Adnan Adams Mohammed The International Police (Interpol) has estimated that, the cost of cybercrime across Africa is in excess of US$4.0 billion annually. This is evident locally as the Bank …
central bank
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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
Forex Auction: BDCs gets $40mn monthly till year end
by Adnan Adamsby Adnan AdamsAccording to the calendar, the Central Bank will auction $20 million to the BDCs twice in October.
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Economy and FinanceNews
Payment Service Provider fraud cases up 20% – BoG report.
by Adnan Adamsby Adnan AdamsThe report noted that the month of December 2023 saw the highest loss value for the year 2023
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Economy and FinanceNews
Fitch pegs unemployment rate at 4% for the next 3years ahead.
by Adnan Adamsby Adnan AdamsUnemployment conditions in Ghana has been on steady rise since 2017 and is anticipated to continue along this trajectory in the medium term and beyond.
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Economy and FinanceNews
World Bank touts Ghana’s inflation fight mechanism .
by Adnan Adamsby Adnan Adams“This contributed to pursuing tight monetary policy, raising reserve ratios, and implementing a fiscal reform program that helped to reduce year- on-year inflation from 54 percent in December 2022 to …
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Economy and FinanceFeaturesNews
Cedi stability: confident low as depreciation surges over 13%.
by Adnan Adamsby Adnan AdamsKey stakeholders of forex trade are sceptical as to how soon the cedi will strengthen against the major international trading currencies (US dollar, Euro and Pounds Sterling) as current rate …