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The $3 billion Eurobond cash has finally hit Bank of Ghana’s accounts after the Finance Ministry closed the fundraising exercise in the last week of March.
JoyBusiness is learning that the funds “came through” on April 7, however we cannot independently establish whether the necessary transaction cost of the lead managers was taken out before the transfer.
The funds are coming after the Ministry finance, together with the Bank of Ghana officials led a three-day virtual roadshow to engage investors from UK, Europe, Middle East and Asia in the last week of March 2021.
Breakdown of the Eurobond funds
According to a statement from the Ministry of Finance, post-Eurobond issuance, the funds was raised in four tranches.
Unregistered data controllers to be sanctioned-DPC
January 19, 2021 Mrs Patricia Adusei-Poku (left) addressing the media Photo Michael Ayeh
Data controllers who fail to register with the commission will be sanctioned, the Executive Director of the Data Protection Commission (DPC), Mrs Patricia Adusei-Poku has warned.
She indicated that out of the numerous data controllers in the country, less than 5,000 had registered and acquired the right certification, while the majority of them failed to fulfil that requirement under the Data Protection Act of 2012.
“We will make our best effort and chase up as many as we can to prosecute those we can prosecute but I think it’s a big collaborative effort of all able citizens that will change the statistics and increase the number for us in a shortest possible time,” she added.