08/28/2020
“The regulator now requires that if we are to pay dividends this year, we get approval from CBK on the size of payouts. The boards of banks intending to pay dividends will really have to justify the decision.”
08/28/2020
Justifying the need for the banking sector clean-up, he said the country's financial sector was very fragile and, therefore, needed such a drastic measure to save it from collapse.
08/28/2020
Governor of the BoG, Dr Ernest Addison, explained at the time that the central bank had "to take tough but necessary steps to clean up the banking sector and reposition it to support the economic growth and transformation agenda of Ghana".
08/27/2020
The second phase has also allowed the movement of monies between and among telecommunication operators, banks, and e-zwitch accounts in a seamless manner –and the flow is vice versa, to complete the Financial Inclusion Triangle.
08/27/2020
With around 40,000 passports believed to have been issued through investment migration programs globally, citizenship by investment is now estimated to be a $3 billion industry.
08/26/2020
The banking industry has walked step by step with clients, restructuring in excess of Sh840 billion (up from Sh360 billion in June), which is a remarkable demonstration of the industry’s ability to anchor the economy over the short to medium term.
08/26/2020
The most fundamental implication for direct marketing, broadly speaking, is that while the CPA provides rights and remedies for consumers which allows them to “opt-out” of direct marketing