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Ghana’s debt stock hits Ghc236.1bn in 2020 Q1

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The debt stock of Ghana for the first quarter of 2020 is GhC236.1 billion, according to the Bank of Ghana. This means that the country’s...

BoG Hospital is Mahama’s legacy, ignore Baako’s lies – Sammy Gyamfi

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Folks, kindly ignore the claim by our senior brother, Abdul Malik Kweku Baako, that the Bank of Ghana (BOG) Hospital, has got nothing to...

Covid-19: MTN MoMo Rolls Out Transaction Revision Incentives

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Telecommunication giant, MTN Ghana on Friday began implementing incentives approved by the Bank of Ghana to enable customers adopt mobile money (MoMo) for financial transactions. These incentives aimed at...

Covid-19: No panic withdrawal – BoG to Ghanaians

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The Central bank has advised Ghanaians to desist from panic withdrawal in the wake of the coronavirus disease. According to the Bank of Ghana,...

FIVE-POINTER: The Biggest ‘victims’ of Ghana’s financial reform

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Ghana's financial sector may have been left sanitized by the cleansing work being carried out by the relevant regulatory bodies, the Bank of Ghana...

Bank of Ghana records GHS793m loss in 2018

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The Bank of Ghana (BoG) last year recorded a loss of GHS793 million resulting from its operations, the bank’s 2018 Annual Report, has shown. The...

Ghana’s total debt stock hits GHS200 billion

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Ghana's total debt stock has now hit GHS200 billion as at the end of May 2019.  This was contained in the Bank of Ghana’s summary of...

Ghana’s Central Bank fines Barclays Gh¢4.5m

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The Central Bank of Ghana has fined Barclays Bank Ghana an amount of GH¢4,579,256.36 for “making frivolous quotes” on Ghana’s Interbank Foreign Exchange Market. “This action...

BoG appoints receiver for collapsed microfinance companies

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The Bank of Ghana (BoG) has appointed Eric Nana Nipah, a Director of PricewaterhouseCoopers (Ghana) Limited (“PwC”) as Receiver for the purposes of winding...

Ghana’s Central Bank revokes licenses of 29 insolvent microcredit companies

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The Bank of Ghana has revoked the licences of 29 insolvent microcredit companies. The regulator has also revoked the licences of 10 insolvent microcredit companies that have...
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