Tag: CitiBusinessNews
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BoG to introduce new policies to boost financial sector confidence
The Bank of Ghana has announced that it is set to introduce new policies to ensure that the Banking and Special Deposit Taking Institutions sectors remain resilient, inclusive and supportive of Ghana’s economic growth trajectory. According to the BoG, this forms part of efforts to restore confidence in the country’s financial sector. It will be…
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educataGhana 2020 takes off from the 19th to 20th October
The second edition of Ghana’s International Education Exhibition and Idea Factory, educataGhana 2020, takes off from October 19-20, 2020 at the Movenpick Ambassador Hotel, Accra, and virtually. educataGhana 2020 is organised by the Delegation of German Industry and Commerce in Ghana (AHK Ghana), the Konrad Adenauer Stiftung (KAS), the Sparkassenstiftung für Internationale Kooperation, and Siemens…
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MTN withdraws suit seeking Supreme Court review of market share regulation ruling
Scancom Plc, operators of MTN Ghana Limited have withdrawn their legal action against the industry regulator, the National Communications Authority (NCA). The telecommunications giant was in court against NCA over a decision to limit the service provider’s market share. The NCA had designated MTN as Significant Market Power (SMP) and sought to limit the service…
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SEC increases capital requirement for market operators to GHS2M
As part of efforts to sanitize and strengthen the capital market, the Securities and Exchange Commission, SEC, has set a new capital requirement for market operators in the Ghanaian Capital Market Industry. The new directive, which sees an increase for fund managers from GHS100,000 to GHS2 million, is in accordance with Section 209 of the…
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Africa’s trade volumes to rise by $35bn annually due to operationalisation of AfCFTA – Alan Kyerematen
Ghana’s Trade and Industry Minister, Alan Kwadwo Kyerematen has said that the operationalisation of the African Continental Free Trade Area (AfCFTA) is expected to increase the volume of trade within the continent by US$35billion annually or 52 per cent by 2022. He said the initiative would also address the challenges of small fragmented markets in Africa…
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Dalex Finance donates towards 20 for ’20 Campaign
Dalex Finance has presented a cheque of GHS20,000 towards the 20 for ’20 Campaign. The 20 for ’20 Campaign is a fund-raising initiative instituted by the Office of Institutional Advancement at the University of Ghana to raise funds for the UG@70 Endowment Fund and other projects. Mr. Richard Obeng Dwamena, Head of Finance, Dalex Finance…
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Citi Business Festival comes off in June
All is set for the annual Citi business event, the Citi Business Festival, which is slated for June 2020. The month-long festival is an extensive programme of outdoor business events and on-air activities providing inspiration, business ideas and information for persons who are starting, building or growing their businesses. This year’s festival will feature virtual…
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#CitiBizFestival: Sales Revolution slated for June 13 and 14
The first training programme as part of the Citi Business Festival is scheduled to take place on the 13th and 14th of June, 2019. The event will be held at the Coconut Grove Regency Hotel at 8:30am each day. The facilitators for the training programme include Mawuli Ocloo—who is the Managing Consultant, Salesmark Ltd, and…
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Ghanaian business leaders applaud Rwanda’s development efforts
Ghanaian leaders from the public and private sector have applauded Rwanda’s transformation journey following the 1994 Genocide against the Tutsi. The 20 Ghanaian business leaders, investors and government officials were in the country on a five-day business trip last week to learn from Rwanda’s success story, according to Kojo Akoto Boateng, one of the organisers…