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Saturday 25 March 2017

2017-03-24

[B] Western region men demand highest pay in Ghana – Report
[N] Tighten MPs' security – Irbard Ibrahim
[N] NPP meets over attacks on REGSEC coordinator
[N] Prof. Botchwey cries out to NDC ‘dissidents’ to pipe down
[N] France to relocate Embassy in Accra
[N] 12 per cent Ghanaians jobless - Statistical Service
[N] Stop the blame game – NDC members cautioned
[N] Government to roll-out housing programme for military - Dr Mahamudu Bawumia
[N] Ashanti Regional Security Coordinator attacked
[N] Documentary on Ghana’s political history stirs controversy
[N] Koku Anyidoho, Anita Desoso have agenda to block Mahama’s comeback – Yamin
[N] Appoint DCE from Abetifi – Group
[N] We’ll deal with NPP macho men – Police
[N] Group pushes for repeal of ‘outmoded’ suicide law
[N] Students beat up school bursar over food, ICT payments
[N] Public reaction to John Dumelo's car seizure
[N] John Dumelo caught with state car

2017-03-23

[N] Decriminalize suicide - Clinical Psychologist
[N] Labour Force Survey report out
[N] Naabu wants to ride on Mahama’s popularity with his controversy-Ackon
[N] BECE candidate drowns in abandoned galamsey pit
[N] GJA postpones election indefinitely over disputes
[N] Mahama more experienced than Akufo-Addo – Kofi Adams
[N] Bus branding scandal cost us 2016 election – Twum Boafo
[N] 72 year-old man found dead in a gutter
[N] If I start talking, the NDC will collapse - Allotey Jacobs
[N] Flagstaff House assault: Court issues warrant for arrest of 2

2017-03-22

[N] Africa must use its resources to create prosperity – Nana Addo  
[N] One arrested for attempted human sacrifice in Western region  
[N] Anti-Human trafficking fight: Ghana risks losing $600m – Ambrose Dery
[N] Ambulance service goes 'wild' over 'false' ambulance accident story
[N] Djibril Kanazoe dragged before court for alleged tax evasion
[N] NDC plots to ditch Mahama
[N] Akufo-Addo should appoint more ministers – Nhyiaeso MP defends
[N] We were more divided than the NPP prior to 2016 polls - Boateng Gyan
[N] I am not interested in 2020 Presidency - Dr Omane Boamah
[N] NDC Primaries: I will beat John Mahama hands down – Namoale
[N] Assemblymen request for motorbikes
[N] 41 Police recruits sacked for forgery

2017-03-21

[B] Some OMC’s reduce fuel prices in line with recent tax cuts
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General News

[ 2017-02-15 ]

Norfund’s Arise acquires 27.7% of CAL Bank
CAL Bank has assured that an acquisition of 27.7
percent stake in the bank by Arise Investment will
further grow the company to entrench its position
as one of the leading banks in Ghana.

Arise Investment, which is based in the
Netherlands acquired the 27.7 percent shares of
DPI — a private equity firm with assets in excess
of US$1 billion under management.

DPI had worked with CAL Bank for four years.
Arise, which is a collaborative partnership
between international companies, Norfund, FMO and
Rabobank is a strategic investor in minority
stakes in Sub-Saharan African Financial Service
Providers (FSPs)

In addition, Arise Investment has a core aim of
building strong and stable institutions that serve
retail, Small and Medium Enterprises (SMEs), the
rural sector, and clients who have not previously
had access to financial services.

Speaking to Citi Business News, the Head of
Investor Relations at CAL Bank Miss Dzifa
Amegashie was optimistic the bank will continue to
post growth in profit, asset, and returns on
equity.

“The most important thing is that the new investor
is fully approved by the board of CAL Bank and the
new investor fully fits in with our plans for
growing a leading bank in Ghana. We believe our
growth in profit, assets and returns on equity
will continue like we saw under the former
investor,” she said.

She stated that the bank has posted good
performance in almost all the areas of its
operations.

Explaining how the new investors will contribute
to the management of the bank, Miss Amegashie
stated that the new shareholder will aid the bank
to grow it retail franchise.

She stated that the bank will use technology and
innovative means to expand it operations

Source - citibsinessnews.com



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