BoG cuts policy rate to 14% despite Middle East risks
The Bank of Ghana (BoG) has reduced its Monetary Policy Rate by 150 basis points to 14%, The decision, taken […]
Currencies
Ghana’s external reserves rise to $14.5bn as macroeconomic outlook improves – BoG Governor
Ghana’s external reserves have recorded a notable increase, reaching approximately $14.5 billion, according to the Bank of Ghana, providing about
Middle East tensions threaten Ghana’s disinflation progress – BoG
Governor of the Bank of Ghana, Dr. Johnson Asiama, has warned that escalating tensions in the Middle East could threaten
Gov’t to issue long-dated domestic bonds following expiration of DDEP restrictions – Dep Finance Minister
Deputy Minister of Finance, Thomas Nyarko Ampem, has revealed that the government will soon initiate the issuance of long-dated domestic
Zimbabwe rolls out new ZiG banknotes as the central bank pushes to stabilise the economy.
The Reserve Bank of Zimbabwe has unveiled a fresh set of Zimbabwe Gold (ZiG) banknotes in a bid to rebuild
Currencies across Africa are stabilising, yet everyday prices remain dollar-linked.
At the height of its 2024 currency turmoil, Nigeria’s inflation climbed past 30 per cent. Following exchange-rate reforms, the naira
Gov’t pays GH¢10bn in DDEP interest, signals strong fiscal health
Government has paid GH¢10 billion in interest under the Domestic Debt Exchange Programme (DDEP), marking a major milestone in the
Nigerian banks approach the final phase of their recapitalisation push.
Nigeria’s banks are entering the last stage of their recapitalisation efforts, with lenders accelerating capital-raising activities ahead of the Central
Inflation in Uganda remains below target, prompting the central bank to keep interest rate at 9.75%.
Uganda’s central bank has held its main interest rate steady for the sixth consecutive meeting, pointing to global economic risks
Ghana to exit IMF programme with dignity, not as supplicant – President Mahama
President John Dramani Mahama has announced that Ghana is on course to exit its International Monetary Fund (IMF) programme by