Ghana’s fixed income market continued to attract strong investor interest, recording a trading volume of 979.59 million cedis. Data from the Ghana Fixed Income Market (GFIM) showed that 508 transactions …
BANK OF GHANA
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EconomyFinanceGhanaGovernment PolicyInvestmentsWest Africa Business
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BankingConsumer ProtectionCyber securityFintechGhanaRegulation
Bank of Ghana, EOCO Shut Down 400 Illegal Online Lenders to Clean Up Digital Finance Sector
The Bank of Ghana (BoG), in partnership with the Economic and Organised Crime Office (EOCO) and the Cyber Security Authority, has shut down more than 400 illegal online lending platforms …
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BankingFinanceForex TradingGhanaRegulation
Bank of Ghana Restores UBA Ghana’s Forex Trading Licence After Compliance
The Bank of Ghana has lifted the suspension of the Foreign Exchange Trading Licence of United Bank for Africa (UBA) Ghana Limited, following the bank’s full compliance with the Central …
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AfricaEconomyFinanceGhanaMonetary Policy
Ghana Targets Early Exit from IMF $3bn Credit Programme by 2026
Ghana is on track to exit the International Monetary Fund’s (IMF) US$3 billion Extended Credit Facility (ECF) programme ahead of schedule, following strong economic recovery and improved fiscal performance, according …
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BankingBusinessFinancial InclusionGhana EconomyPolicy & RegulationRegional Security
Bank of Ghana Engages Religious Leaders on Non-Interest Banking Framework
The Bank of Ghana (BoG) has met with Christian and Muslim leaders in Accra to discuss Non-Interest Banking and Finance (NIBF) as part of its ongoing consultations to create a …
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Banking, Finance & InvestmentDevelopmentEntrepreneurshipInternational PartnershipsTrade & Investment,
Ghana Signs $500m Deal with BADEA to Boost 24-Hour Economy and Export Programme
The Government of Ghana has signed a Memorandum of Understanding (MoU) with the Arab Bank for Economic Development in Africa (BADEA) to support the country’s 24-Hour Economy and Accelerated Export …
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BankingBusinessEconomyFinanceGovernanceWestern Africa
Bank of Ghana Cuts Policy Rate to 21.5% as Inflation Pressures Ease
The Monetary Policy Committee (MPC) of the Bank of Ghana has announced a major cut in the benchmark policy rate, slashing it by 350 basis points (3.5 per cent) from …
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DevelopmentEconomyEnvironmentGovernment PolicyMiningWestern Africa
Ghana Gold Board to Establish Ultra-Modern Assay Laboratory and Refinery at Kotoka International Airport
The Ghana Gold Board (GoldBod) has secured a 0.6-acre parcel of land at the cargo village of the Kotoka International Airport in Accra for the construction of an ultra-modern ISO-certified …
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BusinessDevelopmentFinanceInternational TradePublic SectorTrade
Ghana Importers and Exporters Meet Central Bank Governor
The Importers and Exporters Association of Ghana (IEAG) has met with the Governor of the Bank of Ghana (BOG), Dr. Johnson Pandit Asiama, to discuss economic issues affecting trade and …
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Business and EconomyFinanceGovernanceTradeWestern Africa
Bank of Ghana Bans Dollar Cash Payouts to Corporates
The Bank of Ghana (BoG) has introduced fresh measures to control the way large companies withdraw foreign currency from banks, following growing concern that the practice was putting pressure on …