Banking and Finance
Ghana issues US$3 bn Eurobonds in tricky circumstances
…investors oversubscribe govt’s offer …but largely at unacceptably high interest rates Last week Ghana made another foray into the international...
The World Bank’s releases updated outlook for Ghana’s economy
The World Bank has released its latest updated outlook for Ghana’s economy. Although it is the Bank’s projection that the...
Forex market expects cedi appreciation
…but bidders want forex immediately At the latest foreign exchange forward auction held in late March, the Bank of Ghana...
Ecobank reaps the rewards of digital banking foresight
The arrival of COVID-19 has accelerated the digital banking agenda of banks in Ghana. But Ecobank, having pioneered this agenda...
Ghana’s $3bn Eurobond Oversubscribed
GOVERNMENT MADE a successful debut into the international debt capital markets securing $3 billion from an oversubscribed bond book value...
BoG denies lending more than approved ¢10 bn to government
The Bank of Ghana has denied lending to government more than what was approved by Parliament last year. According to...
9 banks failed to transfer SSNIT contributions to BoG – Auditor General Report
Nine out of 21 agent banks of the Social Security and National Insurance Trust (SSNIT) failed to remit a total...
Ghana to issue its first ever zero coupon bonds
In its latest attempt to use non-conventional means to ease its dire fiscal predicament, Ghana` is attempting to issue zero...
Parliamentary politics descend on financial issues
…Discusses 2021 budget …vets Finance Minister nominee …now to investigate liquidation of 2 banks The newly constituted Parliament, made up...
Bank of Ghana keeps its policy rate at an eight-year low
The policy rate is the key lending rate of the central bank in a country. It is a signaling rate...
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