BANK OF GHANA TO BLAME FOR CEDI’S SHARP DECLINE – J.P. MORGAN
Global leader in financial services and US firm, JP Morgan has warned that the likely restructuring of Ghana’s debt would further weaken the Ghana cedi, even if an increase in…
THE BOG AND COMMERCIAL BANKS WORKING TOGETHER TO “SCREW” GHANAIANS – SAMSON ASAKI AWINGOBIT
The country’s commercial banks and the Central Bank are allegedly working together to put individuals in a difficult situation, according to the executive secretary of the Importers and Exporters Association.…
THE STATE OF THE NATIONAL CURRENCY
The Ghana cedi has been performing very abysmally on the international market since the beginning of the year. An issue that is of great concern to all Ghanaians because of…
REPAYING MATURE T-BILLS A HEADACHE FOR THE GOVERNMENT
The government may have to choose from some challenging refinancing options to pay for Treasury debt that will grow in October 2022. Per Databank Research’s Weekly Fixed Income Update, the…
I ABHOR PAYMENT OF HUGE EX-GRATIA – TOGBE AFEDE XIV
The paramount chief and the Agbogbomefia of the Asogli, Togbe Afede XIV, has declared that he detests the payment of huge ex-gratia to people who have volunteered to serve their…
GRABBED BY THE NECK: LOCAL BUSINESSES IN THE WAKE OF HIKING POLICY RATES
On March 21, 2022, the Bank of Ghana (BoG) raised the Monetary Policy Rate by 250 basis points to 17 per cent. Dr. Ernest Addison, the Governor of the Central…