Bank of Ghana profits unduly from high rates - Togbe Afede XIV

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Julius 1 year ago

Excellent presentation! Are the authorities aware of the fact presented?

Excellent presentation! Are the authorities aware of the fact presented?
GHANAMAN 1 year ago

His understanding of things is like a simpleton. High interest rates add to costs of production and prices. Any child knows that. WHAT HE DOESNT UNDERSTAND LIKE THE SIMPLETON ACCOUNTANT THAT HE IS, IS THE EFFECT OF RAISING TH ...
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His understanding of things is like a simpleton. High interest rates add to costs of production and prices. Any child knows that. WHAT HE DOESNT UNDERSTAND LIKE THE SIMPLETON ACCOUNTANT THAT HE IS, IS THE EFFECT OF RAISING THE POLICY RATE TO MODERATE DEMAND BOTH FROM PRODUCERS AND CONSUMERS. AND HE IS ON THIS HIS RIDICULOUS CRUSADE TO BE GIVEN CONTROL BANK OF GHANA. THAT WOULD BE MAHAMA'S BIGGEST MISTAKE. SOMEONE WHO DOESNT KNOW MUCH ECONOMICS AND WONT LISTEN. BIG DIGRACE FOR YALE. HE DOESNT KNOW HOW FUNNY HE SOYNDS TO ECONOMISTS OR PEOPLE WHO KNOW MACRO ECONOMICD. SHAKING MY HEAD. SOMETHING SO BASIC
Gborlahn 1 year ago

Surely, it can't be worse than what we are experiencing now if he's even interested in running BOG. Even, so called economic whizz kids have performed abysmally.

Surely, it can't be worse than what we are experiencing now if he's even interested in running BOG. Even, so called economic whizz kids have performed abysmally.
Abrantie 1 year ago

That's what he is campaigning for. And it would be worse with his infantile,narrow minded understanding of economics and arrogance. Bogus ecobomics. Doesnt know anything, just arrogance, infantile thinking that he is smart an ...
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That's what he is campaigning for. And it would be worse with his infantile,narrow minded understanding of economics and arrogance. Bogus ecobomics. Doesnt know anything, just arrogance, infantile thinking that he is smart and bullying people yo accept that. If you don't know this idiot and his behaviour, look at how he bastardized the national house of chiefs with zero leadership, no consensus, divisiveness in the house, exchange of insults of eminent chiefs, warring press releases everyday, confusion. From day one, this fool would start fighting Mahama, the Ministervof Finance, the management and staff of BOG, create divisions, and be gossiping abiut ither leaders.. you dint know this idiot. Worst mistake Mahama would ever do by inflicting this character on Ghana
Abrantie 1 year ago

He would collapse Bank of Ghana ankasa. You don't know his behaviour!

He would collapse Bank of Ghana ankasa. You don't know his behaviour!
Citizen Vigilante 1 year ago

You only raise Policy rate when inflation is demand driven and not supply driven as in our case.The continuous hikes in policy rate will only crowd out businesses.The monies printed by BOG is in the hands of Government rather ...
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You only raise Policy rate when inflation is demand driven and not supply driven as in our case.The continuous hikes in policy rate will only crowd out businesses.The monies printed by BOG is in the hands of Government rather than businesses.This is the problem.Read to understand!
Nana 1 year ago

Google man Kweku Tsin Otchee-do,Cheee

You think BoG is like managing Hearts of Oak for 25 hours a day unsuccessfully?

Google man Kweku Tsin Otchee-do,Cheee

You think BoG is like managing Hearts of Oak for 25 hours a day unsuccessfully?
Nana 1 year ago

Do that and see what happens to producer price inflation! You don't anything, you won't keep quiet. You open your mouth and people confirm that you don't know much

Do that and see what happens to producer price inflation! You don't anything, you won't keep quiet. You open your mouth and people confirm that you don't know much
Nana 1 year ago

Producer prices would keep increasing, sustaining the prices of final goods in the market. If you don't know anything, FYI

Producer prices would keep increasing, sustaining the prices of final goods in the market. If you don't know anything, FYI
Patriot 1 year ago

Very funny when you denigrate the author as a "simpleton" with commentary that is incoherent, riddled with errors and devoid of any substantive reasons why the analysis is wrong. Just saying!

Very funny when you denigrate the author as a "simpleton" with commentary that is incoherent, riddled with errors and devoid of any substantive reasons why the analysis is wrong. Just saying!
Abrantie 1 year ago

This is someone who collapsed Pioneer Kitchenware PK in Tema, talking about management of a central bank? Rural bank even, he would collapse it! PKL was a good company on the stock exchange, this guy bought majority shares in ...
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This is someone who collapsed Pioneer Kitchenware PK in Tema, talking about management of a central bank? Rural bank even, he would collapse it! PKL was a good company on the stock exchange, this guy bought majority shares in the company some year ago. After one year, the factory is no more, turned to junkyard, fought with the management and sacked all the workers to go and stay at home. Such bad management, self acclaimed best investment banker in the world. The company couldnt even file required regular documents to the stock exchange and was delisted. The other shareholders dont know what has happened to their shares. A company that used to export, now you can't find any PKL product in any market. This incompetent loudmouth?
Abrantie 1 year ago

When his incompetence is highlighted he would come and be pointing at Sunon power plant and Africa World, Chinese owned and managed companies that he has 5% shares in to be their local agent

When his incompetence is highlighted he would come and be pointing at Sunon power plant and Africa World, Chinese owned and managed companies that he has 5% shares in to be their local agent
Citizen Vigilante 1 year ago

You’re clearly deranged and it’s glaring.Did you understand the issues at all? You’re the people who play the man with the ball.When you’re asked to provide details about this crass you’re spewing, you’d be strugg ...
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You’re clearly deranged and it’s glaring.Did you understand the issues at all? You’re the people who play the man with the ball.When you’re asked to provide details about this crass you’re spewing, you’d be struggling to even make a point.How is this your needless narrative important to the discussion?Togbe Afede is a fountain of knowledge and credibility and not these your rants that can change anything.
Joe 1 year ago

This man keeps claiming high interests cause currency depreciation. He doesn't know how stupid he sounds. Such an idiot says he attended business school! Unbelievable! He should stick to accounting. Lol!!!!

This man keeps claiming high interests cause currency depreciation. He doesn't know how stupid he sounds. Such an idiot says he attended business school! Unbelievable! He should stick to accounting. Lol!!!!
Naana Jane 1 year ago

The implied accusation that BoG raised interest rate to profit and pay high salaries from it doesn't even make any analytical sense. In those years that the monetary policy rate was 15%, much lower than the current rates, wit ...
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The implied accusation that BoG raised interest rate to profit and pay high salaries from it doesn't even make any analytical sense. In those years that the monetary policy rate was 15%, much lower than the current rates, with the same number of staff, were the labor costs substantially lower, did BoG shut down because they couldn't pay salaries. Did the salaries more than double between the two monetary rates???? This guy is just an invertebrate loudmouth, jealous of BoG management. He thinks Mahama is going to make him head BoG. That's why he keeps haranguing government to separate chairman of the board from the governor. So they can appoint him the chairman. Meanwhile he doesn't have much clue how things work. Just insatiable need for self glorification. Bank of Ghsna workers must be alert to fight any such appointment. He would come and collapse the bank further, turn it into a self glorification office for his over bloated ego, tantrums, villager character
Mensah 1 year ago

Maybe he is campaigning to be made the Internal Auditor of Bank of Ghana. We never know, Lol!!!!!!!

Maybe he is campaigning to be made the Internal Auditor of Bank of Ghana. We never know, Lol!!!!!!!
Citizen Vigilante 1 year ago

Your pinned brain won’t be able to appreciate the point he’s making and that’s fine,we won’t begrudge you but don’t come and expose your foolery to the public.You should do better

Your pinned brain won’t be able to appreciate the point he’s making and that’s fine,we won’t begrudge you but don’t come and expose your foolery to the public.You should do better
Nana 1 year ago

Didn't know you wee even jobless like this

Kweku Tsin

Didn't know you wee even jobless like this

Kweku Tsin
GHANAMAN 1 year ago

In my life, I have never seen any character so anxious to reveal everyday that he doesn't know much finance or economics, so arrogant that he would never accept that he is wrong. High policy rates have been used by central ba ...
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In my life, I have never seen any character so anxious to reveal everyday that he doesn't know much finance or economics, so arrogant that he would never accept that he is wrong. High policy rates have been used by central banks all over the world for 100s of years to manage inflation down, and are still being used by the US, UK, Germany, EU Central banks, etc. today today!!! If you dint know anything!!!! This your crusade is even a disgrace to Yale that tou dont understand this simple thing. Even abasoc class in finance, economics, business teaches this. Tweeeeakai. What a character
GHANAMAN 1 year ago

Basic class in first degree teaches this. You are the person to teach PhDs in economics your bogus monetary theories What a joke! Theories from Hearts park, where have you ever practoced as an economist??? Thats right, a big ...
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Basic class in first degree teaches this. You are the person to teach PhDs in economics your bogus monetary theories What a joke! Theories from Hearts park, where have you ever practoced as an economist??? Thats right, a big far zero just a loud mouth and excessive pride.. Always lobbying for post. You thought Mahama was going to make you VP. Suliaaaaaa!. Now lobbying to be chairman of Bank of Ghana. That would be the biggest disaster for Ghana!!! What did you achieve as chairman of NIB board? Is the bank any better bank??? Incompetent fool always parading himself as someone special. Mtscheeeew
Kwame 1 year ago

Have you bothered to read what Togbe has presented? Togbe’s message is clear. You can continue spewing rubbish, you BOG employee. Ghana would’ve been a better place with a few more of such a patriotic, principled and cour ...
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Have you bothered to read what Togbe has presented? Togbe’s message is clear. You can continue spewing rubbish, you BOG employee. Ghana would’ve been a better place with a few more of such a patriotic, principled and courageous persons like Togbe.
Tony 1 year ago

“Ghanaman”, why are you angry? Respond to the facts and issues presented. Are you benefiting from the rot?

“Ghanaman”, why are you angry? Respond to the facts and issues presented. Are you benefiting from the rot?
JAAPHEN 1 year ago

HE IS PART OF THOSE BENEFITTING FROM THE ROT

HE IS PART OF THOSE BENEFITTING FROM THE ROT
Kweku Tsin 1 year ago

Otchee-do-Chee, .

Otchee-do-Chee, .
DAV 1 year ago

If any member of your family were half intelligent or accomplished as he is, there would be no need to reply you. This country's problem are your likes who spew garbage with 2 cedis data on a China phone in some kiosk somewhe ...
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If any member of your family were half intelligent or accomplished as he is, there would be no need to reply you. This country's problem are your likes who spew garbage with 2 cedis data on a China phone in some kiosk somewhere. What of if we told you he practiced economics when he was building companies like SAS, AWA, Asogli etc.
Basic sense tells us that, what the man is saying is true; because for a developing economy that needs to turn money around through production, it only right that the cost of borrowing is reasonably priced so that it doesn't feed back into inflation as we're witnessing in Ghana.
It is the likes of you who defend the indefensible bcuz of money that is why Ghana is where it is.
Abrantie 1 year ago

Self aggrandizing brilliance. Hypocritical self promoter

Self aggrandizing brilliance. Hypocritical self promoter
GHANAMAN 1 year ago

Did you do any monthly, quarterly or annual regression and co-integration analyses of inflation against M1, M2, the Cedi, fiscal deficit, GDP growth rayes, etc e6c at Asogli plant, AWA, SAS, or Hearts if Oak, I bet you don't ...
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Did you do any monthly, quarterly or annual regression and co-integration analyses of inflation against M1, M2, the Cedi, fiscal deficit, GDP growth rayes, etc e6c at Asogli plant, AWA, SAS, or Hearts if Oak, I bet you don't even know what these mean. A clown like this!! You think it's the arithmetic accounting you go around bragging about. Just some uncivilzed person with some over bloated opiinion of yourself. Mtscheeeeew
Appiah Kufuor 1 year ago

Ghanaman or Indian man, do you want to engage Togbe Afede in an economic debate? Please let me know. No need for insults. Togbe Afede X1V has one of the sharpest brains in Ghana. Please, Sir Ghanaman would u tell the discerni ...
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Ghanaman or Indian man, do you want to engage Togbe Afede in an economic debate? Please let me know. No need for insults. Togbe Afede X1V has one of the sharpest brains in Ghana. Please, Sir Ghanaman would u tell the discerning readers " what is the core functions of a Central Bank?

Please, is building a 250m dollar part of its core function? Please enlighten me! Is building a hospital in Tamale part of its core functions?

Have a good day Ghanaman
Nana Bankyemhene 1 year ago

Someone who claims high interest rates cause currency depreciation?? Someone who is crusading for lower interest rates than inflation/ make negative real interest rates permanent in an economy? Tweeea, not even a first degree ...
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Someone who claims high interest rates cause currency depreciation?? Someone who is crusading for lower interest rates than inflation/ make negative real interest rates permanent in an economy? Tweeea, not even a first degree graduate in finance, ecobomucs or a good business school would this crap. A big disgrace for Yale. You don't know how stupid these statements are. You must be ine of the people eho think his narrow munded, arrogant behaviour for smarts. Pick up a newspaper or watch business news, and see macro management inthe US, UK, EU, indeed globally practice. The economic crisis over the past few years even offered a classic classroom for students to view these things in practice. This buffoon never saw any one that, proudly making bogus arguments when the opposite us the case all over the news in the developed world where the people who invented these things are practising it. It's all there. He has you fooled. What experience dies he have? Local experience, hasn't seen anything before, doesn't know what he doesn't know. Tweeeeeakai. Abakede!!!!
Citizen Vigilante 1 year ago

You’re still displaying your ignorance on the roofs once again.High interest rates affects business ability to produce locally and compete internationally?Businesses are forced to rely on importation of goods which hitherto ...
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You’re still displaying your ignorance on the roofs once again.High interest rates affects business ability to produce locally and compete internationally?Businesses are forced to rely on importation of goods which hitherto can be produced locally and this largely affects the strength of the currency.You don’t get this basic implied knowledge?

Why are you writing very lengthy yet unrelated issues just to make a point and force on yourself some intelligent apparel.Please try harder okay.
Nana Bankyemhene 1 year ago

I would rather trust Jphn Bailey of the Bank of England and Jerome Powell of the US Fed set MPR vs. imflation similar as Bank of Ghana im similar situation, than some egotiscsl clown with zero experience in monetary economics ...
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I would rather trust Jphn Bailey of the Bank of England and Jerome Powell of the US Fed set MPR vs. imflation similar as Bank of Ghana im similar situation, than some egotiscsl clown with zero experience in monetary economics. Just inexplicable, unbelievably prideful ego. Mtscheeeeew. The most eminent economists globally are at the World Bank Group. Joone of thrm has ever harangued Bank of Ghana that the way it says the MPR rate is wong. Central Bank all over the world study each others practices. None of them has ever criticised Bozg about their methods except this Afede man. Who, who who who who is he? What a joke!!!! Mtscheeew. That he knows how to monetary policy rate better than the 100s of Ghanaian PhD econom8sts who have worked at BoG over the years. The nerve. What arrogance? Tweeeeakai
Nana Bankyemhene 1 year ago

The IMF just left Accra 3 weeks ago after their 2nd review. The inflation assumptions and interestvrate settings underline many of the economic variables in yhe voluminous work. Not a peep from them this time or ever in so ma ...
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The IMF just left Accra 3 weeks ago after their 2nd review. The inflation assumptions and interestvrate settings underline many of the economic variables in yhe voluminous work. Not a peep from them this time or ever in so many years of dealing with the world bank group about the way we set inflation expectations and rates. Lol!!!!!!!!! Unbelievable, smh. And this useless Afede says he wants to be Governor of BoG? That he was economic advidor for Mills at Ministry of Finance? And he wants yo advidor to Mahama? Lol!!! Ghana awu wie. Lol!
Citizen Vigilante 1 year ago

Your ability to string words doesn’t make you intelligent and that’s exactly what you’re failing to appreciate.You mean other Bank’s of last resort should query the bank of Ghana before you know that they’re doing s ...
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Your ability to string words doesn’t make you intelligent and that’s exactly what you’re failing to appreciate.You mean other Bank’s of last resort should query the bank of Ghana before you know that they’re doing something wrong?Where from this feeble thinking elevated to intelligence.You didn’t realize IMF had to bring a supervisor to the Bank of Ghana?What does that say about your bank of last resort?Increasing Policy rate to mop out excess capital from a supply driven inflation is financially infantile to any prudent finance brain.
Nana 1 year ago

It's your strong mouth and arrogance that is your undoing. Other central banks learn from each other. Ghana's monetary policy management is studied at unviseetirs all over the world and at the World Bank group. If BoG did no ...
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It's your strong mouth and arrogance that is your undoing. Other central banks learn from each other. Ghana's monetary policy management is studied at unviseetirs all over the world and at the World Bank group. If BoG did not know inflation expectation theory, something that is thought in first term economics, not masters or PhD level oh, it would have been identified long ago. It won't take a deluded fool like you coming from managing at Hearts Park 30gours a day UNSUCCESSFULLY, to come and teach PhD Economists, something as basic as expectation theory. It even appears this is the limit of your economics knowledge. Don't be trying to drag intellectual people down to your extremely low level of discourse with your uncivilzed tantrums! Aboafunu
Nana Bankyemhene 1 year ago

Take an IMF Article 4 Report and see how very detailed all the assumptions and targets are , and watched by both Governmrnt and the fund,for review meetings.inflatiin projects and policy rates are underline many of these outp ...
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Take an IMF Article 4 Report and see how very detailed all the assumptions and targets are , and watched by both Governmrnt and the fund,for review meetings.inflatiin projects and policy rates are underline many of these outputs and fuscal anx monetary target that all sides work towards. If Afede joke knew anything about these things he won't be saying the stupud things he is going about saying. Tweeaksi
Nana Bankyemhene 1 year ago

Yale should come for their certificate from this clown

Yale should come for their certificate from this clown
Nana Bankyemhene 1 year ago

Doesn't know squat! If I were him, I would hide my face for documenting such rubbish economics so publicly. It's on record for people to laugh at 20years from now. Tweeea

Doesn't know squat! If I were him, I would hide my face for documenting such rubbish economics so publicly. It's on record for people to laugh at 20years from now. Tweeea
Citizen Vigilante 1 year ago

You’re a crass of a person.What you stated clearly shows your limited understanding of issues and it’s not even funny;you think to be a successful business man like Togbe Afede comes cheap like yourself?

You clearly ne ...
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You’re a crass of a person.What you stated clearly shows your limited understanding of issues and it’s not even funny;you think to be a successful business man like Togbe Afede comes cheap like yourself?

You clearly need some reorientation on issues,how is his private business your business?Do you pay taxes to him or you pay the salaries of his employees?You arrogate to yourself some cheap intelligence and you think Togbe is the one you bring this foolery to?You must be joking
Abrewatia 1 year ago

Wow wow wow
Brilliant presentation by the Togbe.

He is making far more sense.
We can target inflation or chase inflation with monetary policy.
We don't ways have to follow inflation to set the policy rate, we can also ...
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Wow wow wow
Brilliant presentation by the Togbe.

He is making far more sense.
We can target inflation or chase inflation with monetary policy.
We don't ways have to follow inflation to set the policy rate, we can also target it by leading inflation rather following it.

By pegging the policy rate below inflation rate we force inflation to come down. So far the other way we have been doing is not working
Jones 1 year ago

Thanks! The policy rate has to be proactive, not reactive!

Thanks! The policy rate has to be proactive, not reactive!
GHANAMAN 1 year ago

You Afede are the only one preachng this bogus economics. The fact that no one has supported you in this crusade fir many years would tell any human being something! But not a character like you! Economists deal with facts no ...
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You Afede are the only one preachng this bogus economics. The fact that no one has supported you in this crusade fir many years would tell any human being something! But not a character like you! Economists deal with facts not tantrums or pretentions to smartness based on an inexplicable psychological daily need to be seen as brilliant, when you are clearly average or in this case below average.Once again, this a big disgrace to Yale! You can only fool some. We will educate NDC and John Mahame at the right time to never send you anywhere near Bank of Ghana or near our monetary policy management. Tweeeeeakai
Gborlahn 1 year ago

Those who promised to perform wonders and had the support of the masses have messed us up big time.

At this point, I'm willing to try a lone preacher.

Those who promised to perform wonders and had the support of the masses have messed us up big time.

At this point, I'm willing to try a lone preacher.
GHANAMAN 1 year ago

Is a Yale business graduate really saying this? Lol! Unbelievably shocking

Is a Yale business graduate really saying this? Lol! Unbelievably shocking
Jones 1 year ago

Please if you understand economics and the issues, presents your thoughts and stop the insults, idiot!

Please if you understand economics and the issues, presents your thoughts and stop the insults, idiot!
GHANAMAN 1 year ago

You wait. We will campaign against you going anywhere near Bank of Ghana management. You just wait for the time and see something. Uncivilized buffoon. Just wait

You wait. We will campaign against you going anywhere near Bank of Ghana management. You just wait for the time and see something. Uncivilized buffoon. Just wait
JAAPHEN 1 year ago

SHAME ON YOU,

SHAME ON YOU,
Hope 1 year ago

So-called Ghanaian, tell us what Togbe said that is not true, or does not make sense. Are you happy about the country’s situation?

So-called Ghanaian, tell us what Togbe said that is not true, or does not make sense. Are you happy about the country’s situation?
Alkebulan 1 year ago

The Problem is because he didn't Experte Togbe for that brilliant precentation. @Ghanaians just shit on his dirty single pantes. God bless nana Afede, may he leave long. Greetings from B/A.

The Problem is because he didn't Experte Togbe for that brilliant precentation. @Ghanaians just shit on his dirty single pantes. God bless nana Afede, may he leave long. Greetings from B/A.
Atiabia 1 year ago

Togbe Afede, "may he live long"

Togbe Afede, "may he live long"
Abrantie 1 year ago

Keep changing aliases and be fooling. What a human being

Keep changing aliases and be fooling. What a human being
Achakanapaya 1 year ago

Togbe Piiaaaooooo. Other Chiefs are quite because their are full . They can't talk. The busy going round doing recomision.
Greedy Basturds have taken over Ghana Oooh.

Togbe Piiaaaooooo. Other Chiefs are quite because their are full . They can't talk. The busy going round doing recomision.
Greedy Basturds have taken over Ghana Oooh.
Abrantie 1 year ago

Keep praising yourself. Jobless joker

Keep praising yourself. Jobless joker
Fila 1 year ago

We have the men we have the men, sa na thieves nkoaaaa

We have the men we have the men, sa na thieves nkoaaaa
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Michael Stone 1 year ago

Bawumia should respond, PhD holder in Economics and former BOG executive. The pay and allowances to staff at BoG is criminal.BoG need money to maintain that level of expenditure that's why they keep interest rate at 29% to m ...
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Bawumia should respond, PhD holder in Economics and former BOG executive. The pay and allowances to staff at BoG is criminal.BoG need money to maintain that level of expenditure that's why they keep interest rate at 29% to make money for themselves. All the hardship in ghana is because of BoG.
Critical 1 year ago

Jealousy this chief has ulterior motive and just want to take the shine off the opening of AGYEMANG PREMPEH International airport Kumasi his Ho airport has not attracted a single plane
The chief and the large tongue chief of ...
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Jealousy this chief has ulterior motive and just want to take the shine off the opening of AGYEMANG PREMPEH International airport Kumasi his Ho airport has not attracted a single plane
The chief and the large tongue chief of dormaa doing the bidding of ndc
Appiah Kufuor 1 year ago

Hmmmmm! What gas Ho Airport got to do with Bank of Ghana role and functions? Hatred and bitterness will get us nowhere

Hmmmmm! What gas Ho Airport got to do with Bank of Ghana role and functions? Hatred and bitterness will get us nowhere
Accranie@HomePride bottle and sachet water 1 year ago

@GHANAMAN for how long do you think you can continue doing this party a versus party b thing
Just a reminder
When Dr Nkrumah was overthrown the reason given by the Army was that Dr and his government had become corrupt and ...
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@GHANAMAN for how long do you think you can continue doing this party a versus party b thing
Just a reminder
When Dr Nkrumah was overthrown the reason given by the Army was that Dr and his government had become corrupt and gross abuse of human right and suffering the masses of Ghanaian
When Dr Busia was overthrown the reason for his overthrow was the same corruption and suffering of the masses
these were the
Accranie@HomePride bottle and sachet water 1 year ago

the same reason given for the execution of three heads of State of this country be guided you no longer a child

the same reason given for the execution of three heads of State of this country be guided you no longer a child
By their fruits 1 year ago

Fantastic analysis. Thank you very much. I know the ignorant in society will come at this brilliant expose for the sake of politics that’s why we blacks can never progress in this country. Fact is does it make any sense the ...
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Fantastic analysis. Thank you very much. I know the ignorant in society will come at this brilliant expose for the sake of politics that’s why we blacks can never progress in this country. Fact is does it make any sense the high expenditures of BoG as indicated in their yearly Accounts? Does it make any sense their reasons for keeping such high interest rates to enrich themselves and the local banks? Oh Ghana.
Citizen Vigilante 1 year ago

Togbe Afede has blown the BOG’s cover and it is becoming very embarrassing for the bank of last resort to be subjected to these glaring financial recklessness.The Bank of Ghana has sunk so low to the point that is has becom ...
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Togbe Afede has blown the BOG’s cover and it is becoming very embarrassing for the bank of last resort to be subjected to these glaring financial recklessness.The Bank of Ghana has sunk so low to the point that is has become one of the problems for citizens to solve.Terrible monetary management skills.Sad
Francis 1 year ago

For the greed and incompetency of a little over 2000 BOG staff, a whole nation is suffering. Our commonwealth is for just BOG staff and some staff in other institutions such as VRA, GRA, ECG, SSNIT, politicians and judges. ...
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For the greed and incompetency of a little over 2000 BOG staff, a whole nation is suffering. Our commonwealth is for just BOG staff and some staff in other institutions such as VRA, GRA, ECG, SSNIT, politicians and judges. The rest of workers are suffering. Life could have been better for the majority.
The governor and his Mafia group are really wicked in manipulation of interest rate for their personal comfort. God will punish them at all cost.
Hearts 1 year ago

Make life better fir Hearts of Oak and your workers, and stop all this devilish, populist antics. A foolish mentally disturbed hypocrite!!!!!

Make life better fir Hearts of Oak and your workers, and stop all this devilish, populist antics. A foolish mentally disturbed hypocrite!!!!!
Hearts 1 year ago

You think populism, causing hatred for Bank of Ghana workers, etc would make them change the bank of Ghana law,, and make you chairman. Why are you so diabolical? Bank of Ghana, you would go there now and go and collapse it w ...
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You think populism, causing hatred for Bank of Ghana workers, etc would make them change the bank of Ghana law,, and make you chairman. Why are you so diabolical? Bank of Ghana, you would go there now and go and collapse it with your quarrelsome behaviour and extremely poor human relations, and well known character of dysfunctional leadership. The whole place would potooooooor with quarrelling with the president, minister of finance, world bank people, and management and staff of the place. Extremely poor human relations, unbelievable ego. Meanwhile you don't know much
All for self aggrandizement and childish envy of Ken Ofori Atta because he made it to a pwerful position as Minister of Finance, so me too I have to be VP or chairman of bank of ghana, blah blah. What a character! Tweeeeeeea
Tony 1 year ago

You are an idiot to even think that Togbe wants a job at BOG.

You are an idiot to even think that Togbe wants a job at BOG.
Jessy 1 year ago

You are obviously a peeved employee of BOG. Your crimes have been exposed. Leaches!

You are obviously a peeved employee of BOG. Your crimes have been exposed. Leaches!

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Business

Bank of Ghana profits unduly from high rates - Togbe Afede XIV

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