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Access Bank Ghana appoints new Managing Director

Access Bank (Ghana) Plc. announces the appointment of Mr. Olumide Olatunji as its new Managing Director

Access Bank (Ghana) Plc. announces the appointment of Mr. Olumide Olatunji as its new Managing Director, effective December 5, 2018. He replaces Mr. Ifeanyi Njoku who has now taken up a new role within the Access Bank Group to support the Bank’s expansion drive in line with its new 5-year strategic growth plan. His appointment follows the successful nomination and ...

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ADB is not delisting from stock market – Kofi Yamoah

Kofi Yamoah - MD, Ghana Stock Exchange

The managers of the Ghana Stock Exchange have dismissed claims that ADB is planning to delist from the stock exchange. There have been reports that the new majority shareholders of ADB had taken the decision. But the Managing Director of the stock exchange, Kofi Yamoah insists that is not the case. “I have been privy to conversations on this subject ...

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Fidelity bank appoints Julian Kingsley Opuni as new MD

Julian Kingsley Opuni, Managing Director, Fidelity Bank

Fidelity Bank has appointed Julian Kingsley Opuni as its new Managing Director. His appointment took effect on December 1st 2018. Mr. Opuni takes over from Jim Baiden who retired as the MD of the bank in October 2018. Until his appointment, he was the Deputy Managing Director; a position he held since November 2017. Julius Kingsley Opuni is an experienced banker ...

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First Atlantic Bank donates Mother, Baby Unit to Talensi District Hospital

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First Atlantic Bank today has donated a fully equipped Mother and Baby Unit to the Talensi District Hospital in Tongo. In a welcome address by Regional Director of Health service, Dr Winfred Ofosu, enumerated some of the challenges facing the hospital particularly services to newborn and maternal care.  He expressed his profound gratitude on behalf of the entire region and ...

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Vodafone partners Citi FM’s Decemba 2 Rememba concert

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Vodafone Ghana has entered into a partnership with leading media establishment, Citi FM, to deliver this year’s “Decemba 2 Rememba” music concert. A statement copied to Citi Business News said no Telecoms company has maintained such consistency in Ghana’s music industry like Vodafone Ghana. From handling the most definitive music entertainment stage in the country – Vodafone Ghana Music Awards ...

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Business of Christmas: Secondhand cloth dealers lament low sale

secondhand-clothing-market-moz

With few days to the Christmas,  dealers in secondhand children clothing are complaining of low sales. A visit to the Makola and Kantamanto markets in the central business district of Accra, revealed that the sale of both brand new and secondhand clothing for children is yet to see some boost. At the Makola market, several shops displayed brand new clothing ...

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EOCO retrieves GHC51m for GRA

EOCO

The Economic and Organized Crime Office (EOCO) says it has recovered over GHC 51 million for the Ghana Revenue Authority(GRA), from corrupt individuals and businesses in 2018. Speaking at a Multi-Stakeholder Business Integrity Breakfast meeting in connection with the Anti-Corruption and Transparency Week, the Executive Director of EOCO, K. K Amoah stated that, with the help of the private sector, ...

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Restriction of medicine imports: Local producers demand enforcement

medicines

Local pharmaceutical companies have made fresh appeals for the government to enforce the policy on restricted imports of some medicines which are produced locally. They complain that some people are sidestepping the policy which is affecting their business. The restriction on the importation of medicines produced locally, was introduced in 2017. The policy covers 49 medicines. These include; paracetamol syrup ...

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First National Bank to rely on parent company to meet capital requirement

CEO of First National Bank Ghana, Mr. Richard Hudson

First National Bank Ghana, has announced that its parent company FirstRand Limited in South Africa will help the bank meet the new minimum capital requirement of Four Hundred Million Cedis. A statement from the bank copied to Citi Business News said, “First National Bank is committed to serving the needs of our customers in Ghana” said Richard Hudson, CEO of ...

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