Analyst backs revocation of Expresso’s license

According to the NCA, the move is due to Expresso’s inability to meet its regulatory obligations.

Expresso, last month appealed for an extension of the timeline leading to a possible revocation of its license.

But Mr. Chaalabi maintains that the move taken by the NCA is commendable.

“In my professional opinion, there is no need to redeem themselves, I don’t think they have that influence in the Ghanaian market and I think that as investors, I will just close down and find some other avenue to invest,” he added.

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