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The Ghanaian cedi has appreciated to GH¢16.10 against the US dollar. The Central Bank reports a buying price of GH¢15.53 and a selling price of GH¢15.54. The British pound and …
Ghanaian Cedi Rises to GH¢16.10 Against US Dollar Read More
Finance Minister Dr. Cassiel Ato Forson rejected calls for taxpayer funds to bail out the Bank of Ghana, urging the Bank to seek internal solutions for its ¢53 billion recapitalization. …
Finance Minister Rejects Taxpayer Bailout for Bank of Ghana, Urges Internal Solutions Read More
Dr. Cassiel Ato Forson, Ghana’s Minister of Finance, announced that taxpayer money will not be used to recapitalize the Bank of Ghana amid its financial troubles, stemming from a GH¢53 …
Dr. Ato Forson Rejects GH¢53 Billion Bailout for Bank of Ghana Read More
Flutterwave has received approval from the Bank of Ghana to provide inward remittance services, enhancing secure and cost-effective cross-border payments for Ghanaians. This aligns with the rapidly evolving fintech environment …
Flutterwave Secures Approval from Bank of Ghana for Inward Remittance Services Read More
Flutterwave secures approval for remittance services in Ghana, enhancing financial inclusion. South Africa is exploring e-voting as a potential electoral improvement. Elon Musk blames Ukraine for a cyberattack on X, …
Flutterwave Gains Momentum in Ghana; E-Voting and Cybersecurity Challenges Unfold Read More
Ghana’s Finance Minister states that the Bank of Ghana requires a GHS53 billion bailout due to negative equity. Additionally, total central government arrears have reached GHS67.5 billion, heavily impacting the …
Bank of Ghana Seeks GHS53 Billion Bailout Amid Fiscal Challenges Read More
The Bank of Ghana is seeking a GHC 53 billion bailout to address its negative equity concerns, primarily resulting from significant losses incurred in 2022. Finance Minister Dr. Ato Forson …
Bank of Ghana Requests GHC 53 Billion Bailout to Correct Negative Equity Crisis Read More
Tax expert Geoffrey Kabutey Ocansey has criticized the $261.8 million cost of the new Bank of Ghana headquarters, calling it a wasteful expenditure. He argues that it is imprudent for …
Tax Expert Critiques $261.8 Million Bank of Ghana Headquarters Cost Read More
Ghana adopted cedi notes and pesewa coins in 1965 following independence from British rule. The transition from the British monetary system began in 1957, reflecting a move to decimal currency. …
Sankofa Series: Evolution of Ghana’s Currency from Cowries to Cedis Read More
Ghana’s Treasury bill rates fell below 20% for the first time in 20 months, with current rates at 17.72% (91-day), 18.97% (182-day), and 19.98% (364-day). This shift reflects the government’s …
Ghana’s Treasury Bill Rates Drop Below 20% for First Time in 20 Months Read More