Non-bank stocks are projected to be the driving force behind the equities market, potentially resulting in a 12.5 percent return by end of the year - compared to the 13 percent loss at end of 2022 - according to a Quarterly Strategy Report published by fund management house DataBank.
The...
As GEA, World Bank outdoor GH¢90m support
The Ghana Enterprises Agency (GEA) has launched two new interventions aimed at positioning women and youth-led micro, small and medium enterprises (MSMEs) at the forefront of the country’s economic recovery efforts.
The interventions - dubbed ‘Women MSME’ and ‘Youth MSME’ - are the...
outlines measures to avoid them
Executive Director at the Ghana Microfinance Institution Network (GHAMFIN), Yaw Gyamfi, has expressed concern over the increasing prevalence of Ponzi schemes in the country; emphasising the need for citizens to exercise caution when dealing with financial institutions that promise unrealistically high-interest rates within...
The German Ambassador to Ghana, Daniel Krull, has noted that well-managed migration can contribute to development of the country’s economy, hence setting up the Ghanaian-European Centre (GEC).
According to him, the demand by industries in Europe for skilled workers is on the rise, and this presents an opportunity for ambitious...
United Bank for Africa (Ghana) LTD wishes to inform the general public that in line with the provisions of the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930), accounts held at the Bank that have not been operated within the last two (2) years are classified as dormant...
Governments in the 175-member states of the International Maritime Organisation (IMO) have been charged to show courage in the fight to reduce carbon emissions in the shipping industry.
Countries and their political leaders must be brave in their support for the maritime decarbonization agenda if the destructive effects of carbon...
Head of Retail Banking at FBN Bank, Allen Quaye, has stressed the need for banks and financial technology firms (fintechs) to intensify their partnership efforts so as to stay competitive and meet the ever-changing needs of customers.
According to him, fintechs have brought new ways of conducting financial transactions, providing...
The EU Ambassador to Ghana, Irchad Razaaly, has indicated that the EU has contributed about 75 million Ghana cedis, an equivalent of £6.2million, to the West Africa Competiveness Programme (WACOMP) Ghana, to boost the competitiveness of the country’s exports.
He noted that the move of contributing such an amount is...
The Head of Group Business at StarLife Assurance, Dzifa Fiati, has urged insurers to take advantage of the growing trend in technology to remain relevant and to meet market demands.
According to her, this is crucial in the quest to boost insurance coverage or penetration in the country. She is...
The Paris Club's formation of an Official Creditor Committee (OCC) has given impetus to the nation’s efforts to restructure its debt and finally secure a US$3billion facility from the International Monetary Fund (IMF), following a staff-level agreement that was reached on December 12, 2022.
The OCC, which is composed of...
