Perhaps for the first time in history, something in Ghana is being done at peak efficiency.
The Bank of Ghana announced the liquidation of Capital and UT Banks earlier today, revealing they have now been subsumed by the state owned GCB Bank.
Whilst the two banks were expected to continue operations smoothly despite the takeover, it seems GCB Bank is moving faster to ease the transition than even first imagined.
Already, the sign at the headquarters of UT Bank has been taken down and replaced with one of GCB.
After decades building his one man enterprise, it seems the end of Kofi Amoabeng’s UT is all but complete now.