Finance BoG maintains policy rate at 14.5% Kofi Ahovi May 15, 2020 0 The Monetary Policy Committee of the Bank of Ghana (BoG) has kept the policy rate unchanged at 14.5 per cent. In March, the BoG…
Banking and Finance Bank of Ghana donates GHs10m to covid-19 fund Kofi Ahovi Apr 18, 2020 0 The Bank of Ghana has presented a cheque of GH¢10 million to the COVID-19 National Trust Fund. The amount is in support of the…
Banking and Finance BoG offers $25m to forex dealers in April auction Kofi Ahovi Apr 10, 2020 2 The Bank of Ghana in its latest auction of forex, accepted $25 million in bids. This represents 31.74% of the total amount…
Banking and Finance BoG extends deadline for meeting minimum capital requirements Kofi Ahovi Mar 31, 2020 0 The Bank of Ghana (BoG) has extended the minimum capital requirement for banks and specialised deposit-taking institutions as well…
Finance GDP growth could slow to 2.5% in 2020-BoG Kofi Ahovi Mar 19, 2020 0 The Bank of Ghana (BoG) says it fears the Coronavirus pandemic (COVID-19) will collapse growth in the economy to 2.5 per cent in…
Banking and Finance BoG reduces policy rate to 14.5% Kofi Ahovi Mar 19, 2020 0 The Monetary Policy Committee of the Bank of Ghana (BoG) has lowered the policy rate by 150 basis points from 16 percent to 14.5…
Banking and Finance New ¢100, ¢200 notes cost $8.9m to print – Finance Minister Kofi Ahovi Mar 18, 2020 0 The Finance Minister has told Parliament that $8.9 million was spent to print the new ¢100 and ¢200 notes. Responding to…
General News GSA CEO, 23 others honoured for contribution to national development Kofi Ahovi Mar 9, 2020 0 The Chief Executive Officer (CEO) of the Ghana Shippers’ Authority (GSA), Benonita Bismarck and 23 other women have been honoured…
Banking and Finance Over 10,000 depositors receive payments – says Receiver Kofi Ahovi Feb 27, 2020 0 The Receiver for the defunct financial institutions says over 10,000 claims totalling a value of GH¢610 million have been paid so…
Banking and Finance BoG clamps down on entities pricing and accepting payments in dollars Kofi Ahovi Feb 27, 2020 1 The Bank of Ghana says it will not hesitate to penalize persons who flout the Foreign Exchange Act by pricing and taking…