Chamber of Commerce and Industry worried about lending rates

Chamber of Commerce and Industry worried about lending rates
Kumasi, June 24, GNA – The Ashanti Regional Branch of the Ghana Chamber of Commerce and Industry has complained about the high lending rates of the commercial banks. It described the rates as “exploitative” and said this was collapsing many businesses.
Read more on Ghanaweb.com

Divisions appear in Bank of England over strategy
Minutes of the latest Bank of England policy meeting released Wednesday revealed a division among members on the inflation outlook and one dissenter against keeping the base rate at an all-time low.
Read more on AP via Yahoo! News

Hubbard’s ways have had their day
It’s hard not to feel sorry for Allan and Jean Hubbard after  the Government’s rare move to take control of their 0 million or so in business assets.
Read more on Marlborough Express

Hubbards in statutory management
Unsecured and undocumented loans by Aorangi Securities have resulted in it and its owners, South Canterbury millionaire financier Allan Hubbard and his wife, Margaret, being placed under statutory management.
Read more on NZPA via Yahoo!Xtra News