Bank of Ghana
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Banking
Cheque fraud increased by 2.5% in 2019, says BoG
The number of cheque fraud cases increased marginally by 2.56% from 39 cases in 2018 to 40 cases in 2019,…
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Economy
BoG commits US$50 million to FX market in July
The Bank of Ghana (BoG) will issue a total of US$50 million on to the forex market in the coming…
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Banking
Kweku Awotwi appointed board chairman of UBA Ghana
United Bank for Africa (UBA) Ghana has appointed Kweku Andoh Awotwi as chairman of the bank’s board following approval by…
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Economy
A plan for reviving a country’s economy in the doldrums
The impact of COVID-19 on Ghana’s economy has been excruciating and the stack of fiscal symptoms leaves one wondering whether…
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Banking
Bank of Ghana keeps policy rate at 14.5%
The monetary policy committee (MPC) of the Bank of Ghana (BoG) has kept the policy rate unchanged at 14.5%. Speaking…
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Banking
Six arrested over GHC46.1 million bank fraud
Six people who allegedly hacked into a bank and attempted to transfer more than GHC46.1 million to eight individuals in…
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Financial Services
Staff of collapsed microfinance firms to get back-pay
Ex-staff of all 347 defunct microfinance companies will soon be paid their outstanding salaries in full. This news was announced…
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Business
No need to raise taxes in mid-year budget: collection must improve, says tax analyst
A tax analyst, Timore Francis Boi, has said there will be no justification for government to introduce new taxes or…
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Economy
BoG Governor fears Ghana’s current deficit not sustainable
Dr Ernest Addison says the country needs to work hard to manage the growing deficit as the current rate is…
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Banking
No dividend for 2019, BoG declares, despite GHC1.8 billion profit
The Bank of Ghana posted a profit of 1.8 billion Ghana cedis for 2019 but will not be paying out…
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