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Domestic VAT collections increased to GHC1.9 billion in 2023 – BoG

According to the January 2024 Monetary Policy Report from the Bank of Ghana, the real sector of the economy showed a mixed performance in...

500 female entrepreneurs to gain from DBG, partners’ GHS1bn funding initiative

The Development Bank Ghana (DBG) has reiterated its dedication to fostering the advancement of women entrepreneurs in the nation.During the Investment Climate Reform (ICR)...

BoG adjusts momo transaction limits to meet growing demand

In response to the rapid growth in mobile money transactions and evolving customer needs, the Bank of Ghana (BoG) has announced revisions to the...

BoG to make changes to MoMo wallet limits from March 1

In response to the surge in mobile money transactions and evolving customer needs, the Bank of Ghana (BoG) has announced adjustments to the balance...

Transaction limits of customers’ MoMo wallets to be reviewed effective March 1

Effective March 1, 2024, the Bank of Ghana (BoG) has increased the balance and transaction limits for customers' mobile money wallets.This adjustment comes...

BoG reports 54% drop in secured loans to GHS5.9bn

In the fourth quarter of 2023, banks and Specialised Deposit-Taking Institutions (SDIs) extended secured loans with a combined value of GH¢5.9 billion, according to...

Bank of Ghana implements measures to avoid EU, UK blacklisting risk

In a bid to mitigate the risk of being blacklisted by the European Union and the United Kingdom, the Bank of Ghana has announced...

Bank of Ghana accused of plagiarism and IP theft

The world of central banking is surprisingly replete with accusations of plagiarism. The governor of Turkey’s central bank between 2019 and 2020 (and vice governor...

BoG to stop some operations owing to GHC60bn loss – IEA Director

Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, has criticized the characterization by New Patriotic Party flagbearer Dr. Mahamudu...

‘Responsible’ Bank of Ghana is unfairly criticised – Bawumia

Vice President Dr Mahamudu Bawumia commended the Bank of Ghana (BoG) for its prudent measures rolled out in efforts to stabilize the Ghanaian economy...

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