Tag: GSIA
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Increase cash pay-out to fund management companies – GSIA urges Gov’t
The Ghana Securities Industry Association (GSIA) has appealed to government to increase the cash pay-out to existing fund management companies in the country to enable them honour their obligations to their customers. According to GSIA, this will ease the current tensions among stakeholders in the industry. The appeal comes days after the Securities and Exchange…
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We have GH¢1.35bn locked up in collapsed Microfinance, S&Ls – Fund Managers lament
The Ghana Securities Industry Association, GSIA, is appealing to the Ministry of Finance to urgently facilitate the payments of locked up monies estimated at 1.35 billion cedis, belonging to its members in the collapsed Savings and Loans and Microfinance Companies. The Association says the delay in accessing their funds is affecting onward payments to their…