BoG picks Central Bank of the Year award

October 15, 2020 The Bank of Ghana (BoG) has been honoured at the seventh Central Banking Awards. The Governor of the BoG, Dr Ernest Addison received the Central Bank of Year award on behalf of the...

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October 15, 2020 / Comments (0)

Bank of Ghana maintains policy rate for 3rd consecutive time at 14.5%

September 29, 2020 The Monetary Policy Committee of the Bank of Ghana has maintained the policy rate at 14.5 percent after a similar decision in May and July of this year. This makes it the third consecutive...

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September 29, 2020 / Comments (0)

AfDB 2020 Annual Meetings: Building Africa back better after the COVID-19 pandemic

August 26, 2020 For the first time in the history of the African Development Bank, its Annual Meetings will be held virtually to comply with the COVID-19 pandemic-related social-distancing guidelines. The...

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August 26, 2020 / Comments (0)

EXPOSED: Banks caught in major violations

June 10, 2020 Changes made to loan agreements without notice Borrowers not provided pre-agreement contracts Exposing customer details to third parties Unfriendly environment for the physically challenged...

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June 10, 2020 / Comments (0)

BoG declares no dividend for 2019 despite GH¢1.8bn profit

June 10, 2020 The Bank of Ghana posted a profit of 1.8 billion cedis for 2019. This is about twice the operating loss of 793 million cedis it recorded in 2018. This has largely been attributed to the...

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June 10, 2020 / Comments (0)

BoG announces measures to boost liquidity in financial sector

May 31, 2020 The Bank of Ghana (BoG) has announced some measures to boost liquidity to the special deposit institutions (SDI) in the country. This is to enable the institutions to support their...

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May 31, 2020 / Comments (0)

BoG releases GH¢5.5 billion to support Covid-19 fight

May 29, 2020 The Bank of Ghana (BoG) has released the first tranche of GH¢5.5 billion of the GH¢10 billion emergency facility the government is seeking to support residual expenditures to cushion the...

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May 29, 2020 / Comments (0)

E-commerce flourishing in the wake of COVID-19 – WTO Report

May 7, 2020 A report by the World Trade Organisation (WTO) has noted that e-commerce is flourishing in the wake of the COVID-19 and the accompanying measures to forestall its spread which...

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May 7, 2020 / Comments (0)

Ghana gets $1bn IMF loan to fight COVID-19

April 14, 2020 The International Monetary Fund (IMF) has boosted Ghana’s fight against the novel Coronavirus (Covid-19) pandemic after approving the government’s request for financial support...

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April 14, 2020 / Comments (0)

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)