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Experts Consult adjudged Best Debt Recovery Company of the Year

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Experts Consult Limited (ECL) was adjudged the Best Debt Recovery Company of the Year at the recently organised Ghana Credit Excellence Awards 2020 held at Tomreik Hotel, East Legon, Accra.

The event was organised by the Chartered Institute of Credit Management Ghana (CICMG). The awards scheme was instituted three years ago to honour and reward companies that have achieved outstanding success in Credit Risk Management within the landscape of Ghana.

It was a way of appreciating the immeasurable hardwork of the award recipients and serve as a motivation and healthy competition amongst its industry players.

Apart from ECL, the organisers also honoured some of its members and passed out new trainees in Credit Risk Management.

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Mr. Amo Agyapong, Executive Secretary of CICMG, called on companies and institutions which sought the services of credit officers to consider professionals in the field.

Responding to the award conferred on his company, Mr. Nathaniel Johnson, the Chief Executive Officer of ECL, thanked CICMG for recognising industrious players in the credit industry.

He encouraged the organisers to keep the awards scheme running, so as to motivate institutions to apply professionalism in their service delivery.

He further called on financial institutions to uphold and comply with provisions in their various credit management policies to avoid the writing off loans as bad debts.

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According to Mr. Johnson, one of the things Experts Consult Limited had done over the years to gain the trust of its customers was its dedication and commitment to hard work, 90 per cent success rate of debt recoveries as well as maintaining a healthy relationship between the organisation and its clients.

He thanked clients and customers of Experts Consult for sticking with the company all these years and pledged the company’s support to their business needs. 

ECL is a legally registered company that was established in March 2007. It is one of the leading companies offering commercial debt recovery services in Africa. It specialises in the provision of Credit Management, Risk and Monitoring, Execution of Court Judgements, Revenue Collection, Debt Management and Process Service.

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Diaspora Affairs Office hosts African diaspora delegation ahead of citizenship conferment

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The Diaspora Affairs Office at the Office of the President has hosted a delegation of African diaspora women who are in Ghana ahead of a planned Presidential Conferment of Citizenship ceremony.

The Director of Diaspora Affairs, Kofi Okyere Darko, explained in a Facebook post that the visit was a gesture of appreciation by the delegation to the Government of Ghana for its continued efforts to reconnect Africans in the diaspora with their ancestral homeland.

He indicated that the ceremony, scheduled for next Monday, will officially grant Ghanaian citizenship to members of the delegation as part of the country’s broader engagement with the African diaspora.

The delegation was led by Erica Bennett, Founder of the Diaspora Africa Forum.

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According to Mr Okyere Darko, her years of advocacy have played an important role in strengthening ties between Africa and people of African descent living abroad.

He noted that the group’s journey towards citizenship represents not only a legal process but also a cultural and spiritual return to their roots.

Also present at the meeting was Natalie Jackson, an attorney who is also expected to receive Ghanaian citizenship during the ceremony. She works closely with renowned civil rights lawyer Ben Crump.

Mr Okyere Darko emphasised that Ghana remains committed to strengthening relationships with the African diaspora and promoting unity, identity, and shared heritage among people of African descent worldwide.

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By: Jacob Aggrey

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Ghana signs debt restructuring agreement with Belgium

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Ghana has signed a debt restructuring agreement with the Kingdom of Belgium as part of efforts to restore the country’s economic stability after the financial crisis that hit the nation in 2022 and 2023.

The Minister of Finance, Cassiel Ato Forson, today disclosed that he signed the agreement on behalf of the Government of Ghana.

He explained that Ghana experienced a very difficult period during the crisis, which forced the government at the time to declare a debt default.

However, he indicated that the country is now recovering and witnessing a significant economic turnaround.

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According to him, stronger systems are also being put in place to ensure that Ghana does not return to such a situation again.

Dr Forson noted that the agreement with Belgium is the eighth deal Ghana has concluded with countries under the Official Creditor Committee as part of its external debt restructuring programme.

He expressed appreciation to the Government of Belgium for its support and partnership with Ghana during the process.

The Finance Minister thanked Carole van Eyll, Ambassador of Belgium to Ghana, for her role in strengthening relations between the two countries.

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The agreement forms part of Ghana’s broader effort to restructure its external debts and stabilise the economy following the crisis.

By: Jacob Aggrey

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