Ghana
Ghana: BoG doubles down on crypto cautionary stance; leaves door open for product dev’t, future regulatory framework
The Bank of Ghana (BoG) has reiterated its cautionary stance to institutions it licences as well as the wider public on the use ...
Ghana
Ghana: S&P Global downgrades Ghana to ‘CC’ from ‘CCC-plus’ with default a ‘virtual certainty’
A Reuters report has stated that a rating agency, S&P Global has downgraded Ghana’s long-term local currency bonds to “selective default”. According to ...
Ghana
Ghana: Bank of Ghana upgrades one cedi coin
The Bank of Ghana (BoG) has upgraded the GH₵1 coin with enhanced security features. “The Bank will issue the upgraded GH₵1 coin into ...
Ghana
Ghana records $4.7bn in remittances in 2022, maintains 2nd position in Africa
Ghana maintained its position as the 2ndlargest recipient of remittances in Africa, recording $4.7 billion inflows in 2022. This is 4.4% more than ...
Ghana
Ghana: Moody’s downgrades GCB Bank to Caa3 from Caa2
International ratings agency, Moody’s has downgraded GCB Bank PLC’s (GCB Bank) global long-term local currency deposit ratings to Caa3 from Caa2. Moody’s investors ...
Ghana
Ghana: Mad Rush By Subscribers to Avoid SIM Card Deactivation
Hundreds of subscribers of mobile network operators (MNOs) over the weekend thronged registration centres to avoid having their Subscriber Identification Module (SIM) cards ...
Ghana
Ghana: BoG commends UBA as it opens new business office in Ashiaman
The head of Banking supervision of the Bank of Ghana Osei Gyasi has commended UBA for its contribution to shaping the banking sector ...
Ghana
Ghana: Afriwave Telecom receives an award at 4th National Communications Awards 2022
Ghana’s telecoms industry interconnect clearinghouse (ICH), Afriwave Telecom emerged the Telecom Support Company of the Year at the 4th National Communications Awards 2022. ...
Ghana
Ghana: Ghana to swap Cedi debt for new bonds in restructuring
Ghana is asking local bondholders to accept losses on interest payments as it restructures its debt to qualify for a loan from the ...
Ghana
Ghana: Banking Industry Remains Strong, Profitable Despite Macroeconomic Challenges – Dr Addison
The banking industry remains strong and profitable in spite of the difficult macroeconomic environment, the Governor of the Bank of Ghana (BoG), Dr ...
