The Chief Executive of Ghana National Chamber of Commerce and Industry (GNCCI), has said that banks and the Bank of Ghana must put in place measures to see to the smooth running of the cashless system.
This follows a recent attack on a bullion van at Adedenkpo, a suburb of Accra where a police officer, Emmanuel Osei and a hawker, Afua Badu were shot and killed in the process.
Another attack ensued on the Kosoa-Winneba road Thursday afternoon.
Mark Badu-Aboagye, speaking in an interview on PM Express, said there have been instances where businesses have been attacked beyond the bullion van incident because there was cash involved.
This, according to him, prompted the need to change the old ways of business transactions into a cashless format in order to ensure the safety of the people.
“I think that going cashless also requires a certain level of technology and financial architecture which we will ask that those in charge I mean the Central banks and the banks should quickly put in place all these financial architecture to ensure that if you are going cashless you are also secured and you are safe and that you can do transactions at your convenience and nothing will happen to you,” he said.
He also called for an intense education on businesses as well as the public for the cashless economy to be achieved.
“To move from these cash economy to cashless economy I think that education is very key. We should be able to convenience and educate people that it is more convenient and easier to do transactions without cash. So you can sit in your office transfer money, buy something and pay for it,” he stated.
He said the Chamber will “collaborate with stakeholders, banks and central banks to ensure that we educate our members and everybody who have something to do with business and transaction to go cashless from now on.”
“As a Chamber I think it has dawned on us that we also have to join with the discussion, join with the dedications,” he added.
- KNUST students ordered to leave campus by Saturday
- 35-year-old banker in police custody for allegedly defiling 14-year-old girl
- I’ve not demanded funeral contributions from MMDCEs – Western Regional Minister
- There is food shortage, not food crisis – Deputy Agric Minister
- 2021 WASSCE: Two teachers arrested for attempting to help students
- So-called experts who told voters to ignore statistics in 2016 now in government holding up economic figures – Mahama
- Rev. Owusu Bempah, others granted bail
- Sept. 21, Kwame Nkrumah Memorial Day declared a public holiday
- Wait till harvest to know if this year’s output is better than the previous – Deputy Agric Minister
- Government suspends supply of premix fuel to British Komenda, Moree, two other landing beaches over light fishing
State owned enterprises record ¢670.4m profit in 2019 – Report
Improved level of literacy would deepen Ghana’s Democracy – Prof. Ameyaw-Akumfi
Don’t blame NPP Government for abandoned projects – Courage Nobi fires back at critics
First African president of IAA Global takes ‘Africa to the world’
CK Akonnor’s dismissal: Sports Ministry and GFA to pay former Black Stars coaches $605k
15-year-old JHS student wins 2021 Girls-in-ICT in Western North Region
Henry Quartey supports Psalm Adjeteyfio with part of his salary
Name and shame officials involved in WASSCE leakages – Nortsu-Kotoe tells WAEC
3rd Cohort of HR Mentoring Programme launched
First African President of IAA takes “Africa to the World”
Communication Ministry supports 100 girls in ICT with laptops
Don’t build a beautiful house at a place where you will spend so much in changing shock absorbers on your car- GREDA
Central Region Police charges transport union leaders assess drivers’ psyche
Africa Education Watch petitions CID over leaked WASSCE papers
Guinea coup: Let’s find durable solution to political crisis – Akufo-Addo to ECOWAS leaders