Tag: Ghana Business
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Telcos want mobile money limits increased
Telecommunication companies are impressing on the Bank of Ghana to review the maximum amount for mobile financial service transactions in the country. The telcos argue that they are sometimes constrained over the current 5000 cedis maximum and therefore would appreciate an upward push. The suggestion also follows a new regulation on mobile financial services that…
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Customers threaten to disrupt DKM payments in Bolgatanga
Over 300 validated creditors of DKM Diamond Microfinance in the Upper East Region, have threatened to disrupt the payment process at the Bolgatanga branch of the GCB Bank on Tuesday, if they are not paid their investments today. The agitations follow the inability of the representative of the Official Liquidator at the bank, to complete…
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DKM customers pleased with amounts received from Official Liquidator
Customers of DKM Microfinance have expressed mixed reactions over the payments of their locked up cash by the Official Liquidator. Payments for the first batch of validated creditors commenced this morning at the eight selected branches of GCB Bank. Citi Business News understands that at least 4000 customers will be paid each day starting from…
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Biz of Elections: Politicians dish out thousands to erect billboards
Political parties and politicians, during election years, dole out huge amounts of money on billboards across the country as part of election campaign methods. Checks by Citi Business News show that it cost as much as 6,500 cedis to obtain a license from the Accra Metropolitan Assembly (AMA), to mount a billboard in the Greater…
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DKM creditors receive locked up cash from today
At least 4000 creditors of DKM Microfinance are expected to be paid their locked up deposits today, as the Official Liquidator commences payments. According to the Official Liquidator, each of the eight designated branches of GCB Bank is expected to attend up to 500 customers every day till all the payments are concluded. “The eight…
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Zenith Bank Ghana not affected by Nigeria’s economic woes
Zenith buy accutane online india Bank says the current economic challenges facing Nigeria has not impacted on the Bank’s operations in Ghana. Zenith Bank Ghana is also confident of the company’s prospects in the country despite similar prevailing economic challenges facing the Ghanaian economy. The high interest rates, rising inflation, power crisis and the increased non-performing loans…
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![Zenith Bank keeps fit; strategizes for stronger performances [Photos]](https://citibusinessnews.com/wp-content/uploads/2016/10/Zenith-bank-healthwalk-600x330-1.jpeg)
Zenith Bank keeps fit; strategizes for stronger performances [Photos]
Zenith Bank on Saturday, October 15, 2016 organized its last health walk for 2016. The activity that had scores of hundreds of participants was to fulfill the bank’s commitment to promote good health among its staff and foster corporate bonding. Speaking at the sidelines of the exercise, the CEO of the Bank, Henry Oroh stated,…
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Maritime workers demand commitment to revamp Black Star Line
The Association of Maritime Professionals has expressed its resolve to pursue the revamping of the country’s Shipping Line, the Black Star Line, in order to facilitate economic growth. The Association contends it will pin down factors including the lack of commitment by successive governments that led to the collapse of the company. Addressing a press…
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Finance Minister presents 2017 1st quarter budget Thursday
The Minister of Finance, Seth Terkper, is expected to present to Parliament next week Thursday, an Advanced Budget; covering government spending for the first quarter of 2017. The statement will detail the projected revenue and expenditure between January and March next year. This practice is in accordance with what the Executive does almost every election…
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Economic fundamentals will boost GAX – SEC Commissioner
A Commissioner of the Securities and Exchange Commission (SEC), Dr. Charles Asembri, has stressed the need for education and economic improvement, to attract businesses unto the Ghana Alternative Market, GAX. According to him, the objectives to help Small and Medium Scale Enterprises (SMEs) increase their capital and expand, could largely be achieved if such fundamentals…