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Daily: 0.30p | Weekly: GHS 2 | Monthly: GHs 9
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Banking shareholders’ funds contract by 20.15% to ¢21.1bn
Banks investments contract to ¢83.3 billion in April 2023 due to DDEP – BoG
Desist from 97 unlicensed entities providing loans through mobile applications – BoG warns
Banks wrote off ¢1.08bn as bad loans in 4 months of 2023; NPLs reach ¢13.1bn
Real sector activities in quarter one mixed; labour demand falls – BoG
Cocoa prices bullish in first four months of 2023 – BoG
T-bills auction: Government set to borrow ambitious ¢3.80bn this week
T-bills auction: Interest rates rise to 27.8%; government records 6.4% oversubscription of target
External debt suspension helped current account balance into surplus
T-bills: Government borrowed ¢11.26bn in May 2023
Cedi depreciation against dollar slows down; may record mixed performance this week
Banking sector faces rising risk to asset quality, capital buffers – Report
Growth of currency outside banks remains same in four months of 2023
BoG to commence monetary policy easing in quarter 4; inflation to fall further – Fitch Solutions
Financial sector robust before debt restructuring, but sector cleanup yet to be fully implemented – IMF
BoG establishes Centre to address cyber security challenges
BoG recapitalisation timeline for banks prudent – Association of Banks
BoG, Cyber Security Authority collaborate to improve cybersecurity in banking
Ghana’s new bonds trade at yields between 9.27% and 10.02% – BoG
Our position on BoG Act is to ensure clarity of law – Governor
Investments, loans among top 5 products of banks with complaints in 2022 – BoG
BoG received 983 complaints from customers of banks, others in 2022; 36% complaints unresolved
BoG gives banks up to September 2023 to submit recapitalization plans
$600m IMF cash to go into budget support – Dr. Addison
Banks recorded ¢6.6bn losses in 2022; but registered ¢2.8bn profit in 4 months of 2023 – BoG
Consumer confidence improves – BoG
BoG keeps policy rate unchanged at 29.5%; cost of loans to remain high
T-bills auction: Government fails to meet target; interest rates surge
Mobile money transactions hit ¢550.4bn in four months of 2023
Average lending rates dip to 31.66% in April 2023
Cedi depreciates 21.7% to dollar in May 2023 – BoG
Ghana’s debt fell ¢141.1bn to ¢434.6bn in December 2022 – BoG
$600m IMF cash credited to BoG account
IMF deal will leave Ghana worse off – Prof Bokpin
BoG’s goal is to bring inflation to 6-10% target by 2026 – IMF
IMF’s first tranche of $3bn to hit BoG account today
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Re-collation: Supreme Court quashes results in Tema Central, Ablekuma North, Techiman South, Okaikwei Central
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Bawumia could have conceded defeat earlier – Omane Boamah
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