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GDP growth for Q1 in 2023 was strong – BoG

In the first quarter of 2023, the provisional Gross Domestic Product (GDP) growth in the real sector exceeded expectations, showing significant improvement, according to...

News

Individuals hoarding dollars at home are hindering our progress – BoG

The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has raised concerns about individuals holding significant amounts of foreign currencies in their...

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Ghana’s policy rate hiked to 30% – BoG

The Monetary Policy Committee of the Bank of Ghana, as part of efforts to address the surging inflation, has raised its Policy Rate by...

Business

Interest rates reach 30% as government exceeds its short-term securities objective

In its latest auction on July 21, 2023, the government exceeded its treasury bill target by GH¢45.05 million. The total subscription for the 91-day,...

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Ghana recorded trade surplus of $1.77bn in first half of 2023 – BoG

In the first half of 2023, Ghana experienced a trade surplus of $1.77 billion, which accounts for approximately 2.4% of its Gross Domestic Product...

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I can’t rob BoG, it was a joke – Man makes u-turn on intention to rob Central Bank

An unidentified man who had previously made threats of robbing the Bank of Ghana (BoG) with his gang and weapons, has now recanted his...

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High Court to probe BoG license revocation

The Supreme Court has ruled that the High Court has the authority to investigate the revocation of licenses of banks and specialized deposit-taking institutions...

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Nduom cleared to challenge GN Bank’s license

The Supreme Court has awarded businessman and politician, Paa Kwesi Ndoum permission to appeal GN Bank's license revocation to the High Court. This comes after...

News

Man sends video message to Bank of Ghana announcing intent to rob it

In an alarming development, an individual whose identity remains unknown has transmitted a video message directly to the Bank of Ghana, publicly announcing his...

Business

T-bills auction: Government achieves 19.5% of target at higher cost

A latest report from the Bank of Ghana, says the government successfully attained approximately 19.5% of its target for the sale of Treasury bills. Despite...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia