Ghana’s banking sector is preparing to lower both lending and deposit rates after the Bank of Ghana delivered a second consecutive large easing step in 2025, but bankers warn that …
Monetary Policy Rate
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A renowned economist has raised concerns over the Bank of Ghana’s cut in its Monetary Policy Rate by 350 basis points to 21.5% amid potential inflationary pressures. He posited that …
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Economy and FinanceNewsTechnology
Cedi’s free fall; sharp inflation rise push policy rate to 22%
by Adnan Adamsby Adnan AdamsThis means that cost of credit to households and the private sector would rise steadily in the next couple of months.
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Economy and FinanceNewsTechnology
BoG likely to hike policy rate further
by Adnan Adamsby Adnan AdamsThe Monetary Policy Committee, (MPC) will from this week begin to review the health of the economy and also announce a new policy rate for the next couple of months. …
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Economy and FinanceNewsTechnology
Ghana’s policy rate of 19% second highest in Sub-Saharan Africa
by Adnan Adamsby Adnan AdamsGhana’s policy rate of 19% is the second highest in Sub-Saharan Africa after Angola, Fitch Solutions tracking of 20 countries in the region has revealed.
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Economy and FinanceNewsTechnology
African DFIs tasked to enhance credit rating positions to boost investment
by Adnan Adamsby Adnan AdamsDevelopment Finance Institutions across Africa have been tasked to beef up efforts to enhance credit rating positions to attract more global investments.