Some key actors in Ghana's banking crises were arraigned on Tuesday. In a tweet, the country's president says perpetrators will face justice. CEOs of 2 defunct lenders were charged for alleged crimes that contributed to a banking crisis. Head of Research at Groupe Nduom, Samuel Kofi Ampah joins CNBC Africa from Ghana for a focus on Ghana’s equities market.
The Importers and Exporters Association in Ghana are kicking against a planned 11 per cent tariff hike for cargo handling at terminal three of the Tema Port. The Association’s Executive Secretary, Samson Awingobit Asakia joins CNBC Africa from Accra for more on this story.
Databank says gloomy economic outlook have continued to weigh on Ghanaian equities as the Ghana Stock Exchange declined by 26.5 pe rcent year-on-year in the third quarter of this year. Alex Boahen, Head of Research at Databank joins CNBC Africa to look at the country’s equities market.
Ghana’s central bank has additional space to loosen policy thanks to the global move toward lower interest rates, as long as inflation slows, according to Governor Ernest Addison. He was interviewed by Bloomberg TV’s Manus Cranny st the World Economic Forum on Africa in Cape Town.
The CEO of the Ghana Cocoa Board (GCB) says Ghana and Cote d'Ivoire have agreed to set up a stabilisation fund under its new pricing mechanism for cocoa beans to support farmers should producer prices drop on the international markets. Edward George, Independent Commodities Expert joins CNBC Africa for more.