Dalex Finance Chief Executive Officer, Ken Thompson has warned that the financial system risks being undermined due to delays in prosecuting people …
Banking Crisis
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Majority of the 23 banks that met the Bank of Ghana’s recapitalization requirement of GH₵400 million, made huge profits in the last …
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Finance
It’s not unlawful to use Pensions Fund to rescue distress local banks – Prof. Gatsi on GAT concerns
by Kekeli Kuatsenu / News Editor 3 minutes readProf. John Gatsi said this during a discussion on issues surrounding the Ghana Amalgamated Trust (GAT) on TV3`s Key Points show.
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Business
Isaac Adongo accuses BoG Governor of deceiving investors with manipulated economic data
by Kekeli Kuatsenu / News Editor 14 minutes readHe alleged that the Central Bank has concealed and manipulated Ghana’s Net International Reserves (NIR) which is evident in the bank’s silence …
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Finance
TUC meets tomorrow on GHc2 billion Private Pension Funds for Troubled Banks
by Efo Korsi Senyo | Executive Editor 2 minutes readOn Monday, 14th January, 2019, the Trades Union Congress (TUC) is likely to hold a crunch meeting on government’s decision to support …
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FinanceOpinions
Ghana’s Banking Sector Reforms From Another Perspective
by Efo Korsi Senyo | Executive Editor 6 minutes readLast week the statutory regulator of the banking sector, the Bank of Ghana closed down two additional universal banks and announced 23 …
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Finance
BoG hasn’t been fair to Heritage Bank; it’s a “dangerous precedent” – Prof. Gatsi
by Efo Korsi Senyo | Executive Editor 7 minutes readThe Head of the Finance Department of the School of Business, University of Cape Coast, Prof John Gatsi, said the Bank of …
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Finance
BoG downgrades GN Bank, now savings and loans
by Efo Korsi Senyo | Executive Editor 1 minutes readThe Bank of Ghana has downgraded GN Bank to a savings and loans company. This was after the central bank finished what …
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Finance
Banking crisis: BoG and Gov’t approach cause the unending panic withdrawals – Prof. John Gatsi
by Efo Korsi Senyo | Executive Editor 4 minutes readProf. John Gatsi, the head of finance Department of University of Cape Coast has said the approach used by the central bank …
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Opinions
Isaac Adongo writes: Prosecute Ofori Atta, Addisson and Ogbame Tetteh
by Efo Korsi Senyo | Executive Editor 8 minutes readI wish to call on the Economic and Organized Crime Office (EOCO) to investigate and prosecute Hon Ken Ofori Atta, Minister of …