Only 32% of Ghanaian salaried workers are able to save due to poor pay – New study

A new study has revealed that only 32.2 per cent of salaried workers in Ghana can make savings, highlighting the financial strain faced by the majority of employees. The research, conducted by Prof Smart Sarpong of the Kumasi Technical University, attributes the low savings rate to inadequate salaries, particularly within the private sector, where workers remain the most poorly paid.…

Agbodza threatens to terminate Enchi–Elubo road contract over delays

Roads and Highways Minister, Kwame Governs Agbodza, has threatened to terminate the contract for the stalled Enchi–Elubo road project in the Western North Region over persistent delays by the contractor. During an inspection of the 71.25-kilometre stretch on Tuesday, 12 May, the Minister criticised Top Engineering International Ltd. for failing to resume work despite receiving a GH¢80.2 million mobilisation payment…

Shaibu Haruna calls for stronger consumer protection to back Africa’s fast-growing digital lending

Chief Executive Officer of MobileMoney Fintech Limited, Shaibu Haruna, has called for stronger consumer protection frameworks to underpin Africa’s fast-growing digital lending ecosystem. He warned that financial inclusion without safeguards could do more harm than good. Delivering a keynote address on responsible digital lending and consumer protection at the opening of the 3i Africa Summit in Accra, Mr Haruna stressed…

Republic Bank brings water relief to Volta schools with solar-powered water projects

Imagine going to school every day without knowing where your next drop of water will come from. That has been the reality for students and staff at Adidome Senior High School and Taviefe Senior High School in the Volta Region – for years. But not anymore. Republic Bank (Ghana) PLC has officially commissioned two mechanised electric and solar-powered borehole systems…

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