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Absa Bank Ghana donates GHS 1 million to COVID-19 Trust Fund and offers financial support to customers

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Officials of Absa Bank Ghana making the presentation to the COVID19 Fund

As a demonstration of Absa Bank Ghana’s commitment to help in the fight against the Coronavirus, the bank has donated an amount of GHS 1 million to the COVID-19 National Trust Fund set up by the Government. The donation is towards the procurement of test kits and Personal Protective Equipment (PPE) to support increased testing and the protection of our front line health workers.

 

Absa Bank Ghana, in response to the economic impact of COVID-19 on its cherished customers, is also offering repayment moratorium of up to six months to all personal and business customers who have been impacted by COVID-19.

Additionally, the bank has reduced its lending rate by 2% on qualifying Personal, SME as well as loans to other impacted industries.

These measures take effect from 1st April 2020 and will be implemented across loans due in April 2020, subject to the necessary arrangements with the bank.

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Last week, as a way of supporting customers, the bank waived charges on interbank instant transfers on its digital channels and also made mobile money transfers of up to Ghs100 daily free.

The bank in a statement indicated that, in the face of the challenges customers are facing due to the COVID-19 pandemic, it was only right that the bank offered some relief to help customers remain in business.

Speaking on the support from the bank, Mrs. Abena Osei-Poku, the Managing Director, said “We have been closely monitoring developments and the growing concerns on COVID-19 in Ghana and the rest of the world as well as reports from government and health institutions. This pandemic is nothing we have seen before and is very alarming to say the least. As a caring bank, it is important for us to support our customers who keep us in business. While doing that, we are also aware of the efforts government is making to bring the situation of COVID-19 under control in Ghana. We therefore found it dutiful to support the government towards the purchase of test kits to help curb the spread of the virus and PPE for the protection of our front line health workers”.

The bank further stated that, it will keep monitoring the developments on COVID-19 and take the decisions that will be in the best interest of customers and employees.

‘Our primary focus is on serving our customers in a safe environment while maintaining the health and well-being of our employees, their families and the general public. We have ensured that our customers will have access to secure and convenient service during this period through our digital channels, Cash accepting ATMs and our Relationship Managers’’, noted Mrs. Osei-Poku.

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As part of the precautionary measures taken by the Bank against COVID-19, it has with effect from Monday, 30th March temporarily reduced its branch operations and encouraged customers to stay at home and use its digital channels for their banking transactions

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Truck driver arrested following train crash on Tema-Mpakadan railway line

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The Ghana Police Service has arrested the driver of a Hyundai truck, who allegedly abandoned his truck on the Tema-Mpakadan railway line, leading to a train crash on Thursday. (more…)

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Davido Inks Partnership with UnitedMasters For His Nine+ Records Venture

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Davido Inks Partnership with UnitedMasters For His Nine+ Records Venture

Making yet another major power move, three-time GRAMMY® Award-nominated Nigerian global superstar and Afrobeats pioneer Davido has inked a deal with UnitedMasters for his recently launched label Nine+ Records.

In this groundbreaking collaboration, Davido will spearhead artist development, A&R, and behind-the-scenes curation, nurturing a pioneering lineup of artists across the continent under Nine+ Records. United by a shared vision, the teams will work together to introduce and foster talent, amplifying Davido’s influence and extending his reach even further. This partnership marks a pivotal moment in shaping the future of African and world music.

Together, the teams will collaborate closely in order to not only introduce, but cultivate career talent. It only expands Davido’s influence and reach.

Read Also: Davido gifts fan $50k to payoff student loans

Of today’s announcement Davido said, “I couldn’t be more proud to partner with Steve and the team at United Masters, this announcement represents an exciting new chapter for developing and established artists around the world.”

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Steve Stoute, Founder and CEO of UnitedMasters states, “Over the last 2 years, we’ve proven our commitment to Africa investing in artists, education, and technology. Today, we are doubling down. With this new venture with Davido & the launch of Nine Plus Records, we reinforce our mission in becoming a bridge for artists on the continent. Together we’ll identify & develop new artists while supporting them with brand and synch opportunities.”

Nine+ Records will be announcing more artists and partners in the future.

Last night, Davido just sold out one of the most iconic venues in the world, headlining Madison Square Garden in New York City. He ignited the stage with what will be remembered as a historic set, bringing Afrobeats to the Big Apple in the biggest way possible. In advance of the show, he extensively spoke to Billboard who praised how “Performing in New York has also become a special ritual” for him.

This news also arrives on the heels of various major company announcements for UnitedMasters. The company locked down a high-profile alliance with SymphonyOS and Groover. Plus, it hosted its annual “A Celebration of Independence” GRAMMY® Concert at the Palladium in Hollywood, CA. The show boasted an all-star lineup, including headliner Davido, Uncle Waffles, Tokischa, Donavan’s Yard, and NLE Choppa. Of the latter, The Source wrote, “This marked the first time UnitedMasters featured international acts, solidifying its impact and representation within the global independent artist movement.”

Stay tuned for a whole lot more soon

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Court Orders Service Of Notice For DNA Test To Mohbad’s Wife

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Mohbad

The Chief Magistrate Court in Ikorodu has granted approval to serve a notice for a DNA test to the wife of late singer Ileriouluwa Oladimeji Aloba, known as Mohbad, at her last known address. (more…)

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Ghana’s New Train from Poland Crashes During Test Run

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Reports reaching Ameyaw Debrah Media indicate that the recently imported train from Poland, designated for the Tema-Mpakadan railway route, has encountered an accident. (more…)

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I got into music because my crush always associated with musicians – Tiwa Savage

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Nigerian songstress turned filmmaker, Tiwatope Savage has disclosed that she became a musician because she had a crush on a “guy” who was always around musicians.

(more…)

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Mr. Drew Addresses Allegations in JAMROCK EVENT CENTRE’s Lawsuit

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DREW

Renowned Ghanaian singer and dancer, Andrew Nii Commey Otoo, known by the stage name Mr. Drew has vehemently denied accusations of failing to perform at the Easter Dance Party organized by JamRock Event Centre. (more…)

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