Monday 20 February 2023 Issue No.16
A NEW THINKING
Sylvia Inkoom joins First National Bank as an Executive Director 4
Maritime sector must explore renewable energy, IMO boss tells players Ambassador Boateng’s dream to revamp SOEs on the right footing "We control a substantial portion of the Ghanaian economy... It is not about the big things; it is the little things that we are not doing that have put us all in this position. "It is our problem, and we all have to work hard to jumpstart the economy." These were the words of Ambassador Edward Boateng, Director General of the State Interests and Governance Authority (SIGA), as he rallied the leadership of the various specified entities to "put their best foot forward" and support efforts by the government to put the economy back on track. The Chief Executive Officers and Board Chairs of the State-owned Enterprise (SOEs) gathered at Kwahu Nkwatia in the Eastern Region for SIGA’s annual stakeholder meeting, which was in accordance with Section 30 of the SIGA Act 2019 (Act 990). The Stakeholder Meeting, which was on the theme: "A Time to Reflect and Rebuild," discussed challenges af2
SG holds workshop on ‘FieldPro’ for the bank’s customers Societe Generale Ghana PLC has partnered with Optimetriks to hold a workshop on the new field management application called ‘FieldPro’ for the bank’s customers.
conference in Accra, he said the Maritime Authorities of Ghana continent is well-positioned to and Denmark with participants champion and achieve net zero from 15 African countries. carbon emissions in the maritime sector to ensure that the vision of global green shipping is Minister of Transport Kwaku Ofori Asiamah said climate largely attained. The conference provided a forum change had become one of the to discuss opportunities and biggest challenges facing huchallenges for African countries manity, stressing that its impact in the decarbonization of inter- is occurring all over the world. national shipping. He said there is the need for an Speaking at a Green Shipping The first of its kind on the conti- action to limit the rise in global nent, the conference was co-or- temperature to around 1.5 2 ganized and co-sponsored by degree Celsius. IMO, in collaboration with the International Maritime Organisation (IMO) Secretary-General Kitack Lim says it is very important for stakeholder collaboration in the maritime sector to explore and push towards renewable energy in order to ensure the maritime transport benefits from the relevant investment and technology transfer.
The workshop demonstrated the app's benefits and featured a practical demo by Optimetriks' Founder, Paul Langlois-Meurinne and Country Manager, Peter Worentetu . The Deputy Managing Director of SG Ghana, François Pousse, highlighted the importance of digital solutions in streamlining business operations, especially in difficult
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Effective AfCFTA implementa Healthy fintech competition set to drive tion will boost Africa’s inclusion, growth – Network International economy and global Group Managing Director of Pro- room for growth in terms of competitiveness cessing, Africa and Co-Head of financial inclusion, as many indiActing Executive Secretary of the Economic Commission for Africa (ECA), Antonio Pedro, has urged African nations to accelerate implementation of the African Continen-
tal Free Trade Area (AfCFTA) in order to become more resilient and globally competitive. 2 “Only through an accelerated and ef-
Budget Cash and Carry Ghana outdoors Blue Jeans Vodka Mix Budget Cash and Carry Ghana Limited, distributors of Blue Jeans Energy Drink, have added a brand-new product, ‘Blue Jeans Vodka Mix’, to provide its 3
customers with a perfect taste, quality and sensational boost to complement nightlife and other events. Speaking at the launch of the
Group Processing, at Network International Dr. Reda Helal, has said that the domestic payments and settlements sector is far from being over-saturated despite the rapid evolution and competition in the market. Speaking in an interaction with the media, Dr. Helal stated that in many regions, including Ghana, there is still a significant opportunity for growth in terms of financial inclusion, as many individuals and businesses remain unbanked or underbanked. "In many regions, including Ghana, there is still significant 3
viduals and businesses are still unbanked or underbanked. The growth of e-commerce and digital payments is driving the need for new and more secure payment systems, which provides ample room for new players in the market,” Dr. Helal explained. Whilst Fintechs, particularly those in the payments space have historically attracted the most funding – US$1.8 billion across the continent in 2022 – he said the comparatively low levels of financial inclusion leave room for competition-driven innovation.