Tag Archives: DORMANT

14-year-old dormant factory brought back to life in Central Region

After 14 years of shutdown, Coastal Groves Limited, a wholly owned Ghanaian organic orange juice processing factory in the Central Region of Ghana, was on Tuesday, re-inaugurated by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. The ceremony took on behalf of the German Federal Ministry for Economic Cooperation and …

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New rules to protect dormant deposits

The Bank of Ghana last week unveiled new regulations that address the sometimes controversial issue of inactive deposit accounts. Up till now, deposit-taking institutions have been allowed to apply their own definitions of what constitutes a dormant account and what to do with accounts they classify as dormant, and this has sometimes …

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