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Hollard and Returnee Network, Ahaspora to discuss myth or reality of financial security
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The Business & Financial Times
July 13, 2021
Ken Ofori-Atta
The government has signaled a limited need for new financing from the domestic debt market, following the announcement of a new issuance calendar for July to September 2021.
The new issuance calendar announced by the Treasury Department of the Ministry of Finance last week indicates that, government intends to issue a gross amount of GH¢23.23 billion, of which about GH¢22.62 billion is to rollover maturities and the remaining GH¢611.94 million is meant for fresh issuance to meet its financing requirement during the period.
In the previous calendar, from June to August 2021, the government intended to raise GH¢ 8.13 billion and GH¢7.13 billion in July and August 2021, respectively. However, in this new issuance calender, after a critical look at market activities in the first half of the year, government now plans to raise GH¢ 8.10 billion and GH¢ 5.78 billion in July and August, respectively.
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IT Consortium, Ghana’s number one ranked FinTech in the Ghana Club 100 in collaboration with Axis Pensions Trust has launched RemitPlus.
The product, RemitPlus is designed to allow Ghanaians have access to value added financial services such as pension’s contributions whenever they receive international remittances.
Other value offerings that come with RemitPlus include an embedded life cover of GH¢ 5,000 for contributors and access to loan facilities from partner financial institutions using pension contributions as collateral.
Speaking at the launch, the Managing Director of IT Consortium, Romeo Bugyei was excited about the potential RemitPlus offers to financially excluded citizens, particularly women.
IT Consortium, Axis Pensions launches RemitPlus
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Graphic Online
BY: Graphic Business
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IT Consortium, a FinTech company in Ghana, has launched RemitPlus, a product designed to give Ghanaians access to value added financial services such as pensions contributions whenever they receive international remittances.
A press release issued by the company stated other value offerings that come with RemitPlus to include an embedded life cover of GH¢5,000 for contributors and access to loan facilities from partner financial institutions using pension contributions as collateral.
Speaking at the launch, the Managing Director of IT Consortium, Mr Romeo Bugyei, expressed delight about the potential RemitPlus offered to financially excluded citizens, particularly women.
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