Ghana
Ghana: More than $5 million expected in remittances in 2023 to ease forex pressure – Darryl Abraham
The pressure on Ghana’s forex is expected to ease, with an expected $5 billion in remittances for 2023, following a $4.7 billion inflow ...
Ghana
Ghana: Policy rate to hit 29% in 2023; cost of loans to further escalate – Fitch Solutions
Fitch Solutions is projecting a further monetary tightening by the Bank of Ghana [BOG] in 2023. According to the UK based research and ...
Ghana
Ghana makes concerted efforts to check money laundering – BOG
The Bank of Ghana says Ghana has made concerted efforts to check money laundering and terrorism financing crimes. This is coming after it ...
Ghana
Ghana: BoG increases mobile money transaction limit
The Bank of Ghana (BoG) has increased mobile money transaction and wallet limits. The Bank in a statement issued on December 22, 2022, ...
Ghana
Ghana: Mobile money remains critical tool for financial inclusion drive in Ghana – Survey
Mobile Money remains a critical driver of Ghana’s financial inclusion drive, according to a new survey, by the Ministry of Finance and some ...
Ghana
Ghana: Financial inclusion has seen significant growth
Ghana’s financial inclusion has seen significant growth in recent years, according to the 2021 Financial Services Demand-Side Survey Report. The survey found that ...
Ghana
Ghana: Government is creating a startup legislation to cushion ICT sector- Communications Minister
The Minister for Communication and Digitalization Ursula Owusu Ekuful has indicated that government is developing a startup legislation to ensure the development of ...
Ghana
Ghana: Parliament approves reduction of E-levy rate to 1%, rejects removal of GH₵100 threshold
Parliament has approved an amendment to the Electronic Transaction Levy (E-levy) Act on Wednesday, December 21, 2022. Government during the presentation of the ...
Ghana
Ghana: S&P downgrades Ghana to further default status after Eurobond payment suspension
S&P Global Ratings has cut Ghana to default following the country’s announcement of a suspension of debt payments. According to a Bloomberg report, ...
Ghana
Ghana: Banks’ capital adequacy ratio falls due to investment losses – BoG
The Capital Adequacy Ratio (CAR) of banks fell to 14.2% in October 2022 due to investment losses by some banks as a result ...
