Accra, Ghana//-Bayport Savings and Loans PLC has attributed its strong performance in the first half of 2025, surpassing the full year of 2024, to three key factors which drove the company’s growth.
Category: Banking & Finance
BoG Directs Banks to Stop Foreign Currency Cash Payments to Large Corporates Without Deposits
Accra, Ghana//-The Bank of Ghana (BoG) today directed all commercial banks, with immediate effect, to halt the payment of foreign currency cash to large corporates if such payments are not backed by deposits.
Market Analysis: South African Equities Under Pressure Following Hotter Inflation Data
South African equities opened lower on Wednesday, reflecting divided sector performance. Utilities, communications, and consumer non-durables led the outperformers, while health services, energy minerals, and process industries weighed on the JSE All Share Index.
Access Bank Ghana Pays Final Dividend To Shareholders
Access Bank (Ghana) Plc announced that at its 17th Annual General Meeting held on 20th June 2025, the shareholders of the Bank approved the payment of a final dividend per share of GHS0.3645 for the financial year ended 31st December 2024.
Backbase, African Banker Launch Landmark Report on the Future of Digital Banking in Africa
London, United Kingdom//- Backbase, the global leader in Engagement Banking, in partnership with the African Banker magazine, has launched the inaugural report in the Africa Digital Banking Experience Series 2025, a timely publication that explores the transformation of banking across the continent in an age of hyper-personalisation, AI integration, and financial inclusion.
African Finance and Dev’t Leaders Propose Transformative Action to Address the Cost of Capital
Johannesburg, South Africa// – The Financing Africa Forward Summit, co-hosted by Standard Bank and Africa Practice, in partnership with the ONE campaign and APRM, marks a pivotal moment in the ongoing campaign to address the costs African issuers of debt face.
BADEA Approves $120 million to Support Shelter Afrique Dev’t Bank Capitalisation Program
Nairobi, Kenya// – Shelter Afrique Development Bank (ShafDB) has announced the signing of a strategic agreement with the Arab Bank for Economic Development in Africa (BADEA) to support its transformative capital increase initiative.
Nutrifoods Ghana Limited Recalls Product
Our attention has been drawn to incidents of bloating in Tasty Tom Enriched Tomato Mix pouches and Cans (210g and 400g) by the FDA and National Security. We have therefore been directed by the regulator to issue this recall, whilst we investigate the root cause of the problem. The following products are hereby being recalled […]
The CX Blind Spot in the Boardroom: Why Empathy Alone Won’t Save You
In strategy rooms across Ghana and other parts of Africa, empathy often comes up in Customer Experience (CX) conversations. “Walk in the customer’s shoes.” “Put people first.” “Humanise the journey.” These phrases are shared across industries. But despite this, many policies still end up frustrating customers instead of serving them well.
Ecobank Group Reports $398 Million Profit Before Tax in First Half of 2025
Lome, Togo?/ – Ecobank Group today announced unaudited financial results for the first half of 2025, reporting a 23% year-on-year increase in profit before tax to $398 million.