Ghana Stock Exchange (GSE) The Ghana Stock Exchange (GSE) has gone through a lot of barren periods in recent years. Between 2015 to 2019, the only year it returned a positive was in 2017 when the market gained 52.73%. The rest of the years has been negative. -11.77% in 2015, -15.33 in 2016, -0.29 in […]
President Nana Dankwa Addo Akufo-Addo is coming under an intense and ever rising pressure from anti graft bodies and a section of the public demanding full disclosure of actions taken after investigations into the botched fraud involving the concessionaire agreement that handed over assets of the Electricity Company of Ghana, (ECG), to the Power Distribution […]
Frank Adu Jnr, former CAL Bank Managing Director Have you ever wondered how an individual with no banking blood in his veins could transform a fledgling bank in ten years? Frank Brako Adu Jnr, a native of old Tafo seems to have an innate instinct for what works – and what does not – at […]
President Nana Addo Dankwa Akufo-Addo is coming under intense pressure from anti-graft bodies and a section of the public demanding full disclosure of actions taken after investigations into the botched fraud involving the concessionaire agreement that handed over assets of the Electricity Company of Ghana, ECG to the Power Distribution Services (PDS). The development follows […]
Mr Ekow Afedzie, Managing Director of the Ghana Stock Exchange The performance of stocks listed on the Ghana Stock Exchange (GSE) remains subdued as the lingering effects of the COVID-19 pandemic weigh heavily on them. The bourse in the second quarter of the year recorded its worst performance over the past 18 months as prevailing […]
Mrs. Alberta Quarcoopome sees a mix of human and tech-based customer service delivery to be crucial Banks will have to combine both digital and brick and mortar customer support efforts in their quest to enhance and sustain customer experience in a digital banking era, banking consultant and Chief Executive Officer of Alkan Business Consult, Alberta […]
The Governor of the Bank of Ghana (BoG) has revealed that some internal staff of banks collaborated with fraudsters in recent mobile money scam that hit the financial sector. Dr. Ernest Addison revealed that the practice saw some of the bank’s own staff collaborated with these fraudsters to defraud customers of these banks. He maintained […]
Eric Nana Nipah, Receiver for collapsed S&L’s & Finance Houses Pressure group Alliance for Social Equity and Public Accountability (ASEPA) has said less than 15 percent of customers of the nine banks that were collapsed by the Bank of Ghana , have been fully paid their deposits. A statement from ASEPA signed by Mensah Thompson, […]
The African Institute for Mathematical Sciences (AIMS), Ghana, a Google-backed research institute will be setting up its research centre within Silicon Accra Technology City at East Legon Hills. The Acting President of AIMS Ghana , Dr. Prince K. Osei says AIMS had begun arrangements to construct a campus (research centre) within Silicon Accra Technology City […]
Mr Philip Owiredu BANKS in the country will require some magic to deliver a strong performance in the second quarter, the Managing Director of CAL Bank, Mr Philip Owiredu, has stated. He said if COVID-19, which was serious in just one month in the first quarter, could have a negative impact on the performance of […]
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