unclaimed dividend

The Office of the Registrar of Companies has expressed worry about the several unclaimed dividends by shareholders. It is therefore making moves to ensure companies with unclaimed dividends transfer the funds to the office. This is to discourage the firms from borrowing the unclaimed dividends. The Registrar of Companies, Jemima Oware, speaking at a programme organised by the UK Ghana Chamber of Commerce said her outfit has opened an interest bearing account in both cedis and dollars to manage these dividends. “There are quite a number of companies that have actually dividends. The committee of experts saw that instead of…