Business Ghana 

We are rebranding Ashanti Region as the Hub of Industrial transformation – MR. CHARLES KUSI APPIAH KUBI.

Director for Ashanti Business Executives who is also the CEO of Cooperate Vision Consult Mr Charles Kusi Appiah Kubi has made a comment that, their association want to transform Kumasi through industrialization as their next vision towards the development of Ashanti. According to him, Ashanti region has all the natural resources and skills personal who can fit into industries but… Read More
Business Ghana 

Centre for Media Analysis names CBG CEO, Most Visible Banking CEO

Chief Executive Officer of the Consolidated Bank Ghana Limited (CBG), Daniel Wilson Addo has been named the second most Visible Ghanaian Banking CEO, CMA Ratings for August, 2019. Centre for Media Analysis (CMA) aggregates information gathered by traditional and media content providers, using software to compile and analyze the information and further refined by human analysts. Upon careful analysis it… Read More
Africa Business Ghana Latest News 

SSNIT pays GH¢1.7 billion to pensioners in 2019

The Social Security and National Insurance Trust (SSNIT), has paid more than GH¢1.7 billion to over 200,000 pensioners on the pension payroll as at July 2019. It has also reduced its average benefits processing time from 21 days in 2018 to 17 days and registered 106 percent of its target leading to a sharp increase in the number of establishment’s… Read More
Africa Business Ghana Latest News 

MTN beefs up KYC in support of National Financial Inclusion Agenda

As part of activities to mark 2019 as the Year of the Customer, MTN Ghana is set to beef up its KYC (Know Your Customer) activities to support the national financial inclusion agenda. This will be done mainly through strict adherence to the regulatory requirements in accordance with SIM registration. Key activities to ensure KYC (Know Your Customer) compliance include… Read More
Africa Business Ghana 

Banks lose GHc19.1m to theft committed by own employees – Bank of Ghana report

A report prepared by the Financial Stability Department of the Bank of Ghana (BoG) has revealed that in 2018, more than 2,170 cases of fraud were reported out of which 1,239 cases were committed by banks’ staff in the form of suppressing cash or deposits from customers. The report indicates that there is a growing number of employees of banks either stealing… Read More
Africa Business Ghana Latest News 

Ghanaian private businesses  shutdown in favour of foreigners – Duncan-Williams

Archbishop Nicholas Duncan-Williams a Presiding Archbishop and General Overseer of the Action Chapel International Ministry, on Sunday, manifested sadness on how the government deliberately target, hound and kill flourishing Ghanaian-owned private business in favour of foreigners. Mr. Duncan- Willians disclosed this at his first sermon at the headquartered in Accra. In his preaching, he told his congregation the level of… Read More
Africa Business Ghana 

Controller Accountant identifies over 12,000 bank accounts belonging to MDAs

The Cash Management Directorate of the Controller Accountant General’s Department has identified over 12,000 bank accounts belonging to the Ministries, Departments, Agencies (MDAs) and the Metropolitan, Municipal and District Assemblies (MMDAs). Out of the figure, 6,000 of these accounts had been closed while the department is taking steps to reduce the numbers to an acceptable level. Mr. Siraj Tanko, Chief… Read More
Business Latest News 

Firstbank Agric Expo To Promote New Agri-Business Opportunities

First Bank of Nigeria Limited will this week hold its 2019 FirstBank Agric Expo with the theme “Agricultural Value Chain – Spotlighting Opportunities and Managing Risks”. The event which will hold in Lagos will be addressed by Professor Benedict Oramah, President of AFREXIM Bank as the keynote speaker. The bank in a statement said: “The annual FirstBank Agric Expo, launched… Read More

FRCN Opens Online Portal To Achieve 48hrs Registration

The Financial Reporting Council of Nigeria (FRCN) has unveiled an online portal which registers individuals within 48 hours relying on the database of the Bank Verification Number (BVN). The portal was developed to fast track the registration process for professionals in the country, Speaking at the unveiling of the portal in Lagos, Executive Secretary and Chief Executive, FRCN, Daniel Asapokhai,… Read More
Business Latest News 

9mobile Gets $230m Loan Facility to Boost Growth Plan

Africa Finance Corporation (AFC) has announced the approval of a $230 million loan facility for 9mobile to help it attain its long-term growth plans. The new Board and Management of Emerging Markets Telecommunication Services Limited (EMTS), trading as 9mobile, in a statement yesterday, signed by its Executive Director, Regulatory and Corporate Affairs, Abdulrahman Ado, said the approval was part of… Read More