Inflation drops to two-month low …hits 7.8% in January

February 13, 2020 The general price level of goods and services has seen a marginal decline ever since it recorded its highest figure after the Ghana Statistical Service (GSS) started applying the new series...

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February 13, 2020 / Comments (0)

No new banking applications yet — Bank of Ghana

September 25, 2019 The Bank of Ghana (BoG) has stated that it is not processing any application for a fresh banking licence to new entrants into the banking sector. The Governor of the BoG, Dr Ernest Addison,...

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September 25, 2019 / Comments (0)

‘Renewed confidence in banking sector to spur economic growth’

April 2, 2019 THE Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr Yofi Grant, is optimistic that a rebound in foreign investor confidence in the banking industry will spur...

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April 2, 2019 / Comments (0)

Central bank stays policy rate on inflation scare

July 24, 2018 After inflation inched up for two consecutive months (May and June), the central bank has decided, at its latest monitoring policy meeting, to maintain its policy rate at 17percent, as a...

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July 24, 2018 / Comments (0)

Deficit to be capped at 5% of GDP from 2019

July 9, 2018 Government’s budget deficit will be capped at 5 percent of GDP from 2019 as part of measures aimed at preventing fiscal slippages, Vice President Dr. Mahamudu Bawumia has revealed. He...

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July 9, 2018 / Comments (0)

Cedi woes resurfaces

July 5, 2018 Despite a strong start to the year, the local currency has come under intense pressure from the US dollar resurrecting the woes of the cedi against its major trading partners. Data from the...

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July 5, 2018 / Comments (0)