…as Alhassan Andani retires on Nov 30th The Stanbic Bank Ghana board of directors, with approval from the central bank, has selected Kwamina Asomaning, currently the Executive Director of Corporate and Investment Banking, as their new Chief Executive. Kwamina Asomaning, a key member of Andani’s team for the past 10 years,...
...as it launches 60th anniversary The Volta River Authority (VRA) is seeking to use digitisation to drive the next chapter of its growth, and also wants to be the leader in the country’s electric vehicles space. The state-owned power generator and supplier of electricity will mark its 60th anniversary in April...
Ecobank Ghana and the Devtraco Group have signed a mortgage financing agreement under which Ecobank will provide exclusive financing arrangements to would-be homeowners desirous of patronising luxury and middle-income homes from Devtraco Plus & Devtraco Limited. The agreement, which was signed at the ultra-modern head office of Ecobank in Accra,...
While the coronavirus pandemic has had a negative impact on many businesses throughout 2020, a recent rebound in mergers and acquisitions (M&As) has pointed towards a partial recovery in investor sentiment – as well as demonstrating that certain sectors have taken on greater importance as a result of COVID-19. During the...
Zeepay, a fast-growing fintech and a Challenger Electronic Money issuer (Mobile Money Company), has announced a new partnership with Enterprise Life to provide Beneficiary Insurance to remittance senders from the diaspora known as Zeemicro. People in the diaspora can now purchase insurance cover for their beneficiaries when sending money home...
Following the collapse of Ghana Airways and Ghana International Airlines (GIA), Ghanaians have long sought for a national carrier that will restore our national pride and fly our national flag around the world. Thus it was with much joy that I received the news in 2019 that Ghana had signed...
Finance Minister, Ken Ofori Atta has requested for the withdrawal of the sum of GHc27,434,180,520.00 from the Consolidated Fund to enable government meet expenditure in the first quarter of the year 2021. This, the Minister said in his address to Parliament, is in accordance with Article 180 of the 1993...
Ghanaian workers have reported shocking human rights abuses aboard Chinese-owned trawl vessels - from beatings to a lack of drinkable water or basic medicines, and punishing working hours. This abuse of the crew goes hand-in-hand with threats, bribery of fisheries observers, and large-scale illegal fishing. The testimonies, documented in a new...
Standard Chartered Bank Ghana Limited has announced a 100% waiver on account to wallet transaction fees for its customers from October 26-30, 2020. This comes on the back of Customer Service Week, which is commemorated globally from October 5-9, and the bank’s bid to dedicate the whole month of October...
Private sector actors in the oil palm value chain, when given the right knowledge and needed financial support, are able to influence policies that advance the development of the commodity in Ghana. Over the few years, the oil palm sub-sector has grappled with the lack of a national standard for the...