Tag: Financial sector cleanup
A Glimmer of Hope? BoG, Finance Ministry Pledge Action Over Miners’ GHC380M Locked-up Funds
Bank of Ghana and Finance Ministry pledged to address mineworkers' GHS380 million…
Mine Workers Express Strong Disapproval Over Finance Ministry’s Handling of GH₵380M Locked-up Fund
Mineworkers slammed the Finance Ministry's "no money" stance on GHS380 million locked…
Why Restore Banks with Severe Reputational Damage? GARIA Opposes Banks’ Restoration Calls
The President of GARIA warns against restoring the licenses of collapsed banks…
UT Bank’s Collapse: A Stark Reminder That Political Power Can Undo Entrepreneurial Success – Sir Sam Jonah
Dr. Sir Sam Jonah condemned UT Bank’s 2017 collapse as economic injustice,…
One Financial Sector Cleanup; Too Many Contrasting Costs – A Dive into the Contentious Exercise
Ghana’s 2017 banking sector cleanup aimed to stabilize the financial system, but…
IMF Strictly Demanded the Collapse of Capital & UT Banks – BoG Governor Reveals
IMF directives led to the 2017 revocation of Capital and UT Banks’…
Political Stakes Rise As CASLOC Warns of Voting Consequences Over Locked Up Funds
The Coalition of Affected Savings and Loans Customers (CASLOC) has intensified pressure…
The Financial Sector Cleanup of 2017: Seven Years On—A Reflection
The 2017 financial sector cleanup in Ghana led to the collapse of…