Tag: bank of ghana
Bank of Ghana raises policy rate to 22% amidst soaring inflation
The Bank of Ghana (BoG) has raised the policy rate by 300 basis points (bp) to 22 per cent in a historic move meant...
Ghana development bank to support small businesses with US$600 million
The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Tuesday, 14th June 2022, launched formally the Development Bank Ghana, which will help spearhead...
Ghana’s central bank cautions against foreign currency transactions
Ghana's central bank has cautioned against the use of foreign currencies to transact business within the country, as well as engaging in foreign exchange...
Bank of Ghana raises policy rate to 17%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) on Monday (21 March 2022) raised the policy rate by 250 basis points...
Bawumia is the kind of leader Africa needs – Sanusi Lamido
The former governor of the Central Bank of Nigeria and Emir of Kano, Mohammed Sanusi Lamido II has extolled the leadership qualities of the...
BoG to stop printing GHC1 and GHC2 notes
Ghana's central bank has served notice that it would phase out the GHC1 and GHC2 notes in circulation.
The Governor of the Bank of Ghana,...
Why is the media silent on Bank of Ghana’s success in...
The deafening silence of some media platforms on the ‘good news’ about this government is extremely worrying.
While some media outlets are playing their roles...
Bank of Ghana wins arbitration against Sibton Switch Systems
A tribunal constituted under the auspices of the London International Court of Arbitration (LCIA) has issued an award in favour of the Bank of...
Ghana signs deal with German firm to rollout digital currency
The Bank of Ghana has partnered Giesecke+Devrient (G+D) to pilot a general purpose Central Bank Digital Currency (retail CBDC) in Ghana.
G+D is providing the technology and developing the...
Bank of Ghana to begin digital cedi pilot in September
The Bank of Ghana (BoG) will begin a pilot of the digital cedi in a sandbox environment in September, the First Deputy Governor of...
