Banking and Finance
Treasury Bill Auction Crashes Short: 8.2% Undersubscription Signals Deep Investor Jitters as Rates Keep Soaring
Ghana’s latest treasury bill auction has recorded an 8.2 percent undersubscription, with investors offering far less than the government targeted even as interest rates continued their upward climb. Data released…
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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
Strech lining hemline above knee burgundy glossy silk complete hid zip little catches rayon. Tunic…
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 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…
Ghana cedi is world’s best-performing currency – Mahama tells investors in Japan
President John Mahama has declared that the Ghanaian cedi is the best-performing currency in the world this year, as he…
6 banks will merge or be acquired by well-capitalised banks – Fitch
Fitch Ratings estimates that six banks operating in Ghana are unlikely to achieve capital compliance through internal capital generation alone.…
World Bank cautions BoG on excessive FX Interventions, calls for banking sector reforms
The World Bank has urged the Bank of Ghana (BoG) to avoid excessive foreign exchange (FX) interventions, warning that such…
Domestic Gold Purchase Programme has helped stabilise cedi, ease inflation – First Deputy Governor
First Deputy Governor of the Bank of Ghana, Dr Zakari Mumuni, says the Central Bank’s Gold Purchase Programme has been…