A former Deputy Governor of the Bank of Ghana (BoG), Emmanuel Asiedu Mantey has put up a stern defense of the Central Bank’s decision to spend a staggering GH?2million to purchase gold watches for...
Barely two months after parliament passed the Bank of Ghana (BoG) Amendment Bill, the International Monetary Fund (IMF) has punched holes into the Act and is demanding fresh amendments to introduce a...
The minimum capital requirement for commercial banks in the country could be increased to Gh¢500 million from next year. This is what JOY BUSINESS has picked up from persons close to reviewing the...
Banks have admitted their inability to take the entire US$1.8 cocoa loan at once, an admission that supports moves by the central bank to delay direct transfers of the loan into the banking sector...
Citi Business News has gathered that Ghana will soon start inviting bids for the auctioning of the foreign-exchange proceeds from the Ghana Cocoa Board’s syndicated loans for the 2016/2017 crop...
The Bank of Ghana (BoG) has set up a technical committee to advice it on new modalities to be used in increasing the minimum capital of banks. The setting up of the committee followed the outcome of...
The stability of the Ghana cedi against the major foreign currencies, particularly the United States dollar, is expected to be sustained into the future in what is expected to bring a big relief to...
The Monetary Policy Committee (MPC) of the central bank has said it is undisturbed by perceived inflationary pressures which the Statistical Service said could result from traders hiking prices ahead...
Confidence among Chinese entrepreneurs has picked up for the second quarter running, according to the country's central bank. People's Bank of China surveys showed the business confidence index...
Hopes that the central bank could cut its long held policy rate as its Monetary Policy Committee (MPC) meets, have been blunted by a marginal rise in inflation for the past month, fueled by fears...
The Bank of Ghana (BoG) is using the ARB Apex Bank to resuscitate some 30 rural and community banks (RCBs) from imminent collapse after their operations and finances were weakened by continuous poor...
A suitable environment for businesses to succeed remains an important precursor to economic growth and ultimately the improvement of living standards. At a UN forum held in 2015, UN Secretary-General...
Some banks are impressing on the Bank of Ghana the need to possibly streamline the regulations for Mobile Financial Services. The Central Bank announced a new set of guidelines for the service about...
Founder of UT Holdings, Prince Kofi Amoabeng, has advised the banking sector to be cautious in lending to importers of oil and gas describing the sector as risky. Banks are having to deal with...
Contrary to what been referred to in many circles in Liberia that the former governor of the Central Bank of Liberia Dr. Mills Jones that his then financial policies which includes the given of loans...
The Bank of Ghana (BOG) has expressed discomfort over continued poor handling of the cedi notes – the local currency, something Dr. Johnson Asiama, the Second Deputy Governor, says is a huge...
The late Dr Nikoi, was born on 19th January 1930 at La, Accra and died on Thursday, 5 September. He had Bsc in Economics at the Amherst College in USA in 1953, a Fellow of Harvard University, USA...
The Bank of Ghana has dismissed reports that it has issued new 100 and 200 Ghana Cedis denominations.
It follows news making rounds suggesting the Central Bank has started issuing the new...
