New Five Cedis notes will be introduced as part of the Bank of Ghana’s 60th anniversary on March 4 Come Tuesday, March 7, the new GHC5 denomination set to be issued by Bank of Ghana (BoG) would be...
Heritage Bank Limited, a wholly owned Ghanaian bank, has unveiled its brand and first ultra-modern branch, during an official launch ceremony at its head office, at Airport City. The launch ceremony...
The central bank has reportedly put on hold the billion-dollar deal it handed to Sibton Switch, a local IT firm, to interconnect all payment systems in the country, following public outcry over...
The Governor of the Bank of Ghana, Dr. Abdul-Nashiru Issahaku and two other officials of the Bank have been cited in a contempt of court case for failing to execute a court order. The other two are...
Citi Business News can confirm that Government is considering extending Ghana’s program with the International Monetary Fund(IMF). Minister of Monitoring and Evaluation, Dr. Anthony Akoto Osei who...
Citi Business News can confirm that Government is considering extending Ghana’s program with the International Monetary Fund(IMF). Minister of Monitoring and Evaluation Dr. Anthony Akoto Osei who...
The International Monetary Fund (IMF) has expressed shock at the level of deterioration of various economic indicators in 2016 saying Ghana's fiscal problems required strong efforts of consolidation...
International Monetary Fund (IMF) is confident the plans outlined by the New Patriotic Party (NPP) government to cut down and eliminate some taxes will restore fiscal discipline, promote debt...
Ghana's overall fiscal deficit, on a cash basis, in 2016 deteriorated to an estimated 9 percent of GDP, instead of declining to 5¼ percent of GDP as envisaged under the IMF-supported program. The...
The International Monetary Fund (IMF) is confident the plans outlined by the NPP government to cut down and eliminate some taxes will restore fiscal discipline, promote debt sustainability and...
Golden Link Savings and Loans Company aims at facilitating government’s efforts towards creating an enabling environment for private investors, as well as transforming the economy. The new...
The Central Bank has hinted it may halt licensing new firms in the next few weeks to ensure new entrants merge with non-performing Savings and Loans companies. There are currently about 32 licensed...
The Bank of Ghana(BoG) has intensified moves to encourage commercial banks in the country to cede some portion of their annual funds as credit to farmers in the Agriculture sector. Even though the...
The Bank of Ghana is optimistic of a further drop in the Non-Performing Loans (NPLs) of commercial banks at least by the first quarter of this year. Figures from the central bank indicate that the...
The Bank of Ghana has optimistic of a further drop in the Non-Performing Loans (NPLs) of commercial banks at least by the first quarter of this year. Figures from the central bank indicate that the...
It has come to the attention of Citi 97.3 FM that, a story in circulation headlined ‘BoG to issue new GHC5, GHS30, GHS100, and GHS 200 notes on March 4”, has been sourced to citibusinessnews.com,...
The Bank of Ghana has defended its $120million auction for the first-quarter of this year to control the depreciation of the cedi. The central bank maintained that the move forms part of measures to...
The Bank of Ghana has told Citi Business News it will strictly abide by any agreement reached by the government and the International Monetary Fund (IMF) on the financing of government’s budget...
The Bank of Ghana (BoG) has retained its policy rate at 25.5%. This is due to the fact that the Central Bank views the “risks to inflation and growth as balanced” its governor, Dr. Abdul-Nashiru...
The Bank of Ghana (BoG) has retained its policy rate at 25.5%. This is due to the fact that the Central Bank views the “risks to inflation and growth as balanced” its governor, Dr. Abdul-Nashiru...
