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OmniBSIC tops banks offering lowest interest rate on loans to SMEs – BoG

OmniBSIC Ghana Ltd offered the lowest interest rate of 33.06 percent on loans to Small and Medium Enterprises (SMEs) with a tenure of 5...
Business

Potential interest rate cuts expected in Ghana due to import costs – Fitch Solutions

Fitch Solutions predicts potential upward risks to Ghana's interest rate outlook, pointing to geopolitical tensions and disruptions in global trade that may result in...
Business

A dollar goes for GHS12.25 at forex, BoG interbank rate at GHS11.59

On November 28, 2023, the Bank of Ghana reported the interbank forex rates, revealing that the Ghana Cedi trades against the dollar at a...
Business

Ghana’s interest rates highest among top 15 African countries – Report

Among some top 15 African nations, Ghana is said to have the highest interest rates, surpassing that of Egypt. The rates for the 91-day and...
Business

Time to boost interest in local poultry business- CADA Veep

An appeal has been made by the newly-appointed Vice President-Confederation for the Development of Poultry in Africa (CADA), Mr. John Bewuah Edusei, calling for...
Business

Evidence of interest rate manipulation that banks “covered up”

Evidence suggests that UK and US authorities were informed of a state-led effort to "rig" interest rates during the 2008 financial crisis but chose...
World

UK already in recession, Bank of England reveals

The Bank of England hikes interest rates as it indicates the UK is already in recession; government hints energy support for schools, hospitals, and...

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