Business
Liquidated Fund Management firms: Registrar General’s Department settles 85% of ¢1.2bn bailout cash
The Registrar General said the petition was to wind up 53 fund management companies
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FGR Bogoso Prestea to settle severance package of disgruntled workers
Mining operations can now continue in the interest of all parties and the local communities,” the communique noted.
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Top King’s Judgment does not cover the current location of our estate- Trassacco speaks
The Company has put forward the sequence of events which culminated in the Supreme Court judgment in the Civil Appeal No., J4/10/2019, entitled Empire Builders Limited vs. TopKings and 4 others;
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Take steps to identify owners of captured ATM cards within 24 hours-BoG to Financial Institutions
According to the BoG, this directive will “address the perennial complaints that emanate from the capture of Payment Cards at Automated Teller Machines of Regulated Financial Institutions”.
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Pay 30% revenue into Escrow Account – High Court orders Eni, Vitol
The 30 per cent revenue must be paid by the operators into an account agreed by all the contesting parties
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Unfair charges, fees should be abolished-BoG to banks, SDIs
According to the Bank of Ghana, these practices are unfair and impact negatively on the financial inclusion agenda of the country.
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Internal Auditors urged to implement Cybersecurity Measures
The advice was necessitated by reported cybersecurity incidents involving insiders and external consultants.
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Your 2023 deadline to banks to phase out substandard bullion vans is unacceptable-Dery to BoG
It has emerged that the central bank December 2020 issued several directives to financial intuitions to phase out and replace all soft-skinned CIT vehicles.
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Bankers Association to comply with latest standards in carting huge cash
Banks have given the firm assurance of working with the various security agencies and the Bank of Ghana in keeping the highest standards in carting huge cash.
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Stop buying or selling foreign currency or face prosecution-BoG warns unlicensed entities
“The sole legal tender in Ghana is the Ghana cedi and the Ghana pesewa. It is prohibited to price, advertised, and demand payment for goods and services in foreign currency.”
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