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Business

Money bouquet for birthday, wedding celebration is illegal – BoG

The Bank of Ghana has warned Ghanaians to refrain from sending gifts to others in the form of cedi bouquets and hampers. It said the...

Business

Treasury bills have a GH705 million oversubscription and a 36% interest rate

Last week, there was a significant oversubscription of Treasury bills because the government didn't reach its goal at the prior auction. The government obtained GHc1.98...

Independent Africa

Ethiopia replaces central bank boss amid high inflation

Head of Ethiopia's central bank, Yinager Dessie has been sacked as the nation struggles with high inflation rate. He has been replaced by the Prime...

News

BoG plans to sell $200 million to BDCs in FX auction for Q1 2023

The Bank of Ghana plans to sell about $200 million to Bulk Oil Distribution Companies (BDCs) in the first quarter of 2023. The intended sale...

Business

A $150 billion spending binge begins the year of the bond

In just four days, borrowers raised more than $150 billion (R2.56 trillion) in new debt after weeks of rising confidence that 2023 might finally...

Business

Persons with no immediate use for dollar should be barred from buying them – Economist

Professor William Baah-Boateng, an economist at the University of Ghana, has asked the Bank of Ghana to make sure that people who do not...

Business

Inflation to ease by end of 2023 around 25% – BoG report

The Bank of Ghana has projected that inflation will continue to peak in the first quarter of 2023 and ease to around 25 percent...

Business

BoG warns against taking loans from these 19 institutions

Ghanaians have been warned by the Central Bank not to borrow money from 19 unauthorised institutions. On August 22, 2022, it issued a statement that...

Business

US partly to blame for Ghana’s economic strain – BoG

The Central Bank has attributed some of Ghana’s current economic crisis to external factors that arose as a result of the United States of...

Business

BoG will ensure banks remain solvent – Dr Addison

The governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has raised concern regarding the solvency of some Ghanaian institutions. He claims that the...

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Tag: Central Bank

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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