Skip to main content

Ghana Association of Savings & Loans Companies launches football gala



By: Fred Yaw Sarpong (Daily Express0

The Ghana Association of Savings and Loans Companies (GHASALC) is launching its maiden edition of ‘GHASALC Football Gala’, aimed at bringing all members together through recreational activities.

The event to be organised by the Global Media Alliance and sponsored by Opportunity International Savings and Loans Limited (OISL), will take place at the Kwame Nkrumah University of Science and Technology (KNUST) on Monday, 22nd of September, 2014.

According to the General Secretary of GHASALC, Eunice Brako Marko, said: “The gala is also to get our members together and exchange ideas, and we are proud of our contribution to the country’s economy by further expanding financial service accessibility to the unbanked and those who are underserved by commercial banks.”

Kwame Owusu-Boateng, the Chief Executive Officer (CEO) of Opportunity International Savings and Loans Limited (OISL), also said OISL is proud to sponsoring the first football gala for savings and loans companies in Ghana.

“As a player in the industry, OISL is committed to investing in our country and our people and our sponsorship reflects our passion for the growth and development of this important sector,” Owusu-Boateng explained. 

All 24 members of GHASALC will battle it out for the ultimate trophy through knockout phases with winners at each round progressing to the next stage of the competition.


Comments

Popular posts from this blog

PIAC told to go to court to enforce recommendations

By: Fred Yaw Sarpong
sarpong007@gmail.com

The Public Interest and Accountability Committee (PIAC), the mandated body to monitor the use of Ghana’s oil revenues has been asked to go to court to seek strict compliance of the laws covering accountability of oil funds in the country.

According to Dr. Steve Manteaw, the Campaign Coordinator for ISODEC and a member of the PIAC , it’s time for PIAC as a body to consider going to court to compel institutions responsible for managing Ghana’s oil revenue to answers some questions concerning the expenditure of oil funds.

He pointed out that there are several recommendations made by the PIAC in its past reports on management of petroleum revenues, and a lot of these recommendations has received no positive response from the institutions concerned.

He disclosed this to the Daily Express at a three-day workshop on Interrogating the 2016 Semi Annual PIAC Report at Koforidua in the Eastern Region.

The workshop was organized by the Institute of Financ…

BoG shuts down two financial institutions

The Bank of Ghana has closed down two financial institutions in the country. This was after the central bank investigation revealed that the two companies were operating without approval.

The two companies were Agro Development Fund Services Limited (ADFSL) and Hebron Financial Investment Limited (HFIL).

The Daily Express gathered that the ADFSL was asked to stop operating after the central bank realized the institution had not been licensed to take deposit from the public.

A statement from BoG said the ADFSL continued to operate despite the orders from the Bank of Ghana. It however closed down ADFSL’s operation until further notice.

The Bank of Ghana said that the ADFSL is located at Asufufu, opposite the Sunyani Traditional Council in the Brong Ahafo region.

“The decision to close down ADFSL is in furtherance of section 20(2) (g) of the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930). Bank of Ghana has investigated ADFSL thoroughly and has concluded that its a…

Graphic Communication Group staffs petition GJA Election Dispute Adjudication Committee

Some staffs of the Graphic Communications Group have petition the Election Dispute Adjudication Committee of the Ghana Journalists Association (GJA) concerning their grievances covering issues affecting the association.
The staffs of the company seeks some clarification on the mandate of the current executives of the association.

BELOW IS THE FULL STATEMENT (Not edited)
Dear Sir,
DISPUTE ABOUT THE MANDATE OF THE EXECUTIVES OF THE GHANA JOURNALISTS ASSOCIATION AND THE LEGALITY OF THE GJA ELECTIONS OF 2017
We the undersigned write to place before you our grievances covering issues affecting the Ghana Journalist Association, and we hasten to add that our grievances are placed before you in furtherance of our constitutional duty under Article 11 (e) of the 2004 Constitution of the Ghana Journalists Association.
We first of all seek clarification on the mandate of the current executives of the Association to be in office and take decisions to affect the wellbeing and welfare of the Associ…