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SIM registration to centralize KYC data, boost financial service delivery – First Deputy Governor

According to Dr. Maxwell Opoku-Afari, the First Deputy Governor of the Central Bank, the current SIM Card registration activity aims to assure the centralization...

Business

Ghana’s inflation largely due to domestic factors – IMF

According to the International Monetary Fund, Ghana's rising inflation is primarily caused by domestic factors. Abebe Selassie, the African Director at the IMF, claims that...

Business

Cedi touches new low amid record 37% inflation

The IMF expressed increasing support for the economic recovery in Africa this week at its annual meetings in Washington. The IMF wants to hasten the...

News

US jobs growth slows as policymakers fight inflation

Jobs growth in the US has slowed for a second month, in a sign that the labour market in the world's largest economy may...

Business

Ghana’s public debt stock hits GH¢402.4 billion, 68% of GDP in July 2022 – BoG

Ghana’s public debt stands at GH¢402.4 billion as of July 2022, 68% of the country’s Gross Domestic Product. The debt stock which stood at GH¢392.1...

Business

Policy rate increment to cripple startup businesses – Economist

Dr. Daniel Amarteye Anim, a development economist, lamented the Bank of Ghana's increase in the policy rate and warned that it could kill off...

Business

Force gov’t to finance the budget outside the banking sector – Kwakye tells BoG

Dr. John Kwakye, the director of research at the Institute of Economic Affairs (IEA), has requested that the Bank of Ghana (BoG) order the...

News

BoG: ‘Pay up your MoMo loans or risk losing creditworthiness’

The Bank of Ghana has provided advice to those who have obtained loans using mobile money platforms but have consciously chosen not to register...

Business

Chipper Cash gets Bank of Ghana authorization for US remittances

The Bank of Ghana (BoG) has granted permission for Chipper Cash, a cross-border payments app used by over five million individuals in Africa and...

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...

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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