Ghana’s debt hits 172.9 billion cedis
The total amount that Ghana owes reached 172.9 billion cedis in November 2018. This is according to data from the ...
Tag: BoG
Cedi depreciates by 11% against the dollar over one year period
The cedi has depreciated by 11 percent between January 2018 and the same period this year . The local currency ...
Court dismisses Menzgold suit against SEC, BoG
The High Court in Accra has dismissed a suit filed by Menzgold Ghana Limited, the troubled gold trading company against ...
Menzgold customers not entitled to Gov’t compensation – Dr. Lord Mensah
Economist, Dr. Lord Mensah, has kicked against any form of compensation for embattled customers of gold dealership company, Menzgold. He ...
‘Agongo’s criminal prosecution makes him ‘not fit and proper’ to own a bank’ – BoG Governor
After explaining that Heritage Bank's license was revoked due to a suspicious stated capital, as well as their inability to ...
Menzgold customers beseige company’s premises; threaten demo against BoG, SEC
Over two hundred customers of gold dealership firm, Menzgold besieged the premises of the company’s head office at Dzorwulu on ...
1.2 billion cedis NPLs write off to end in December
The Bank of Ghana has shifted its projection of a drop in the Non Performing Loans of banks, by two ...
Cedi records poorest performance in November 2018
The local currency, the cedi, witnessed its weakest performance in November 2018 compared to the same period in 2017; a ...
Ghana’s debt increases to 170.8 billion cedis – BoG
Ghana’s total debt stock has reached 170.8 billion cedis as at September 2018. A summary of economic figures released by ...
Communications Ministry fights BoG over mobile money data
The Bank of Ghana’s refusal to release data on mobile money transactions to the Communications Ministry has sparked a feud ...
Doctors, lawyers, bankers have huge sums with Menzgold – Customer claims
A customer of gold dealership company, Menzgold, Kenneth Nimo, has said some professionals including lawyers and doctors may have lost ...
Savings & Loans companies back BoG’s reforms
The Association of Savings and Loans Companies has backed an intended action by the Bank of Ghana to reform the ...
BoG closes down Dancom Microfinance Limited, arrests directors
The Bank of Ghana has shut down Dancom Microfinance Limited for operating illegally. The Directors of the company have also ...
BoG to save cedi’s free fall with $650m of cocoa syndicated loan
About 650 million dollars from the cocoa syndicated loan is to hit the Bank of Ghana’s account today. This is ...
BoG closes down Dancom Microfinance Limited, arrests directors
The Bank of Ghana has shut down Dancom Microfinance Limited for operating illegally. The Directors of the company have also ...
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