• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

BoG, Air Force Commission Helipad to airlift currencies to Sefwi Boako

2 years ago
in Features, highlights, Home, home-news, latest News, Lifestyle, Sports
1 min read
0 0
0
111
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

BoG, Air Force Commission Helipad to airlift currencies to Sefwi Boako

Following the accident of a Bank of Ghana Bullion Van in November 2019 at Techiman, in the Bono East Region of Ghana, the Management of the Bank of Ghana established a committee to investigate the circumstances leading to the accident and make recommendations to improve currency movement operations in the country.

Amongst other recommendations, the committee suggested to the Management of the Bank to explore other means of distributing currencies across the country. Based on the committee’s report, the Bank engaged the Ghana Air Force on the possibility of airlifting currencies to some of its Regional Offices in the country.

The engagement with the Air Force led to the signing of a Memorandum of Understanding (MoU), which made the Air Force to commence the lifting of currencies from Accra to Tamale in late 2020. After a successful lifting of currencies via the Tamale-Accra route, the two institutions begun ways of extending the services to other Regional Offices.

Based on the foregoing, the Ghana Air Force in collaboration with the 48 Engineer Regiment of the Ghana Armed Forces, begun the construction of a Helipad at the Bank’s Regional office at Sefwi Boako in the Western North of Ghana.

At a short ceremony on Thursday, 16th March 2023, the Air Force and the 48 Engineer Regiment handed over the newly constructed Helipad at Sefwi Boako to the Bank.

The helipad will boost the Bank’s currency movement operations to the Western part of the country by airlifting currencies from Accra to Sefwi Boako.

RelatedPosts

The Perils of Market Interventionism: When Political Pressures Threatens Ghana’s Economic Gains – The Way Forward

GAB Projects Drop in Lending Rates Starting August 6 Following BoG’s 300bps Policy Rate Cut

Local Bourse Rallies Strongly as GSE-CI Hits Near 7,000 Mark

The handing over ceremony was witnessed by officials of the Bank, the Ghana Air Force and 48 Engineer Regiment Officers. The Bank’s team was led by the Director of the Security Department of the Bank, Wing Commander Kwame Asare-Boateng (Rtd), Nana Buabeng of the Corporate Management Services Department and the Regional Manager of the Sefwi Boako Office. On behalf of the Governor, Wg Cdr Asare-Boateng expressed the Bank’s appreciation to the Ghana Air Force, 48 Engineers Regiment and other stakeholders for helping to construct the Helipad in record time. He indicated that the helipad will enable the Bank to transport currencies safely to Sefwi Boako without any attacks on the Bank’s bullion vans.

The Air Force and the 48 Engineer Regiment were represented by Air Cdre C.N.A Mills, and Lt. Col. Albert Tekyi.

Tags: Air ForceAir Force Commission Helipad to airlift currencies to Sefwi BoakoBOGHelipad
No Result
View All Result

Highlights

Treasury Exceeds Auction Target of GHS 3.86 Billion Amid Tightening Yields

BoG Raises GHS 15.38 Billion via 56-Day Bills to Reinforce Tight Monetary Policy Stance

Passage of Competition Law Key to Tackling DSTV’s Market Dominance – CUTS International

Why Are Interest Rates Still High? The MPR vs Market Rates Debate

Climate Change Is Making Africa’s Debt Burden Worse – New Debt Contracts Could Help

Nigeria’s EV Market is in Vogue as Foreign Investment Pours in

Trending

Business

The Perils of Market Interventionism: When Political Pressures Threatens Ghana’s Economic Gains – The Way Forward

August 4, 2025

The Perils of Market Interventionism: When Political Pressures Threatens Ghana's Economic Gains - The Way Forward Ghana’s...

GAB Projects Drop in Lending Rates Starting August 6 Following BoG’s 300bps Policy Rate Cut

August 4, 2025

Local Bourse Rallies Strongly as GSE-CI Hits Near 7,000 Mark

August 4, 2025

Treasury Exceeds Auction Target of GHS 3.86 Billion Amid Tightening Yields

August 4, 2025

BoG Raises GHS 15.38 Billion via 56-Day Bills to Reinforce Tight Monetary Policy Stance

August 4, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.