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Pulse Business Wrap 'Enough is enough,' ICU demonstrates for Opuni's removal

The union demonstrated today in Accra to present a petition to the ministry of labour and industrial relations, detailing instances of disrespect from the CEO to workers.

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'Enough is enough,' ICU demonstrates for Opuni's removal

The Industrial and Commercial Workers Union (ICU) has called for the dismissal of the CEO of COCOBOD Dr. Stephen Opuni from office for ‘disrespectful’ conduct and financial malfeasance.

The union demonstrated today in Accra to present a petition to the ministry of labour and industrial relations, detailing instances of disrespect from the CEO to workers.

According to the Union, Opuni is involved in secret sale of cocoa amounting to $1o million.

The also accused him of given punitive transfer to workers who disagree with him. 

 

Standard Chartered bank CEO cited for contempt over redundancy exercise.

Chief Executive Officer of Standard Chartered bank has been cited for contempt by an Accra high court for failing to obey a court order restraining the bank from going ahead with a redundancy exercise.

Kweku Bedu-Addo risk going to jail if he fails to purge himself by June 6, according to a judgment delivered by Justice Kweku Ackaah Boafo.

The Human Resource Manager of the Bank Rosie Ebe-Arthur was also cited for contempt by the court.

The two are to pay GHC20,000 or risk servicing a 21-day term in jail.

We go to the currency market now where

Currency                      Buying                         Selling

Dollar                            3.80                             4.10

Pound Sterling             5.48                              5.78

Euro                             4.28                              4.58

 

On how your stocks performed on the GSE Index today

Ecobank Transnational Incorporated were the biggest gainers of the day, gaining 1p to close at 0.10p.

There were no losers for the day.

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