Banking & Finance

Ghana’s Banking Sector Reforms From Another Perspective

Last week the statutory regulator of the banking sector, the Bank of Ghana closed down two additional universal banks and…

Court issues warrant for the arrest of Menzgold directors

Information reaching Awake News has indicated that the Accra Circuit Court has issued an order for the immediate arrest of…

Menzgold had 1.8m customer including politicians with $2m and $3m deposits

As the Central Bank, together with allied state agencies of security and intelligence, chase sneaky Menzgold over scam banking deals…

BoG hasn’t been fair to Heritage Bank; it’s a “dangerous precedent” – Prof. Gatsi

The Head of the Finance Department of the School of Business, University of Cape Coast, Prof John Gatsi, said the…

Downgrading Is Not Liquidity, Focus On Restoring Liquidity – Prof. Gatsi Tells BoG

The head of the Finance Department of the University of Cape Coast is advising the central bank to rather focus…

The Banking sector reform is not complete without restoring liquidity – Prof. Gatsi

Since 2017, about seven bank has collapsed. The crisis has lead to unending panic withdrawals at some local bank with…

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