#OccupyBoGProtest: BoG Governor absent, sends head of security to receive petition
By Seli Baisie Leaders of the #OccupyBoGProtest took to the streets and marched to the Bank of Ghana (BoG) premises to personally present their petition to Dr. Ernest Addison, the Governor of the Bank of Ghana (BoG). However, upon their arrival, they were met by the retired Director of Security of the BoG, as Dr. […]
BoG schedules Jan. 24 for its 1st MPC meetings in 2023
By: Franklin ASARE-DONKOH The Bank of Ghana (BoG) has announced that the first Monetary Policy Committee (MPC) meetings for the year 2023 will be held from Tuesday, January 24 to Friday, January 27, 2023. The meetings will be the 110th in the history of the Central Bank. They are expected to “review developments in the […]
BoG increases Monetary Policy Rate to 24.5%
By: Franklin ASARE-DONKOH The Monetary Policy Committee of the Bank of Ghana (BoG) has increased the Monetary Policy Rate by 250 basis points to 24.5 percent. The Governor of BoG, Dr. Ernest Addison in announcing the new rate explained that the increase has been necessitated by the problems associated with Ghana’s rising inflation, which stands […]
Veep Bawumia optimistic about performance of New Mobile Money Service, Ghana Pay
By Rachel Kakraba Vice President Dr. Mahamudu Bawumia has launched a new payment platform known as GhanaPay. It is a Mobile Money Service provided by Universal banks, Rural banks and Savings and Loans companies to individuals and businesses to solidify Ghana’s National Financial Inclusion Agenda. Speaking at the event, Dr. Bawumia, said GhanaPay will bring […]