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Banking and Finance
Government postpones meeting with China on debt cancellation to March 2023
Finance Minister, Ken Ofori-Atta, has hinted that a planned high-level government delegation to China has been postponed to late…
Cedi losses some stability; $1 equals ¢12.90
The recent gains by the Ghana cedi has come to a halt as the local currency lost some stability to the US dollar today February…
Inflation likely to peak in quarter 1, 2023 – BoG affirms position
The Bank of Ghana has reiterated that inflation is likely to peak in the first quarter of 2023 and gradually ease thereafter.…
GH¢83bn bonds surrendered for new ones
The government has received GH¢83 billion of its existing domestic cedi denominated bonds for new ones under the domestic debt…
Understanding how banks analyse your business loan application
Credit analysis is a complete analysis of the client's overall performance and the specific project to be financed with a loan in…
IMF agreed to central bank financing of gov’t – BoG
The International Monetary Fund (IMF) supported the Bank of Ghana’s financing of the government in 2022 as a crisis management…
We’re confident of IMF disbursement by end of March 2023- BoG Governor
The Governor of the Bank of Ghana (BoG) Dr. Ernest Addison has expressed confidence in Ghana securing a deal with the…
UMB launches new insurance products with SIC Life
Two leaders in Ghanaian financial services, Universal Merchant Bank (UMB) and SIC Life Limited have launched two new life…
Private sector credit soared last year
Private sector credit growth picked up, partly reflecting continued portfolio rebalancing by banks and revaluation effects on…
GSE grants extension to 5 entities
The Ghana Stock Exchange has extended the date for five companies to submit their unaudited financial statements for the period…