US payment processing giant Vantiv has agreed to take over British peer Worldpay, the pair said Wednesday, to create a global giant worth $27 billion. The deal was billed as a merger, with Worldpay...
Enterprise Limited (Enterprise Group) has informed the Ghana Stock Exchange of an impending transaction to introduce a new strategic partner in place of Salam Emerging Markets Proprietary Limited of...
As part of efforts to encourage customers to utilize its latest mobile banking service, *901#, Access Bank Ghana is rewarding customers who transact and refer others to join the platform. The *901#...
Sadiatou used to be a well-off trader of traditional cloth at the market in Benin's economic hub of Cotonou but now sells school equipment from the doorstep of her home. In 2010 she sank more than...
Organisers of the Kenya Trade Expo Ghana 2017 have signed an agreement with Cellulant, a Pan-African FinTech Company. The agreement is part of an effort to encourage continued trade between the two...
Enterprise Group Limited (Enterprise Group) has informed the Ghana Stock Exchange that South Africa’s largest insurer Sanlam Ltd has sold its US$ 130 million stake in the company. Sanlam Emerging...
Indigenous Ghana Bank, Heritage Bank Limited, has taken its expansion drive beyond the Greater Accra Region, by opening its first branch in the Ashanti Region, specifically at Suame in Kumasi. This...
The US economy grew slightly faster than originally reported in the first three months of the year, on stronger consumer spending and exports, the Commerce Department said Thursday. But even with the...
Pan-African FinTech Company, Cellulant, has announced the signing of a partnership agreement with the Kenya Trade Expo Ghana 2017 during a ministerial visit at Cellulant offices in Nairobi, by H....
The Federal Reserve gave the green light on Wednesday to plans by all 34 large banks seeking to provide big payouts to shareholders after the firms passed the annual stress tests. It is the first...
Stanbic Bank has thrilled over one hundred International Private Banking customers at an exclusive event at Movenpick Ambassador Hotel, Accra. Dubbed: The ‘Cognac and Champagne with Chocolate...
There are growing concerns that the rising non-performing loan (NPLs) on the books of some banks in Ghana threatens their existence and depositor’s funds. There is the need for immediate enhanced...
Black Star Holding Limited (BSHL), a wholly owned subsidiary of LeapFrog Strategic African Investment (LSAI), has acquired the minority shareholder in three subsidiaries of Enterprise Group. The...
The Ghana Revenue Authority (GRA) has been impressed upon to re-examine the various mergers and acquisitions that have been completed in the country to reconcile potential revenue losses due to tax...
The largest US banks would withstand a severe recession and still be able to lend to American households and businesses, the Federal Reserve announced Thursday. The results of the first part of the...
The Bank of Ghana’s Monetary Policy Rate (MPR) has been lowered by 350 basis points from 26% in January to 22.5%. This is the rate at which commercial banks borrow from the central bank on...
Barclays and four former executives have been charged with fraud over their actions in the 2008 financial crisis. The Serious Fraud Office case relates to the way the bank raised billion of pounds...
The National Investment Bank (NIB) has hosted a five (5) day workshop on Financial Modeling for Project Finance in Accra. The workshop was held in collaboration with AADFI (Association of African...
The Lower Pra Rural Bank has increased its total deposit from GH¢56 million in 2015 to GH¢64 million in 2016 representing an increase of 14.3 per cent. The total assets of the bank also increased...
Ecobank has secured shareholders’ approval to raise $400 million in its convertible bonds to restructure its operations and strengthen the group’s capital position. This was secured at the Annual...
