Author - Daniel Asamoah
03Mar

Good Corporate Governance can lead to poverty reduction – IoD-Ghana

Mr Rockson Kwesi Dogbegah, President, Institute of Directors Ghana (IoD-GH) says with the right implementation of effective regulatory policies, good corporate governance can help reduce poverty and promote transformation. He said good corporate governance with the right regulatory framework would improve incomes and decrease poverty. Mr Dogbegah, speaking at a meeting of the Project Management Institute, said the importance of Corporate...

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03Mar

We’re cautious in piloting e-Cedi, we’re not taking any risk – BoG

The Bank of Ghana says it has adopted a cautious approach with the piloting of the digital currency – the e-Cedi, despite anticipation of the introduction of the electronic currency by a cross-section of Ghanaians. According to its Head of Innovation and Fintech, Kwame Oppong, the Central Bank is following the due process in piloting of the digital currency and...

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03Mar

Banks, financial institutions tell customers to update records with Ghana Card in line with BoG directive

Banks and Financial Institution operating in Ghana have reminded customers of the directive by the Bank of Ghana (BoG) regarding the use of of the GhanaCard as the only form of identification for financial transaction staring July 1. Stanbic Bank in a message to customers said “In accordance with BOG regulations, the Ghana Card will be the only ID card...

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03Mar

We’ve made progress with securing armoured bullion vans; Interior Ministry slowing us

President of the Ghana Association of Bankers, John Awuah, has disclosed that banks in Ghana have made significant progress in acquiring armoured bullion vans for the transportation of money across the country. Speaking in an interview on Joy FM’s Midday News on Wednesday, he stated that, in compliance with previous admonitions by the Police, many indigenous banks in the country...

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03Mar

Interest rates continue to surge

Interest rates continue to surge on the domestic market as challenges within the fiscal economy lingers on. According to the auctioning results of the weekly Treasury bills by the Bank of Ghana, interest rates of the short term financial instruments went up marginally by 0.03% on the 91-day and 182-day T-Bills. Whilst, the 91-days Treasury bill went for 12.91%, the 6-months...

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03Mar

Access Bank appoints first female Executive Director

Access Bank Ghana Plc. has appointed its first female Executive Director to lead the bank’s Retail and Digital Operations. Pearl Nkrumah, the newest addition to the nine-member Access Bank Ghana Board, assumed duty early February 2022. Pearl brings a wealth of banking experience to the board, with over twenty-three years’ practice in various capacities in multinational banks, with footprints across...

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22Feb

Be on guard against financial scams – First National Bank advises

Financial services providers are continuously ramping up efforts to combat fraud with cutting-edge technology. But even with all this effort, end-users of financial products can and should actively participate in fraud prevention. “The simplest way for consumers and businesses to support fraud prevention is to pay attention to fraud education and updates from service providers,” the Chief Operating Officer at First...

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22Feb

CBDC to help bridge digital divide for women and youth in Africa

Co-Founder and Managing Partner of Koranteng & Koranteng Legal Advisors, a corporate and commercial law firm in Accra, Ghana, Afua Adubea Koranteng, has said a Central Bank Digital Currency (CBDC) could serve as a catalyst in bridging the digital and financial divide faced by women and youth entrepreneurs. Speaking on the theme ‘Policy Impacts of a Potential CBDC for Women...

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22Feb

SEC strengthens its efforts to end Ponzi scheme operations

Director-General of the Securities and Exchange Commission (SEC), Rev. Daniel Ogbarmey Tetteh, has noted that efforts to apprehend operators of pyramid or Ponzi schemes have been enhanced. According to him, the Commission has solidified its collaboration with law enforcement agencies in the country as the trend has proven to be worrying. In view of this, Rev. Ogbarmey Tetteh stated that perpetrators...

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22Feb

Nana Akyaa Obeng-Adiyiah appointed as GEXIM DCEO

Mrs. Nana Akyaa Obeng-Adiyiah has been appointed as the Deputy Chief Executive Officer (Finance & Administration) of Ghana EXIM Bank. Her appointment takes effect from 23 February 2022. She is a seasoned Banker, Development Finance Expert and Business Development Strategist. She has over 15 years’ multi-sectoral corporate experience, of which 10 years have been at senior management positions in multinational banking...

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