The Bank of Ghana (BoG) is engaging directors of ASN Financial Services Limited, a licensed Finance House, to find an amicable solution to the troubled indigenous institution.
The company, which specializes in investment services, credit issuance, and mortgage products, is currently struggling to meet the demands of some of its...
Optimal Reserve Ratio (Gold Reserve / Foreign Reserve)-Targeting (30%) , in tandem with Inflation-Targeting
The present Government's Cedi stability policies are recycled from 2000 - 2008 (Pre - Global Financial Crisis), and inappropriate for today's global monetary environment (Quantitative Easing dilutes Ghana's Cash Reserves), and some negative nominal interest rates...
Enquiries made by the B&FT have established that the Ghana Interbank Payment and Settlement Systems (GhIPSS), can handle the intermediary role in across-network mobile money transactions, a multi-million-dollar job the central bank has outsourced to a private company.
An insider source told the B&FT that what GhIPSS, a wholly owned...