The Vice President, Dr. Mahamudu Bawumia, has said revenue mobilisation has not kept pace with the ever-growing developmental needs of the country, the reason a paradigm shift must be pursued in raising domestic revenue.
This paradigm shift, he said, “has now become a necessary requirement if we want to build...
Commercial banks and other deposit taking institutions face ad hoc inspections by the Ghana Deposit Protection Corporation under the amended Ghana Deposit Protection (Amendment) Law, 2018.
The stringent supervisory function is imperative to provide protection for mainly small depositors in the case of institutional failure, especially unsophisticated depositors who have...
Zambia’s economy is expected to grow by more than 4 percent this year helped by the mining, agriculture and construction sectors, Finance Minister Margaret Mwanakatwe said.
Economic growth in Africa’s second-largest copper producer rose to 4.1 percent last year, helped in part by higher commodity prices.
Officials had initially targeted at...
Zeepay, the fastest growing mobile financial services company in Africa, offering mobile money services, cross border remittances and mobile payments in partnership with United Nations Capital Development Fund (UNCDF), International Organisation for Migration (IOM), and Premium Bank have received a grant from the Swiss Government to improve mobile remittance...
Gold Fields Ghana Limited has handed eight educational and sanitation projects to the communities in their catchment areas at Tarkwa-Nsuaem Municipality and the Prestea Huni Valley, at a total cost of GH¢13million.
The projects are an extension of the University of Mines and Technology (UMaT) Tarkwa; Teachers accommodation at Koduakrom;...
The African Development Bank (AfDB) has advised that it is time to process cocoa and produce chocolate in Africa, and to end the continent being at the bottom of global value chains.
AfDB said there is huge opportunity for Africa, the largest producer of cocoa in the world, to rake...
As an active recruiter (I am the owner of HIREghana – www.HIREgh.com ), my associates and I do come daily across through several hundred of LinkedIn profiles via our candidate sourcing searches and via our very own professional networking too. And we see a lot of ‘wrong’ things that seem...
The Bank of Ghana has cautioned the public against engaging in any financial transaction with a microfinance company by name Wyselink Microfinance Limited.
The company, with offices in Takoradi, Assin Fosu, Ofankor and Dobro, is alleged to be have been operating with a forged operating license and other business permits.
The...
Prefos Limited, a leading electrical and civil engineering company at Jachie in the Ashanti Region, has entered into €200 million investment agreement with Le-tehnika d.o.o. - a Slovenian company - to assemble and supply high-efficiency LED street luminaries in the sub-region.
As part of the agreement, the Slovenian company will...
As banks race against time to meet the central bank’s December 31 minimum capital requirement deadline, they are projected to require a total GH¢13billion of fresh capital - a task indigenous banks in particular say is too daunting.
In a paper titled ‘Banks’ Readiness Assessment to meet the 2018 minimum...