Category archives for: Banking & Finance

Ghana Maintains Policy Rate on Account of Exchange Rate Depreciation

Accra, Ghana, September 24, 2018//-The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained its policy rate 17% for second time, citing disinflation pressures, second round effects of the recent increases in petroleum prices, exchange rate depreciation, effects of recent increases in taxes, and pick up in global inflation and effects of […]

Smarter Analytics for Banks

September 22, 2018//-Banks have a strong foundation in using data. New research reveals how they can get even more from their analytics investments.

Ghana: Lancaster University Honours MD of Transcorp Hotels

Accra, Ghana, September 21, 2018//-Lancaster University, a leading UK university today honoured the Managing Director/Chief Executive, Transcorp Hotels Plc, Valentine Ozigbo at the University’s Ghana campus, in Accra.

Tony Elumelu Foundation to Launch World’s Largest Digital Platform for African Entrepreneurs

September 20, 2018//-Africa’s leading entrepreneurship focused philanthropy, The Tony Elumelu Foundation, is launching the world’s largest digital platform for African entrepreneurs and the African entrepreneurship ecosystem –  TEFConnect.

Integrity in Dev’t Projects: AfDB Bans Cameroonian Firm for Fraudulent Practices

Abidjan, Ivory Coast, September 20, 2018/ — The African Development Bank Group (AfDB) on 20 September 2018, announced the debarment of GEO SCIENCES INTERNATIONAL SARL, a consulting firm based in Yaoundé, Cameroon, for a minimum period of 48 months.

Naspers to Separately List its Video Entertainment Business as MultiChoice Group on the JSE

September 17, 2018//-Naspers, a leading global internet and entertainment group and one of the largest technology investors in the world, today announced its intention to list its Video Entertainment business separately on the Johannesburg Stock Exchange (JSE) and simultaneously to unbundle the shares in this business to its shareholders.

How Secure is the Global Financial System a Decade after the Crisis?

September 15, 2018//-Great strides have been made since 2008 to prevent a recurrence of the financial crisis and recession that followed. Yet there is more debt than ever in the global financial system.

AfDB Approves Policy on Non-Sovereign Operations

Abidjan, Ivory Coast, September 12, 2018//-The Board of Directors of the African Development Bank Group (AfDB) has approved the Bank’s Policy on Non-sovereign Operations (NSO).

Ghana: SEC Orders Menzgold to Suspend Trading

Accra, September 12, 2018//-The Securities and Exchange Commission has ordered, gold trading firm, Menzgold Ghana Limited to suspend their operations with the public with immediate effect.

GCB Staff Charged for Stealing GH¢1.158 Million from Bank

September 12, 2018//-Two persons, including a banker at the Takoradi branch of the GCB Bank, have been put before an Accra circuit court for conspiring with nine others and allegedly stealing an amount of GH¢1.158 million from the bank.

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