Tag Archives: Business

As part of its strategic branch expansion objective to provide for the specialised needs of businesses and residents within the Lashibi and neighbouring communities, Access Bank has relocated its old branch at the UBI Petroleum Station to an ultra-modern building on the main Lashibi Road, opposite Farm Vivian. The newly …

The Central Bank of Kenya (CBK) has published new regulations quadrupling the penalties that commercial banks will pay for failing to disclose the true cost of credit to customers, sustaining the pressure on the lenders already feeling the heat from the law capping interest rates. The draft regulations on penalties …

A former Presidential staffer, Dr. Clement Apaak has dragged the Ghana Revenue Service to court over the implementation of the 3 percent VAT Flat Rate Scheme (VFRS). According to Dr. Apaak the scheme has no justifiable legal basis in the 2017 VAT Act passed by Parliament earlier this year. This comes on …

Ghana is the 18th most attractive economy for investments flowing into the African continent — that is according to the latest Africa Investment Index (AII) by Quantum Global’s independent research arm, Quantum Global Research Lab. In 2016, Ghana attracted a net foreign direct investment of $3.5 billion, and according to research …

The United Bank for Africa (Ghana) Limited, on Saturday won “Best Bank – Product Innovation and Services” for its innovative cash transfer product across Africa – Africash – at the just concluded Ghana Banking Awards which was held at the Labadi Beach Hotel in Accra. The prestigious annual event was …

Two commercial banks [names withheld] could soon be closed down by the Bank of Ghana (BoG) if they fail to secure emergency funds to recapitalize their operations. The Central Bank is being forced to take this action as part of some requirements before Ghana can go to International Monetary Fund (IMF) …

The President Nana Akufo-Addo has stated that the International Monetary Fund (IMF) programme that Ghana is currently undergoing is not going to be extended. He said, “There is no question of the IMF being extended, It will end as agreed in April 2018.” There were earlier media reports suggesting the likely extension …

Express Capital, an indigenous Microfinance Company, which has been in operation for five years, has acquired a Savings and Loans license from Bank of Ghana. The Company will now operate as Direct Savings and Loans Limited. Customers of the company have enjoyed excellent service delivery, thanks in great part to …

Ghana’s new premium iptv service provider, Ziptv® has partnered with MTN Ghana to take the consumption of content in Ghana to greater heights. Ziptv’s premium channels and On Demand videos will give television lovers access to stream thousands of movies and TV shows from world class local and foreign channels. …

As part of activities to strengthen the ties between Britain and Ghanaian businesses, a delegation of government officials through the UK-Ghana Chamber of Commerce (UKGCC) called on the CEO of the London Stock Exchange (LSE) to deliberate on business issues that seek to benefit Ghana and its citizens. Led by …