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Banking sector outlook positive—BoG

May 23, 2019 The banking sector remains robust with strong growth prospects in various operational areas, the latest Banking Sector Report by the Bank of Ghana (BoG) has revealed. Given the liquidity in...

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May 23, 2019 / Comments (0)

NCA drafts bill to regulate telecommunication services

May 2, 2019 The National Communications Authority (NCA) has drafted a bill that will regulate the quality of services provided by telecommunication companies. To be known as the “Quality of...

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May 2, 2019 / Comments (0)

President’s monthly insight – April Edition

May 2, 2019 The Bank of Ghana (BoG) has issued a directive to crack the whip on recalcitrant forex bureau operators who fail to comply with the laws governing forex trading in the country. The...

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May 2, 2019 / Comments (0)

Veep launches first drone services … to enhance healthcare delivery

April 26, 2019 Access to vital health products is being hampered by the difficulty of supplying medicines from the central medical stores to remotely located patients; however, with the advent of drone...

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April 26, 2019 / Comments (0)

Manage planned MFIs clean-up with caution—ARB boss tells BoG

April 26, 2019 The decision of central bank to extend its financial sector clean-up down to the non-banking institutions is plausible, but will require a more cautious and helpful approach in order not to...

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April 26, 2019 / Comments (0)

Telcos yet to receive MoMo certification –GSMA

April 26, 2019 Talks are ongoing to have telecommunication operators in Ghana and other African countries certified in the usage of mobile money by the GSMA’s Mobile Money Certification – a platform...

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April 26, 2019 / Comments (0)

World Bank provides US$200m for electricity in West Africa, Sahel region

April 26, 2019 The World Bank Group has approved  the Regional Off-Grid Electrification Project (ROGEP), which includes US$150million in the form of credit and grants from the International...

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April 26, 2019 / Comments (0)

Banks’ average lending rate inches up, hits 27.8%

April 25, 2019 Even though the country’s policy rate has been trending downward for the past two years and banks are now using the Ghana Reference Rate – a formula that allows the policy rate to...

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April 25, 2019 / Comments (0)

BoG bares teeth – Warns forex bureaux to conform to rules

April 25, 2019 The Bank of Ghana (BoG) says it will crack the whip on recalcitrant forex bureau operators who fail to comply with the laws governing forex trading in the country. The clampdown, which will...

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April 25, 2019 / Comments (0)

West Africa’s mobile economy to reach US$70bn by 2023 – report

April 24, 2019 The economic value of mobile technologies and services is expected to hit US$70billion – representing 9.5 percent of GDP by 2023 in West Africa, the Mobile Economy West Africa report has...

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April 24, 2019 / Comments (0)