Dear readers, we are all aware of the great strides that the banking industry is making to create convenience and great customer service to customers. However, there is one segment of society who are facing some challenges with the current banking practices.
You can take today’s article with a pinch...
Today, the Financial Services Industry has undergone enormous changes with more and more banks focused on developing mobile platforms which aims at providing services online conveniently. This greatly expands the interaction between financial institutions and customers, and also creates a more unique business and service model.
Although almost all the...
In my most recent article, I discussed the duties of directors of private companies under the Companies Act, 2019 (Act 992). However, directors are not the only officers or persons with duties imposed by Act 992 - mandatory or permissive. Act 992 also imposes duties on a company itself:...
Ghana’s new Payment Systems and Services Act, 2019, (Act 987) has created waves in the fintech space in Ghana. FinTechs are now required to hold a license from at least one of five license categories (Enhanced PSP, medium PSP, standard PSP, PSP card scheme, and E-money Issuer) in order...
urges other sectors to embrace system to kick out fakers
calls for further digitisation of the process
By Bernard Yaw ASHIADEY and Ebenezer Chike Adjei NJOKU
Introduced primarily to improve the mobilisation of taxes outstanding, particularly in the beverage industry, the Ghana Revenue Authority’s (GRA) excise tax stamp has been...
President Nana Addo Dankwa Akufo-Addo last week Thursday unveilled Metropolitan Television’s (Metro TV) ultra-modern media group edifice, which promises to deliver world-class broadcast journalism.
He praised the Metro TV board of directors for settling on a Ghanaian contractor, who in turn chose a Ghanaian architect to design the world-class edifice.
He...
Implementer of the Cocoa Life programme, Mondelez International, has introduced a new technology that seeks to help triple annual yields of cocoa production in Ghana
To mitigate the effect of climate change on cocoa production in Ghana and help triple the country's annual yield, a new technology designed to supply...
… to solve excess capacity conundrum
Government has charged the Volta River Authority (VRA) to use its experience in electricity export to find markets for the country’s excess power capacity.
The country’s total installed capacity is 5,083MW with a peak demand of 2,7000MW. Of the total installed capacity, 2,300MW has been...
Chemico Limited, Ghana’s pioneer Agro-inputs company, has supported this year’s Farmers Day celebration with over GH¢400,000.
The company handed over a cheque for GH¢100,000 to the Ministry of Food and Agriculture (MOFA), and additionally presented a cash amount and agrochemical products valued at over GH¢300,000 to some Regional, Metropolitan, Municipal...
…as new bill establishes MSME Fund
Micro, Small and Medium Enterprises (MSMEs) in the country will experience some transformation in their structure and regulation from a new law that is expected to boost the sector’s performance.
The Ghana Enterprises Agency bill 2020, which is pending passage in Parliament, when passed into...