There is no problem with repatriation of export proceeds but there must not be forced conversion of those proceeds
into cedis.
Not exact matches
These ships were carrying thousands of kilograms of cocaine, with a street value running
into billions of Ghana
cedis.
Eagle FM, a Citi FM partner station in Walewale in the West Mamprusi District of the Northern Region was gutted by fire on Friday, destroying properties and equipment running
into several thousands of Ghana
cedis.
A letter signed by lawyer for Smarttys Management and Production Limited, Mr Kissi Agyebeng, to which the cheque paid
into the account of the Economic and Organised Crime Office (EOCO) was attached said, «See attached a cheque intended as the settling of the agreed first instalment of three hundred thousand
cedis drawn on the client's account of Cromwell Gray LLP.»
It is unclear the specific amount sunk
into this project by the NPP, but sources hint that it runs
into tens of thousands of Ghana
cedis.
And also don't forget that a few months ago I was alledged to have received over 40.5 million
cedis from BOST
into my private account at Fidelity Bank, purchased bullet proof vehicles for President Nana Addo, withdrew the 10 % deductions from the salaries of former ministers for private purposes, the list can go on and on and on.»
All these amounts to over 50 million
cedis, and there is also salary arrears of those who have been recruited
into the Ghana Education Service, and they have taught for months and have not been paid for those months that they have taught.
Members of the Future Life for the Disabled (FLD), a group of Persons Living with Disabilities, broke
into singing on Wednesday in appreciation of a 20,000 Ghana
cedis donation made to the group by NPP Presidential Candidate, Nana Akufo - Addo and Running Mate Dr. Mahamudu Bawumia.
According to the PURC, it put
into consideration a number of factors including
cedi - dollar exchange rate, growth in demand, consumer interest and availability of the service among others before going ahead with the increment.
In March this year five policemen, including the East Legon District Police Commander, DSP Emmanuel Basintale were arrested in connection with a number of alleged fraudulent gold deals running
into several millions of Ghana
cedis.
According to the bank, all balances in Foreign Currency Accounts (FCA) and Foreign Exchange Accounts (FEA) will continue to be held in foreign currency, and will not be converted
into Ghana
cedis as earlier announced.
Even though the amount involved has not yet been disclosed by EOCO, Daily Guide learnt that it runs
into several millions of Ghana
cedis.
On the December 29, 2017, an application by the Minority - led by its chief whip, Alhaji Mohammed Mubarak - Muntaka filed a motion, calling for investigations
into the levy and collection by the Ministry of Trade and Industry of the Ghana
cedi equivalent of various sums of money in US dollars, from expatriate businesses and related matters during the recently held Ghana Expatriate Business Awards in Accra.
This is because the Nana Addo administration has said revenue from oil and gas, as well as earnings from other mineral resources, will go
into funding the policy, which is expected to eat up some 400 million Ghana
cedis in its first year of implementation.
According to Mr. Yaw Owusu, the Assembly Member for the area, from January to March this year, more than 20 armed robbery cases had been recorded, whilst the victims lost many valuable goods including plasma televisions, home theatres, gas cookers and cylinders, clothes, jewels and cash running
into thousands of
cedis.
«What is to happen to the millions of Ghana
cedis that have been invested
into our schools.