Accra, Oct. 10, GNA – CAL Bank has unveiled a sponsorship package of Gh¢150,000.00 for the upcoming Beach Soccer National League set to start on October 19, 2019. The competition would see 16 teams from four regions including Greater Accra, Volta, Western and Central Region compete for honours with the finals slated for December 1, […]
Tag: cal bank
CAL Brokers to resign from Ghana Stock Exchange
Cal Brokers Ltd has hinted of its decision to leave the brokerage business in Ghana and also announced its intent to resign from the membership of the Ghana Stock Exchange (GSE). The decision was communicated to the Ghana Stock Exchange (GSE) and market players last week. In a public statement to the GSE, Cal brokers […]
Ecobank Boss Urges Bankers to Position for Disruptive Technologies
Patrick-Akinwuntan Ugo Aliogo The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has called on bankers in the country to make deliberate efforts to reposition their skillsets and knowledge, in order to meet the challenges of a fast-changing business environment. Akinwuntan, who was the guest speaker at the 2019 graduates induction & prize award event of the […]
Justification for merger and nationalisation of indigenous banks
The oldest bank in the world still in existence is Banca Monte dei Paschi di Siena, headquartered in Siena, Italy, which has been operating continuously since 1472 and has not been merged with any bank since inception. In Ghana, the Bank of the British West Africa and Barclays Banks (a merger of the Anglo-Egyptian Bank […]
The PDS puzzle! Consultant ‘clears’ firm but govt, MiDA reject report
FTI Consulting, a United States-based consulting firm commissioned by the Millennium Development Authority (MiDA) to investigate whether or not Power Distribution Services (PDS) Ltd duly won the contract to manage the assets of the Electricity Company of Ghana (ECG), has confirmed that insurance guarantees were, indeed, paid to back the PDS’s takeover of the assets […]
PDS ‘Milks’ ECG To Pay $12m Demand Guarantee
William Hutton Mensah – PDS Boss and Ing Samuel Boakye Appiah – ECG Boss It appears the new managers of the Electricity Company of Ghana’s (ECG) assets‒ Power Distribution Services (PDS) Limited‒ is relying heavily on cash flow from the sale of electricity to meet its financial obligations under the power concession agreement. According to […]
Ghana Risk Return To An Era Of Dumsor If Gov’t Fails To Terminate PDS Agreement – Jacob Yeboah
Independent Presidential Candidate for 2012 and 2016, Jacob Osei Yeboah popularly known as JOY2012 has predicted that Ghana risk return to an era of load-shedding popularly called “Dumsor” if government fails to terminate the agreement between the Power Distribution Services (PDS). According to him, the report by FTI Consulting, a United States-based consulting firm commissioned […]
Cal Brokers to resign from Ghana Stock Exchange
Cal Brokers Ltd has hinted of its decision to leave the brokerage business in Ghana and also announced its intent to resign from the membership of the Ghana Stock Exchange (GSE). The decision was communicated to the Ghana Stock Exchange (GSE) and market players last week. In a public statement to the GSE, Cal brokers […]
Cal Brokers to resign from Ghana Stock Exchange
Cal Brokers Ltd has hinted of its decision to leave the brokerage business in Ghana and also announced its intent to resign from the membership of the Ghana Stock Exchange (GSE). The decision was communicated to the Ghana Stock Exchange (GSE) and market players last week. In a public statement to the GSE, Cal brokers […]
Broker Dealer, Cal Brokers to leave the Ghana Stock Exchange
Ghana Stock Exchange In a statement issued by the stock exchange, it said that the exit is due to the decision of the Shareholder and Board of Directors who have announced their intent to resign from the membership of the GSE and leave the Brokerage Business. “This is to inform the Market and the General […]