Tag: Pensioners
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Pensioner Bondholders suspend picketing at Finance Ministry
The Pensioner Bondholders Forum has suspended its planned picketing at the Finance Ministry to protest the non-payment of outstanding coupons. This follows the resumption of payments of the coupons by government on June 27. On June 22, the pensioner Bondholders began a third round of picketing at the Finance Ministry to demand seven outstanding coupons…
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Govt pays outstanding coupons to individual bondholders
Government has commenced payments of outstanding coupons to individual bondholders who failed to participate in the Domestic Debt Exchange programme. In a statement, the coalition of Individual Bondholders confirmed the payments of matured coupons to its members but called on the Ministry of Finance to review its communication management and reposition it for proactive engagement…
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Pensioner bondholders lament govt’s failure to pay matured coupons
The Pensioner Bondholders Forum has expressed disappointment over government’s failure to pay out matured coupons to investors who did not tender their bonds under the Domestic Debt Exchange Programme. This is the second time the government has failed to pay coupons that matured between February 6 and 20. In an interview with Citi News, Dr.…
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Pensioners to be affected the most by non-payment of dividends – Financial Consultant
Financial Consultant and CEO of Sambed Consult, Sam Bediako Asante, says pensioners are likely to be impacted the most by the Bank of Ghana’s directive asking banks not to pay dividends to shareholders for the 2019 financial year. He argues that such persons, who rely largely on proceeds from the profits of companies listed on…