Written by Bank of Ghana
15 August 2011
The attention of the Bank of Ghana has been drawn to reports in the media about illegal money transfer activities. The Daily Graphic of August 11, 2011 carries a story to the effect that the Bank of Ghana, the regulatory authority, did not appear to be attaching the requisite relevance and urgency to the growing threat of unregistered foreign exchange transactions to the nation’s balance of payments and finances.
Another story in the Daily Guide, also of August 11, 2011 under the caption ‘Money Laundering booms’ reached a similar conclusion with advice to the Bank of Ghana to proactively promote the operations of formal transfer methods and act against illegal methods as well as consider allowing MTOs to transmit money out of Ghana as a solution to the growing menace.
Written by Danquah Institute
10 August 2011
The World Bank estimates that for 2010 alone, the total formal remittances worldwide by some 215 million international migrants amounted to $440 billion with $325 billion of this amount going to developing countries. A transfer of funds is any transfer that the payer (sender) makes through a Payment Service Provider (PSP) to make funds available for collection at another PSP if at any stage in the process the money is moved electronically, for example, by email or fax.
When a PSP (or Money Transfer Operator) transfers funds they rules stipulate that they must normally send information on the payer and payee (recipient/receiver) with the transfer. more>>>
Written by danquahinstitute.org
11 August 2011
The Danquah Institute has described as “very unfortunate” and “loss of a multi-billion dollar opportunity”, the decision by the Mills administration to discontinue with the arrangement by the previous government to make Ghana an offshore banking centre.
Nana Attobrah, Head of Research, DI, made this known when he addressed the press Wednesday on the growing multi-million dollar trade in illegal international transfer of money to Ghana.
Written by Kevin Bloom and Richard Poplak
15 August 2011
In the first part of this series, The Daily Maverick asked whether Africa really needs the interventions and investments of the People’s Republic. Our conclusion was that only time would tell. Now we look at why China needs Africa, and the answer seems to be no more complicated than “land and oil” (and a few other precious commodities). As of now, the relationship is far from even.
Ever heard of a “Baoding village”? If you haven’t you’re not alone, because there are anthropologists at universities in Australia and the Netherlands who are convinced they don’t exist.
- Outlawing Criminal Libel Laws in Ghana
- Address by Ambassador Kabral Blay-Amihere on occasion of 10th anniversary of repeal of criminal libel law and media foundation for West Africa
- DI press statement on tackling the $1bn illegal money transfers to Ghana
- Akufo-Addo to address maiden liberty lectures at Alisa Hotel
- Research International Opinion Poll - March 2011
- NGOs warn Ghana will miss MDGs
- Collateralisation and Ghana’s Petroleum Revenue
- Is IPAC losing its focus towards electoral transparency?
The Danquah Letters
Budget Statement 2011
Repayment Schedule for STX Loan
The Revised STX Agreement (Relevant Pages)
GoG, HFC, STX Joint Venture Agreement
Ghana's GDP Revised
BoG - Annual Percentage Rages (May 2010)
STX - Off-Taker Agreement
STX - Memorandum of Understanding
STX - Executive Approval
GoG STX Housing
Overview of GoG STX Housing Agreement
by Gabby Asare Otchere-Darko view
Right to Information Bill
Right ot Information Bill - Momorandum
Regina Vs Mabey & Johnson
Databank - Ghana's Economic Update (March 2010)
Asian Perspectives on Governance
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