Ghana’s drive towards the development and execution of an ambitious energy transition framework has come to the forefront as Minister of State at the Finance Ministry, Mohammed Amin Adam, emphasized the significance of establishing electric charging stations to bolster the country’s electric vehicle revolution. During his speech at a conference on Climate Finance for Sustainable […]

The Bank of Ghana has taken action against Fidelity Bank and First National Bank Ghana by suspending their forex licenses for one month starting June 29, 2023. Besides the license suspension, the two banks have been fined 1000 penalty points for violating sections 3.4, 3.5, and 3.9 of the Ghana Interbank Forex Market Conduct rules. […]

A group of disgruntled customers from the defunct Gold Coast Fund Management has urged the government to investigate the Economic and Organized Crime Organization (EOCO) activities comprehensively. They claim that EOCO has failed to produce a server crucial to a court case. This server, belonging to the now-defunct Gold Coast Fund Management Company, contains backup […]

Fidelity Bank has restated its commitment to pursuing an ambitious strategy focused on sustainability, social impact, and responsible corporate practices. The bank has established a dedicated department called Partnerships, Sustainability & Corporate Social Responsibility to drive this agenda. This new department will collaborate with all other business departments to integrate sustainability principles into all aspects […]

Linda Yaccarino, a former NBCUniversal marketing executive, is set to become the CEO of Twitter, taking over from Elon Musk. Yaccarino recently announced the hiring of Joe Benarroch, a former NBCU executive, to join her at Twitter. She hinted at starting her new job soon with a tweet about the New York skyline, indicating a […]

In Ghana, the Bank of Ghana has taken significant steps to enhance the cybersecurity landscape for the banking and financial services industry. One of these measures involves establishing the Financial Industry Command Security Operations Centre (FICSOC), which aims to prevent, rapidly detect, share information, and respond to cyber threats targeting the industry and the nation. […]