Banking and Finance
IMF Sets End-2025 Deadline for Ghana’s State-Owned Banks Recapitalisation
ACCRA — The International Monetary Fund (IMF) has mandated that Ghana complete the recapitalisation of its state-owned banks by the end of 2025, as part of a broader strategy to…
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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…
Dr. Matthew Opoku Prempeh Returns to Harvard as Faculty Member for Ministerial Leadership Program
Accra, Ghana — Dr. Matthew Opoku Prempeh, former Minister of Energy/ education and two-term Member…
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…
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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…
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…