Daily Archives: June 6, 2012

G-Life Microfinance

G-Life Microfinance Limited is registered in Ghana as a financial institution to provide micro financial services to the productive poor. The company is also registered with the Ghana Microfinance Network as well as the Ghana Association of Microfinance Companies.  G-Life Microfinance Limited is the … Continue reading

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Universal Pensions Target Excellence

Universal Pensions Master Trust (UPMTL) says it is poised to provide world-class pension trustee and fund administration to individuals and corporate organizations. The company, whose operational office is located at the Airport Residential Area, Accra, offers trustee services for Tiers … Continue reading

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‘Acquire Technology To Drive Competition’

Paul Asinor, Event Director of OML Africa, has noted that Small and Medium Enterprises (SMEs) in Ghana need to adapt to the use of modern technologies if they want to adhere to global trends. He noted that “the massive growth … Continue reading

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Ghana, Guinea For Case Study On Telecoms Taxation

African Development Bank (AfDB) is to undertake a study on taxation of telecommunications services and related products in the ECOWAS region and has selected Ghana and the Republic of Guinea to enhance the study. “The study will define the modalities … Continue reading

Posted in Industry & Manufacturing | 17 Comments

Telecom Treaty Update Nears Completion

ITU reports that there is growing consensus around key issues as a revised global treaty on telecommunications nears completion. ITU said in a statement that the formal mechanism for producing a consolidated input towards a revision of the International Telecommunication … Continue reading

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ALLTEL SWAPS TABLETS FOR STOCKS

In an ingenious move to hook subscribers onto its equities as it plans to list on the Ghana Stock Exchange (GSE), Alltell Limited, a Ghanaian mobile manufacturer, is planning to give stock options to buyers of its locally manufactured tablets. … Continue reading

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India Faces Hard Times

Citing uncertainties in global economy and rising oil prices due to tensions with Iran, India’s Prime Minister Manmohan Singh has noted that India is facing “difficult times” but exuded confidence that the “testing” period would be overcome. Addressing the Congress … Continue reading

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SA Calls For Higher Capital Holdings

South Africa’s central bank wants lenders to hold at least 6.5 percent of common equity Tier 1 capital and 10 percent of total capital by 2015, comfortably exceeding minimum global regulatory requirements, it said on Monday. The increase is 200 … Continue reading

Posted in International Business | 1 Comment

World Stocks Fall

World markets took a beating Monday as another setback for the US economic recovery sent investors fleeing from stocks. A weak US jobs report flustered investors and intensified fears that a global recession was in the making. The dismal report … Continue reading

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Well Done BoG!

The unrestrained concentration of foreign currencies, especially the dollar, in foreign accounts, has been identified as one of the major reasons contributing to the fast depreciation of the Ghana cedi. Banks in the country do not charge their clients fees … Continue reading

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