MPC Announces Policy Rate Today
The Monetary Policy Committee (MPC) of the Bank of Ghana is expected to announce a new policy rate today, Monday September 19. It comes after a meeting on Friday September 16 by the MPC on the health...
Tag: Monetary policy
Interest Rate Hits 33 Per Cent
The average lending rate of banks has hit 33 percent as at the end of August this year, the highest since 2003, the latest central bank’s macroeconomic and financial data has shown. This is a...
Interest Rate Jumps To More Than A Decade High
The average lending rate of banks has hit 33 percent as at the end of August this year, the highest since 2003, the latest central bank’s macroeconomic and financial data has shown. This is a...
China Business Confidence Rises Again
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...
Wobbly Inflation Dampens Hopes of Policy Rate Cut
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...
Bawumia’s Lecture: Only Four Out of Eight Claims True
The Media Foundation for West Africa (MFWA) is disputing some facts presented by Dr. Mahamudu Bawumia, vice presidential candidate of the New Patriotic Party (NPP) at his recent economic lecture...
Banks Tighten Grip On Lending
With barely three months to general elections in Ghana, banks are cautious about extending credit to businesses and individuals, some industry experts have told Business Finder. The uncertainty...
Election Fever Pushes Up Inflation Slightly
Barely three months to the crucial December polls, inflation, which has been largely erratic this year, has begun a gradual ascent, with the Ghana Statistical Service suspecting that traders are...
Bawumia Exploiting the Economy’s Weaknesses
Faced with deepening economic malaise, most Ghanaians aren’t easily impressed these days, and whether Dr Mahamudu Bawumia, NPP’s presidential running mate, was right or wrong, he provided an...
Imanis Business & Economic Environment Report (2011-2016)
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...