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Banking and Finance
Cedi hits ¢10 to a dollar
The Ghana cedi has hit the ¢10 mark as it traded at ¢10.01 in the retail market yesterday August 18th, 2022.
At the same time,…
Databank, Black Star Brokerage not advisors to government – Finance…
The Ministry of Finance has dismissed social media reports that Databank and Black Star Brokerage – linked to Finance Minister,…
“BoG is fighting inflation from the wrong direction”-CEBRE
The Centre for Economic and Business Research (CEBRE) has urged the Central Bank to take a second look at its approach to fighting…
BoG uncovers ¢116.7m untraceable investments of collapsed MFCs, S&Ls…
The Bank of Ghana (BoG) says an untraceable investments amounting to ¢116.7 million of collapsed Microfinance Finance Companies…
Key directors, management of UT and Capital banks prosecuted for criminal…
Key Directors and Management staff of UT and Capital banks are being prosecuted for various criminal offences for their complicity…
Bank of Ghana raises policy rate to 22 per cent
The Bank of Ghana (BoG) has raised the policy rate by 300 basis points to 22 per cent in a historic move meant to ease growing…
Better to invest in Dollar, treasury bills don’t make sense –…
An Economist at the University of Ghana Business School, Professor Lord Mensah says the US dollar has emerged as a store of…
ADB to remain agric focused bank – Board Chairman
The Board Chairman of the Agricultural Development Bank plc, Daasebre Akuamoah Agyepong II, has stated that the bank will remain…
BoG To Hold Emergency Economic Review Meeting From Wednesday
The Monetary Policy Committee of the Bank of Ghana (BoG) is expected to hold an emergency meeting on Wednesday to review recent…
eCedi will boost economic activities – MoMo Stakeholders
The electronic cedi (eCedi) currently being piloted by the Bank of Ghana will boost business operations and economic activities in…