By Adnan Adams Mohammed In a decisive regulatory intervention designed to insulate the domestic currency from building macroeconomic shocks, the Bank of Ghana (BoG) is adjusting its Cash Reserve Ratio …
Dr. Johnson Pandit Asiama
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Economy and Finance
BoG rejects artificial market intervention …focuses on reserve accumulation to anchor cedi and check volatility
by Adnan Adamsby Adnan AdamsThe Bank of Ghana (BoG) has firmly ruled out executing artificial or heavy-handed interventions in the foreign exchange market to manage recent demand pressures on the local currency. Instead, the …
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Business, Small BusinessEconomy and Finance
BoG rallies for unified financial markets to fuel digital future …as Africa economy tipped to maintain steady growth through 2028
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed Emerging from a series of global macroeconomic shocks, the African continent is projected to maintain a resilient and steady economic growth trajectory from 2026 through 2028. …
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Economy and Finance
BoG orders banks to chase defaulters on ‘written-off loans’ …to avoid ‘moral hazard’
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Bank of Ghana (BoG) has directed commercial banks to aggressively pursue borrowers of fully provisioned loans, warning that completely erasing bad debts from their books …
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Business, Small Business
MoMo transactions hit GH¢493.2 billion as BoG and agents push for safety amid aggressive expansion
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed Ghana’s digital financial ecosystem has shattered previous records, with mobile money (MoMo) transaction values soaring to an unprecedented GH¢493.2 billion. The staggering figure represents a massive …
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Business, Small BusinessEconomy and Finance
BoG set to license first Non-Interest Bank soon …as two industry experts are appointed to NIFAC
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Bank of Ghana (BoG) is set to issue its first operational license for a non-interest banking institution before the end of 2026. The milestone follows …
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Economy and Finance
IMF signals optimism for Ghana amid lingering financial headwinds
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed As Ghana prepares to transition into a post-programme era with the International Monetary Fund (IMF), the global lender is painting a picture of cautious optimism. While …