President Mahama To Consider Capping Interest Rates
The President of Ghana John Dramani Mahama has hinted of moves to consider capping interest rates in the country. According ...
Tag: Central Bank
New BoG Rule On Foreign Banks Laudable- Consultant
Some financial observers have lauded moves by the Bank of Ghana(BoG) to bar foreign banks from occupying the Managing Director ...
The Robust Botswanas Economy To GhanasFrail
Ever heard of the currency Pula? Well it’s one of the best performing and valuable currencies in Africa from the ...
Dollar Shortage Stifles Trade In Newly Floated Egyptian Pound
Egypt's pound avoided the sharp drop that many had feared on its first day as a freely traded currency, but ...
How Egypt Currency Crash By 48%
Egypt tried to draw a line under a deep economic crisis Thursday by allowing its currency to float freely. The ...
Apex Bank Cautions Rural Banks Over Unregulated Concentration of Funds
Rural and community banks (RCBs) have been urged to invest in safe government and Bank of Ghana (BOG) instruments to ...
Cedi Stability Requires Export-Driven Boost – Terkper
Finance Minister, Seth Terkper, has acknowledged that despite the cedi’s relative stability this year, stronger measures, beyond the sale of ...
BoG To Announce Economic Capital Before Minimum Capital
Despite reports that the Bank of Ghana(BoG) may compel all banks in the country to meet the new capital requirement ...
Astronomical Interest Rates, Killer of Businesses
One and five Ghana cedis notes. File photo. “Well, I do not think I will be able to go for ...
BoG’s Agric Incentive Facing Criticism
Criticisms have started pouring in at the recently launched GH¢100 million guarantee fund the central bank and other stakeholders launched ...
Of Gold Watches and Autonomy
Ghana's Central Bank, Bank of Ghana, was in the news quite a bit last week. The news was that, its ...
Banks To Raise Cost of Lending
Cost of borrowing is expected to go up in the coming months as some commercial banks are planning to adjust ...
The Left’s Fed Up Makes A Naked Power Grab For Control Of The Fed
The left is undertaking an amazing back door plan to dramatically increase its influence over the Fed’s interest-rate-setting Open Market ...
Kenya Ranked 3rd On Access To Credit In Sub Saharan Africa
Kenya is ranks third in Sub Saharan Africa for access to credit, a survey by the Institute of Chartered Accountants ...
Government To Achieve Local Dollar Bond Target
The transaction is going on very well and the target of between 25 and 50 million dollars will be achieved. ...
Banks Welcome Minimum Capital Revision
Some banks in Ghana have lauded the decision by the central bank to increase the minimum capital requirement of banks. ...
Banks Are Weak
The country’s financial sector remains relatively weak and elementary after more than a century of financial services provision, Kweku Bedu-Addo, ...
Kwesi Botchwey Urges BoG To Do More For Banks
A former finance minister, Professor Kwesi Botchwey, has urged the Bank of Ghana (BoG) to come up with a stable ...
BoG Hasn’t Signed Any Contract For Gold Watches
The Central Bank of Ghana has denied publications that the authorities have signed a contract with a Swiss company to ...
We Haven’t Paid For Gold Watches – BoG
The Bank of Ghana is yet to pay for the 72 Gold watches it intends purchasing for its retiring staff, ...