Author: citibusinessnews
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AirtelTigo Ghana to reward customers with GHS1 million in “To gu me so” promo
As part of AirtelTigo Ghana’s way of appreciating customers for their loyalty, the company has launched a consumer recharge and point-based promotion dubbed, “To Gu Me So”. The promo which will run from 5th October to 20th December 2021 aims at rewarding AirtelTigo customers with over 1 million Ghana cedis in cash. In addition to that,…
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Zeepay records 146% CAGR in 2020
Despite the negative effects of COVID-19 on businesses globally, Fintech Company, Zeepay, has recorded a 146% rise in compound annual growth rate (CAGR) in 2020. This comes amid predictions of a decline in remittance inflows to Africa. Zeepay further increased its sales volume to US$400million for the period,. Speaking on the sidelines of the company’s…
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Best Point Savings and Loans launches ‘Best Mobile Banking’ product
Ghana’s leading savings and loans institution, Best Point Savings and Loans, has launched its new mobile banking services dubbed Best Mobile Banking. The institution unveiled the new mobile banking to ease the financial transactions of its customers. The Chief Executive of Special Group of Companies and Board member of Best Point Savings and Loans, Dr.…
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West Hills Mall review of the month with Dancegod Lloyd & DWP Academy: Spotlight on Mr. Price Fashion shop
Mr. Price Fashion shop at the West Hills Mall is the ideal place for all your clothing and accessory needs. Believe me, you will find whatever you are looking for there. I visited the store with my crew this week and we were indeed spoilt for choice. There were lots of cool outfits on display…
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South African Airways resumes operations in Ghana
As air traffic in amid the coronavirus pandemic has started picking up gradually, South Africa Airways (SAA) has re-launched its passenger flight operations from Johannesburg to Accra. This comes 18 months after the national carrier was forced to stop flying commercial in 2020 due to its worsening financial situations amid heightened travel restrictions in the…
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BOST saved Ghana from paying $26 million to BDCs – Managing Director
The Bulk Oil Storage and Transportation Company Limited (BOST) says its current management has saved Ghana from paying $26 million to eight Bulk Distribution Companies. The eight companies had asked BOST to pay $37 million for 22.7 million litres of petroleum products which allegedly went missing from tanks of the national strategic oil storage company…
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GUTA demands government’s intervention over trade wars between local and foreign retailers
The Ghana Union of Traders Association (GUTA) has called on the government to hasten steps to resolve the impasse between Ghanaian and foreign traders in the country. A joint implementation task force between GUTA and the Nigeria Union of Traders Association, Ghana (NUTAG) has been established to find a lasting solution to the stalemate between…
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We must begin interrogating bank staff over bank-related robberies – Prof. Aning
Security analyst, Prof. Kwasi Aning, believes the time has come for financial institutions to embark on rigorous scrutiny of their staff following the increasing cases of bank-related robberies in the country. He says routine checks must also be carried out on both company and personal electronic devices, used by the staff to assess information that…
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RCBs call for government intervention to retrieve GH¢100M locked-up cash from NTHC
Some Rural & Community Banks (RCBs), particularly those in the Ashanti Region, claim their GH¢100 million is locked up with the National Trust Holdings Company Limited (NTHC). According to the directors of these rural banks, NTHC, which is a state-owned entity with SSNIT as its majority shareholder has failed to pay them their claims since…
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MPC likely to maintain policy rate at 13.5% – IEA
The Institute of Economic Affairs, IEA, has ruled out the possibility of a change in the policy rate to be announced by the Bank of Ghana. This, the IEA says is as a result of calls from President Akufo-Addo and other stakeholders within the financial sector for a relook at the lending rates being charged…