Author: citibusinessnews
-
Banks must place premium on apprenticeship – FBN Bank Ghana CEO
The Chief Executive Officer of FBN Bank Ghana, Victor Asante, is urging the banking sector to put more emphasis on apprenticeship in order to raise more high-quality bankers. Speaking at the annual Opoku Ware Old Boys Association’s Burgess Kalinauckas Adu-Amankwah Memorial Lectures, Mr. Asante said apprenticeship provides employers a good opportunity to assess a pool…
-
Event Vendors Association of Ghana launches 2020 Event Industry Conference
The Ghana Event Vendors Association of Ghana, EVAG, has launched the 2nd edition of the Ghana Event Industry Conference (G.E.I.C) for 2020. Speaking at a breakfast meeting to launch the event, President of EVAG, Kate Hassan, said this year’s event seeks to empower all industry players for a better future hence the theme, ‘Power Up;…
-
Groupe Nduom requests receiver to provide update on defunct GN Savings & Loans
Dr. Papa Kwesi Nduom and Groupe Nduom Limited, the shareholders of GN Savings and Loans, which was placed into receivership last year by the Bank of Ghana, have written to the receiver requesting a meeting over the progress made so far. The shareholders of the company, who are already contesting the BoG’s decision in court…
-
Bank of Ghana inaugurates 8-member Payment Systems Advisory Committee
An eight-member Payment Systems Advisory Committee to advise the Bank of Ghana on regulation and oversight of the payment systems, as well as operational and technical stands of the payment systems, has been inaugurated. The Committee, chaired by the Governor of the Bank of Ghana, Dr. Ernest Addison, is a creation of the Payment Systems…
-
BoG commits to strengthen oversight of payment systems to drive financial inclusion
Governor of the Bank of Ghana, Dr. Ernest Addison, says the central bank will continue to strengthen its regulatory oversight on digital payment platforms in its bid to drive financial inclusion. Dr. Addison, speaking at the inauguration of the Payment Systems Advisory Committee, said the bank is committed to enhancing the gains made in the…
-
Report on banking sector crisis must serve as training manual for bankers – FBN Bank CEO
The Chief Executive Officer of FBN Bank Ghana, Victor Asante, is urging the Bank of Ghana to develop a comprehensive report on the banking sector crisis to be used as a manual for the training of bankers in the country. Delivering a lecture on the topic: Preventing the next financial crisis – getting it right…
-
Check out 5 top global business events cancelled over Coronavirus fears
The outbreak of the deadly coronavirus since late last year has sent the business community into a state of panic with major business events gatherings canceled over health and safety concerns for participants and more importantly host countries. At the last count, there are 88 countries or territories that have reported cases of the novel…
-
Anadarko-Total SA deal must not pass until outstanding taxes are paid- RM-Africa
A group known as Revenue Mobilization – Africa (RM-Africa), is urging the government of Ghana to ensure that all taxes owed by Anadarko are fully settled before the company is allowed to sell off its stake in the Jubilee and TEN oilfields to Total SA. Anadarko, which currently has a 24 percent stake in the…
-
Coronavirus: Twitter tells staff to work from home
Twitter has told its employees to work from home to help stop the spread of the coronavirus. In a blog post, the social media giant said it was mandatory for staff in Hong Kong, Japan and South Korea to work remotely. The company also said it was “strongly encouraging” all of its 5,000 employees around…
-
IMF/World Bank Spring Meetings in Washington DC cancelled over coronavirus outbreak
The International Monetary Fund and World Bank Group’s Spring Meetings planned for next month in Washington DC in the United States of America has been canceled over health and safety concerns following the outbreak of the deadly coronavirus (COVID-19). A joint statement issued by the two Bretton Woods institutions said the 7-day event will now…