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‘We will soon overcome economic challenges’ – BoG

The second Deputy Governor of the Bank of Ghana (BoG) has stated that even though economies around the world will face difficult times, Ghana...

Business

Ghana’s debt stock skyrockets to ¢402.4bn -BoG

The October 2022 Bank of Ghana (BoG) Summary of Economic and Financial Data has revealed that Ghana’s public debt stock is now at ¢402.4...

Business

Loans to become more expensive as BoG hikes policy rate to 24.5%

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the Policy Rate by 250 basis point to 24.5%. This is the...

Business

Capping fuel prices wrong policy, says BoG

Dr Ernest Addison, the Governor of the Bank of Ghana (BoG), has said capping fuel prices is a wrong policy. There have been calls for...

Business

BoG partners key players in financial sector to address challenges

The Bank of Ghana has engaged players in the financial space to address possible threats to the sector in order to achieve a sound...

Business

BoG postpones routine MPC meeting over IMF team visit

The Bank of Ghana’s (BoG) Monetary Policy Committee (MPC) will not be holding its routine quarterly meeting today, Monday, September 26, 2022, as scheduled. A...

Business

Chamber of Mines to sell 125,000 ounces of gold to BoG

Gold-producing member companies of the Ghana Chamber of Mines will, between now and December 2022, sell about 125,000 ounces of gold to the Bank...

Business

Phasing out ¢1, ¢2 notes will further hike inflation – IEAEA Director of Research

The Director of Research at the Institute of Economic Affairs, Dr. John Kwakye is warning of further hikes in inflation if the Bank of...

Business

BoG to impose sanctions on banks that breach digital financial services guidelines

The Bank of Ghana may impose on banks or Specialized Deposit-Taking Institutions, an administrative sanction of not more than 10,000 penalty units for breach...

Business

BoG commended for easing imports and exports bottlenecks

Chief Executive Officer of the Ghana Shippers' Authority (GSA), Ms Benonita Bismarck, the has commended the Bank of Ghana (BoG) for streamlining bottlenecks in...

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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