Author: citibusinessnews
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Works and Housing Minister commends First National Bank’s commitment to boost home ownership
The Minister for Works and Housing, Francis Asenso-Boakye, has commended First National Bank Ghana for its initiatives to boost home ownership in Ghana. Mr. Asenso-Boakye was speaking at the maiden edition of the Home Ownership Series, an initiative by First National Bank Ghana, in partnership with Glitz Africa Magazine, aimed at promoting a continuing national…
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New Board takes office to steer affairs of the Ghana Chamber of Bulk Oil Distributors
A new 11-member board has been sworn into office to steer the affairs of the Ghana Chamber of Bulk Oil Distributors (CBOD) for the next three years. The new eleven-member executive board has vast experience in finance, taxation, engineering, corporate governance, accounting, management, marketing and oil and gas. Mrs. Ivy Apea Owusu, CEO of Cirrus…
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Coconut Farmers Association of Ghana holds constitution and policy validation workshop
The Coconut Farmers Association of Ghana (COFAG), has held a constitution and policy validation workshop in Accra to sensitize its members about its plans for the future. Speaking to journalists, the President of the Coconut Farmers Association of Ghana, Mr. Patrick Ndabiah, said COFAG intends to educate its members to be acquainted with best practices…
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Here are 5 things you didn’t know you could do with luxurious HUAWEI WATCH GT 2 Pro; the Moon Phase Collection.
Hint: you can even go for a swim without any worry You probably heard Huawei’s latest premium smartwatch comes with a luxurious moon phase collection, 2-week battery, upgraded health monitoring, comprehensive sport modes (including water sports!) and fitness tracking! But wait, the question is, what do you want to try out first? While your mind…
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More than just beautiful: The Huawei MateBook family combines aesthetic with intelligence. Here is how!
In his book The Philosophy of Fine Art, Georg Hegel says that “Art is the sensuous presentation of ideas.” With this in mind, one could argue that the beauty of a product is of far greater significance than the product itself – becoming a source of joy that lights up our lives and our minds.…
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Allianz Insurance and UBA Ghana forge bancassurance partnership
Allianz Insurance, a subsidiary of the global insurance giant, Allianz Group, has announced a partnership with UBA Ghana to drive an innovative bancassurance strategy. Through the partnership, over 20 branches of UBA spread across the country will offer customers personal insurance products, including Motor Insurance, Home Insurance and Travel Insurance, and other financial services conveniently.…
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Report on Vincent Bolloré gaining control of Ghana’s ports ‘defective’ – Former GPHA Boss
A former Director-General of the Ghana Ports and Harbours Authority (GPHA), Richard Anamoo, has discredited a report published by Africa Confidential which suggested that French billionaire, Vincent Bolloré has taken full control of the country’s ports. The special report accused Bolloré of underhand dealings by using his firm, Bolloré Africa Logistics to win a contract…
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Everbond Financial Services Ltd. rebrands as Cititrust Capital Ltd.
Everbond Financial Services Limited has rebranded as Cititrust Capital Ltd. This follows shortly after the corporate transition and completion of the acquisition of Everbond Holdings Limited, (ie. The former holding company for Everbond Financial Services Ltd) by CFS Group (Ghana) Plc accompanied by a successful restructuring of the company. Since its incorporation in the year…
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![Accommodating is watchword for monetary policy in 2021 [Article]](https://citibusinessnews.com/wp-content/uploads/2021/04/Grace-Isaac-Aryee-Treasurer-FBNBank-Ghana-Limited.jpg)
Accommodating is watchword for monetary policy in 2021 [Article]
At its recent meeting, the Monetary Policy Committee (MPC) of the Bank of Ghana decided to keep the policy rate at 14.50% for the sixth consecutive time. The decision normally is a reflection of the Central Bank’s assessment of inflationary pressures, liquidity and growth prospect of the economy. In taking the recent decision, the Committee…
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Mobile Money accounts grow to 1.2 billion in 2020 – GSMA
Data released by the GSMA indicates that an acceleration in mobile transactions during the COVID-19 pandemic as lockdown restrictions limited access to cash and financial institutions. The report published in its annual ‘State of the Industry Report on Mobile Money’, shows that the number of registered accounts grew by 13 per cent globally in 2020…