Whiles I agree with Dr Amoah's contribution, I'm also of the view about looking at the impact any such kinds of regulations would have on the lending market in totality. The artificial controls that himself attests could disr ... read full comment
Whiles I agree with Dr Amoah's contribution, I'm also of the view about looking at the impact any such kinds of regulations would have on the lending market in totality. The artificial controls that himself attests could disrupt free market forces also are short term and may not due to prevailing circumstances bring long term acceptable results. In my view, I see better option in govt dealing with risk issues that are causing higher rates. I don't think shortage of funds are causing the higher rates instead the lending risks have come too high for lower rates to stand.
Wahalla 8 years ago
Total Bullshit.. a way for government officials and their friends to enrich themselves.
If he wants interest rates to be lower tell his friends in Government to stop borrowing more than Ghana earns, and actually pay some of ... read full comment
Total Bullshit.. a way for government officials and their friends to enrich themselves.
If he wants interest rates to be lower tell his friends in Government to stop borrowing more than Ghana earns, and actually pay some of their debts instead of borrowing more to pay loans from 5 years ago!
eugene 8 years ago
markets like pawn shops in USA for you can take your camera,gun,car or tv and trade it for cash..Most state set a max limit to what rate can be charged each month and yearly...If the person/business or country (Greece/Ghana/A ... read full comment
markets like pawn shops in USA for you can take your camera,gun,car or tv and trade it for cash..Most state set a max limit to what rate can be charged each month and yearly...If the person/business or country (Greece/Ghana/Argentina) are a default risk they have to either pay higher rate or no loan avail. to them
Kofi Mensa 8 years ago
Dr. Amoah is Brilliant. I'm proud of him!
Dr. Amoah is Brilliant. I'm proud of him!
T.k 8 years ago
Dr you dr you are right regulation is the answer in a free market economy like ours, you got to regulate to internalised externalities. Those banks are taking Ghanains for granted because there are no updated laws to regular ... read full comment
Dr you dr you are right regulation is the answer in a free market economy like ours, you got to regulate to internalised externalities. Those banks are taking Ghanains for granted because there are no updated laws to regularise their activities
eugene 8 years ago
rush to Ghana for huge profits
rush to Ghana for huge profits
mohammed nuru 8 years ago
When we need people like Dr Kofi Amoah and his caliber of people to manage the country, we hear names like Okudzeto Ablakwa, JDM and others who have nothing in their heads to offer Ghana. Whats the name of that man who took u ... read full comment
When we need people like Dr Kofi Amoah and his caliber of people to manage the country, we hear names like Okudzeto Ablakwa, JDM and others who have nothing in their heads to offer Ghana. Whats the name of that man who took us to Brazil and embarrassed the country Ghana. All these idiots are wasting our lives.
eugene 8 years ago
if somebody( like mahama's brother) is unlikely to repay don't loan the money.. Give other people good rates..GM or Ford will sell you a new car for 5% in USA
if somebody( like mahama's brother) is unlikely to repay don't loan the money.. Give other people good rates..GM or Ford will sell you a new car for 5% in USA
Lawyer Nyamekye 8 years ago
Great suggestion. Government must listen to this great strategy.
Great suggestion. Government must listen to this great strategy.
Whiles I agree with Dr Amoah's contribution, I'm also of the view about looking at the impact any such kinds of regulations would have on the lending market in totality. The artificial controls that himself attests could disr ...
read full comment
Total Bullshit.. a way for government officials and their friends to enrich themselves.
If he wants interest rates to be lower tell his friends in Government to stop borrowing more than Ghana earns, and actually pay some of ...
read full comment
markets like pawn shops in USA for you can take your camera,gun,car or tv and trade it for cash..Most state set a max limit to what rate can be charged each month and yearly...If the person/business or country (Greece/Ghana/A ...
read full comment
Dr. Amoah is Brilliant. I'm proud of him!
Dr you dr you are right regulation is the answer in a free market economy like ours, you got to regulate to internalised externalities. Those banks are taking Ghanains for granted because there are no updated laws to regular ...
read full comment
rush to Ghana for huge profits
When we need people like Dr Kofi Amoah and his caliber of people to manage the country, we hear names like Okudzeto Ablakwa, JDM and others who have nothing in their heads to offer Ghana. Whats the name of that man who took u ...
read full comment
if somebody( like mahama's brother) is unlikely to repay don't loan the money.. Give other people good rates..GM or Ford will sell you a new car for 5% in USA
Great suggestion. Government must listen to this great strategy.