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Tag: Dr. Henry Kofi Wampah

Ghana Drops Narcotic Charges Against British Notorious Fugitive

Economy, Investing, News March 30, 2016March 30, 2016 MASAHUDU ANKIILU 0 Comments

Ghana’s State Prosecutor today dropped charges against British fugitive David McDermott suspected of involvement in narcotics business.

BoG Governor Bows Out of Office

Banking & Finance, Finance, News March 30, 2016 MASAHUDU ANKIILU 0 Comments

Bank of Ghana (BoG) Governor, Dr Henry Kofi Wampah, will retire on Thursday (tomorrow), cutting short a four-year term during which he has struggled to curb inflation and stem the decline of the national currency (Ghana Cedi).

Governor: I Had No Knowledge That My Son-In-law is a Fugitive

Banking & Finance, Finance, News March 13, 2016 MASAHUDU ANKIILU 0 Comments

The Governor of the Bank of Ghana (BoG), Dr. Henry Kofi Wampah, has categorically denied knowledge that his British son-in-law is a fugitive being sought after by the British government.

Ghana to Release $20M Daily to Stabilise Currency

Banking & Finance, Finance June 26, 2015July 1, 2015 MASAHUDU ANKIILU 0 Comments

The Bank of Ghana (BoG) has decided to intervene on the foreign exchange market with a daily supply of $20 million to allow foreign investors to participate in the country’s short-term debt instruments.

Ghana: Cost Of Doing Business Goes Up

Banking & Finance, Finance May 13, 2015June 3, 2015 MASAHUDU ANKIILU 0 Comments

The Monetary Policy Committee of the Bank of Ghana (BoG) has increased the policy rate by 100 bases points, citing threat to economy growth and the depreciation of the cedi against the US dollar, which is the major currency for import in the West African second largest economy.

Cost Of Doing Business Goes Up As Key Policy Hikes

Banking & Finance, Capital Market November 12, 2014November 13, 2014 MASAHUDU ANKIILU 0 Comments

COST of doing business in Ghana is expected to go up following the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) decision to increased its policy rate from 19% to 21%.

Bank Governor Ambushes Over $350,000 Hotel Waste

Africa, News September 30, 2014September 30, 2014 MASAHUDU ANKIILU 0 Comments

ALLIANCE for Accountable Governance (AFAG) , a leading pressure group in Ghana claims that the Governor of the Ghana of Bank (BoG) has spent a whopping sum of US$350,000 from June 2012 to September 2014, on his hotel accommodation since assumption of office.

Banking Assets Shoot Up By 39.7 percent

Africa, News September 22, 2014 MASAHUDU ANKIILU 0 Comments

TOTAL assets of banks operating in Ghana have risen significantly at the time that the Ghanaian economy is reported not to be doing well. From January to July this year, the country’s total banking assets increased by 39.7 percent to GH¢44.2 billion in July 2014.

1ST National Bank Rebrands To GN Bank

Banking & Finance, Finance September 18, 2014September 20, 2014 MASAHUDU ANKIILU 0 Comments

FIRST National Bank, a leading universal bank in Ghana, has changed its name to GN Bank, to help inject vigour into the growth of the bank.

Ghana Holds Key Policy Rate On Account Of Weak Growth

Economy September 17, 2014September 19, 2014 MASAHUDU ANKIILU 0 Comments

   THE Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained the policy rate at 19%, citing fiscal pressures and the volatilities in exchange rates, inflation outlook, mixed commodity price movements, and weak global growth.

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