On Wednesday, 7 January 2026, His Royal Majesty, Otumfuo Osei Tutu II, Asantehene, visited the Bank Square, the Head Office of the Bank of Ghana.
He was accompanied by over 20 paramount and divisional chiefs and was warmly welcomed by Governor Dr Johnson Pandit Asiama and bank officials.
In his remarks the respected traditional ruler praised the bank’s edifice as “a monument to our generation” and urged management to inspire staff to match its grandeur.
He emphasised the Bank’s influence on Ghana’s economic fortunes, urging the Bank to take measures to keep the country on track, “but we have come to listen, not preach.”
Otumfuo Osei Tutu II advocated for lower interest rates to boost domestic growth and investment and appealed for the central bank’s independence to be respected.
“The challenge I leave with your creative brains,” the Asantehene told the Governor, Dr Johnson Asiamah, his deputies, and the Monetary Policy Committee, “is to fashion how you move the economy from the crippling high interest regime to the level where it becomes a stimulant of business and wealth creation.”
He asserted that government spending or significant foreign investment could alone solve Ghana’s developmental needs.
“No amount of investment by government on its own can scratch the surface of what we need,” he stated.
“This moment calls for a massive push to stimulate domestic private investment in industry. That cannot happen with interest at the current level.”
On his part, the Governor, Dr Asiama, praised the Asantehene’s leadership, citing his wisdom and stability in national matters.
“Ghana’s recovery must now move beyond better statistics to better livelihoods. It must translate into jobs for the youth, stronger local industry, affordable credit that does not reignite inflation, and a financial system that supports enterprise and long-term investment. The Bank of Ghana is fully committed to playing its role firmly, independently, and professionally so that the gains we are beginning to see become durable and inclusive.”
By: Rainbowradioonline.com/Ghana
