UT Bank targets 80,000 customers with new promo

UT Bank has rolled out a

Addressing a press conference today 3 February, 2016 at the UT head office in Accra  to unveil the new promo dabbed"Switch Over", Mark Kwame Acheampong, General Manager of Retail Banking at UT bank said the new promo essentially gives the SMEs the "opportunity to do more".

Recharge card prices to go up by 10%

Prices of phones and mobile money transactions are set to go up as the Mobile Money Merchants Association are getting ready to increase price of recharge cards by 10% starting today, Wednesday, February 3.

The Association blames the imminent increment on the reduction in the commission of vendors on each card sold.

Meanwhile, MTN has threatened to sanction any recharge card vendor who increases the price of recharge card.

Speaking to Pulse business news,General Manager of Regional Sales of MTN, Abubakari Mohammed asked customers to resist any hikes in prices of recharge or mobile money  charges by vendors.

We go to the currency market now where

Currency                      Buying                         Selling

Dollar                             3.84                             4.14

Pound Sterling               5.503                            5.83

Euro                              4.20                             4.50

To updates from the stock exchange today

Fun Milk Ghana was the biggest loser of the day, dropping 5p to close at 0.95p....whereas SIC Insurance Companyrecorded the biggest gains, gaining 1p to close at 0.19p.