A private equity and international business consultant, Dr Richmond Odartey Lamptey, has urged commercial banks to establish impact investment funds post Ghana’s Domestic Debt Exchange Programme. Dr Lamptey noted that the DDEP had affected the ability of commercial banks to provide financial support to businesses due to some losses incurred.…
Holders of Bank accounts have been advised to add payable-on-death (POD) or transfer-on-death (TOD) beneficiaries to their accounts as the simplest way to leave to heirs any investment in the event of death. Reverend Edward Randolph-Koranteng a Banking Consultant explained that beneficiaries under POD were different from traditional beneficiaries. He…
Written by Faizal Bhana, Director Middle East, Africa, and India Jersey Finance Africa’s financial sector, particularly in banking, has witnessed significant positive developments, both innovative and disruptive. These have been driven in part by unprecedented risk factors and consumer needs that have forced rapid reform. Our recent history has been…