BoG announces 1,100% increment in minimum paid-up capital for Credit Bureaus
In a sweeping move, the Bank of Ghana (BoG) has enacted a…
BoG announces impending closure of Non-Bank Financial Institutions facing severe liquidity challenges
The Bank of Ghana has revealed plans to shut down a number…
Banking industry registers 3.2% annual growth in total assets value
Ghana’s banking sector maintains a steadfast stance, characterized by stability, soundness, liquidity,…
Private sector credit contracts by 7.5% in October, reflecting banks’ caution amid macroeconomic challenges
Private sector credit contracts by 7.5% in October, reflecting banks’ caution amid…
BoG maintains policy rate at 30% again
The Central Bank has maintained its monetary policy rate at 30%. This…
Ghana records $2bn positive trade balance as exports hit $13.4bn
Total exports at end-October 2023 stood at $13.4bn. This compares favourably to…
BoG fines, suspends Zeepay over forex regulation breaches
The Bank of Ghana has imposed fines on Zeepay Ghana Limited for…
BoG lists unapproved money transfer organisations operating illegally in remittance and forex markets
The Bank of Ghana has raised alarm over the illicit operations of…
IMF must adapt lending toolkits to serve vulnerable members– Dr Addison
The Governor of the Bank of Ghana, Dr Ernest Addison has asked…
Governor Addison calls for stronger IMF support for African economies in debt distress
In a compelling address titled “Making Public Debt Useful for Sustainable Growth…