We do not benefit from high interest rates – BoG replies Togbe Afede

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JOHN 1 year ago

This is dumb, the issue is the dollar, why raise Cedi interest rate when there isn't enough in the system? why not reduce it low numbers and compliment it with masloc or planting for food and jobs as well as building capacity ...
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This is dumb, the issue is the dollar, why raise Cedi interest rate when there isn't enough in the system? why not reduce it low numbers and compliment it with masloc or planting for food and jobs as well as building capacity and locally made raw materials?
Unpredictable Oye Onye Kwasi Atta 1 year ago

We do not benefit from high interest rates – BoG

Is this the only answer BoG to all the allegations The Venerable Togbe made against them? Does that suggest everything he said including, triple increment of salaries a ...
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We do not benefit from high interest rates – BoG

Is this the only answer BoG to all the allegations The Venerable Togbe made against them? Does that suggest everything he said including, triple increment of salaries and allowances, increased unpaid staff loans and advances amounting to billions of dollars, triple jumped travelling and transport allowances, intentional killing of indigenous banks and financial institutions, mismanagement and excessive spending sprees leading to debt ridden account of the Central Bank are all true and nothing but the truth? Jesus Christ of Ghana
Nana Bankyemhene 1 year ago

This Togbe Afede man, as usual, doesn't know what he is talking about. A populist grandstander always courting fans from the undiscerning public by attacking institutions and people in power. Always attacking presidents, nati ...
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This Togbe Afede man, as usual, doesn't know what he is talking about. A populist grandstander always courting fans from the undiscerning public by attacking institutions and people in power. Always attacking presidents, national house of chiefs, council of state, other chiefs and anyone he sees to have any power, claiming he is the paragon of virtue. Meanwhile he doesn't know much! With his bogus, made up economic theories. He is campaigning for Mahama to separate the Chairman role of the Bank of Ghana from the Governor, and make him the Chairman. Thatcwould be the biggest mistake Mahama makes sending him anywhere near our monetary policy management. He would collapse the bank with quarelling with all the economists there, tge Ministry of Finance, the EMT, and the World Bank claiming to teach them economics. 90% of the staff at the bank would resign in 3 months. That is the ridiculuous character that man is!! Mahama, if you dont know his incompetence and character of disfunctional and chaotic leadership, go and check!! Childish envy, Ken Ofori Atta became Minister of Finance, so he also has to force and get some high post. Very self obsessed and power mad individual. Check how he collapsed Pioneer Kitcheneare in Tema. A manufacturing company on the stock exchange, the company has been removed from there, and doesn't produce anymore. All the workers are home. Incompetent, but he would hounding and always be pointing fingers at management if Bank of Ghana, for many years. A rural bank even, you give it to him, he would collapse it in one month. Always doing this things for self promotion for fans from the public. Meanwhile you don't know much economics
Mary- Ho public toilet 1 year ago

These attention-seeking Togolese Ayigbes!!

These attention-seeking Togolese Ayigbes!!
BoG Staff Association 1 year ago

Afede should release the salary schedule he thinks is appropriate for us. So we know what to expect and whether continue working at the bank under NDC. Always promoting and causing confusion without offering any solutions. My ...
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Afede should release the salary schedule he thinks is appropriate for us. So we know what to expect and whether continue working at the bank under NDC. Always promoting and causing confusion without offering any solutions. Myopic, narrow minded character. If he ever becomes the Governor or chairman of BoG, we would all resign. He should come and do the work himself!!!!!!
Nana Bankyemhene 1 year ago

For the billions of open market operations (OMO) that the central bank does in the interbank market every week, if they benefited from high policy rates, the net interest income (NII) would be humongous. It would be like comp ...
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For the billions of open market operations (OMO) that the central bank does in the interbank market every week, if they benefited from high policy rates, the net interest income (NII) would be humongous. It would be like comparing 100,000 Ghana cedis income to pesewas in expenditure. This man Togbe Afede won't let anyone he sees has power rest to do their work, always hounding the management with his bogus, infantile economic theories. Your education, training and experience are no where close to the economists at the Bank of Ghana, but always posturing as if he knows any banking. A complete ZERO indicidual in economics!!!!!!!!! Nobody in ecibomics knows you, shut the fuxk up. Mtscheeeew
Nana Bankyemhene 1 year ago

For many years his accusations and harangue against the Bank of Ghana was that their economists (many with Phds in economics from the best schools in the world, which no one dreamed of awarding him) didn't know how to project ...
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For many years his accusations and harangue against the Bank of Ghana was that their economists (many with Phds in economics from the best schools in the world, which no one dreamed of awarding him) didn't know how to project for inflation (a first year topic in undergrad oh) and he Janes AAkpowith introductory to economics class in accounting programme, was the one coming to teach them. When his bonus effusions have been snubbed for many years, ignored by professionals. He now is changing tactics, trying to rally the ujdiscerning public against Bank of Ghana by claiming he has found their salaries to be excessive, that they dont love Ghana as much as he Afede does, blah blah, so they should support him. All of these for just to be appointed as the Chairman of the bank, a selfish, glory hunting , fame hungry, self promotion. Meanwhile he won't add any substantive value to the bank apart from confusion and disfunctional, even zero leadership. Mahama should try this clown and see, every morning there would be insulting press releases between the EMT, Ministry of Finance, the World Bank, etc. sbout economic management. The daily activities of Bank of Ghana will grind to a halt to satisfy this guy ego. Majority of the staff would resign. To the people giving him fans when he is doing these his diabolic, self promotion things, hmmm, you DO NOT KNOW this Afede personality. Go and check at the stock exchange the kind of person he is that people don't want to do anything with him or for near him.
Thomas Aboagye 1 year ago

If you don't have anything tangible and academic to contribute to the discussion, just zip your mouth. You these npp footsoldiers are so daft that your comments are simply disdainful and utter rubbish.
Togbe Afede is a dist ...
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If you don't have anything tangible and academic to contribute to the discussion, just zip your mouth. You these npp footsoldiers are so daft that your comments are simply disdainful and utter rubbish.
Togbe Afede is a distinguished Economist and has touched on issues affecting the financial administrations of this country on several platforms. It is one's contribution to the social and economic upliftment of the people which invariably develops a country and Togbe Afede is an epitome of that. Your so called Phd holders at Bog have been a disaster to this country. Your ad hominem approach to issues of national importance potrays the depths to which your likes will sink to protect your looting paymasters .
The days of reckoning are approaching, nothing lasts forever, the continuous destruction of this country has to end.
STONEBWOY 1 year ago

SO WHAT IS TOGBE AFEDE PROBLEM? THAT THE BOG WORKERS EARN GOOD SALARY AND PARTAKE IN STAFF LOANS? DOES HE KNOW HOW MUCH CAR AND MORTGAGE LOANS FOR SENIOR STAFF ARE IN GHANA? I WOULD FEEL BAD WORKING FOR SUCH CHARACTER WHO IS ...
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SO WHAT IS TOGBE AFEDE PROBLEM? THAT THE BOG WORKERS EARN GOOD SALARY AND PARTAKE IN STAFF LOANS? DOES HE KNOW HOW MUCH CAR AND MORTGAGE LOANS FOR SENIOR STAFF ARE IN GHANA? I WOULD FEEL BAD WORKING FOR SUCH CHARACTER WHO IS ENVIOUS OF WORKERS AND WOULD TREAT HIS WORKERS BADLY. AM SURE HIS SAS STAFF AND UNDERPAID AND TREATED LIKE SLAVES. WHAT A MORON
TWEEEEEA DCE 1 year ago

Mtscheeeeeew! This Togbe Afede should look online for this document and learn:

BANK OF GHANA’S FORECASTING AND POLICY ANALYSIS SYSTEM, OCCASIONAL PAPERS No. 1/2022.

He thinks its the 2x4 accounting, class 1 economics ...
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Mtscheeeeeew! This Togbe Afede should look online for this document and learn:

BANK OF GHANA’S FORECASTING AND POLICY ANALYSIS SYSTEM, OCCASIONAL PAPERS No. 1/2022.

He thinks its the 2x4 accounting, class 1 economics, and so-called, self acclaimed intellectualism, over excessive pride we are talking about. Hmmm , some people are just some strange human beings

the truth hurts those clueless ones- Omanbapa 1 year ago

the records are there for those in finance to see, not what you say as a bank. u think togbe will just wake up to lie about BoG??? you waste money not intended to be wasted on luxury trips, watches, etc. and now a HQ like we ...
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the records are there for those in finance to see, not what you say as a bank. u think togbe will just wake up to lie about BoG??? you waste money not intended to be wasted on luxury trips, watches, etc. and now a HQ like we have ever seen an earthquake before
Solo 1 year ago

BOG replying togbee is your problem.
All those working overthere must be sent to the firing squad.
You are destroying Ghana

BOG replying togbee is your problem.
All those working overthere must be sent to the firing squad.
You are destroying Ghana
Peter 1 year ago

BOG, why are you not addressing the other issues the Togbe raised? You guys there are so stupid that is why you think everybody is an idiot except the GOVERNOR AND HIS TEAM.

BOG, why are you not addressing the other issues the Togbe raised? You guys there are so stupid that is why you think everybody is an idiot except the GOVERNOR AND HIS TEAM.
Francis 1 year ago

You have not responded to pmost of the issues raised by Togbe. What are your sources of income. Is it not through interest income? You pay yourself like Bank of England whose GDP is one million times that of Ghana. You own yo ...
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You have not responded to pmost of the issues raised by Togbe. What are your sources of income. Is it not through interest income? You pay yourself like Bank of England whose GDP is one million times that of Ghana. You own your positions to cronyism, nepotism and political affiliations. Your unfortunate compatriots in the civil service, health workers, teachers, security services take home meagre salaries which they are compelled to take. You disastrously failed to perform your core functions to ensure the cedi stability, tame inflation and unemployment. You failed in all your core duties rendering your compatriots to needlessly suffer with low real income. Your conducts are satanic because you think of only yourselves. Kudos Togbe, you speak the bitter truth.
Teuth 1 year ago

The day there will be real accountability all these nonsense will stop

The day there will be real accountability all these nonsense will stop
General Afrifa 1 year ago

She wrote those notes when he was being considered as N.D.C. Vice presidentisl slaught and it didn't fall on him so he has to read the notes

She wrote those notes when he was being considered as N.D.C. Vice presidentisl slaught and it didn't fall on him so he has to read the notes
Ol'man 1 year ago

If you want to be governor chose criticism that you understand in detail. Central Bank governors to not immerse themselves in petty propaganda. One day you will be forced to eat back your own reckless claims, by almighty Karm ...
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If you want to be governor chose criticism that you understand in detail. Central Bank governors to not immerse themselves in petty propaganda. One day you will be forced to eat back your own reckless claims, by almighty Karma

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We do not benefit from high interest rates – BoG replies Togbe Afede

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