Tag: Togbe Afede XIV
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Togbe Afede XIV urges BoG to introduce measures to deal with rising inflation
The Paramount Chief of the Asogli Traditional Area, Togbe Afede XIV, is urging the Bank of Ghana to speedily put in place measures to curb the continuous rise in inflation in the country. According to him, the current approach is not yielding the expected outcomes. He has thus called for a relook at the approach…
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Our Monetary Policy Needs Urgent Review – Togbe Afede XIV [ARTICLE]
This article is a rejoinder to Bank of Ghana, BOG’s press statement headlined, “Responses to Issues Raised by Togbe Afede XIV (TAXIV) on High Interest Rates in Ghana”. During the courtesy call on me by the Rt. Hon. Alban Bagbin, Speaker of Parliament, on November 20, 2021, I spoke against BOG’s high monetary policy rate…
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BoG responds to Togbe Afede XIV on High Interest Rates in Ghana
The Bank of Ghana’s attention has been drawn to a recent article published on JOY FM online platform (myjoyonline.com) with the caption: “Bank of Ghana has lost focus”, and which has since been republished by other media houses and circulated widely on social media. In the said article, Togbe Afede XIV is reported to have…
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Speaker Bagbin, MPs pay courtesy call on Togbe Afede XIV of Asogli State
The Rt. Hon. Speaker and Members of Parliament, As I’ve always said, poverty is not God’s desire for man. That is why the pursuit of happiness is an inalienable human right. Our people deserve to be happy, and it behoves on you and I, as leaders, to work together to ensure that the happiness that…
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Banking sector clean-up was not managed well – Togbe Afede XIV
Ghanaian Entrepreneur and President of the National House of Chiefs, Togbe Afede XIV, says the banking sector clean-up could have been handled better by government. According to him, government could have carried out a better scrutiny to prevent the collapse of the huge number of financial institutions that lost their licenses. Togbe Afede, who once…
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High interest rates collapsing indigenous businesses – Togbe Afede XIV
The President of the National House of Chiefs, Togbe Afede XIV, is blaming the collapse of indigenous companies on Ghana’s interest rates which have over the years, remained very high. According to him, the high rates prevent Ghanaian companies from borrowing from the banks, which means they are not able to invest in their business…