Zimbabwe’s central bank says it will start selling gold coins later this month as a way to protect people against spiralling inflation. Central Bank Governor John Mangudya said the 22-carat... Read more

Dr. Ernest Addison has encouraged all financial institutions in Ghana to collaborate and take advantage of the opportunities offered through Africa Continental Free Trade Area (AfCFTA) to bo... Read more

President Nana Akufo-Addo has reappointed the second deputy governor of Bank of Ghana, Mrs Elsie Addo Awadzi, for a second-term, effective 14 February 2022. Awadzi has over 25... Read more

The CEO of Afb Ghana, operators of Qwikloan services on MTN has forewarned that the services will be unavailable if the proposed electronic transaction levy (e-levy) is implemented in its cu... Read more

A 27-year-old Mobile Banker with the Kwaebibirim Rural Bank in Boadua branch, Gideon Osei Bonsu has been slapped with 35 stealing charges and sentenced to nine years and two months in hard l... Read more

Barclays chief executive Jes Staley has stepped down following an investigation into how he described his links with sex offender Jeffrey Epstein. The UK financial watchdog and the Bank of E... Read more

The Monetary Policy Committee (MPC) of the Bank of Ghana has kept the policy rate unchanged at 13.5 percent, saying the risk to inflation and growth were broadly balanced. The policy rate is... Read more

Cumulatively, available data as of September 22, 2021, shows that the Ghana Cedi recorded a depreciation of 1.8 percent against the US dollar, compared with a depreciation of 3.0 percent for... Read more

The stock of public debt increased to 76.4 percent of GDP (GH¢335.9 billion) at the end of July 2021, compared with 76.0 percent of GDP (GH¢291.6 billion) at the end of December 2020, accord... Read more

Governor of the Bank of Ghana, Dr. Ernest Addison has stated categorically that both the GHC1 and GHC2 notes will soon be phased out. According to him, the reason is that “Both the GHC1 note... Read more

The World Bank Country Director for Ghana, Liberia, and Sierra Leone, Mr. Pierre Laporte has said that the government should have made adequate arrangements to transfer staff of the collapse... Read more

Government has retreated the need for the financial sector cleanup was the best way to save the collapsing banking sector when the New Patriotic Party took office in 2017. President Akufo-Ad... Read more

The Bank of Ghana kept its monetary policy rate at an eight-year low of 14.5% during its November meeting, compared to 25.50% in 2016. The rate has been maintained since May 2020. The decisi... Read more

Mr. John Kofi Adomakoh has been appointed the new Managing Director of Ghana Commercial Bank (GCB). He was appointed by the Board of GCB Bank Limited. His appointment takes effect from Novem... Read more