Finance
Bailout request: IMF Mission team arrives in Ghana to conduct second review
Mission Staff from the International Monetary Fund (IMF) have arrived in Ghana to conduct a second review of Ghana’s IMF-supported programme which will pave the way for the third installment of the $3 billion bailout request.
On April 2, the
BoG CRR directive to absorb GHS16.2 billion in liquidity
Fresh analysis from Black Star Brokerage indicates that approximately GHS16.2billion – $1.2 billion – could flow from banks to the Bank of Ghana (BoG) once the new Cash Reserve Requirement (CRR) policy becomes effective.
This would result in a tighte…
Women in banking: Nearly half at entry level, only 27% in management – PwC report
The nation’s banking sector is making progress toward gender equality but there is still a significant climb to reach the summit, a recent PwC report titled ‘Changing Currency’ has said.
The report, with the tagline ‘examining trends and challenges o…
Hubtel annouces completion of commercial agreement with ECG
Hubtel, a leading Ghanaian payment services provider, today announced the completion of commercial agreements with the Electricity Company of Ghana (ECG), the country’s biggest power distributor. This partnership has transformed ECG’s operations and i…
Stanbic Bank Ghana records significant growth in 2023
Stanbic Bank Ghana defied economic headwinds to achieve record-breaking financial results in 2023. The bank reported a profit after tax of GHS1.3 billion, representing a significant increase, and a total income of GHS3.3 billion, representing a signif…
Women in business must be empowered to grow – Dr Kweku Arthur-Annobil
Dr. Kweku Arthur-Annobil, Strategy Lead and Business Manager (BCB) at Stanbic Bank, has urged regulators and business leaders in the financial sector to support female entrepreneurs to grow and expand their businesses. He made this statement at the …
Nigeria to almost triple energy prices, keep subsidy for poor
Nigeria plans to almost triple energy prices within weeks, people in the presidency with knowledge of the matter said, in a bid to attract new investment and slash about $2.3 billion spent to cap tariffs.
Power companies will be allowed
KATH renovation: Bawumia steps in to clear items at Tema Port for project
Vice President Dr. Mahamudu Bawumia has intervened to expedite the release of vital construction materials at the Tema Harbour for the renovation efforts of the Komfo Anokye Teaching Hospital (KATH).
The shipment, which includes crucial imported tile…