Ghanaian authorities Thursday said the use of foreign currencies to transact businesses in the country would no longer be permitted. The Bank of Ghana Secretary Sandra Thompson said the ban on illegal forex trading in Ghana is in accordance with the Foreign Exchange Act, 2006 and that "violations are punishable on summary conviction." Banks,…Ghanaian authorities Thursday said the use of foreign currencies to transact businesses in the country would no longer be permitted.
Banks, companies, institutions and individuals in Ghana are warned to desist from “engaging in foreign exchange business without a licence issued by Bank of Ghana.” Thompson noted such violations are punishable on summary conviction, by a fine of up to seven hundred penalty units or a term of imprisonment of not more than eighteen months, or both.
This guys are fast moving up ahead of the giant of Africa 🤦🏽♂️
Great decision!
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And Nigeria still dey look.
That's a good one, only if Nigeria will follow.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Federal Govt Accuses Ghana, Others Of Lobbying Companies To Leave NigeriaMinister of industry, trade and investment, Otumba Adeniyi Adebayo, yesterday told the House of Representatives Committee on Public Accounts that several Buck passing is not the answer to your problem. make Nigeria business friendly to encourage investors not cow Do we have the right atmosphere for business here. Thinking like this is why we may remain as we are or even retrogress. It's not Ghana but MaziNnamdiKanu ,IPOB, ESN that did it. Fools, how do you expect a sane company to continue to stay in Nigeria where there's no rule of law?
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