Over 200 residents from border communities have sought refuge in various parts of the North East region following a suspected attack in Nagudi, Togo. Residents from Tantra 2, Tambeng, and Jangbande have reportedly evacuated their communities, seeking safety in nearby towns and villages, including Yunyoo, Bunkpurugu, and Wanchiki. A Togolese community was allegedly targeted by […] The post Over
Over 200 residents from border communities have sought refuge in various parts of the North East region following a suspected attack in Nagudi, Togo. Residents from Tantra 2, Tambeng, and Jangbande have reportedly evacuated their communities, seeking safety in nearby towns and villages, including Yunyoo, Bunkpurugu, and Wanchiki. A Togolese community was allegedly targeted by […] The post Over
At least 10 people have been killed and thousands displaced as a rebel group with alleged links to neighbouring Rwanda seized a town in Congo’s conflict-hit eastern region on Wednesday, March 6, 2024, according to reports. The seizure of Nyanzale by M23 rebels came after days of fighting with security forces, local civil society leader […] The post At
By Elizabeth PUNSU, Kumasi The Amenfiman Rural Bank PLC at Wasa Akropong in the Wasa Amenfi East District in the Western Region has inaugurated its branch in Adum, the heart of business and trade, at the central business district of Kumasi. This adds to the already existing three branches since its penetration into the Ashanti […] The post Amenfiman Rural Bank opens Adum
We hereby bring to the notice of the general public, a publication of the list of persons having accounts with Absa Bank Ghana LTD that have not been operated for a minimum of five (5) years and are classified as dormant, in accordance with the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930). The […] The post Absa Unclaimed and Dormant Account 2024
By Asantewaa OSAFO Public Relations (PR) is a vital aspect of any business’ success. It helps to shape its image, build relationships with stakeholders and, ultimately, drive growth. Crafting an effective PR strategy requires careful planning and execution. As the new year unfolds, businesses across various industries are gearing up to formulate and implement their […] The post Hit
Togbe Afede XIV, the Agbogbomefia of the Asogli State, has strongly criticised the recent decision by the Bank of Ghana (BOG) to reduce the policy rate from 30% to 29%, describing it as nothing more than a “big joke.” The BOG’s Monetary Policy Committee (MPC) announced this cut on January 29, 2024, with Togbe Afede […] The post BoG’s 1% policy rate cut
Nana Amoasi IV, the Executive Director of the Institute for Energy Security (IES), has warned that the ongoing power cuts in parts of Ghana may persist unless immediate and deliberate actions are taken to address underlying challenges related to installed capacity and fuel supply. He emphasized that these issues significantly impact the country’s power sector. […] The post Recent
Dr. Ernest Addison, Governor of the Bank of Ghana has emphasized the pivotal role of digital technologies in shaping Africa’s future. Speaking passionately about the urgency of embracing digitization in trade and finance, Dr. Addison at the launch of the 3i Africa Summit highlighted Africa’s strengths, including a tech-savvy youth population, extensive mobile penetration, expanding […] The post
Barbara Okai-Tettey, Senior Compliance Manager at Stanbic Bank Ghana has emphasized the need for collaboration between the financial service industry and regulators to enhance the evolving use of AI in transaction monitoring. She made this statement at ‘The Fintech & Banking Event’ hosted by fintech software company, ThetaRay, at the Kempinski Hotel Gold Coast City, […] The post
By Effie AMISSAH The banking industry underpins the financial services industry in the country. Regulated by the Bank of Ghana, the industry provides an avenue where cash, credit and other financial transactions for both individuals and businesses are accessed. According to the 2023 Price Water House Coopers Banking Survey Report, the banking industry contributed GHC16.21 […] The post The
On 30th January 2024, the Court of Chancery of the State of Delaware delivered a 200-page post-trial opinion, in a stockholder derivative action, Tornetta v Musk, invalidating Elon Musk’s $56 billion performance-based equity compensation plan at Tesla, Inc. In immediate reaction, Musk posted on X thus: “Never incorporate your company in Delaware.” He followed it […] The post Elon
Kwame Pianim, a leading member of the governing New Patriotic Party (NPP) and economist, has voiced his disappointment over the recent appointment of Ken Ofori-Atta, the former Finance Minister, as the Senior Presidential Adviser and Special Envoy for International Trade by President Nana Addo Dankwa Akufo-Addo. Fatimatu Abubakar, the Information Minister-designate, defended the reassignment of […] The post Ofori-Atta’s
The Media Foundation for West Africa has attributed the closure of four radio stations in Bawku by the National Communications Authority (NCA) to what it says is the inactivity of the National Media Commission (NMC). The NCA, following a recommendation by the Upper East Regional Security Council and the National Security Ministry, shut down the […] The post NMC’s
The Director of Advocacy and Policy Engagement at the Ghana Center for Democratic Development (CDD-Ghana), Kojo Pumpuni Asante, is advocating for the elimination of the delegate system in the selection of parliamentary and presidential candidates as a measure to combat corruption in Ghana’s electoral process. This call comes in response to recent revelations by Zebilla’s […] The post Delegate
GTP, the leading household textile brand known for its high-quality fabrics, has once again thrown its unwavering support for the advancement of national heritage with the launch of its new collections for ‘Ghana Month’ commemoration. In the beautiful exquisite Retail Store in Osu, GTP, the nation’s premier textile company launched the special GTP Nustyle Ghana […] The post GTP
By Bernard BEMPONG As a result of ever-evolving business environment, auditors now face new challenges in evaluating emerging risks and controls. This is also premised on the fact that the usual traditional auditing methodologies are unable to keep pace with new business models and processes being driven by new technologies. In that regard, auditing requires […] The post
By Ernest Bako WUBONTO The Deputy Minister of Finance, Dr. John Kumah, has stressed the critical role entrepreneurs play in the socio-economic development of the country. Dr. Kumah said entrepreneurs have demonstrated over the years, especially in times of crisis like the COVID-19 pandemic, that they are the true lifeline of the economy. Dr. John […] The post Deputy
In today’s dynamic financial landscape where borders are increasingly blurred and customer demands transcend local confines, only institutions with a forward-thinking global perspective can truly thrive. Fidelity Bank, Ghana’s foremost privately-owned bank, exemplifies this ethos, consistently surpassing local standard while making its mark on the global stage. Seamless banking solutions for a connected world At […] The post
Information Minister-designate Fatimatu Abubakar has defended the reassignment of former Finance Minister Ken Ofori-Atta to a new portfolio, emphasizing his unquestionable capacity to provide valuable advice in the financial sector. “His capacity to guide or to advise in the financial sector is not lost just because he is no longer Finance Minister. if his skills […] The post Fatimatu
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