He said this last week, when he commissioned The Bank Square, the magnificent new headquarters of the Bank of Ghana, located in the heart of Accra.
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Economy and Finance
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Economy and FinanceNews
Ghana to exit debt default by mid-2025 – Fitch
by Adnan Adamsby Adnan AdamsThe projection is based on expectations of the Ghana finalizing its external debt restructuring by the end of June 2025.
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Economy and FinanceNews
BoG suspends Taptap Send partnership over regulatory breach
by Adnan Adamsby Adnan AdamsAccording to BoG, the suspension stems from Taptap Send’s operation of a Cedi Remittance Wallet, a service the central bank contends violates Ghana’s Foreign Exchange Act.
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Economy and FinanceNews
BOST clears GHC384 debt, boosts revenue streams
by Adnan Adamsby Adnan AdamsRepaying our debts while enhancing operations underscores our commitment to financial transparency and growth,” Mr Provencal said
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Economy and FinanceNewsTechnology
BoG stiffens financial sector compliance with new outsourcing directives
by Adnan Adamsby Adnan AdamsThe directive underscores the Bank of Ghana’s commitment to preserving the integrity of the country’s financial system by prohibiting the outsourcing of strategic functions.
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Economy and FinanceNews
Salary payment may delays amid leadership deadlock in Parliament – Afenyo Markin hints
by Adnan Adamsby Adnan AdamsThis delay, he warned, could jeopardize the timely payment of salaries to public workers.
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Economy and FinanceMining & EnergyNews
Newmont declares $0.25 per-share Q3 dividend
by Adnan Adamsby Adnan AdamsNewmont Corporation has declared a third-quarter dividend of $0.25 per share. Concerning its third quarter 2024 results, Newmont President and CEO Tom Palmer said: “In the third quarter, Newmont …
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Economy and FinanceNews
MTN Ghana bags ₵12.7bn service revenue despite economic headwinds
by Adnan Adamsby Adnan AdamsDespite economic headwinds, MTN Ghana achieved a 32% year-on-year rise in service revenue, reaching GH₵12.7 billion, propelled by robust growth in data and Mobile Money (MoMo) services.
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Economy and FinanceNews
BoG’s gold coin effectiveness to tackle Ghana’s dollarised economy critiqued
by Adnan Adamsby Adnan AdamsOffering the GGC as an alternative asset to the dollar seems to be an admission of failure to deal with the real problems facing the economy, which drives Ghanaians to …
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Economy and FinanceNews
myCreditScore launched; aimed to boost financial inclusion in Ghana – Bawumia says
by Adnan Adamsby Adnan AdamsDr Bawumia, who spearheaded the project, highlighted myCreditScore as a critical tool for addressing long-standing challenges in lending.