The Bank of Ghana (BoG) has announced significant revisions to the balance and transaction limits of customers’ mobile money wallets, effective March 1, 2024. This strategic move, as communicated by ...
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has projected interest rates on the Government’s short-term debt securities to reduce from the current 28.5% – 31.7% to 13% ...
Mobile money transactions in 2023 soared to unprecedented levels, surpassing previous records and underlining the nation’s evolving fintech landscape. According to the Bank of Ghana’s January 2024 Summary of Economic ...
The Bank of Ghana (BOG) has confirmed the receipt of the second tranche of the bailout package with the International Monetary Fund (IMF), amounting to US$600 million. This funding, designated ...
The Executive Board of the IMF has granted approval for the first review of Ghana's three-year program with the fund. This approval follows an agreement between Ghana and the Official ...
It was interesting to hear Bank of Ghana (BOG) officials pat themselves on the back because year-on-year inflation had dropped to 26.4% in November 2023, from 35.2% in October 2023 ...
The Governor of the Bank of Ghana, Dr. Ernest Addison, has urged the Ghanaian public to acknowledge and appreciate the efforts invested in salvaging the struggling economy, despite the formidable ...
The Ghanaian cedi has experienced a significant decline in value against the US dollar, according to a report released by the Bank of Ghana. The report indicates that the cedi ...
The cedi is expected to maintain its stability vis-à-vis the US dollar in the immediate future, a prospect that has garnered the attention of market analysts. The reason behind this ...
The Central Bank recently raised GHS 2.7bn from the domestic debt market through the issuance of its own bills with a maturity period of 56 days. The auction, which took ...
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