Cumulatively, the number of jobs advertised in the first two months of 2022 decreased by 4.4 percent to 5,370 from 5,618 recorded in the corresponding period of 2021. The year-on-year …
Bank of Ghana
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Economy and FinanceTechnology
BoG prepares to export Doré gold next month
by Adnan Adamsby Adnan AdamsWe are quite sure that, in the next month or two, we would be able to export the Doré gold that we have acquired and once that is refined, it …
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Economy and FinanceNewsTechnology
Govt to borrow GHC24.6b for 2nd quarter
by Adnan Adamsby Adnan AdamsOf the GH¢24.696 billion, GHȼ20.102 billion would be used to rollover maturities, while the remaining GH¢4.593 billion which is fresh issuance, would be used to meet Government’s financing requirements
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LifestyleNewsTechnology
CBG rejects Ghana Card for financial transactions
by Adnan Adamsby Adnan AdamsThe Consolidated Bank Ghana, (CBG), has continued to reject the Ghana Card as a medium of identity for customers who want to use it for financial transactions.
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Agric and EnvironmentEconomy and FinanceNewsTechnology
Inflation returns to target band in March 2023
by Adnan Adamsby Adnan AdamsThe Bank of Ghana’s latest forecast still depicts an elevated inflation profile in the near term, with inflation falling within the medium-term target band within a year.
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Agric and EnvironmentEconomy and FinanceNewsTechnology
BoG surveys reveal business confidence declining
by Adnan Adamsby Adnan AdamsThese survey findings were broadly in line with observed trends in the February 2022 Ghana Purchasing Managers Index (PMI). The Ghana PMI, which is a measure of the rate of …
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Economy and FinanceNewsTechnology
Banks record GHC1.3b profit…for 1st two months of 2022
by Adnan Adamsby Adnan AdamsDevelopments in the banking sector over the first two months of 2022 show continued strong asset growth. Total assets stood at GH¢187.8 billion in February 2022, representing 23.5 percent annual …
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Economy and FinanceNewsTechnology
Rating agencies downgrades put ‘badly affected’ the cedi – BoG
by Adnan Adamsby Adnan AdamsThe Sovereign credit rating downgrades of Ghana by Fitch and Moody’s led to “widened yield spreads on both cedi-denominated government of Ghana bonds and the country’s Eurobonds”, the Bank of …
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Economy and FinanceNewsTechnology
Cedi to gain strength this week… as MPC decisions take full effect – Analyst
by Adnan Adamsby Adnan AdamsThe senior economist with databank indicated that, checks from some forex bureaus and commercial banks show that the cedi is gaining marginal strength against the dollar as at the time …
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Economy and FinanceLifestyleNewsTechnology
Ghana Deploys Hardware Wallets for CBDC – ‘eCedi’
by Adnan Adamsby Adnan AdamsBank of Ghana (BoG) has proposed using hardware wallets for its central bank digital currency (CBDC) dubbed ‘eCedi.’ The bank intends to make eCedi available for those who do not …