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Fallout from Ghana’s microfinance license revocation continues

PUBLISHED: Mon, 10 Jun 2019 13:55:44 GMT

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After a recent shake-up in Ghana’s Micro-finance Industry, depositors of the insolvent and dormant micro-finance companies will get a reprieve, as Bank of Ghana’s appointed Receiver will start to pay validated depositors from funds released by the government. Yaw Gywamfi, Executive Director of Ghana’s Micro-finance Institutions Network joins CNBC Africa to discuss these developments.