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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

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    Ghana’s 2022 economic outlook to remain positive; GDP projected to grow by 5.3% – AfDB report

    African governments tasked to look within the continent in their bid for transformation

    COCOBOD closes purchases for 2021/2022 main crop cocoa season

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

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    6th Ghana CEO Summit to focus on digital leadership for the digital economy

    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

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    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

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Prez Mahama intervenes for DKM customers

bycitibusinessnews
June 30, 2015
in Banking And Finance, Business, Top Stories
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President John Dramani Mahama has directed the Bank of Ghana (BOG) to speed up processes and ensure that cash deposits of customers of the DKM Diamond Microfinance, a savings company in the Sunyani Municipality are paid them.

[contextly_sidebar id=”Vyf0vtX3Ko53ylnxopj11rZgSLIAujuF”]Barely two months ago, the Financial Intelligence Center, Ghana, a national anti-money laundering organization under the BOG, froze the accounts of the company, which has branches in Wenchi, Techiman, Nkoranza, Berekum, Wa, and Bolgatanga, for some operational lapses.

President Mahama gave the directive when he addressed a durbar of the chiefs and people of Ntotroso in the Asutifi North District, as part of his two-day working visit to the Brong-Ahafo Region.

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He was responding to a plea by Barima Twireku Ampem, the Omanhene of the Ntotroso Traditional Area, to intervene for the customers of the company.

President Mahama advised the DKM customers to exercise patience, as the BOG and management of the financial company worked out modalities to resolve the issue.

He charged the BOG to be more proactive, and step up measures to ensure that situations where financial institutions duped unsuspecting customers, were brought under control.

Barima Ampem noted that the closure of the company had affected economic activities, because cash deposits of hundreds of people in the area and the region as a whole were locked up.
–
Source: GNA

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