Auto loan scheme is an opportunity for teachers to own vehicle to facilitate their movement to and from school. Most schools in our country have no residential facilities for teachers, some teachers travel from far to school. Sometimes teachers have to wake up early to join long que for public transport popularly known as trotro. This auto loan scheme for teachers can reduce Teacher Absenteeism in our schools, some rural areas you can only travel there once a week, that is the market day. Apart from the
May public sector workers will admit they have suffered for too long with unsolicited loan messages from numerous loan firms promising them juicy interest rates. Some workers have threatened to sue CAGD for releasing their personal information to loan companies. These firms send messages at least daily to random staff on the controller and accountant generals department payroll. Many have alledged that some officers within the department share these contacts with the loan firms whilst others suggested it was
Kantanka Vs. VW Auto Loan Scheme For Teachers Teachers Auto Scheme is loan facility for teachers own their vehicles and pay back for period years. Katanka Automobile is capable of manufacturing smaller cars on a large scale, and these smaller cars will come with affordable prices. If government grant Katanka with tax incentives, Katanka will be able to produce a large scale and employ majority of the youth. Kantanka Automobile to manufacturer smaller vehicles with engine capacity of 1.0 -1.8 litters.
Ghana Education Service: Caution to All Teachers Teachers receive numerous text messages daily from financial services requesting to offer them loans, most of these messages are from fraudsters who parade themselves as officers of financial institutions.
Sometimes we play too much with people's lives and that usually ends up with us, either hurting their business or hurting their finances. A 28-year old man has been apprehended by brothers of Veronica Apaw after he crashed the load he was supposed to deliver to Veronica's shop. Veronica is a mother of three and a widow whose husband left her to the land of six feet in 2014. Ever since, Veronica relied on selling of pure water and ice Kenkey on the streets until she was able to feed herself and the children
VW to Manufacture Low Fuel Consumption Vehicles For Teacher’s Auto Loan Scheme Volkswagen is expanding its footprint in Sub-Saharan Africa with the official opening of a vehicle assembly facility in Accra, Ghana. With this engagement, Ghana becomes the fifth Volkswagen vehicle assembly location in Sub-Saharan Africa; the other locations are in South Africa, Kenya, Nigeria and Rwanda. Universal Motors Limited, a licensed Volkswagen importer since 2005, has been awarded the assembly contract for the initial
The Students Loan Trust Fund is a public financial agency which support students with loans. Tertiary students in accredited institutions have equal opportunity to access these loans to cushion them while in school. It may not be that much though but half a loaf is better than none. However, before a student can access these loans, they have to go through application process which can easily be done online through www.sltf.gov.gh and provide the required particulars. Alternatively, an applicant may contact the
COVID-19 pandemic generally crippled the economic growth of almost every nation affect. In the earlier management of pandemic in Ghana, the president (H.E Nana Akufo Addo) stated... We know how to bring the economy back to life. What we do not know is how to bring people back to life. In the quest to achieve this, the government promised to give loans to most Small and Medium Scale Enterprises (SMEs) to support their business. Measures such as filling of forms and online registrations for the loans have been
It is easy to get a credit or a loan within this period. The quantity of cash loaning organizations and miniature money firms in Ghana is developing. Thus, recognizing the best moneylender for you can be testing. Loaning firms eliminate the topic of underwriters and security before they offer their advances. Banks, then again, will approach you to look for underwriters and afterward you need to make sure about your advance. While there are numerous experts of banks, borrowers should be sharp not to be conned
First of all, a mortgage is a loan taken out to buy property or land, Most run for 25 years but the term can be shorter or longer, The loan is ‘secured’ against the value of your home until it’s paid off, If you can’t keep up your repayments the lender can repossess (take back) your home and sell it so they get their money back. Republic bank has been the premium mortgage company in Ghana, it was formally called (home finance company) HFC bank and this company has been in business for more than a decade
Starting a business is exciting but there’s one big question you have to answer right off the bat: How will you fund it? The good news is, there are plenty of business financing avenues to choose from for entrepreneurs who need cash to get operations up and running. Read through this in-depth guide to learn how to finance a new business, then explore your business financing options. There are multiple ways to finance a business and some might be better suited to your needs than others. Understanding how
Most people have embezzled state funds and others have taken judgment debt from the republic of Ghana, and if all these monies are retrieved from these individuals, those monies can even be used to build schools and hospitals and thus development will improve in the country. Alfred Agbesi Woyome is believed to be owing Ghana an amount of GHC 51.2 million he took as Judgment debt from the government of Ghana some time ago and recently GH¢13,850,000 has been raised to settle part of the GH¢51.2 million he owes
There are a couple of alternative ways that you simply can make to forestall the start of educational loan default. it's simply how or another fundamental for you to place your advantage and endeavors on forestalling it. Here are the potential ways you'll consider: 1. make sure that you comprehend your credit alternatives even as the connected duties preceding removing an understudy loan. 2. Essentially make your installments on schedule. 3. If conceivable, advise your moneylender or specialist co-op immediately
From rental car insurance, clothing fads, late payment fees, unnecessary groceries to branded products and more, watch till the end to learn about all of them.1.
As the December election approaches, a lot of views are going to be expressed on policies of various till the elections are over. In view of this, Edem, the Over Again hitmaker, has added his voice to the trending issue concerning a policy on rent advance payment in the country. The issue which is trending on social media especially on Twitter had people talking when an NPP member, E.A. Tetteh, Ph.D shared a policy of the party, suggesting that the introduction of the National Rental Assistance Scheme(NRAS),
In fact, if you have never taken a huge bank loan before, you may not really understand the pressure you feel upon you, coupled with the stress you go through when the loan repayment is drawing near; especially when you know very well that you cannot afford to repay the loan, left alone, the interest on it. When I completed Senior High School (SHS) in Ghana, in the year 2015, my 42-year-old mom had to take over the responsibility of paying the bills in the house and to provide food on the table; following an
In Ghana, It is illegal for any person or Institution without the mandate of the Bank of Ghana to advertise and engaged in "Money Doubling", "Card Loading" and "Credit Loading Systems" activities on traditional and social media platforms. The Bank of Ghana is cautioning the general public against the practice of Money Doubling, Card Loading and Credit Loading Systems across the country. According to them these practices involve inviting members of the general public through traditional and social media outlets
As we all know, the current parliament's term of office is coming to an end but that notwithstanding, it is still going on its duties. The 7th parliament which is the current parliament now, has approved €18.8 million euros loan, to procure an additional 112 ambulances for the National Ambulance Service. The loan facility is between the Government of Ghana represented by the Ministry of Finance and the Deutsche Bank AG, Frankfurt am main for an amount of €18,815,000 including Euler Hermes Premium guarantee
The Coronavirus Aid, Relief, and Economic Security (CARES) Act and the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 provide fast and direct economic assistance for American workers, families, and small businesses, and preserve jobs for American industries. The $900 billion Consolidated Appropriations Act of 2021 (2021 CAA) was recently signed into law. While the focus has been on a second round of relief payments to most Americans, there is plenty more in the 5,000-plus pages of the
CEO of the Students Loan Trust Fund (STLF) Nana Agyei Yeboah has said the Ghana Card will make it simpler to follow borrowers of the Fund if the arrangement of the New Patriotic Party (NPP) and the National Democratic Congress (NDC) to scrap the underwriter framework in the securing of the advances by the understudies happens as intended. The two players have vowed to suppress the underwriter framework in obtaining of advances by understudies from the STLF. VP Dr Mahamudu Bawumia said during the dispatch