Tag: Ernest Addison
Ghana’s Monetary Policy Committee decided to keep the country’s policy rate unchanged at 14.5 percent citing elevated risks to inflation outlook, sharp downturn in GDP growth which are fallouts of the COVID-19 pandemic. Emmanuel Tsigbey, Chartered Economic Policy Analyst joins CNBC Africa for more.
Following the recent collapse of five banks in Ghana, Bank of Ghana governor Ernest Addison is adamant about the state of the banking industry as he revealed that the total assets in the country's banking sector were up 15.7 per cent as at the end of June. Arnold Dublin-Green, Portfolio Manager at Ecobank joins CNBC Africa to discuss the state of Ghana's banking sector.
BoG’s Ernest Addison on resolving challenges facing Ghana’s banking sector
Ghana's central bank will not finance the government's budget, its new governor, Ernest Addison, said on Friday as the regulator seeks to keep fiscal consolidation on track.