Audio By Carbonatix
Microfinance experts are calling for a number of measures that should be taken in the wake of impending reforms in the sector.
Roderick Ayeh, a Microfinance Consultant and Akorfa Ahiafor, the Managing Director of Jireh Microfinance speaking on the Business edition of PM EXPRESS on the JoyNews channel Thursday believe there are some key decisions that need to be taken to ensure the sector is robust such as a fund for institutions to access which will reduce their cost of mobilizing funds for lending.
The Governor of the Bank of Ghana at the recent Monetary Policy Committee press conference said the clean-up of the microfinance sector is going to start in the second quarter of this year.
According to Dr Ernest Addison, the clean-up is expected to cost about GH¢700m.
Watch video below:
Latest Stories
-
Local Government, Chieftaincy and Religious Affairs Minister calls for National Renewal in 2026 New Year message
2 hours -
Bawumia deserves commendation for being the Brain behind Ghana’s Gold for Reserves Programme – Senyo Hosi
4 hours -
Afro Beach Festival lights up Laboma with horse racing spectacle
5 hours -
Patrons hail JOY FM’s 90s Jam 2026 as festive season’s biggest party
8 hours -
Dr Prince Mortoti: Living in harmony; unity in diversity
8 hours -
Public reflects on President Mahama’s first press conference in year-end review
8 hours -
GES maintains 2025/26 SHS academic calendar
10 hours -
Obuasi Cricket Academy honours patrons and players at 2025 Gala Night
10 hours -
Ghana police deliver medical aid to South Sudan hospital
10 hours -
Police arrest 12, destroy drug dens in Tamale crackdown
10 hours -
Ghana opens diplomatic talks with Ukraine to secure release of detained national held as prisoner of war
10 hours -
2025 shows signs of economic recovery – Tiah Mahama
10 hours -
Police arrest 5 for impersonating NAIMOS officials in Eastern Region
11 hours -
Resetting Ghana’s Economy: The 20 reforms and achievements that defined 2025
11 hours -
Mahama’s Appointees and 2025 in Perspective as Ghana Rises Again
11 hours