Skip to main content

Posts

Nkoranman Community Bank targets GH¢10m capital after raising GH¢4.5m

  Nkoranman Community Bank PLC has mobilised GH¢4.5 million as it seeks to meet the Bank of Ghana’s minimum stated capital requirement of GH¢5 million by the end of 2026, while targeting more than GH¢10 million by December 2027 to support its ambition of becoming an urban community bank. The bank, based in Seikwa in the Tain District of the Bono Region, is stepping up its capitalisation drive as it seeks to meet regulatory requirements and expand lending to businesses, traders and agricultural value-chain operators. The Chief Executive Officer, Ali Maamah, said the bank was working to meet the GH¢5 million threshold before the December 2026 deadline. As of October, it had mobilised GH¢4.5 million towards the target. We will not limit ourselves to the GH¢5 million. The bank will strive to raise more than GH¢10 million in capital by December 2027 to attain the status of an urban community bank,” Maamah said. The capital drive comes as the bank reports stronger financial performance, ...
Post a Comment
Read more
Recent posts

Elevate Africa 2026: Olori Atuwatse III Calls for African-Led Solutions to Drive Continent’s Future

  Co-founder of Elevate Africa, Her Majesty Olori Atuwatsé III, has called on African leaders to build confidence in homegrown solutions and take greater ownership of the continent’s development, as preparations gather momentum for the Elevate Africa Annual Convening 2026 in Accra. Speaking at a press conference ahead of the gathering, Olori Atuwatsé III, Queen Consort of the Warri Kingdom in Nigeria's Niger Delta Region, said Africa’s development depended not only on the solutions available to the continent but also on the willingness of its leaders and citizens to believe in and implement them. Africa doesn’t lack solutions. What we lack is the conviction and the confidence in the solutions that we already have,” she emphasized. She explained that Elevate Africa was established to change how the continent approaches its development challenges by promoting African-led solutions, bringing leaders together to exchange ideas and developing the next generation of transformational lead...
Post a Comment
Read more

Twellium Wins Beverage Manufacturing Brand Of The Decade Award

  Twellium Industrial Company Limited has been named Ultimate Beverage Manufacturing Brand of the Decade at the sixth edition of the National Governance and Business Leadership Awards 2026, recognising the company’s manufacturing growth, product development and expanding regional presence. The recognition marks a significant milestone for the Ghanaian beverage manufacturer, which has built a diverse portfolio of locally produced drinks and food products since commencing operations in February 2014. In a related achievement, Verna Mineral Water received the Outstanding Environmental Sustainability Initiative of the Year award for its No Seal, Less Waste programme, which seeks to reduce unnecessary plastic packaging. The two distinctions at the National Governance and Business Leadership Awards 2026 highlight Twellium’s progress in manufacturing while drawing attention to efforts to incorporate environmental considerations into its business operations. A Decade of Manufacturing Inves...
Post a Comment
Read more

Quaranchie Wins Okaikwei South NDC Chairmanship, Marion Nyaaba Elected Vice Chair

  By Kofi Ahovi Quaranchie Nii Adama Tetteh has been elected chairman of the National Democratic Congress (NDC) in the Okaikwei South Constituency, pledging unity within the party and warning the opposition New Patriotic Party (NPP) against attempts to reclaim the parliamentary seat. Tetteh secured 1,045 votes in the constituency executive elections held on Saturday, October 24, defeating Ishmael Baby Nii Ankrah, who polled 584 votes, and Shamusu Mohammed, who obtained 86 votes. In his victory speech, the newly elected chairman declared that the constituency had become an NDC stronghold and promised to work with party members to retain the seat. The Okaikwei South seat has come to stay with the NDC, and we will protect it,” he said, sending a clear message to the NPP. He pledged to unite members at the constituency level, stressing the need to put differences arising from the internal elections behind them and work towards a common goal. Tetteh congratulated all aspirants for parti...
Post a Comment
Read more

Integrate Breast Cancer Patients into LEAP Program for Efficient Care – Dr. Wiafe Addai

 Breast surgeon and Chief Executive Officer of Peace and Love Hospital, Dr. Beatrice Wiafe Addai, has appealed to the government to extend the Livelihood Empowerment against Poverty (LEAP) programme to vulnerable breast cancer patients to improve their access to diagnosis and treatment. She said the financial difficulties confronting many patients, particularly women in rural and underserved communities, prevented them from completing diagnostic procedures and accessing timely treatment, thereby increasing the risk of late-stage diagnosis. Speaking at the MTN Y’ello Ladies Network’s breast cancer awareness outreach in Accra, Dr. Wiafe Addai said the inclusion of cancer patients from disadvantaged backgrounds in the social intervention programme would help remove financial barriers to essential healthcare. Before a disease can be treated, it must first be diagnosed. Unfortunately, screening and diagnostic services are not fully covered by health insurance,” she said. She cited core ...
Post a Comment
Read more

MTN MoMo, UNCDF Partner to Expand Digital Savings and Microloans for Ghanaian Businesses

  MTN MobileMoney Fintech Limited (MMFL) has partnered with the United Nations Capital Development Fund (UNCDF) to expand access to digital savings, microloans and business management support for micro, small and medium-sized enterprises (MSMEs) in Ghana, with a particular focus on women- and youth-led businesses. The partnership entered its second phase with the signing of a memorandum of understanding (MoU), marking a move from the design and pilot stage to scaling up digital financial services intended to help small businesses strengthen their operations, build capital and grow. Shaibu Haruna, Chief Executive Officer of MMFL, said the initiative went beyond facilitating payments to address other financial needs that are important for the long-term growth of small businesses. For us, the most important thing is that we are focusing on women and areas of real need, not just around payments,” he said. He said the programme would support services such as digital savings and group lo...
Post a Comment
Read more

MTN Ghana to Support Education Ministry’s Hotline for Reporting Abuse of School Children

  Following recent concerns over the sexual abuse of school children, MTN Ghana has agreed to support the Ministry of Education in setting up a hotline through which students, parents and other stakeholders can report sexual abuse and other forms of misconduct in schools directly to the ministry. The hotline is expected to provide a safe and accessible channel for reporting abuse, particularly in cases where complaints made through existing school authorities or education service structures are not addressed. Stephen Blewett, Chief Executive Officer of MTN Ghana, announced the company’s commitment at the presentation ceremony for the MTN Bright Scholarship programme, following an appeal by Deputy Minister of Education Dr. Clement Apaak. Blewett said the company would support the initiative and help publicise the hotline to ensure that students and members of the public could easily access it once established. “When the minister spoke to me about what’s happening in the schools, he ...
Post a Comment
Read more