The Group CEO of Standard Bank in South Africa, Sim Tshabalala, has said there are several signs indicating that Africa is now moving toward inclusive growth, as the continent’s middle-class continues to grow.
According to him, many more African countries are now witnessing rising income growth - despite the fact...
itel, one of Ghana’s fastest emerging mobile phone brands has launched two of its sophisticated mobile phones on the Ghanaian market as part as its celebrates 10years of providing a cutting edge mobile devices to users of their products.
The S32 currently itel's best most impressive dual selfie camera mobile...
The Asante Akyem Rural Bank Limited at Juansa, in the Asante Akyem North Municipality of Ashanti Region, has posted a satisfactory growth in all financial indicators for the 2016 year under review.
The bank recorded a total deposit of approximately GH¢31.31million in 2016 as against a little over GH₵27.37million in...
Heritage Bank Limited, has introduced specialised remittance services for its customers and the general public. This follows successful integration with three globally recognised remittance partners - namely RIA Money Transfer, Western Union Money Transfer and MoneyGram respectively.
Customers and members of the general public can now access their remittances with...
Access Bank has rewarded another set of 20 winners in Ghana’s first family promotion in a brief ceremony held at its Osu Oxford Street Branch here in Accra. Winning the ultimate prize in the first mega draw, the Santanah Family took away a sleek 2017 Hyundai Tucson.
Other lucky winners...
As the government steps up to clear the US$2.4 billion energy sector debt, commercial banks would have to get their credit decisions right, moving forward, to spare the taxpayer another humongous debt in the future, Emmanuel Akrong, a credit consultant has said.
“Poor credit decisions” by commercial banks, he argues,...
The Bank of Ghana in 2015 raised the minimum paid-up capital requirement of all rural and community banks in Ghana from GH¢300,000 to GH¢1million. All the 141 rural and community banks were expected to raise their paid-up capital to GH¢500,000 by December 2016 and GH¢1million by December 2017.
As at...
After an unsuccessful move to enter the Ghanaian market some three years ago, American businessman and financial expert Bob Diamond has told the B&FT he has not abandoned his plans, as he considers Ghana a very viable business destination.
“Our plans have always been to invest in 10 to 15...
Parliament’s approval of the Value Added Tax (VAT) exemptions on selected medicines would correspond to a thirty percent (30%) reduction on the NHIS tariffs on medicines and the private sector is also expected to make about thirty percent (30%) savings on the exemptions of VAT on the selected products,...
MTN Ghana Foundation, the corporate social responsibility arm of the telecom giant, has said it has invested over GH¢55million in several socially responsible projects across the length and breadth of the country.
Focusing on education, health and entrepreneurship, the foundation noted that it has and continues to build school blocks,...