Foreigners Laundering Gold Money
The Ashanti Regional branch of the Ghana Gold Buyers Association is alleging that foreigners engaged in gold buying in Ghana are involved in money laundering, but the state security agencies are...
Tag: bank of ghana
As Banks Swerve Merger Moves What Next?
Ghana is a nation of 26million inhabitants, with a Gross Domestic Product (GDP) of almost US$35billion, and a universal bank tally of 35. South Africa is a nation of 55million inhabitants, with a GDP...
Banks Pay 11.9% But Charge 33.4%
Banks are paying an average of 11.9 per cent per annum as interest on deposits but charging their borrowers an average of 33.4 per cent as nominal interest on loans annually, data from the Bank of...
BoG Builds Customer Confidence With New Consumer Complaints Guidelines
Consumers of financial services will from henceforth be able to demand compliance from their respective institutions they transact business with. It follows the completion of the Consumer Recourse...
NPP’s Negativity To Blame For Cedi Depreciation – Ricketts-Hagan
A former Deputy Minister of Finance with the Mahama administration, Kweku Ricketts-Hagan, has blamed the Akufo-Addo government for the fast depreciation of the cedi against some major trading...
NPP’s Negativity To Blame For Cedi Depreciation
A Deputy Minister of Finance with the Mahama administration, Kweku Ricketts-Hagan, has blamed the Akufo-Addo government for the fast depreciation of the cedi against some major trading currencies....
NPP’s Negativity To Blame For Cedi’s Depreciation
A Deputy Minister of Finance with the Mahama administration, Kweku Ricketts-Hagan, has blamed the Akufo-Addo government for the fast depreciation of the cedi against some major foreign currencies....
Fraud At Banks On the Rise
The Bank of Ghana (BoG) is alarmed at the rising spate of card fraud and defalcation in the banking sector that is threatening the integrity of the financial system. Fraud remains a major operational...
September Schedule For Free SHS “premature” – Economist
Government’s plans to roll out the free SHS programme in September has been described as premature. According to an Economist, Ken Thompson, the financial support presently coming in from...
President Against Council of State Being A Rubberstamp
President Nana Addo Dankwa Akufo-Addo on Monday sworn into office members of the Council of State, calling on them to be frank and bold in offering constructive criticism and practical counsel to...
September Schedule For Free SHS “premature”
Government’s plans to roll out the free SHS programme in September has been described as premature. According to an Economist, Ken Thompson, the financial support presently coming in from...
Cedi Depreciates At 5.2% So Far
Barely two months into the Nana Addo Dankwa Akufo-Addo-led administration, a failing local currency means the authorities would have to dig deep into their policy armory to deal with a familiar old...
Cedi’s Troubles Deepen, Expected To Continue Into March
The cedi’s current poor performance against the dollar is expected to run into the second quarter of 2017. This is the prediction coming in from some currency analysts. Almost three months into...
Kufuor’s Council of State Most Intellectually Effective
President Akufo-Addo has taken a thinly veiled swipe at previous Councils of State stating that the only effective, objective and intellectual Council of State was under the former President John...
Akufo-Addo: Kufuor’s C’cil of State Most Intellectually Effective
President Akufo-Addo has taken a thinly veiled swipe at previous Councils of State stating that the only effective, objective and intellectual Council of State was under the former President John...
Depoliticise Issues Affecting Economy — Seth Terkper
The immediate-past Finance Minister, Mr. Seth Terkper, has said that it is important to let the markets know the reasons for some of the challenges facing the economy and step back from the...
BoG Expects Cedi To Stabilise Against Major Currencies By End of March
The Central Bank says it expects the cedi to stabilise against major international currencies especially the dollar by the end of March this year. Market analysts have said the cedi has depreciated...
BoG Is ‘Risk Manager’ of the Year 2017
Bank of Ghana has been adjudged the Risk Manager of the Year by the Central Banking Publications (CBP), in recognition of the strong risk management culture that it has built into its business...
Depoliticise Issues Affecting Economy
The immediate-past Finance Minister, Mr Seth Terkper, has said that it is important to let the markets know the reasons for some of the challenges facing the economy and step back from the...
BoG Is Risk Managerof the Year 2017
Bank of Ghana has been adjudged the Risk Manager of the Year by the Central Banking Publications (CBP), in recognition of the strong risk management culture that it has built into its business...