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Business
Value Of Momo Transactions Records A Sharp Decline For The First Time In 2023

Value Of Momo Transactions Records A Sharp Decline For The First Time In 2023

Latest data released by the Bank of Ghana has revealed that the value of Mobile Money transactions for April 2023 recorded a sharp decline. According to the May 2023 Summary of Economic and Financial Data

Health
Management of Korle Bu Express Gratitude To Dr. Bawumia, Bank Of Ghana For $1M Catherization Lab

Management of Korle Bu Express Gratitude To Dr. Bawumia, Bank Of Ghana For $1M Catherization Lab

The Board, Management and staff of the Korle Bu Teaching Hospital have expressed their gratitude to the Vice President, Dr Mahamudu Bawumia, and leadership of the Bank of Ghana, for the various roles they played

News
Sheer waste of public funds – Kwesi Pratt blasts BoG over the advertisement of honorary awards in newspapers

Sheer waste of public funds – Kwesi Pratt blasts BoG over the advertisement of honorary awards in newspapers

A leading member of the Fourth Estate of the Realm Kwesi Pratt Jnr. has lashed out at the Bank of Ghana, for what he describes as wasting public funds to advertise their honor from the

Politics
There Is No Political Will In Government To Punish Wrongdoing – Kwabena Agyepong

There Is No Political Will In Government To Punish Wrongdoing – Kwabena Agyepong

Former General Secretary of the New Patriotic Party, Ing. Kwabena Agyei Agyepong has observed that the current difficulties the country is experiencing can be partly blamed on the lack of political will of government to

Business
BoG increases Monetary Policy rate to 28%

BoG increases Monetary Policy rate to 28%

The Bank of Ghana's Monetary Policy Committee raised the policy rate from 27 percent to 28 percent, a rise of 100 basis points. This is a component of the central bank's actions to combat the

Economy
Cedi fell by 19.1% to dollar in January 2023 – BoG

Cedi fell by 19.1% to dollar in January 2023 – BoG

In the first month of 2023, the Ghana cedi fell by 19.1% against the US dollar. According to the Bank of Ghana's January 2023 Summary of Economic and Financial Data, the cedi sold on the

Business
Bank of Ghana raises Mobile Money transaction limit

Bank of Ghana raises Mobile Money transaction limit

The Bank of Ghana has revised the limits on mobile money transactions in the country. In a public notice issued by the central bank on Thursday, 23 December 2022, the Bank of Ghana explained that

News
Reports about a fire outbreak at Bank of Ghana untrue – BoG

Reports about a fire outbreak at Bank of Ghana untrue – BoG

The Bank of Ghana has rubbished claims circulating on social media about the Bank being gutted in a fire. In a post today, Thursday, December 8, 2022, on FaceBook, the bank said it decided to

Business
FULL TEXT: BoG increases policy rate by 250 basis points to 27.0 percent

FULL TEXT: BoG increases policy rate by 250 basis points to 27.0 percent

Good morning, Ladies and Gentlemen of the Media and welcome to the press briefing after the 109th Monetary Policy Committee (MPC) meetings which took place last week. The Committee deliberated on recent macroeconomic developments and

Business
Shops in Accra close down over high cost of living

Shops in Accra close down over high cost of living

Many shops in Accra have closed down in support of a protest by the Ghana Union of Traders Association (GUTA) over the high cost of living in the country. While most of the traders joined