Popular Ghanaian man of God, Bishop Charles Agyin-Asare has indicated that he finds it difficult giving investment counsel these days because the current crisis in Ghana’s financial sector has worsened the uncertainty that surrounds investment decisions.
He made this during in his recent sermon at the Perez Dome, Dzorwulu, where he said;
“Two weeks ago, a gentleman wrote to me and said: ‘Bishop, I know you’ve been teaching on investment; how do you want me to invest?’ And for two weeks now, I’ve not been able to say anything because we live in a time when our financial sector has had a big hit and there’s a lot of uncertainty”.
“And, so”, he continued: “Even though I used to teach a lot on investment, it’s difficult for me to say because last year nine major banks were closed, this year 347 microfinance companies have been closed, 23 savings and loans and finance houses have also been closed. So… hello! So, how can I …?” he despaired.
