The past eight years have been a disaster for the people of Ghana. Governance standards have slipped and the economy has struggled, making life more difficult for every Ghanaian. Our country, once...
The decision by managers of Ghana’s economy to issue both dollar and cedi denominated bonds has been commended by the Chief Investment Strategist at Standard Chartered Bank. According to Steve...
The Monetary Policy Committee (MPC) of the Bank of Ghana will next week Monday, announce its policy rate for commercial banks in the country. The announcement will conclude the MPC’s 73rd regular...
How strong are our banks? In recent months, l have heard and read about genuine concerns expressed about the “banking sector” in Ghana. The sad reality, however, is that most of the concerns are...
The Bank of Ghana (BoG) and the International Finance Corporation (IFC) of the World Bank Group yesterday launched a partnership to strengthen corporate governance practices within the country’s...
The latest Bank of Ghana (BoG) Financial Stability, report covering operations of bank’s for the first seven months of this year shows Non-Performing Loans (NPLs) has hit GHC6.1 billion. Loans...
Banks, offering mortgage loans, have blamed the general slowdown in economic activities and a weak purchasing power among Ghanaians, as reasons accounting for the decline in the demand for mortgage...
Some financial observers have lauded moves by the Bank of Ghana(BoG) to bar foreign banks from occupying the Managing Director position and Board Chair position concurrently with foreigners. The...
Good morning to you all, ladies and gentlemen of the press. We begin with thanks and praises to the Almighty Allah and pray for peace and blessings on the Noble Prophet Muhammad, his household and...
Local service companies in the oil and gas sector have been advised to conduct feasibility studies into areas where they want to operate to avoid loss of investment. Mr. Theophilus Ahwireng, Acting...
The anti- corruption crusader, Mr Martin Amidu, yesterday slugged it out with lawyers for the state and businessman Mr Alfred Agbesi Woyome at the Supreme Court in Accra over the oral examination of...
Government’s decision to restructure Volta River Authority’s (VRA) debts has been well received by banks in the country which are hoping such arrangements will be made for other State-Owned...
The Institute of Certified Economists of Ghana, has ruled out any likely effect on the performance of the cedi against the dollar in the short to medium term following the election of a new President...
The Institute of Certified Economists of Ghana, has ruled out any likely effect on the performance of the cedi against the dollar in the short to medium term following the election of a new President...
The President of the Ghana Bankers Association, Alhassan Andani has stated that banks that were owed by government under the legacy debt have received second payment in the first week of September....
New figures released by the Bank of Ghana (BoG) reveal demand for loans for house purchase by customers of banks have reduced despite an ease in credit access by commercial banks. Banks in July 2016...
The Bank of Ghana (BoG) will from next year introduce a Corporate Governance guideline that will ensure financial soundness in the banking sector and improve economic efficiency and growth, the...
Kennedy Ohene Agyapong has been caught again with his lies bothering on some Bank of Ghana project in the Northern Region awarded to Maripoma Enterprise Limited. The Assin North Member of Parliament...
Actors in the agriculture sector are reacting variously to Bank of Ghana’s initiative to attract funding to the sector, with some commenters asking for direct cash transfers to farmers, whilst...
President John Dramani Mahama has defended the decline in the contribution of agricultural to Gross Domestic Product (GDP), describing the situation as “very normal” in the case of every...