An economist, Adu Owusu Sarkodie, has attributed the high level of nonperforming loans to the high cost of production and doing business in the country. Per the latest Bank of Ghana (BoG) Financial...
Tigo Business has announced its partnership with the 2017 Ghana Economic Outlook and Strategy Conference (EOBS). Tigo Business, the enterprise arm of Mobile Network Operator, Tigo, offers world-class...
Central bankers in West Africa have expressed their commitment to collaborate to fight currency counterfeiting within the sub-region. The growing menace affects almost all countries within the West...
Currency analysts have stated that the Bank of Ghana’s auction of 120 million dollars in the first quarter of this year, to contain the cedi’s depreciation has begun yielding the intended...
Central banks across the West African sub-region have met to build capacity in fighting fake currency circulation. The circulation of counterfeit notes has been a major challenge for West African...
Economists are highly expectant of a reduction in the policy rate by the Monetary Policy Committee (MPC) of the Bank of Ghana as the Committee prepares to announce its new rate next Monday. They cite...
Central banks across the West African sub-region have met to build capacity in fighting fake currency circulation. The circulation of counterfeit notes has been a major challenge for West African...
Chief Director at the Ministry of Finance, Patrick Nomo, has indicated that government will source funds from the domestic market, but it will be done in a strategic manner that will not crowd out...
The 1st vice chairman of the NPP in the Eastern Region has called on president Nana Akufo Addo to sack Dr. Ishahaku, the current Bank of Ghana Governor in order to rescue the marathon depreciating...
The gains the Cedi made this week is expected to continue next week as forex inflows improve amid lower import demands on the currency. After touching record lows of GHc4.7 to the dollar early this...
Government’s decision to issue a three-year bond last week has helped stabilize the cedi marginally on the interbank market. The local currency which has been depreciating sharply since last month...
The Bank of Ghana has expressed happiness about the performance of the latest legal tender released onto the market. Though there have been mixed responses over the new GH¢5 notes, the Bank says the...
Contract Cost & Printers Unknown What was thought to be a bold statement by the Akufo-Addo government in immortalizing the respected, Dr. James Emman Kwegyir Aggrey at Ghana’s 60th Anniversary...
Average interest rate on agricultural loans by banks has increased marginally to 33.2 percent as at the end of February this year, the Bank of Ghana’s Annual Percentage Rate and Average Interest...
Reviewing the high-interest rates on loans, improving ATM services as well as reducing the turnaround time at banking halls have emerged as some key concerns for customers of banks. They believe...
He said the bank is working to prevent any attempt to counterfeit the new note Head of Currency at the Bank of Ghana, Mr. Edward Musey has stated that the new 5 cedi note was only printed for the ...
The latest Annual Percentage Rate (APR) and Average Interest (AI) report by the Bank of Ghana has shown that GCB Bank offers the highest interest on mortgages as at the end of February. Potential...
The average interest on vehicle loans offered by commercial banks has reached 35 percent as at the end of February this year; the latest Annual Percentage Rate (APR) report by the Bank of Ghana has...
The influx of information is at its peak. There is readily available information on any conceivable subject online. The speed with which information flows is remarkable but its credibility leaves a...
Government will have to cut down its expenditure significantly if the Ghanaian banking sector is to see a reduction in the high-interest rates, the Chief Executive Officer of Dalex Finance, Ken...
