Magnolia Facial & Body Med Spa officially opened on Tuesday, Owner Audrey Gail Shasteen celebrated by holding an open house offering tours of the new business as well as charcuterie, drinks and door prizes as well as a ribbon cutting ceremony. – Staff Photos by Katelyn Lawson Is anyone in need of a little self-care? […]
Category: Ghana Business
Ghana, MCC agree December 31 deadline for new power concession
The new concessionaires will manage the assets of state-owned power distributor, ECG The Ghana government and the Millennium Challenge Corporation (MCC) have agreed on a December 31 deadline for the establishment of a new power concession. This revelation follows the termination of the concessionaire agreement between Ghana government and Power Distribution Services Ltd (PDS) on […]
PZ Cussons Ghana crowns ‘Cussons Baby’ of the year 2019
Consumer goods group, PZ Cussons Ghana has crowned ‘Cussons Baby’ of the year 2019 in Accra. Season 2, which was climaxed last Sunday, saw entries double from the previous season with over 1000 baby entries. 10 finalists who were selected through a series of voting and judging, were given a free professional photo shoot with […]
‘Growing a bank is not a sprint, it’s more than a marathon’— Frank Adu advises local banks
Frank Adu Jnr, outgoing Chief Executive Officer of CAL Bank The outgoing Chief Executive Officer of CAL Bank, Frank Adu Jnr has advised Managing Directors of local banks to go through the required and legal processes to grow their banks. He cautioned that it is very dangerous for owners of local banks to take depositors’ […]
Here is an advice from the outgoing CEO of CAL Bank, Frank Adu to local banks that want to grow
In December 2018, the Bank of Ghana completed a cleanup exercise of the sector. By the end of the exercise the licences of 9 local banks had been revoked. However, the CEO of CAL Bank says it is prudent to follow the rules in the sector in order to grow. The outgoing Chief Executive Officer […]
Societe Generale Ghana donates towards National Farmers’ Day celebration
Science Farmers Donation Societe Generale (SG) Ghana Bank has donated ¢50,000.00 to the Ministry of Food and Agriculture towards the commemoration of the 35th National Farmers’ Day. The annual, slated for Friday, December 6, is under the theme, “Enhancing Small Scale Agriculture towards Agribusiness Development”. Finance Minister Ken Ofori-Atta, in September this year, launched the […]
Nigerian Banks: A Season of Mixed Performance; Reviewing The Growth Numbers
To provide Investors with clearer insight into how well banks did on a comparative basis in the 9 months to September 2019, a brief summary of comparative data was put together by Proshare and its associate analysts to put context to the three-quarter performances of selected local deposit money institutions. Proshare Nigeria Pvt. Ltd. Total […]
Ecobank Transnational Incorporated Appoints Deepak Malik As A Director; Monish Dutt Departs
Mr. Deepak Malik has been coopted to the Board of Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group as a Non-Executive Director. Deepak Malik joins the ETI Board of Directors as a nominee of Arise B.V. ("Arise") which now holds a 14.1% equity stake in ETI following its purchase of shares previously […]
Ecobank fighting against NCDs in Togo
Ecobank fighting against Non-Communicable Diseases in Togo as it marks the 7th Edition of Ecobank Day ECOBANK IS COMMITTED TO VARIOUS CAUSES TO BETTER ADDRESS THE CHALLENGES FACING THE CONTINENT, WITH THE AIM OF BRINGING REAL CHANGE TO AFRICA Ecobank (www.Ecobank.com) in collaboration with the World Health Organization in Togo, and the Ministry of Health […]
Banks should take on more risks – ADB boss
With increased capital, banks should take on more strategic risks by booking more loans and supporting local businesses to grow, Dr. Kofi Mensah – Managing Director of Agricultural Development Bank (ADB), has said. “I am expecting incremental funding into the private sector, and the Ghanaian banks are more welcoming when it comes to injecting capital […]