Founder of Groupe Nduom Companies, Dr. Papa Kwesi Nduom, is blaming the current economic hardship in the country on what he calls government’s deliberate and hasty, decision to close down banks and savings and loans companies from 2017 and 2019.
During a Facebook Live session earlier today, Dr Nduom stated that the Ken Ofori Atta – led Finance Ministry’s failure to honour payment certificates to government contractors and its efforts to “cleanse” the financial sector of entrepreneurs created significant challenges for local businesses, driving many to the brink of collapse and exacerbating economic instability .
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