Tag: bank of ghana
BoG Governor: Strong buffers in place, cedi set to appreciate soon
The Bank of Ghana (BoG) is strengthening its foreign reserves to help stabilize the cedi amidst its recent depreciation against major currencies, with demand...
IEA advocates extended term for Bank of Ghana governor to ensure...
In an effort to strengthen Ghana’s economic stability, the Institute of Economic Affairs (IEA) is advocating for significant amendments to the Bank of Ghana...
Supreme Court upholds Bank of Ghana’s revocation of UniCredit Ghana Ltd.’s...
Ghana's Supreme Court has unanimously ruled that the Bank of Ghana (BoG) acted correctly when revoking UniCredit Ghana Limited's licence.
On August 16, 2019, the...
Bank of Ghana denies allegations of missing $8bn in remittances
The Bank of Ghana (BoG) has categorically refuted claims that newly licensed Money Transfer Operators (MTOs) and 11 fintech companies have withheld $8bn over...
Bank of Ghana suspends forex licences of GT Bank, FBN Bank...
The Bank of Ghana (BoG) has temporarily suspended the forex licences of Guaranty Trust Bank Ghana Limited and FBN Bank Ghana Limited due to...
Bank of Ghana suspends forex licence of Zeepay
The Bank of Ghana (BoG) has suspended the forex licence of a wholly Ghanaian owned fin-tech Zeepay Ghana Limited for breaching the West African...
Ghana Central Bank halts operations of eight unapproved money transfer organizations
Ghana’s central bank has taken decisive action by shutting down the operations of eight money transfer organizations (MTOs) for providing remittance services without regulatory...
Ghana makes temporary savings of $2bn following freeze on external debt...
Ghana made temporary savings of $2bn between January to September 2023, following its decision to unilaterally suspend all external debt servicing in December 2022...
I won’t resign – BoG governor Addison tells NDC “hooligans”
The Governor of the Bank of Ghana Ernest Addison has said he is not going to bow to pressure from the National Democratic Congress...
Accra court commences trial for bloggers linked to ‘panic withdrawal’ story
An Accra Circuit Court has commenced the trial of two suspects whose activities allegedly caused panic among dollar account holders to withdraw their savings...
