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    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

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

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    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

    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

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

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    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

    Manufacture of petroleum products push PPI to 31.2% in April

  • TECHNOLOGY

    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

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    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

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

    Seth Terkper advises against e-levy; urges government to run to IMF

    AfCFTA members conclude negotiations on rules of origin to enhance free trade

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DKM customers pleased with amounts received from Official Liquidator

bycitibusinessnews
October 17, 2016
in Government, Top Stories
dkm

Some customers of DKM at the Bolgatanga branch of GCB Bank

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Customers of DKM Microfinance have expressed mixed reactions over the payments of their locked up cash by the Official Liquidator.

Payments for the first batch of validated creditors commenced this morning at the eight selected branches of GCB Bank.

Citi Business News understands that at least 4000 customers will be paid each day starting from today until the final payments are concluded.

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bolga 5

Some customers who have been speaking to Citi News’ Upper East regional correspondent, Frederick Awuni maintained that they are pleased with the outcome of events.

“I was coerced to invest a total of 16,000 cedis which I had budgeted for some construction work… indeed I am happy even though this is half the total amount I invested with the company. I was given 8000 cedis and I think that it is better than those who will not be receiving anything for their locked up investments,” one customer remarked.

bolga 4

Another opined,“I had used my school fees to invest in DKM so I had to contract a loan to pay my fees; I am however happy that I have received the full amount even though it has delayed.”

Frederick Awuni also reports that hundreds of the expectant customers converged on the premises of the GCB Bank in anticipation of receiving their monies.

According to him, each customer went through a confirmation process that lasted for about five minutes before finally being given the amount to be paid.

Earlier, the spokesperson for some of the affected customers, Fred Kuuyine asserted that his members will only be satisfied when they receive their monies in full.

–

By: Pius Amihere Eduku/citibusinessnews.com/Ghana

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