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Cedi depreciation eroding all our profits—GUTA to gov’t

The meeting which was held at the offices of GUTA in Accra had the government team compromising the Finance Minister, Ken Ofori-Atta, Deputy Finance Ministers, Kwaku Kwarteng and Abena Osei Asare, and the Chief Director at the Ministry Patrick Nomo., with GUTA President Dr. Joseph Obeng

The Ghana Union of Traders Association (GUTA) is pleading with government to put in the necessary measures to stabilize the cedi from further depreciation against the dollar. According to the traders, the recent depreciation of the cedi against the dollar has eroded their profits, since imports were made before the depreciation was recorded. The cedi is said to have depreciated ...

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Fintechs have 6 months to meet new cyber security standards—BoG warns

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The Bank of Ghana (BoG) has urged all fintechs operating in the country to improve their cyber security systems to meet international standard requirements ahead of the passage of the Payment Systems and Services Bill by end of 2018. According to the central bank, the new law will take into account technology, innovation, and consumers’ demand for better services. Speaking ...

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Patrons empowered at #CitiBizFestival’s Sales Revolution

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Citi FM/Citi TV’s two-day Sales Revolution ended in Accra on Friday at the Coconut Grove Regency Hotel. The about 130 participants of the Sales Revolution were empowered by sales experts, Maxwell Dodd and Mawuli Ocloo, who showed them keys to excel in their sales work and achieve their targets. The participants comprised sales personnel from top companies in the country ...

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BoG sanitizes fintech industry with new laws

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The Bank of Ghana says it will strictly enforce the yet to be passed Payment Systems to sanitize the financial sector. The central bank has bemoaned what it says is the proliferation of fintechs in Ghana’s financial system. Currently, there are seventy-one fintechs providing solutions to businesses and individuals. Following the impact of cyber fraud with the rise in the ...

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#CitiBizFestival: Financial experts call for regulation of fintechs

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Participants at the Financial Technology Summit organised as part of the Citi Business Festival have emphasized the need to create a financial ecosystem that will guarantee the safety of funds with financial technology (fintech) companies. According to them, the changing phase of technology makes it imperative for some level of regulation to enhance the security of electronic transactions in the ...

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Sales Revolution whips up interest of patrons

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The first day of Citi Fm’s Sales Revolution ended with participants yearning for more. The event witnessed over a hundred sales men and women engaging experienced trainers on how to win in this modern era. The event continues tomorrow with another round of insightful lessons. For the third year in a row, the event had one thing in mind, to ...

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#CitiBizFestival: Sales Revolution in Photos

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The first training programme of the Citi Business Festival—The Sales Revolution has started at the Coconut Grove Regency Hotel in Accra. The Sales Revolution is a two-day programme organised by Citi FM/Citi TV. The objective of the programme is to show how individual’s personality impacts sales, as well as uncover the psychological advantage in every selling. In addition, the training ...

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#CitiBizFestival: Sales Revolution starts today

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The first training programme of the Citi Business Festival—The Sales Revolution will start today at the Coconut Grove Regency Hotel in Accra this morning. The Sales Revolution is a two-day programme. The objective of the programme is to show how individual’s personality impacts sales, as well as uncover the psychological advantage in every selling. In addition, the training will also ...

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#CitiBizFestival: The Future of Fintech Summit comes off today

Citi Business Festival

The next outdoor programme on the calendar of the Citi Business Festival named ‘The Future of Financial Technology Summit’ will come off today at the Swiss Spirit Alisa Hotel at 3pm. The event, will assemble players in the financial sector including fintechs, banks and a representative from the Bank of Ghana. Some of the speakers include Head of Payment Systems, ...

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Inflation for May increases marginally to 9.8%

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Inflation for the month of May has increased marginally to 9.8 percent. This represents a 0.2 percent rise when compared to the 9.6 percent recorded in April this year. The figure represents the second lowest inflation rate recorded since 2013. The Consumer Price Inflation, measures the average change over time, in the general prices of goods and services. Acting Government ...

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