Tag: Bank of Ghana
Revocation Of Ideal Finance’s Licence By BOG Overturned By Court
The High Court (Human Rights Division) has quashed the Bank of Ghana’s (BoG) revocation of the operating licence of Ideal Finance Limited.
The ruling, which...
BoG To Audit Remittance Transactions
The Bank of Ghana (BoG) has commenced an audit of remittance activities covering the fourth quarter of last year, from October 1 to December...
Minority Threatens To Petition IMF Over Dropped Charges Against BoG Acting...
The Minority in Parliament has strongly criticised President John Dramani Mahama for allowing the discontinuation of criminal charges against Dr Johnson Pandit Asiamah, the...
Ghana’s Debt Declined To GH¢761.0Bn In Nov – BoG
The Bank of Ghana (BoG) has disclosed that the country’s total public debt fell by GH¢24.1 billion month-on-month to GH¢761.0 billion in November 2024.
The...
GN Bank’s Capital Was Undervalued Deliberately To Collapse It – Dr....
The Bank of Ghana during the banking sector clean-up exercise in 2017 significantly increased the capital requirements for banks, compelling them to shore up...
NDC Plans Another #OccupyBoGProtest On July 30
The Minority caucus in Parliament has hinted at plans to stage a second protest to demand the removal of the Governor of the Bank...
IMF Deal Secured With DDEP – BoG
The Bank of Ghana (BoG) has clarified that securing a bailout from the International Monetary Fund (IMF) would have been challenging without the implementation...
BoG Gives Money To Gov’t To Waste; We Pay High Taxes...
The Chief Executive Officer of Dalex Finance Company, Ken Thompson, has stated that the current depreciation of the cedi and inflation being experienced are...
Ghana’s Foreign Exchange Reserves Now $6.2Bn
The Bank of Ghana (BoG) has indicated that its foreign exchange reserves have remained steady and estimated at $6.2 billion as of April 5,...
Inflation To Decline Between 13-17% By December 2024 – BoG
The Bank of Ghana is forecasting a further decline in headline inflation to between 13 – 17% by the end of 2024, before gradually...
