Wednesday, October 29

Business

Fidelity Bank’s Chief Risk Officer urges banks to stay abreast of digital innovations
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Business

Fidelity Bank’s Chief Risk Officer urges banks to stay abreast of digital innovations

 Dr. David Animante, Chief Risk Officer at Fidelity Bank Ghana, has urged banks to keep pace with “digital disruptions” led by financial technology (Fintech) and telecommunications companies.  Speaking at the 28th National Banking and Ethics Conference, he said traditional model of banking was being replaced with digital wallets, QR codes, and point-of-sale systems, therefore, financial institutions should catch up with the trend. He, however, cautioned against cybersecurity risks associated with digital innovations, and emphasised the essence of mitigating such risks. The forum was organised by the Chartered Institute of Bankers Ghana on the theme: “Navigating Horizon Risks: Strategies for Financial I...
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SSNIT takes SEED to Spintex residents
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SSNIT takes SEED to Spintex residents

Staff of the Social Security and National Insurance Trust (SSNIT) took to the streets of Spintex, a suburb of Accra, to encourage self-employed individuals and informal sector workers to register for the pension scheme. The initiative forms part of the Self-Employed Enrolment Drive (SEED), launched in May of the previous year to enhance social security protection for informal workers. Since its inception, the number of self-employed subscribers has surged from 13,000 to 120,000. In an interview, Mr. Kofi Osafo-Maafo, Director General of SSNIT, emphasized the increasing significance of the informal sector, noting that it was becoming a vital and expanding component of the SSNIT operations. “We are going to seek continuous growth in the informal sector enrolment. And if you look ...
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Election 2024 PCs in Jaman North commit to improve price of cashew 
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Election 2024 PCs in Jaman North commit to improve price of cashew 

The various Parliamentary Candidates (PCs) contesting in Election 2024 in the Jaman North Constituency of the Bono Region have affirmed their commitment to improving the price of cashew if they win the parliamentary seat on December 7.  The PCs gave the commitment when they took turns to highlight their visions for the electorate at a parliamentary debate organised by the Jaman North District Director of the National Commision for Civic Commission (NCCE) at Sampa, a cashew producing town in the constituency.  They include Frederick Yaw Ahenkwah of the National Democratic Congress (NDC), also the incumbent MP for the area, Mr Martin Kwame Antwi, candidate for the New Force Movement.  Mr Enoch Nyarko, PC for the New Patriotic Party (NPP) was absent at the debate which provided an opportunity...
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GRA Exceeds Its Revenue Target For The First Three Quarters Of The Year – Board Chairman Reveals
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GRA Exceeds Its Revenue Target For The First Three Quarters Of The Year – Board Chairman Reveals

Board Chairman of the Ghana Revenue Authority (GRA), Mr Joe Ghartey says the Authority has exceeded its revenue target for the first three quarters of this year. According to him, the success is ‘historic’, emphasizing that despite an election year the Authority has ensured effective revenue collection. Mr Ghartey, delivering a speech at the launch of the Citizen App in Accra recently, acknowledged all GRA workers and urged them to do more for the country. “We have exceeded the target for the third quarter and also exceeded the target for the first three quarters of the year. That performance is a 38.6 % growth over the same period in 2003”. https://youtu.be/D4P9KHvFiig?si=OsIBHEMgtujc_4d8 “I congratulate every single person who made this possible.” He told dignitaries inc...
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