Tag: Kojo Addae-Mensah
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SEC set to issue new licenses to streamline investment banking activities
Capital market operators who would like to engage in assisting firms to raise capital in the form of Initial Public Offerings and bonds should be ready to obtain separate licenses for such activities anytime soon. It follows plans by the regulator, the Securities and Exchange Commission, SEC, to ensure sanity in the market. This will…
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Swift payment of locked up funds critical to boost confidence in investment firms – Databank CEO
The Group CEO of Databank, Kojo Addae Mensah, wants government to expedite payments to customers of collapsed micro finance companies, Savings and loans and finance houses to facilitate onward payments to customers who have had their investments locked up in some fund management companies. The Receiver for the collapsed microfinance companies is currently paying a…
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Control expenditure to achieve budget deficit target – Databank CEO tells gov’t
Group Chief Executive Officer at Databank Kojo Addae-Mensah says government’s ability to hold its overall budget deficit to a maximum of 4.5 percent, will depend on a number of factors especially on how the government is able to control its expenditure levels. The Institute for Fiscal Studies (IFS) has already warned that government may record…
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Ghanaians cautioned against delaying saving for old age – Databank CEO
Group Chief Executive Officer at Databank Kojo Addae-Mensah has cautioned Ghanaians on the dangers of delaying saving for retirement, saying such delays is the reason why some people invest in risky investment schemes that promise high returns. According to him, the caution is warranted following insights gathered by Databank about the poor attitude to retirement…