association, Ghana (CLOGSAG) is making a case for government to push the Social Security and National Insurance Trust (SSNIT) to cut down its staff, reduce administration cost and realign its investment priorities to address issues of poor returns.
According to the Public Relations Officer...
Gov’t assures of no more lockdowns as economic impact could be catastrophic
Government, through the Ministry of Health, has given the strongest indication yet to underscore the global message that the novel Coronavirus (COVID-19) is here to stay and humans must learn new ways to live with it until...
…moves to help facilitate the submitting of annual returns
The Registrar-General’s Department (RGD) has approved the holding of Annual General Meetings (AGMs) virtually to aid companies wrap up the books and submit their annual returns to the department on schedule,
This move joins Ghana to a growing list of countries that...
The Ghana Standard Authority (GSA) is confident that local innovations can help slow down spread of novel coronavirus in the country. This follows certification of the first-ever locally made automatic disinfection device.
The device, manufactured by ATCL Construction and Engineering - a Tema-based firm, uses alcohol-based disinfectants recommended by the...
Maritime Authority seeks power to seize, destroy these boats
State losing revenue as environment gets polluted
With trading of illegal fuel on Ghana’s high seas increasing at an alarming rate, the Ghana Maritime Authority (GMA) has said it will soon acquire the power to seize and destroy the...
players say move to ensure sustainability of operations
but bankers’ association oppose move
Telecommunication networks and financial technology companies (fintechs) are exploring options to reintroduce fees on all mobile money transactions even though the Bank of Ghana’s directive of no charges on some transactions for at least three-months...
