A Former Governor of the Bank of Ghana(BoG) Dr. Kwabena Duffour has criticized the erstwhile John Mahama government for investing the proceeds from the Heritage Fund into short term instruments....
The Bank of Ghana has explained that its recent decision to engage a third-party firm to interconnect mobile money retail payment was taken in the best interest of the economy. The bank said it was...
The Vice President, Alhaji Dr Mahamudu Bawumia, has told the world that Africa is more interested in trade than aid. Speaking at the fifth annual World Government Summit in Dubai in the United Arab...
The current trend where 10 per cent of Ghana’s Gross Domestic Product (GDP) is used in servicing the country’s debt should be reconsidered because it is not sustainable, Dr Kwabena Duffuor, a...
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...
The Bank of Ghana has mounted a spirited defence for a controversial ?4.6 billion contract to a private company to operate a new retail payment system infrastructure. But the Director of...
A banking professional, Judith Haizel, has appealed to the Bank of Ghana (BoG) to ensure that it introduces the corporate governance guidelines in the first quarter in order to encourage banks to put...
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...
Vice President of the Association of Ghana industries, Mr. Humphrey Ayim Darkeh has said that business confidence in the Ghanaian economy has surged up not because the business structures have...
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 Ghana Cedi ended the first month of 2017 with a depreciation rate of 2.80 percent against the US dollar, according to investment bank, Frontline Capital Advisors. Among six African currencies...
Ghana IMF deal has proven to be one of the stumbling blocks on the new govt’s path towards achieving her major goal of transforming the country’s economy. The government of Ghana, under the...
The latest news coming from Ghana my motherland is that, President Akufo-Addo has settled on lawyer Akoto Ampaw as the first person to fill the position of Independent or Special Prosecutor. Sources...
Some senior representatives from Vodafone Business Solutions, and the Bank of Ghana, will attend the inaugural Tech in Ghana Conference (TIGC) being held in London later this month. First Deputy...
Despite calls to the Bank of Ghana(BoG) to introduce measures that will reduce the number of banks in the country, former Finance Minister, and Chairman of the Board of newly licensed Heritage Bank,...
The cedi is expected to continue to wobble in the first quarter of the year as demand pressure increases, although analysts believe the instability will be short-lived. From November to now, the cedi...
