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FRIDAY NOVEMBER 5, 2021
BUSINESS24.COM.GH
Friday November 5, 2021
NO. B24 / 270 | News for Business Leaders
President commends FBNBank for contribution to economy
TransNumerik pushes Ghanaian businesses towards digitalisation
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Call for regulated pricing regime for cashew By Eugene Davis
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ugendavis@gmail.com
enior Manager for Commercial & Retail Banking of Republic Bank Ghana, Dan Mohenu, has offered some explanations for the high interest rates on mortgages and suggested ways to make mortgages more affordable. He gave his explanation when he spoke as a panel member at the Business24 Real Estate Conference in Accra. “Mortgage loans are usually long-term in nature; however, banks tend to finance these loans using
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he Member of Parliament for Techiman North, Elizabeth Ofosu Adjare, has called on the Tree Crops Development Authority to ensure a coordinated, regulated pricing regime for the cashew sector. The cashew industry in Ghana has seen tremendous expansion over the last 10 years. In 2019, the country exported 394,452 tons of raw cashew nuts valued at US$237.89m. Presenting a statement in Parliament on “Cashew production: the enactment of the Cont’d on page 2
Banker explains how mortgage interest rates can be reduced
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The cashew industry in Ghana has seen tremendous expansion over the last 10 years
Be mindful of financial digitisation risks—BoG Gov. tells market players By Emmanuel Kwarteng
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Banks expected to procure CIT vehicles by end of year—Interior Minister By Eugene Davis
overnor of the Bank of Ghana (BoG) Dr. Ernest Addison has cautioned financial institutions and market players to be mindful of risks associated with financial digitisation, as they have the potential to unwind the gains made in the financial digitisation
ugendavis@gmail.com
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he Minister of Interior, Ambrose Dery, has said he expects the central bank and commercial banks to procure light armoured Cont’d on page 5
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