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Showing posts from June, 2020

Burundi president dies of cardiac arrest at 55

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Burundi’s President Pierre Nkurunziza, aged 55, has died after suffering a cardiac arrest, the government says He was admitted to hospital on Saturday after feeling unwell, his condition improved but on Monday he had a cardiac arrest and efforts to revive him were unsuccessful, the government says. Mr Nkurunziza was due to step down from the presidency in August. In 2015, the announcement that he would run for a third term plunged the country into chaos. On his death, he had been president for 15 years. After a change in the constitution, he was able to run for a further term in last month’s election but he decided to retire and was to be known as the “supreme guide to patriotism”.

We’ll announce restoration of some fund management firms’ licenses soon – SEC

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Date: Jun 09 , 2020 , 13:30 BY: Enoch Darfah Frimpong Chief Executive Officer of the SEC, Rev. Daniel Ogbamey Tetteh Chief Executive Officer of the SEC, Rev. Daniel The Securities and Exchange Commission (SEC) will in the coming days restore the licenses of some fund management companies whose licenses were revoked in 2019. The Chief Executive Officer of the SEC, Rev. Daniel Ogbamey Tetteh made this known in  a radio interview on Accra based Citi FM Tuesday morning.   In the radio interview with Citi FM's Bernard Avle, Rev Tetteh said eight of the firms appealed to the Administrative Hearing Committee of the SEC and some of them have been successful, hence the decision to restore their licenses. “There were eight firms that appealed and this was soon after the revocation. They appealed against the revocation. So, the administrative hearings committee, which excludes myself and the executives have within this period also been meeting the various firms and hearing the