PRICES OF GOLD COIN FALL AMID CEDIS’S STRENGTHENING
The Bank of Ghana’s gold coin, available in three variants—a one-ounce coin, a half-ounce coin, and a quarter-ounce coin have witnessed a price drop on December 9, 2024.
Economy
November 2024 Inflation Rises to 23.0% Amid Higher Food Prices
Inflation for November 2024 increased to 23.0%, up from 22.1% in October, driven primarily by a surge in food prices.
Secured Loans Rise to GH¢5.6 Billion in Q3 2024 – BoG Data
The total value of secured loans issued by banks and Specialized Deposit-Taking Institutions (SDIs) in the third quarter of 2024
Bawumia Expresses Gratitude to Ghanaians, Bondholders, and Stakeholders for Supporting Debt Restructuring Efforts
Dr. Mahamudu Bawumia, flagbearer of the New Patriotic Party (NPP), has expressed heartfelt gratitude to Ghanaians, bondholders, and stakeholders for
Blanket Ban on Small-Scale Mining Unjustified – CEO of Minerals Commission
The Chief Executive Officer of the Minerals Commission, Martin Ayisi, has expressed concerns about recent calls for a complete ban
Ghana Secures 98% Participation in Eurobond Debt Restructuring
The Ministry of Finance has announced the successful completion of its Eurobond debt exchange and consent solicitation process, a crucial
Ivory Coast’s Increase in Cocoa Farmgate Price Falls Short of Producers’ Expectations
Despite Cote d’Ivoire’s recent increase in the fixed farmgate price for cocoa farmers to a record high, industry stakeholders believe
Delaying Global Financial Reforms Could Trigger Deeper Economic Crises – GITFiC Warns
The Ghana International Trade and Finance Conference (GITFiC) has advocated for the immediate adoption and implementation of its Global Debt
ECA and AfDB Call for Reform of Global Financial System
The United Nations Economic Commission for Africa (ECA) and the African Development Bank (AfDB) have called for a new initiative
Fraudulent bank staff activities on the rise- BoG Report
The year 2023 saw an increase in staff involvement in fraudulent activities recorded in Banks and Specialized Deposit-Taking Institutions (SDIs)