Ghanaian President makes U-turn on planned stifling of local banks’
Ghanaian President, Nana Addo Dankwa Akufo-Addo seems to have soft-peddled on the planned recapitalization of bank operating in the economy which analysts have seen as a design to stifle struggling indigenous banks to the advantage of deep-pocket foreign banks. Addressing…
Ghanaian warns central bank against squeezing indigenous banks to extinction
A leading columnist in Ghana, Mr. Samuel Nii Narku Dowuona has written an open letter to the Governor of Bank of Ghana (BoG), Dr. Ernest Addison, warning of the multiplier effects of hiked recapitalization regime of banks in Ghana. BoG…
