Tag: policy
Business
BoG indicates ongoing efforts to sterilize liquidity
The market is still highly liquid despite the recent change in the Cash Reserve Ratio (CRR) policy in November 2023, which has led the...
Business
Clearing agents’ productivity rated by Customs at approximately 80%
A principal revenue officer in the Policy and Programmes Unit of the Customs Division of the Ghana Revenue Authority, Smile Agbemenu, has evaluated the...
Business
Treasury yields rising as govt’s overdependence continues
The Treasury continues to face elevated short-term yields primarily due to the government's heavy reliance on T-bills, compounded by persistently high inflation and the...
Independent Africa
Faulty polling in Gabon cause of coup – EU’s Borrell says
EU foreign policy chief, Josep Borrell, remarked on Thursday that the military coup in Gabon should not be equated with the crisis in Niger.In...
Business
Treasury yields will remain high for a while due to the tighter monetary policy
In response to emerging upside risks to inflation, the Monetary Policy Committee (MPC) of the Bank of Ghana has implemented a tighter monetary stance.As...
Business
“It is a worry to all of us” – BoG Governor on hoarding of foreign currencies
Governor of the Bank of Ghana, Dr. Ernest Addison, has voiced worry about the practice of some people stockpiling enormous sums of foreign currency...
Independent Africa
Nigerians welcome student loans but questions linger
Nigerians in the nation's capital, Abuja, tell the international media that while they support President Bola Tinubu's new student loan bill, they have concerns...
Independent Africa
Kenya’s shilling drops to a new record after 60 straight days
After 60 days of falls, the Kenyan shilling experienced its longest losing streak since records began in 1988.By 10:55 a.m. in Nairobi, the shilling...
World
Twitter will ban unlabelled parody accounts, says Elon Musk
Elon Musk says Twitter users engaging in impersonation without clearly specifying it as a parody account will be permanently suspended.Twitter previously issued a warning...
News
Trade Ministry to roll out textile tax stamp from Nov 1
The implementation of the textiles tax stamps policy aimed at tackling the influx of pirated and fake textiles in the country as well as...