CEO of COCOBOD, Joseph Boahen Aidoo Even before the Côte d’Ivoire-Ghana Cocoa initiative headquarters is fully established in Accra to champion the welfare of cocoa farmers in the two countries, some minor cocoa-producing countries on the continent have applied to join the group. The Ghana-Côte d’Ivoire Initiative was promulgated by the two leading producers of […]
Category: Ghana Business
KiDi says he’s ‘got his eyes’ on actress Nana Ama McBrown
Listen to article Ghanaian music star Dennis Nana Dwamena also known as KiDi has been spying popular actress Nana Ama McBrown for all the right reasons. Signed to Lynx Entertainment, KiDi says he’s been silently watching and learning from the actress and TV personality. A firebrand and a go-to for most brands, Nana Ama McBrown […]
EU-EMAGIN project engages sector players on access to finance
EU-EMAGIN project The European Union-funded E-MAGIN project has organised a two-day Progress and Access to Finance workshop in Takoradi for forty selected Micro Small, and Medium-Sized Enterprises (MSMEs) in the e-waste sector in Central and Western Regions of Ghana. The purpose of the workshop was to connect Micro Small and Medium Enterprise (MSME) under the […]
Nigerian Customer Accuses Ecobank Of Monthly Illegal Deductions In Account
A Nigerian man, Ali Fagba, has accused Ecobank of illegal monthly deductions from his bank account. Speaking to SaharaReporters, Fagba claimed he realised about N12,000 disappeared in his account in July but he was told it was deducted because he was owing an online company. He said he decided to write the company but got […]
A lot of people retire with a big house, but can’t buy food – Paul Kofi Mante
The Managing Director of Ecobank Development Corporation Investments Ltd (EDC), Paul Kofi Mante has said many people retire without plans to maintain cash flow in their lives. In expressing his worry, he said, “A lot of people retire and are rich in assets, but poor in cash flow. This means they may have a big […]
Ecobank creates advocacy platform for Youths
Ecobank Nigeria has said that it is creating a special platform to celebrate Nigerian youths as part of activities to commemorate International Youth Day which holds annually on 12th August. Head, Direct Banking, Adetola Oshomah, said the bank, as part of its Mobile Xpress (MX) Online Series, will host a symposium with the theme: “Finding […]
SSNIT loses US$11 million from liquidation of 3 investments – A-G report
SSNIT made a loss of US$11,794,109 from the liquidations of three of its investments The Social Security and National Insurance Trust (SSNIT), according to the Auditor-General’s report on the public accounts of Ghana, public boards, corporations and other statutory institutions for the period ended 31 December 2020, made a total loss of US$11,794,109 from the […]
GH¢ 62,837’s GFZA Cash Lost During NDC Regime Aide To Immediate Past Free Zone Boss Set Records Straight
Mr Ernest Amoah, the Special Aide to the Chief Executive Officer (CEO) Ghana Free Zones Authority (GFZA) Michael Okyere Baafi, has stated that Ghanainans should responsible for the former government of the National Democratic Congress (NDC) under former President John Dramani Mahama for the missing of GH¢ 62,837 belonging to the Ghana Free Zones Authority […]
Kweku Nimfah-Essuman: Resilience in the midst of uncertainty
The financial meltdown which caused the recession of 2008 to 2010 was triggered by shocks in the banking system. In fact, many economic downturns in the past such as stock-market crashes and debt defaults had financial-system origins but the current recession which has also hit Ghana is different as it was triggered by a global […]
ADB leads in profit growth rate as banks remain profitable in 2021
Data from the financial statements of about 60% of banks in the country for the first half of the year 2021, shows promising increases in profits for some and some slowdown in profit growth for others. This can be gleaned from the Summary Statements of Comprehensive Incomes of 13 of Ghana’s top banks covering January […]