Ghana cuts policy rate to 18% to translate disinflation gains achieved so far
Bank of Ghana on Tuesday slashed its policy rate by 200 basis points to 18 per cent from 20 per cent. Governor of the central bank, Dr. Ernest Addison, who announced the rate cut at a press conference in Accra,…
Multiple ID system hindering effective credit delivery –Ghanaian expert
At a time the Director General of National Identity Management Commission (NIMC), Engineer Aliyu Aziz had been crusading the need for all Nigerian to go and register for his or her National Identity Number (NIN); a lead to national ID…
Govt., Ghanaian banks on collusion course over planned takeoff of TSA
Whereas the Ghanaian Vice-President, Dr Mahamudu Bawumia, has reaffirmed the stand of the government, saying “No turning back on Treasury Single Account (TSA) implementation,” Money Deposit Banks (MDBs) operating in the economy has raised issues of fears, saying the policy…
Cleric calls on Bank of Ghana to investigate spiritualists multiplying local currencies
Considering the observed unprecedented show of money multiplication powers on several TV stations in Ghana by some spiritualists, a leading cleric and Chairperson of the Upper Presbytery, Reverend Emmanuel Atami has raised alarm calling on the Bank of Ghana (BoG)…
