MoMo ‘ding dong’ continues: Transactions drop in April
The value of Mobile Money (MoMo) transactions which peaked in March this year suffered a decline the following month.
Data from…
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BoG
We’re on top of inflation: BoG assures, raises policy rate to 19%
THE Bank of Ghana (BoG) has assured businesses and the general public that the high increases in prices of goods and services…
Governor urges attractive investment policies
African Development Finance Institutions (DFIs) have been tasked to implement policies that will enhance their rating to attract…
Money market yields trend upwards as investors seek positive real returns –…
Money market yields will trend higher as investors ask for positive real returns, whilst liquidity conditions remain tight.…
Data suggests robust pick-up in the economy– Governor
The Ghanaian economy is growing strongly despite the threat of rising inflation and the recent sharp volatility of the cedi,…
BoG directs financial institutions to incorporate ‘lenders…
The Central Bank has directed all financial institutions to incorporate a summary of lenders’ rights of enforcement of loan and…
BoG Board appoints Prof. Festus Turkson to MPC
Bank of Ghana has announced the appointment by its Board of Directors, of Professor Festus Ebo Turkson, as an external member of…
Hubtel Secures full license to operate as an Enhanced Payment Services…
Ghana’s leading payments, quick commerce, and messaging technology company, Hubtel, has received a full and final license from the…
BoG to sell $350m to dealers in quarter 2, 2022
The Bank of Ghana will sell a total of $350 million dollars to authorised dealers in the second quarter of this year, in the…
BoG hikes policy rate to 17%
The Monetary Policy Committee (MPC) of the Bank of Ghana has increased the policy rate by 250 basis points to 17 percent.
This…