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    Gold-for-oil: Govt spent $40m on first consignment – NPA

    Encourage China to support Ghana’s debt restructuring – Akufo-Addo to Germany

    Government to securitize $3.3bn in Central Bank loans

    Ghana withdraws $672m back-tax demand from MTN Group

    Come clean on gold-for-oil ‘fiasco’ – COPEC to govt

    Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms

    Deadline for debt exchange program moved to February 7 with new terms

    Government finally makes progress on Debt Exchange Program

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    Gold-for-oil: Govt spent $40m on first consignment – NPA

    Come clean on gold-for-oil ‘fiasco’ – COPEC to govt

    Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms

    $130bn and $170bn needed annually to bridge Africa’s infrastructural gap – Bawumia

    Government and Association of Banks reach agreement on DDEP

    DDE: Banks secure 5% coupon for 2023; other revisions

    Cocoa bill payment; BoG, COCOBOD others agree to roll over maturing investments

    AfriCatalyst to host conference on use of Special Drawing Rights to accelerate economic transformation

    Banks seek shorter maturities in local debt-swap deal

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    MTN to fight $773m tax bill from government

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    Huawei Equips 500 Traders in FinTech

    Africans urged to bolster adoption of Bitcoins

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Meta considered building a Twitter competitor to capitalize on Elon Musk’s ‘crisis’ at company

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    Nigeria’s national debt hits an all time as the country struggles with repayment

    What does 2023 hold? Predictions in payments for the year ahead for Africa

    Nigeria set to stop importation of refined oil and refine its own oil by 2023

    EIU analysts forecast grim economic outlook for Africa in 2023

    AUDA-NEPAD holds workshop for Youth and Media on AU Year of Nutrition

    Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

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adb workers call off strike

bycitibusinessnews
May 29, 2015
in Banking And Finance, Business, Top Stories
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Workers of Agricultural Development Bank (adb) have called off their day old sit down strike which began on Thursday.

[contextly_sidebar id=”SruJKMXPPJPK49nwIDOSgDFcod6EpV2H”]Workers embarked on the strike to press home their demand for government to sack its Managing Director, Stephen Kpordzih and also dissolve the current board.

A letter from the union leaders directing the staff to comply with the industrial action said: “With regards to the Board and Managing Director’s refusal to step aside for a proper examination of issues of gross incompetence and corruption raised by the joint unions and the failure of the appointing authorities to nominate external investigators to support the BoG to unravel the truth, we hereby declare a sit-down protest starting on the 28th of May 2015 till our shareholders do the needful”.

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The Employment and Labour Minister, Haruna Iddrissu earlier expressed disappointment over the action but promised to meet the workers to iron out their differences.

However a statement released and copied to Citi Business News, indicated that workers called off their strike after considering the effects of their action on customers.

“Dear colleagues…. in respect of the genuine support our customers have given us in this quest for truth, we at this time ask you to resume work to serve our cherished customers,”the statement said.

The statement further indicated their [workers] resolve to continually strive for truth.

“We hereby humbly ask our shareholders to respect the sanctity of corporate governance. We will continue to strive for truth, God being our guide.”

–
By: Marian Efe Ansah/citifmonline.com/Ghana

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