Last update: 13-Dec-2013 3:20 am
Friday, December 13, 2013
Trinidad & Tobago Guardian Online
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Republic Bank promotes T&T in Ghana
A team from Republic Bank, which has 32 per cent shares in Ghana’s HFC Bank, led by managing director David Dulal-Whiteway, were in the African country this week to commemorate T&T’s 37th Republic Day. The team took part in a session in Accta in which they shared the bank’s success with the media.
Republic’s chief economist Ronald Ramkissoon told journalists at the media engagement that T&T is one of the wealthiest and most developed nations in the English-speaking Caribbean, is listed among the top 66 high income countries in the world, and is one of the richest countries, with a per capita GDP of US$18,000.
He said the Republic Bank had become involved in the economic life of Ghana in keeping with the charter of the Africa Union (AU) to foster and encourage greater intra-regional trade and economic integrity. Ramkissoon called on individuals and corporate institutions in Ghana to look to T&T. “We are open for investments from Ghana and vice versa,” he said.
Dulal-Whiteway said: “The marriage between the Republic Bank and the HFC Bank is a marriage between the strongest and the wealthiest nation in the Caribbean and one of the fastest growing economies in Africa and the world as a whole.” High Commissioner of T&T to Nigeria and Ghana Nyahuma Obika announced at the media briefing that T&T is in discussions with the government of Ghana to establish a National Energy Skills Centre (NESC) in that country.
The centre is expected to serve as a skills development hub for citizens of Ghana who want to acquire knowledge in petrochemicals and the energy sector. Obika said Ghana and T&T have a long history of friendship and close political and cultural ties and the time had come to herald a new era of concrete south-south economic, cultural and social linkages which should be supported by establishment of an airline to connect the Caribbean with West Africa and Africa as a whole.
“This is the key to literally open the door to economic, social and cultural relations from across the Atlantic and reconnecting ourselves after 400 years of isolation,” he said.
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