Golden Link Savings & Loans Company and Govt’s Moves Towards Improving the Economy


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Golden Link Savings and Loans Company aims at facilitating government’s efforts towards creating an enabling environment for private investors, as well as transforming the economy.

The new government of President Nana Akufo-Addo, since its inception, has been making significant moves towards achieving her major campaign promise which is to transform Ghana’s economy.

The President has recently concluded the swearing in of ministers and staff who will serve in his administration.  It is the Nana Addo’s strong ambition that all government official would be up and doing and also work assiduously in line with the party’s policies to ensure that they deliver to the people of Ghana all that is expected of them.

Among several other promises, President Akufo-Addo prior to the 2016 elections, assured Ghanaians that he will give an annual allocation of $1 million to every constituency, build a dam in every village and a factory in every district while still reducing taxes. It has also stressed the need to work in collaboration with the private sector in in boosting economic activities in the country.

Nana Addo had earler made it clear to all those who would serve in his administration that public offices are not money-making platforms but a call to serve the nation.

Among several moves being made by the newly appointed public officers, the Energy Minister, Boakye Kyeremanten Agyako, has hinted on an imminent sustenance of a steady power supply, as well as reduction in electricity tariffs, a long term menace that has snuffed the life out of many Ghanaian businesses, while barely leaving otherson survival mode.

Also, the Finance Minister, Kenneth Ofori-Attah has said that government will look into the $918 million IMF deal to see how its terms and conditions could be adjusted to suit the new government’s policies.

See All You Need To Know About Ghana IMF Deal and Govt’s Plans for Review

Golden Link Savings and Loans Company

On Wednesday February 8, Finance Minister, Kenneth Ofori-Attah launched newly completed financial institution, the Golden Link Savings & Loans Company Limited.

At the occasion were Senior Minister, Osarfo Marfo who was the Chairman for the occasion; Finance Minister, Kenneth Ofori Atta as special guest, and a representative of the governor of the Central Bank of Ghana, Dr Abdul-Nashiru Issahaku.

Others were Executive Chairman of Glico Group, Dr. Kwame Acheampong Kyei; Acting Chairman of the New Patriotic Party Mr Freddie Blay; Mr Peter Mac Manu, Madam Joyce Aryee, Bishop James Saah, some customers and the media.

Addressing guests at the event, Mr. Ofori-Attah reiterated government’s commitment to creating a conducive economic environment for private investors in the country.

In the same vein, Senior Minister, Osafo Marfo said that government is going to ensure the reduction of interest rates in order to make the private sector an indispensable part of economic development.

In addition, Managing Director of the Golden Link Savings & Loans, Dr. Emmanuel Owusu assured that the company will provide excellent service delivery to customers; making the saying that “the customer is the king”, the essence of their activities. According to him, the company will serve as a one stop shop for the financial needs of both individual and corporate clients.

Dr. Owusu who hinted that the company is looking forward to becoming a universal financial institution in two years, appealed to the Central Bank to lend to them at the same rates it does to banks, to enable them decrease their interest rate to customers; seeing that people have developed confidence in savings and loans companies.

Golden Link Savings and Loans Company Limited is a non-bank financial institution with a license from the Bank of Ghana, and supported by the GLICO group of Companies. It has 5 other branches in the Greater Accra and Ashanti Regions. The newly opened branch is located in Tesano, a suburb of Accra, the capital of Ghana.