Rising savings, increasing cross-border payment activity and growing participation in formal financial systems are emerging as some of the clearest indicators yet of substantial pent-up demand for economic activity across the continent. The latest numbers from Standard Bank, the parent company of Stanbic Bank Ghana, show a buildup of deposits by 12% to R2.5 trillion, […]
Standard Bank’s Head of Africa Research projects Ghana’s economy will expand by 5.9% to 6.1% in 2026, buoyed by structural support from gold mining expansion, critical infrastructure projects, and improved foreign exchange buffers. The economy’s stronger-than-expected 2025 performance, achieving 6% growth against initial forecasts of 5.6-5.8%, has strengthened confidence in the medium-term outlook. Speaking at […]
Executives of the Standard Bank Group have visited the Chief Executive of the Ghana Cocoa Board (COCOBOD), Joseph Aidoo Boahen. The Executives were at his office on Tuesday, May 28, 2019, in Accra, to among other things, learn about the operations of the Ghana cocoa sector as well as to find out ways in which […]
