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Health officials (left) checking the vital statistics of some patients
Health officials (left) checking the vital statistics of some patients

Asa Savings and Loans organises health outreach

The Taifa branch of Asa Savings and Loans Limited has organised a free medical screening for residents of the area. 

More than 200 residents, most of them women and children, benefited from the exercise.

The Deputy Minister of Finance, Ms Abena Osei Asare being assisted to cut the tape
The Deputy Minister of Finance, Ms Abena Osei Asare being assisted to cut the tape

National financial inclusion strategy in the offing

The government is to launch in June, this year, a national financial inclusion strategy aimed at making financial services accessible to all Ghanaians, a Deputy Minister of Finance, Ms Abena Osei Asare has said.

She said the strategy would address issues of soundness and stability in the financial market and oversee the deployment of financial infrastructure.

Experts say expanding financial services to a large number of people especially in the rural areas where over 60 per cent of the population are affected by poverty was a key way to promote inclusive development and reduce poverty.

Mr Alan Kyeremanteng - Minister of Trade and Industry
Mr Alan Kyeremanteng - Minister of Trade and Industry

Alan K promises new dawn for economy

Ghana's economy will shift from commodity-based to industrialisation in the next few years, following ongoing efforts to prioritise investments in petrochemicals, iron and steel industry and integrated aluminium to help drive the country’s new phase of development.

Consequently, the government has outlined eight new strategic pillars as part of its effort to move the economy from commodity exporter to an industrialised one.

The new pillars include; the establishment of a petrochemical industry, an iron and steel industry, an integrated aluminium industry, the expansion of the domestic production of pharmaceuticals and the establishment of a vehicle assembly and automotive industry.

The rest are the production of industrial salt, the establishment of garment and textiles enterprises, and the manufacturing of machinery, equipment and component parts.

These pillars are expected to be

Mr Ken Ofori- Atta— Minister of Finance
Mr Ken Ofori- Atta— Minister of Finance

Tax removal will boost investment — Databank

Investment firm, Databank, is hopeful that the removal of some tax measures will boost the country’s investment prospects. The government’s 2017 budget, which seeks to restore fiscal discipline, introduced a raft of tax incentives to stimulate production activities.

Mr Akrong making a point during his presentation at the 2017 Data Protection Conference in Accra
Mr Akrong making a point during his presentation at the 2017 Data Protection Conference in Accra

‘Let’s commit to data protection implementation’

Ghana Community Network Services Limited (GCNet) has asked for support from corporate institutions to partner the Data Protection Commission (DPC) to implement the Data Protection Act as information grows with its attendant opportunities and risks.

Dr Ernest Addison - Governor, BoG
Dr Ernest Addison - Governor, BoG

Exciting era for banks after three years of squeeze

Banks are gradually returning to profitability after three years of economic malaise combined with sector-specific weaknesses to erode the industry’s profits through high cost of production and non-performing loans (NPLs).

After posting consistent declines throughout last year, data from the Bank of Ghana (BoG) showed that the banking sector’s income before tax (IBT), net profit after tax (NPAT) and Net Interest Income (NII) – the three indices the central bank uses to track profitability – all registered positive improvements in February, this year.

Yields on treasury securities soften further

Yields on Government of Ghana treasury securities witnessed another moderation in anticipation of increasing private sector investment in the coming days.

At the close of business on April 28, the rates on the 91-Day T/Bill and the 182-Day T/Bill softened by 60 basis points (bps) and nine bps to 14.84 per cent and 16.38 per cent respectively.

Mr Elliot Agyare
Mr Elliot Agyare

Prez Akufo-Addo will make a world-class rapper - Da’Hammer

Celebrated music producer and life coach, Nana Poku, known in showbiz as Da’ Hammer, says President Nana Addo Dankwa Akufo-Addo is such an astute orator that he could easily turn into a world-class rapper when given the chance. 

As a keen listener of the President, Da’Hammer, who nurtured and produced musicians such as Obrafour, Tiny, Kwawkese and Edem, said Nana Akufo-Addo had an exceptional way of constructing his sentences that make them poetic, which is the envy of every good rapper.

(L-) Robert Le Hunte (MD HFC), Nigel Baptiste (RFHL), Prez. Nana Addo and Charles Zwennes (BD Chair of HFC Bank)

HFC and Republic Bank officials meet President Akufo-Addo

HFC Bank’s new Board Chairman, Mr. Charles William Zwennes together with the Managing Director, Mr. Robert Lennard Le Hunte and the President of Republic Financial Holdings Limited (RFHL), Mr. Nigel Mark Baptiste paid a courtesy call on President Nana Addo Dankwa Akufo-Addo last Thursday at the Flagstaff House.

Mr Roger Akrong making a point during his presentation.
Mr Roger Akrong making a point during his presentation.

GCNet urges businesses to commit to Data Protection Implementation

The Ghana Community Network Services Limited (GCNet) has called on businesses to support the Data Protection Commission in the implementation of the Data Protection Act.

The GCNet said this was necessary in the wake of the growing information economy and its associated opportunities and risks.

Making a presentation on the perspectives of GCNet on Data Protection during the 2017 Data Protection Conference, Deputy Manager for I.T Security, Mr Roger Akrong noted that support for the Data Protection Commission was critical to consolidate the data protection and information security regimes in the country to accelerate growth.

Mr Akrong said that corporate Ghana’s support in the implementation of the Data Protection Act was a sure recipe to creating an enabling environment for stakeholders involved in the information economy to build a robust, vibrant I.T driven country.

 Mr Michael Allan Asare delivering his address
Mr Michael Allan Asare delivering his address

ManCapital extends presence to Volta Region

The money market in the Volta Region is gradually growing and attracting  attention, but with caution to operators to hurry slowly by desisting from duping hardworking people of their savings and investments.

 Mr Kwaku Kwateng
Mr Kwaku Kwateng

Govt states position on tax exemption measure

Government will only take a second look at the newly introduced administrative measures in the tax exemption system, after it concludes a comprehensive review of the entire regime, a Deputy Minister of Finance, Mr Kwaku Kwateng, has said.

 Mr Michael Bozumbil (5th left) with participants after the training
Mr Michael Bozumbil (5th left) with participants after the training

PETROSOL trains staff on best practices

Petrosol, an oil marketing company, has organised a training programme for its staff on best industry practices, as well as customer service management skills.

 Members of the finance team  interacting with the customers
Members of the finance team interacting with the customers

Voltic treats customers to a financial experience

Voltic (GH) Limited has organised a day’s training on daily book keeping, small and medium enterprises  (SME) insurance policies and pensions fund options available to the informal sector for 50 of its clients in the Accra District to climax its financial literacy month.

The relevance of insurance in contemporary air travel

“Say the truth in the morning and you would be free in the afternoon”  — Author

It is a truism that many people have come to a realisation that air travel remains the fastest means of traveling to any destination in the world.

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