Mitsubishi UFJ Finance Group MUFG, a leading global financial services group, one of the largest banking institutions in Japan and African Export-Import Bank (Afreximbank) have closed a ground-breaking $520 million facility, the first to be covered by Nippon Export and Investment Insurance (NEXI).
NEXI’s proactive support for this facility was...
Private pension funds have maintained their strong growth over the years - reaching a record high of GH¢17.3billion in 2019 from GH¢13-billion in the previous year, exactly a decade on since introduction of the three-tier pension system.
The impressive growth of private pension funds over the years, according to the...
The Liberty House branch of GCB Bank has resumed full-scale banking business operations since Thursday 10h December 2020.
The branch was closed down on Monday 30th November, following the fire outbreak at a portion of the Liberty House Building complex’s first floor on Saturday 28th November. The bank’s Liberty House branch is located...
Prudential Life Insurance Ghana, a leading life insurer, has teamed with Enterprise Life Insurance Ghana to be co-underwriters for SafeNet - an innovative new mobile insurance product.
Vodafone, Ghana’s second-largest mobile network operator, is using a platform developed by MicroEnsure - a part of the Micro Insurance Company - to...
The Ecobank Academy, which is the corporate university of the leading pan-African banking group, Ecobank, is providing bespoke financial management training courses for national and regional alliance members of the NCD Alliance (NCDA) as part of its Advocacy Institute Seed Programme.
The training, which follows a Memorandum of Understanding signed...
The Twin Tub Pack campaign will support families impacted by COVID-19
Leading consumer brand, Blue Band, has announced an additional response to the economic disruption posed by COVID-19 within families in Ghana through its ‘Spreading Smiles’ Twin Tub Pack Campaign with over GHS 100,000 cash rewards up for grabs.
With experts...
… as investors confident over nation’s political stability
Despite the uncertainty which characterised the keenly contested general elections and the uneasy calm trailing its aftermath, the Ghana Stock Exchange (GSE) has not reacted adversely but has, as a matter of fact, recorded some marginal gains, the B&FT can confirm.
On Tuesday,...
The National Information Technology Agency (NITA) and the Ghana Chamber of Telecommunications are pushing state institutions and telecommunication service providers that deploy their own fibre installations to consolidate these installations to fast-track national connectivity to accelerate economic development.
They however warned that the consolidation efforts would amount to little or no...
Compares fiscal situation to HIPC economies
Credit ratings firm, Moody’s Investor Services, has stressed that the new Nana Addo Akufo-Addo administration will continue to face major challenges that could curtail the country’s creditworthiness, including low growth after the coronavirus shock, weak government revenues, low oil prices, and energy...
Ghana’s plans to overhaul its regulatory system and establish a one-stop shop for investors as part of broader efforts to boost FDI are explored in a new COVID-19 Response Report (CRR), produced by Oxford Business Group (OBG) in partnership with the Ghana Investment Promotion Centre (GIPC).
The CRR charts the...