Bank of Ghana

Banks make huge profits

Majority of the 23 banks that met the Bank of Ghana’s recapitalization requirement of GH₵400 million, made huge profits in…

Cedi woes may trigger ‘big’ problems; it’s time for national economic conversation – Nii Moi Thompson

A renowned economist, Dr Nii Moi Thompson has suggested that the continuous depreciation of the cedi witnessed since December could…

BoG to inject $800m into reserves efforts to stabilise cedi

The Bank of Ghana (BoG) says it will add a minimum of $800 million to the country’s reserves this month…

Defunct Heritage, Premium branches shutdown; staff sent home

The Receiver for Consolidated Bank Ghana (CBG), Pricewater house Coopers, has closed down some bank branches of the defunct Heritage…

What the hell is going on? – Franklin Cudjoe on cedi depreciation

Founding President of policy think tank, IMANI Africa, Franklin Cudjoe has expressed shock at the perennial sharp depreciation of the…

Gold Coast has paid nearly GHC60 million to customers – Dr. Nduom

The Gold Coast Fund Management (GCFM) has paid almost GHC60 million to customers, President of the company, Dr. Papa Kwesi…

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