Tag: AI
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Pharmaceutical Society charged to utilize AI to transform industry
Ghanaian businessman and Chancellor of the University of Cape Coast, Sir Samuel Esson Jonah is encouraging pharmacists across the country to leverage the emergence of Artificial Intelligence (AI) to better position the pharmaceutical industry for economic growth. This, he explains can be achieved by deepening collaborations with other technological bodies to offer world class pharmaceutical…
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Govt. urged to commit more investments to enhance AI competencies
Government has been encouraged to commit more investment towards building the competencies of the student population in using Artificial Intelligence (AI) to help transform the country in the technological space. This, according to Deep Learning Indaba, a non-profit organization will strengthen machine learning and promote African innovators towards economic resilience. Delali Agbenyegah is one of…
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Corporate bodies urged to use AI to improve productivity
Stakeholders in the tech industry are urging corporate bodies in the country to leverage artificial intelligence (AI) to enhance their competitiveness in the globalized marketplace. The call comes on the back of the rapidly evolving landscape where AI technologies have proven to be instrumental in transforming businesses worldwide. Chief Executive Officer of Web and Software…
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Average interest rate on deposits stays at 10.4%
The average interest rate on customer deposits among commercial banks, remained unchanged at 10.4 percent in December 2017. According to the Bank of Ghana’s Annual Percentage Rate (APR) and Average Interest (AI) report, of the thirty-one banks that were surveyed, Bank of Africa offers the highest interest rates on customer deposits at 16.1 percent. Standard Chartered Bank…
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Average interest on deposits drops marginally in June – BoG report
The average interest offered by banks on customer deposits dropped by 2.67 percent between May and June 2017. According to the latest Annual Percentage Rates (APR) and Average Interest (AI) report by the Bank of Ghana, the figure declined from 11.2 to 10.9 percent within the one month period. Although its rate has dropped marginally, Omnibank…
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Banks’ interest rates drop marginally – BoG report
Interest rates of banks have seen marginal declines between April and May 2017. An assessment of the average interests charged by the commercial banks on loans and advances shows that the banks have generally reduced their interest rates. The interest rates on loans and advances have declined between 0.3 and 1.8 percent. According to the…