Banking and Finance
AGI pushes for further rate cuts to unlock cheaper credit for industry
The Association of Ghana Industries (AGI) is projecting improved access to credit on the back of easing macroeconomic pressures, citing a decline in inflation to 5.4% and relative stability in…
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REJOINDER: All the ‘Fix the Party First’ Rantings and Matters Arising
Context:Amidst growing calls within the New Patriotic Party (NPP) to delay the upcoming Delegates’ Conference…
Finance Minister pledges import restrictions to boost local industry
The Minister of Finance, Dr Cassiel Ato Forson, has pledged to spearhead a new policy…
Ngurah Rai International Airport To Close For 24 Hours For Nyepi
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The Chinese smartphone upstarts taking on Apple and Samsung
Dropcap the popularization of the “ideal measure” has led to advice such as “Increase font…
Latest Banking and Finance
BoG Rate on Thursday: Cedi buys at 11.0445 to a Dollar, sells at 11.0555
The recent marginal depreciation of the Cedi has raised concerns among the trading public. This matter has led to the…
Cedi’s current pressure is a short-term blip; things will normalise soon – BoG Governor assures
The governor of the Bank of Ghana (BoG), Dr Johnson Asiama, has described the current pressure on the cedi as…
BoG directs mining firms to redirect FX inflows to commercial banks
The Bank of Ghana (BoG) has directed mining firms to channel their foreign exchange inflows through commercial banks, rather than…
BoG Governor defends regulatory guidelines on importation and exportation of foreign currencies
Bank of Ghana (BoG) Governor, Dr Johnson Asiama, has justified the Central Bank’s recent regulatory guidelines on the importation and…
BoG amends Forex rules, sets new limits for travellers and traders
The Bank of Ghana (BoG) has announced new amendments to its guidelines governing the importation and exportation of foreign currency…
BoG scales back size, frequency of dollar intervention
The Bank of Ghana has scaled back its size and frequency of foreign exchange intervention in the forex market. The…
Prof. Bokpin cautions against fixation on exchange rate
An economist at the University of Ghana, Professor Godfred Bokpin, has cautioned that Ghana’s growing fixation on the cedi’s exchange…
Economist Cautions Against Scrapping Minimum Capital Requirement for Foreign Investors
Finance and Economics Professor, Godfred Bokpin, has urged government to tread carefully in its plans to scrap the minimum capital…