Finance Minister Ken Ofori-Atta has hinted that a new National Development Bank is set to be operational from January next year. According to Mr Ofori-Atta, all the necessary work has been completed for the institution to start operations. Background Mr Ofori-Atta in the 2019 Budget Presentation announced that they have made some progress in establishing […]
Tag: agricultural development bank
Tanzania: Us-China Trade War ‘To Blame for Tanzania Cotton Woes’
Dar es Salaam — The ongoing trade war between the US and China has been partly blamed for the current cotton marketing crisis in Tanzania, which has resulted in farmers withholding their produce over pricing concerns. Tanzania Cotton Board (TCB) director general Marco Mtunga has confirmed the problem, adding that the government was taking remedial […]
Finance Ministry meets financial institutions over 2020 budget
Ken Ofori-Atta, Finance Minister Officials of the Ministry of Finance have met a number of Financial Institutions as part of the series of engagements with stakeholders to solicit views for consideration into the 2020 Annual budget. The PFM law requires the Ministry to engage with different stakeholders for their inputs before the annual budget presentation […]
Sukhjinder Singh Randhawa formally initiates Dera Baba Online Yuva Utsav competition
CHANDIGARH: The Dera Baba Nanak Online Yuva Utsav competitions to be held by the State Government in commemoration of the 550th Prakash Purb of Sahib Sri Guru Nanak Dev Ji, formally commenced today with the Cooperation and Jails Minister S. Sukhjinder Singh Randhawa launching the official website in his office at the Punjab Civil Secretariat. […]
New National Development Bank to take off January 2020 –Ken Ofori-Atta
Finance Minister Ken Ofori-Atta has disclosed that a new National Development Bank is set to be operational from January next year. According to Mr Ofori-Atta, all the necessary work has been completed for the institution to start operations. Background Mr Ofori-Atta in the 2019 Budget Presentation announced that they have made some progress in establishing […]
Tanzania: Govt Pledges Payment to Cashew Farmers This Month
CASHEW nut growers will have all their stocked produce cleared and hauled to buyers before the end of this month, the government assured in Dar es Salaam yesterday. Obtaining the market for all cashew nuts means the government will pay all farmers from whom it directly collected the cash crop during the last season. "By […]
[Updated] ADBL heist: Deputy manager claims Rs 47.3 million was stolen
Kathmandu, September 25 Deputy general manager of the Agricultural Development Bank, Dirgha Aryal, says Rs 47.3 million was stolen from the bank’s Lahan branch. “This is the bank’s interest collected from the debtors,” he informs. The bank’s central office in Kathmandu suspended all staffers of the bank and sent a four-member team from the central […]
Nepal: 12 suspects rounded up for financial fraud
Representative Image. Kathmandu [ Nepal ], Sept 25 (ANI): Nepal Police on Wednesday rounded up 12 suspects for attempting to steal NPR 5 billion from various bank s and financial institutions in the country through hacking . According to Metropolitan Police Crime Division (MPCD), the preliminary investigation has indicated that a sum of NPR 40.7 […]
A dozen arrested for ATM fraud
Police on Wednesday make public those arrested allegedly for stealing money from ATMs of Agriculture Development Bank, during a press meet at Teku in Kathmandu. KATHMANDU, Sept 26: Twelve individuals have been arrested over their alleged role in stealing Rs 47.3 million from various ATM kiosks of Agricultural Development Bank Limited. On Wednesday, police made […]
Ghana: GTA Sensitises Food, Beverage Vendors On Safety
Ho — The Ghana Tourism Authority, on Tuesday organised a day’s sensitisation programme on food and hygiene for the informal food and beverage sectors in Ho. The programme was funded by the Ghana Tourism Fund and supported by the Agricultural Development Bank (ADB), Consolidated Bank of Ghana (CBG) and the Universal Merchant Bank (UMB). The […]