Be cautious about ‘Freedom coin’ cryptocurrency in Ghana – BoG

March 16, 2022 The Bank of Ghana (BoG) has cautioned the public about an impending launch of a cryptocurrency named “Freedom Coin” in Ghana. “It has come to the attention of Bank of...

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March 16, 2022 / Comments (0)

VAT on e-commerce: GRA, 2 regulators track online spending

March 16, 2022 The Ghana Revenue Authority (GRA) has partnered with two major regulators in the country (the Bank of Ghana (BoG) and the National Communications Authority (NCA) to help it monitor the...

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March 16, 2022 / Comments (0)

‘Leverage digitisation to increase participation in economy’

March 11, 2022 Second Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi, has called on women to leverage opportunities that digitisation provides – as she says this is a sure way of bridging the...

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March 11, 2022 / Comments (0)

Inflation hits 15.7% high amid global turbulences

March 11, 2022 With global crude oil prices remaining elevated and their pass-through effects on ex-pump petroleum prices, utilities and transport, consumer inflation continued its upward ascent as...

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March 11, 2022 / Comments (0)

Banks, financial institutions tell customers to update records with GhanaCard in line with BoG directive

February 23, 2022 Banks and Financial Institution operating in Ghana have reminded customers of the directive by the Bank of Ghana (BoG) regarding the use of of the GhanaCard as the only form of...

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February 23, 2022 / Comments (0)

Debt concerns, inflation push BoG to keep policy rate at 14.5%

February 1, 2022 The Monetary Policy Committee (MPC) of the Bank of Ghana has maintained the policy rate at 14.5 percent, citing elevated risk to inflation and debt sustainability challenges which have...

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February 1, 2022 / Comments (0)

Only Ghana Card can be used for all financial services from July 1—BoG directs

January 19, 2022 The Bank of Ghana (BoG) has directed that effective July1, 2022, all financial transactions will be undertaken with the Ghana Card only. A statement released by the central bank said the...

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January 19, 2022 / Comments (0)

BoG to offload US$450m to stabilise cedi in first quarter

January 12, 2022 Quartey calls for export-driven economy The Bank of Ghana has indicated it will pump US$450million into the forex market during the first quarter in a bid to stabilise the local currency...

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January 12, 2022 / Comments (0)

BoG seeks partnership to grow fintech space

December 14, 2021 The Governor of the Bank of Ghana, Dr Ernest Addison, has called for increased partnership between BoG and stakeholders in the financial technology space to help accelerate growth. He said...

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December 14, 2021 / Comments (0)

Be patient with central banks in the Covid recovery process – IMF to policymakers

December 8, 2021 The International Monetary Fund (IMF) has urged policymakers around the globe to be patient with their central banks as they work to bring back inflation to the levels they were during the...

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December 8, 2021 / Comments (0)