Tag: negative equity
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COCOBOD Had Negative Equity of GH₵3.8 Billion in 2024
The Ghana Cocoa Board (COCOBOD) faced a historic financial challenge by the end of 2024, with negative equity of 3.8 billion Ghana cedis, Chief...
Bank of Ghana’s Rate-Cut Ambition Faces Negative Equity Hurdle
Bank of Ghana Governor Dr. Johnson Pandit Asiama has pledged to slash lending rates below 10% before his term ends, aiming to fuel industrial...
US Professor Warns BoG Over Non-Core Gains Despite Loss Reduction
Purdue University finance professor Pat Obi acknowledges the Bank of Ghana’s (BoG) reduced losses in 2024 but cautions that its financial gains stem from...
