Eurobond proceeds to boost cedi stability

April 7, 2021 Market analysts are predicting that proceeds from the 2021 Eurobond issuance will boost the stability of the cedi by helping the Bank of Ghana build up its foreign exchange reserves. The...

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April 7, 2021 / Comments (0)

Bank of Ghana joins Basel Group to set standards for banks globally

April 6, 2021 The Bank of Ghana (BoG) has joined the Basel Consultative Group (BCG), a global body that sets and implements standards on banking supervision globally. The bank said it was admitted into...

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April 6, 2021 / Comments (0)

BoG provides clarity on GH¢22.5bn gov’t financing

March 31, 2021 GH¢10bn for Asset Purchase Programme GH¢5.6bn IMF COVID-19 support GH¢981m IMF ECF cash GH¢5.1bn liquidity to CBG GH¢925m to MFI depositors The Bank of Ghana has provided clarity on...

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March 31, 2021 / Comments (0)

GSE lauds suspension of taxes on capital gains on listed securities

March 26, 2021 The permanent removal of taxes on capital gains on listed securities in the country has been lauded by the Managing Director of Ghana Stock Exchange, Ekow Afedzie, describing it as critical...

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March 26, 2021 / Comments (0)

BoG keeps policy rate at 14.5% for second consecutive time this year

March 22, 2021 The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has kept the Policy Rate at 14.5 percent for the second consecutive time this year. The policy rate is the rate at which the...

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March 22, 2021 / Comments (0)

BoG revises sanctions for dud cheques issuance

March 15, 2021 The central bank says it has revised the sanctioning regime in respect of the issuance of dud cheques for strict compliance by banks and specialised deposit-taking institutions (SDIs)....

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March 15, 2021 / Comments (0)

Government seeks $5.5 billion to settle remaining clients of defunct FMCs

March 15, 2021 The government is seeking the approval of US$5.5 billion to complete payment of the bailout packages to the remaining customers of defunct fund management companies who are yet to be...

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March 15, 2021 / Comments (0)

Ghana cedi expected to be stable for the rest of 2021

February 25, 2021 Senior Economic Analyst with Databank, Courage Kingsley Martey, is confident the cedi will sustain its stability throughout the year 2021. The cedi, which began the year selling at 5 cedis...

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February 25, 2021 / Comments (0)

BoG measures to curb cyberfraud, boost customer confidence—Report

February 24, 2021 A new report by the Institute of Customer Service Professionals (ICSP), titled ‘The State of Customer Service in Ghana’, has disclosed that measures outlined by the Bank of Ghana (BoG)...

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February 24, 2021 / Comments (0)

Government accepts GH¢3 billion for 2-year bond as investor interest grows

February 22, 2021 Government accepted GH¢3.0 billion from the 2-year bond auctioned last Thursday as there were immense foreign investor participation in the debt instrument. Auction result from...

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February 22, 2021 / Comments (0)