Cash doubling adverts will be prohibited from 1st May – NFA

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Chairman from the National Film Authority (NFA), Socrate Safo has mentioned from 1st May 2021 all unapproved and unclassified advertisements surrounding money practice or money doubling is going to be clamped down.
The leader revealed that taking impact from 1st May, this kind of businesses will be subjected to move across the offices of the Safety and Exchange Commission (SEC) and Bank of Ghana (BoG) for a license to work in money doubling companies to run an advert to that particular effect.
Mr Socrate Safo stressed that businesses plus persons without license to work such businesses will be rejected with requests to get their own contents broadcasted.
“If a person approach us with a system and the content is about cash doubling, then we anticipate you to have such a permit.
If you are Mallam and you wish to double money all we have been requiring from you is to display us a license you have in the Security and Exchange Percentage and the Bank of Ghana to operate as a money doubler. If you don’t have it, then all of us can’t classify such articles for you, ” he observed.
The chairman added which the law on classification had been set to be implemented within June last year but some more engagement with Ghana Independent Tv producers Association (GIBA) caused this to be delayed.
He anxious that from 1st Might, with reference to the Development plus Classification of film Work 953, contents including documentaries, music videos, television programmes just before they are broadcasted will by way of a strict review by the Expert.
“We (National Film Authority) have been with them (GIBA) to and fro till date and we possess set May 1, to begin implementing the law and this phase was actually set in cooperation with GIBA. So in fact it has been a matter of engagement using the stakeholders, ” he stated on JoyNews.