Williams Agyapong 10265 posts 0 comments

The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, has described as unacceptable for the Bank of Ghana to allow its balance sheet to be destroyed by Section 30 of the Bank of Ghana Act, which permits the…

The Ghana cedi continued its recent gain against the US dollar, starting the week on a positive note. Checks at the forex bureaus indicate that the local currency gained 10 pesewas early morning of February 6, 2023, to sell at ¢10.40 to…

Fitch Solutions has reiterated that the Ghana cedi will record a strong performance against the US dollar in 2023. According to the UK based firm, this will come on the back of an expected boost in the country’s reserves as a result of…

In the latest revenue generating effort for Elon Musk’s Twitter, the social media giant is reportedly set to make businesses pay $1,000 per month to keep their gold verification check. Social media consultant Matt Navarra first…

The Pensioner Bondholders Forum has begun its planned series of picketing activities at the premises of the Finance Ministry today, Monday, February 6. The pensioners who have bought government bonds planned to embark on this exercise…

The Government of Ghana is not likely to pay a ¢4.185 billion 5-year bond maturing today, February 6, 2023. This is because it has already been included in the 2nd Amended and Restated Exchange Memorandum of the Domestic Debt Exchange…

Holders of Bank accounts have been advised to add payable-on-death (POD) or transfer-on-death (TOD) beneficiaries to their accounts as the simplest way to leave  to heirs any investment in the event of death. Reverend Edward…

1. The Gold for Oil (G4O) Programme is an initiative of the Government of Ghana to use the existing Bank of Ghana (BoG) Domestic Gold Purchase (DGP) Programme to support the import of petroleum products into Ghana. 2. The prime objective…

Ghana plans to convert an estimated 40 billion cedis ($3.3 billion) of loans owed to the Bank of Ghana into bonds, making the Central Bank the single largest holder of domestic government securities and exposing it to the ongoing debt…

The MTN Group has said it remains confident in the Ghanaian economy and its future prospects and therefore maintains its planned investment and developmental initiatives in the country over the medium-term to drive digital and financial…