Governor of the Bank of Ghana, Dr. Ernest Addison, has said that to restore confidence it is necessary for bold policies to be taken to repair some of the damage that prevailing global conditions have had on the local economy. In a speech read on his behalf by Head of...
Salaries via MoMO can claim deductions at year end The second phase of the Electronic Transaction Levy (E-levy), which is expected to begin from July 1 barring any unforeseen glitches, will close all loopholes, detect avoidance and strengthen public confidence in the tax’s collection, Head of Project Management Unit...
The Minerals Income Investment Fund (MIIF) may well become the most important lever in Ghana’s development, Mr. Edward Nana Yaw Koranteng, the Fund’s Chief Executive, has said. Addressing participants at the 14th West Africa Power Exhibition and Conference on the topic ‘MIIF as a tool for National Development, Mr. Koranteng...
Calls for reevaluation of pricing model of risky assets Member of Parliament for Nhyiaeso Constituency, Dr. Stephen Amoah, has called for re-evaluation of the pricing model for government short-term bills, saying the high rates they offer are among the reasons cost of lending is so expensive. He said for wider...
Absa Bank Ghana has signed a partnership agreement with Ghana Union of Traders Association (GUTA) to provide flexible loan schemes for members of the association, with a special package for women-led businesses. The bank will provide collateral-free lending of up to GH¢500,000 for traders, and a special loan package of...
Access Bank has opened a new Agency Banking network at the Accra Technical University (ATU) in Accra.  This is in line with the bank’s vision of becoming the world’s most respected African bank through strategic expansion and retail dominance. Through this expansion drive, Access Bank has brought banking operations close...
There has always been some amount of disparity in insurance service provision and availability between urban and rural dwellers, the rich and poor, literate and illiterate among others. Rural dwellers may not have access to some insurance services as compared to those in the urban centres, and literates may...
It’s a hat-trick for Oliver which has won a trio of Campaign Global Agency of the Year awards. Being acknowledged with this trifactor is an incredible achievement for Oliver both globally and locally. Oliver is the world’s only company to exclusively design, build and run in-house agencies for brands. Campaign magazine...
Hubtel, the leading quick commerce, messaging, and payment service provider has announced its operations in Koforidua, the Eastern Region of Ghana.   Hubtel is extending the speed and ease of connecting retailers to customers in a rapid digital economy, to many parts of the country. This announcement adds to the company’s...
“Banking is necessary, Banks are Not.” ― Bill Gates As a regular facilitator of training programs, I regularly encounter bankers who have no inclination of the effect that the fourth revolution is having on their jobs. Sometimes I jokingly describe my perception of some of their routine daily activities, ”...