By Elham Salifu The Bank of Ghana (BoG) has pledged complete fiscal transparency regarding the financial outlay for its upcoming currency overhaul, assuring the public that every cedi spent …
Monetary Policy Committee (MPC)
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Business, Small BusinessEconomy and FinanceFinanceMining & EnergyNews
BoG outlines strategic ‘Hedging and Value-Addition Drive’ to safeguard external sector
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Bank of Ghana is sharpening its focus on structural buffers, portfolio diversification, and financial risk instruments to shield the country’s external sector from persistent …
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Business, Small BusinessEconomy and FinanceMining & EnergyNews
MPC engagement highlights structural reforms to shield economy from global price swings
by Adnan Adamsby Adnan AdamsSpeaking during the Bank of Ghana’s Monetary Policy Committee (MPC) press briefing, Central Bank Governor Dr. Johnson Asiama responded to questions from Investor News Guide Managing Editor Adnan Adams Mohammed, …
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Business, Small BusinessEconomy and FinanceNews
Rising energy costs and reserve dip threaten Ghana’s post-crisis growth
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed Rising global energy prices and a decline in foreign reserves are threatening to test Ghana’s economic momentum as central bank officials gather to review interest …
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Business, Small BusinessEconomy and FinanceNews
Ghana breaks into $100bn club as annual growth surges to 6%
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed Ghana has officially entered a new economic era as robust macroeconomic performance propelled the country’s total Gross Domestic Product (GDP) past the $100 billion threshold, …
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Business, Small BusinessEconomy and FinanceNews
Policy Rate held at 14% … amid rising global energy pressures and robust domestic growth
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Monetary Policy Committee (MPC) of the Bank of Ghana has unanimously voted to maintain the Monetary Policy Rate at 14.0%, citing the need to …
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Business, Small BusinessEconomy and FinanceNews
BoG to sell remaining ADB and NIB shares, clamp down on currency abuse
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Bank of Ghana (BoG) has taken a decisive stance to fully divest its residual holdings in commercial banks, including the Agricultural Development Bank (ADB) …
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Business, Small BusinessEconomy and FinanceNews
Falling global oil risks open critical policy space for Central Bank’s disinflation agenda – Dr Asiama
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has indicated that the recent de-escalation of geopolitical risks in the Middle East could significantly …
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Business, Small BusinessEconomy and FinanceNews
Economy surges past US$100bn as gov’t rules out future IMF bailouts
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed In a historic turning point for West Africa’s second-largest economy, Finance Minister Dr. Cassiel Ato Forson has declared that Ghana has officially transitioned from an International …
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Business, Small BusinessEconomy and FinanceNews
BoG’s dynamic CRR is a liquidity management upgrade
by Adnan Adamsby Adnan AdamsThe decision by the Bank of Ghana as announced last week, to introduce a 20 percent dynamic Cash Reserve Ratio (CRR) framework for commercial banks marks one of the most …