Dun & Bradstreet (D&B), an international business service company that promotes financial infrastructure and provides credit risk facilities, yesterday held a workshop for insurance providers and financial institutions in Accra. According to Adebowale Atobatele, General Manager for Dun & Bradstreet Credit Bureau Ltd, the workshop is to educate insurers, banks and lenders on how to … Read more
The National Investment Bank (NIB) has hosted a five (5) day workshop on Financial Modeling for Project Finance in Accra. The workshop was held in collaboration with AADFI (Association of African Development Finance Institutions). AADFI is an International organization with over 80 member Development Finance Institutions (DFIs) across Africa with multilateral DFIs from Asia and … Read more
Business laws and regulations are made to protect consumers and uphold the integrity of commerce MODERNIZING GHANA’S BUSINESS LAWS: The case for replacing the Borrowers and Lenders Act with a personal property security act and amalgamating the registry system Business laws and regulations are made to protect consumers and uphold the integrity of commerce. However, … Read more
The President believes that private sector led growth is the surest way for Ghana to sustain economic growth. Hence, the President’s maiden budget focused on tax cuts to create space for businesses to thrive. The President has also created the Ministry of Business Development to promote this goal and has tasked his economic team with … Read more
The hierarchy of the Money Lenders Association of Ghana (MLAG) has encouraged members of the Association to adopt credit reference bureaus as a strategic response to the high rate of loan defaults, which have caused significant losses among the lenders. This, the National Board Chair of the Money Lenders Association of Ghana, Regina Kumi, said … Read more
Failure to pay electricity, water and telephone bills could now land Kenyans on the list of defaulters at the credit reference bureau and deny them access to loans. The noose is tightening on bad debtors, with settling of Sacco loans now also added to factors — which will from January 2017 be used to determine … Read more