African economies are well positioned to benefit from rapidly accelerating technological change if they can harness the current open landscape for innovation. East Africa is already a global leader in mobile payments, while mobile money accounts in sub-Saharan Africa are on an upward charge. Apart from being able to leapfrog the limitations and costs of … Read more
Otumfuo’s Money Laundering case has finally ended in the dismissal of Mr. Arthur… The staff of Ghana International Bank (GHIB), Mr. Mark Frank Arthur whose misconduct got the Asantehene, Otumfuo Osei Tutu II entangled in a money laundering case has finally been dismissed by his employers. This was after the London employment tribunal upheld the … Read more
More details have continued to pour in as hearings on Otumfuo’s money laundering saga continues to unfold… News broke few days ago, that the leader of the Ashanti Kingdom, The Asentehene, Otumfuo Osei Tutu II is being cited in an ongoing money laundering case in the United Kingdom. The case involves one Mark Frank Arthur, … Read more
The hyping Otumfuo’s money laundering story has so far received has left almost everyone confused over what actually transpired. Since Tuesday, October 11, the media has been buzzing with headlines and stories of the Ashanti Kingdom ruler, Otumfuo Osei Tutu II being named in a money laundering suit in the United Kingdom. See: How Otumfuo … Read more
Otumfuo’s money laundering case is still on, with the Ashanti King being cited for ditching laid down funds transfer procedures in moving over £350,000 from Ghana to the UK. Traditional leader of the Ashanti Kingdom, Asantehene Otumfuo Nana Osei Tutu II ,has been cited in a money laundering suit involving a bank in the United Kingdom. Otumfuo’s … Read more
Stanbic Bank Ghana has won Best Investment Bank in Ghana by Global Finance Awards at the 2017 Global Finance Awards in the UK. The award is aimed at to recognizing leading players in the Financial Services Sector globally. Part of its objectives is also to reward financial institutions which are making great strides in their respective fields … Read more
The Human Capital, and Marketing and Communications units of Stanbic Bank have extended a hand of support to the La Yahoushua Primary School in Accra in commemoration of this year’s Nelson Mandela Day. The Bank donated items worth GH¢8000 to the school pupils and also pledged to provide periodic support for the school. The items … Read more
Stanbic Bank has thrilled over one hundred International Private Banking customers at an exclusive event at Movenpick Ambassador Hotel, Accra. Dubbed: The ‘Cognac and Champagne with Chocolate Night,’ the customer engagement event was organised to show appreciation to the Bank’s International Private Banking customers for their endless support and also to get first-hand feedback on … Read more
New disruptive technologies are changing the way energy generation and distribution is understood and funded in Africa. These changes have profound implications, far beyond the energy sector. African policy makers, governments, banks, investors and global funders need to take stock of these changes and re-look at how energy is conceived and managed on the continent. … Read more
Vice President Dr Mahamudu Bawumia has said Government has began implementing policies and programmes intended to make Ghana the most business-friendly country in Africa. These include ensuring fiscal discipline, cutting the budget deficits, managing the national debt and undertaking measures to fight corruption, he said. Vice President Bawumia said this when a delegation from Stanbic … Read more
Vice President Dr Mahamudu Bawumia has said the government has begun implementing policies and programmes intended to make Ghana the most business-friendly country in Africa. These include ensuring fiscal discipline, cutting the budget deficits, managing the national debt and undertaking measures to fight corruption, he said. Vice President Bawumia said this when a delegation from … Read more
Government has begun the implementation of policies and programmes designed to make Ghana the most business-friendly country in Africa, the Vice President Dr. Mahamudu Bawumia, has reiterated. These include a keen focus on a number of priorities, including ensuring fiscal discipline, cutting the budget deficit, managing the national debt, and putting in place measures to … Read more
Ghana’s US$750 million Eurobonds which sold last year and was oversubscribed by more than five times has been adjudged the Best bond in Africa for 2016 by EMEA Finance, an international magazine that reports on emerging financial markets in Europe, Middle East and Africa (EMEA). The bond which sold at a yield of 9.25 percent … Read more
Head of Commercial Banking at Stanbic Bank, Abdul Jaleel Hussein, has hinted that the Agriculture sector can contribute more to Ghana’s GDP. According to him, the use of basic farming tools in the rural areas has not helped Ghana’s agriculture sector, stating that rapid industrialisation of the sector is required to see major boost in … Read more
Standard Chartered Bank has introduced a new way of easy banking for its loyal customers with a mobile app dubbed, “SCMobile”. Speaking at a press briefing in Accra, Retail Banking Officer at Standard Chartered Bank, Henry Baye, said the mobile app has been in existence for quiet long and doing great for customers. According to … Read more
Kenya is looking to receive up to Sh100 billion in syndicated loans by end of March as it moves to patch up the current financial year’s budget deficit ahead of the General Election, Treasury PS Kamau Thugge has said. Delays in getting the syndicated loans have been attributed to a number of factors, among them … Read more
I went on a trip to South Africa for my usual business in that country on October 11, 2016 and went through an ordeal I would like to share with others. On the said date, I saw some South Africans, Nigerians, Ghanaians and Congolese in and around the Oliver Thambo Airport in Johannesburg doing one … Read more
Ghanaians as a people are noted worldwide for their hospitality. Wherever we find ourselves as Ghanaians, we aim to leave a mark. The success story of MONUSCO Ghanbatt 12 as Peacekeeping troops in DRC was climaxed with an Outreach Programme that fed 1500 Orphans and their Caregivers in the city of Kinshasa. Ghanbatt feted 1500 … Read more
The second West Africa Property Investment Summit (WAPI Summit) has ended in Accra with a call on stakeholders to invest in other countries in the sub region. This two-day conference provided a deep dive into issues affecting the West African real estate market and a start for discussion and solutions building. The summit also tackled … Read more
The Group Chief Executive Officer (CEO) of the Standard Bank Group, Mr Sim Tshabalala, has described Ghana’s stable and resilient democratic environment as a necessary ingredient to attract private investments into the country. With the current stable political leadership enjoyed in the country, he said the economy could be assured of more private sector investments … Read more