The viability and growth of Small and Medium Enterprises (SMEs) in Ghana has been given a boost with the launch of the first UMB Centre for Businesses in Kumasi. Located on the Ashanti New Town road...
I do have a question for you. Is the use of Mobile Phone Banking making significant efforts in bridging the gap to universal financial inclusion? Come to think of it! Mobile banking is simply the act...
CDH Savings and Loans Limited (formerly Ivory Finance Company), a subsidiary of CDH Financial Holdings Limited, has won a silver award for its contribution to development of the banking and financial...
Investors across the globe have been urged to explore the large pool of opportunities in the West Africa sub-region. According to Senior Partner and Head of PricewaterhouseCoopers (PwC) Ghana, ?Mr...
By Charles Yeboah In an era when physical structures were giving way to soft ones, when one could set up an office on a gadget, when there was no need to erect skyscrapers for the purposes of...
The executive director of Energy Bank, Mr Isaac Shedowo, has called on banks to ensure that customer satisfaction remains the prime focus of the banking industry. He said although much was being done...
The Chief Executive Officer of Dream Oval, Mr Derry Dean Dadzie, has said the mobile money operations pose as a threat to banking sector. He said if not checked, the growth of mobile money could...
Prudential Bank has introduced another innovative e-banking product known as ‘mobiWise’ which seeks to help customers experience a seamless integration of their bank account with the mobile money...
Vietnamese investors, currently on a one-week working visit to Ghana, are seeking to establish joint ventures with Ghanaian partners in the production of tilapia, cashew and rice. At a Ghana-Vietnam...
CHALLENGE: According to a 2015 KPMG report, banking penetration is as low as 36% in some of the larger African economies. SOLUTION: Digital Transformation can drive adoption of banking services by...
The minimum capital requirement for commercial banks in the country could be increased to Gh¢500 million from next year. This is what JOY BUSINESS has picked up from persons close to reviewing the...
Failure to pay electricity, water and telephone bills could now land Kenyans on the list of defaulters at the credit reference bureau and deny them access to loans. The noose is tightening on bad...
A North Carolina police chief says video of a fatal officer shooting does not provide "definitive" evidence the black man who died was pointing a gun. But Charlotte-Mecklenburg Police Chief Kerr...
Ghana has placed 72nd in the 2016 economic freedom index. This was revealed in a presentation by James Roberts, a research fellow at the Heritage Foundation, Washington DC. Ghana ranked 72nd among...
The Ghana Cocoa Board (Cocobod) will pay more for it's annual cocoa loan this year than it did for the US$1.8 billion it took from the international finance market last year. Although the board is...
The governor of the Bank of Ghana (BoG) Dr. Abdul Nashir Issahaku has described as worrying the country’s current average lending rate which is hovering around 33 percent. According to the Dr....
The government of the National Democratic Congress (NDC) has admitted that it does not have money to pay its workers and therefore has been borrowing from the money market at high interest rates. The...
Government has assured civil servants about its commitment to pay September salaries on time contrary to reports making the rounds. This is in response to a Daily Guide newspaper publication of...
The Ministry of Finance, has described as wrong a media publication which creates the impression that Government does not have money to pay salaries of its workers for September, 2016. “The...
The Bank of Ghana (BoG) is using the ARB Apex Bank to resuscitate some 30 rural and community banks (RCBs) from imminent collapse after their operations and finances were weakened by continuous poor...