Bankers say the measures are encouraging and that they will help increase liquidity in financial institutions besides promoting credit to the private sector Dar es Salaam . The productive sector will soon find it easy to access bank loans as the Bank of Tanzania (BoT) issues new measures intended to reduce interest rates on loans […]
South African finance minister Tito Mboweni wants to forge ahead with long-touted plans to establish a state bank and suggested the government take up the central bank’s stake in African Bank Holdings Ltd and use it as a building block for the new lender. The state bank could play a crucial role in providing support […]
South African Finance Minister Tito Mboweni wants to forge ahead with long-touted plans to establish a state bank and suggested the government take up the central bank’s stake in African Bank Holdings Ltd. and use it as a building block for the new lender. The state bank could play a crucial role in providing support […]
Dr John Kofi Mensah is Managing Director of the ADB After years of underperformance, the Agricultural Development Bank (ADB) appears to have turned the corner permanently – with its unaudited half-year results showing post-tax profit growing by some 80 percent. The bank recorded GH¢55.73million for the first half of the year against GH¢30.96million in a […]
Minister for Gender, Children and Social Protection, Madam Sarah Adwoa Safo, has promised to solve all issues relating to the Ghana National School Feeding Programme (GNSFP) for its smooth operation. “Since I came into office, the School Feeding Programme has been at the heart of my agenda. I can assure you that we are working […]
Ghana’s sole agriculture bank, the Agricultural Development Bank, has begun recording consistent growth in profit as earnings went up by about 80% year-on-year to ¢55.7 million in the first half of this year. This resulted in earnings per share (EPS) inching up by about 138.6% to 21.29 pesewas. During the same period last year, EPS […]
The Deputy Minister for Lands and Natural Resources, George Mireku Duker, says the government is determined to create an attractive mining industry for people to mine responsibly and professionally. He said the fight against illegal small-scale mining, popularly referred to as “galamsey,” was not an event that could end within a day, “No, that would […]
Minster Adwoa Safo (sixth right) after meeting leadership of the caterers’ umbrella body The Minister for Gender, Children and Social Protection, Hon. Sarah Adwoa Safo has promised to solve all issues relating to School Feeding for smooth running of the programme at a meeting with the leadership of the Ghana National School Feeding Caterers Association […]
THE government has called on the Tanzania Agricultural Development Bank (TADB) to continue encouraging Tanzanians to invest in agriculture, livestock and fisheries in order to stimulate the country’s economic growth and development. Finance and Planning Deputy Minister Engineer Hamad Masauni said that adding: "Although the bank has been performing well, there was a need of […]
Dar es Salaam — The productive sector will soon find it easy to access bank loans as the Bank of Tanzania (BoT) issues new measures intended to reduce interest rates on loans and promote credit intermediation. The measures were well received by bankers yesterday as soon as the central bank officially announced them. Those who […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.