[ad_1] In a recent statement, the flagbearer of the New Patriotic Party (NPP), Vice President Dr. Mahamudu Bawumia, expressed his disappointment at the criticisms directed towards his proposal for a credit scoring system by opponents who he says lack understanding of its potential benefits to ordinary Ghanaians. Dr. Bawumia highlighted that the system aims…
[ad_1] The World Bank on Friday, May 31, 2024 approved a $250 million International Development Association (IDA) credit for a five-year Ghana Financial Stability Project. The project will support Ghana’s Financial Sector Strengthening Strategy (FSSS) by contributing to financial stability through the recapitalization of viable Banks and Specialized Deposit-taking Institutions (SDIs) impacted by Ghana’s…
[ad_1] The Jospong Group of Companies (JGC) has signed a mouthwatering Memorandum of Understanding (MoU) with EKI Energy Services Ltd, with the aim of catalyzing carbon credit development in Ghana. This strategic collaboration seeks to mobilize an impressive USD1 billion in carbon credit financing, with a commitment to creating over 1000 job opportunities by 2030…
[ad_1] Readers may recall a recent essay on this site challenging a claim by the Vice President (Veep) of Ghana that the government will, for the first time, be introducing individualised credit scoring in Ghana, made possible by the Ghana Card. Ghana’s Credit-Scoring Situation Two main points were canvassed: Credit scoring in some form and at some…
[ad_1] Franklin Cudjoe Ghana’s leading credit bureau, XDSData, has rubbished the false claims made by the two senior officials of Policy Think Tank Imani Ghana, Franklin Cudjoe, who is the President, and his Vice, Bright Simons, claimed a personalized credit scoring system exists in Ghana that it has been producing credit score in Ghana….
[ad_1] The Spokesperson and Economic Adviser to the Vice President, Dr Gideon Boako has challenged Bright Simons and Franklin Cudjoe to apologize for some misleading comments they made regarding Vice President Bawumia’s statement on the credit scoring system in Ghana. While addressing the 57th graduation of the Kwame Nkrumah University of Science and Technology (KNUST)…
[ad_1] M-KOPA, a leading African fintech platform, today announced the official launch of its flexible digital financing model in Ghana following a successful pilot phase. The strategic move to expand its operations makes Ghana the second West African country for the company, strengthening its Pan-African footprint to provide financial and digital inclusion for underbanked customers. The…
[ad_1] Vice President Dr. Mahamudu Bawumia The Genesis of the Affair A strange uproar has been rising on Ghanaian social media since the country’s Vice President announced during a speech at the country’s largest university that his government will introduce a credit scoring system next year. This revolutionary development aims to lower the perceived risk of borrowers so that…
[ad_1] Gary Lineker, Alan Shearer and Micah Richards reminisce about Olivier Giroud’s amazing assist for Arsenal against Norwich, and suggest the Frenchman’s career “doesn’t get the appreciation” it deserves. Listen to the MOTD Top 10: Assists, only on BBC Sounds, and watch the first five episodes on BBC iPlayer. Available to UK users only. More…
[ad_1] The Chief Executive Officer of Amansie Rural Bank PLC, Frederick Kwakye Kyei, says most employees migrating from Ghana often leave without repaying their loans. According to him, the trend is negatively affecting the rural banking sector. This follows revelation by the Ghana Registered Nurses and Midwives Association (GRNMA) that about 4,000 members were cleared…
