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Sunday 30 April 2017

2017-04-28

[N] More than 300 Libya based Ghanaians voluntarily repatriate
[N] Respect Akufo-Addo’s choice of MMDCEs – Western Region NPP
[N] Kumasi ‘Prison inmates live by miracle’ - PRO  
[N] Ashanti police at war with gangs
[N] Man jailed 15 years for robbing KNUST students

2017-04-27

[N] National Migration Policy not implemented one year after launch - ACILA
[N] US to deport 7000 Ghanaians – Ambassador
[N] Ghana AIDS Commission gets new board
[N] Nine sustain injuries in accident on Graphic Road
[N] Prepare for Ken Agyapong’s funeral - NDC Communicator to family
[N] Planting for Food and Jobs: Figures to note as project takes off
[N] 19 galamsey machines burnt
[N] Ibrahim Mahama’s companies to pay GHC12.4m in two weeks
[N] ‘Fraudulent’ AMERI has no expertise in power projects – Philip Addison

2017-04-26

[N] Angry NPP youth on rampage; burn billboards over MMDCE nominations
[N] Farmer beheads son in Western Region
[N] Police nab illegal ECG meter dealer in Ashanti Region
[N] I’m not sabotaging Akufo-Addo’s free SHS – Mahama
[N] Visa fraud: UK bans 4 MPs for 10 years
[N] AMERI didn’t pay us per diem – Addison Committee
[N] Akufo-Addo to name MMDCE nominees today
[N] Jail Ibrahim Mahama - Lawyer Kwame Adofo
[N] National Security unaware of raid at Nii Lantey Vanderpuye's house - Wife of MP
[N] Soldiers deployed as NPP men vandalise Zebilla MP’s residence
[N] Mahama not sabotaging 'Free SHS' - Bawa Mogtari
[N] Army chief suspended over ‘galamsey’

2017-04-25

[N] Suspect smears himself with faeces to avoid trial
[N] Government is witch-hunting Ibrahim – NDC
[N] Ibrahim Mahama warned GRA not to withdraw cheques - Amaliba
[N] Ibrahim Mahama closed his accounts after issuing the cheques – GRA insists
[N] TMA Engineer faces possible sanctions over GHC80,000 fraud case
[N] Fire is not candle to be blown off easily – GNFS rubbishes criticisms
[N] Illegal miners in Tarkwa promise to show MP 'pepper' for planning to stop galams
[A] Court orders arrest of musician
[N] Court prosecutes landlords without toilet facilities
[N] Work to resume at Kumasi Military hospital
[N] Best snacks for people with type 2 diabetes
[N] EOCO probes customs over Ibrahim Mahama's 44 dud cheques
[N] Is Nana Addo learning incompetence from Rawlings, Mahama? - Kwesi Pratt asks  

2017-04-24

[N] 2 Ghanaian workers arrested for killing Chinese employer
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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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