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Cryptocurrency: Advocates push for swift laws by BoG

Cryptocurrency analysts are urging the Bank of Ghana to expedite processes to formulate laws to regulate their business. They want the regulator to step...

BoG injects more dollars into economy

The Bank of Ghana (BoG) has stepped up its supply of United States (US) dollars to meet daily demands for foreign exchange as global...

BoG caps tenure of CEOs, directors of banks – New directive...

The Bank of Ghana (BoG) has issued a directive to cap the tenure of the office of  all managing directors or chief executive officers...

Cyber crime rises but industry recovers GH¢160m in 2017

An estimated 80% of the value of all cyber fraud cases was recovered in 2017, the Bank of Ghana has stated. However, instances of...

Pay depositors’ cash before winding up – BoG to operators

Photo: Ernest Addison (Governor, Bank of Ghana) Financial companies seeking to wind up their operations voluntarily yet are unable to meet their debt and other...

Local banks reduce staff to meet GH¢400m minimum capital

With the clock ticking towards the deadline for universal banks in the country to increase their minimum capital to GHc400 million by the close...

Ghana’s microfinance- My take on happenings so far

The Microfinance industry in Ghana has gone through some notable phases; influx of microfinance companies, regulation, collapse, scam, etc. These happenings seem to have...

REPORT: BOG UNLIKELY TO CHANGE MONETARY POLICY RATE

The Monetary Policy Committee (MPC) of the central bank is set to review the Monetary Policy Rate (MPR), on Friday January 20, 2017, with...

A return to the basics: the panacea to Ghana’s Microfinance challenge

“… Things are never as complicated as they seem. It is only our arrogance that prompts us to find unnecessary complicated answers to simple...

Back to Basics: What Is Money?

Without it, modern economies could not function What Is Money? Money may make the world go around, as the song says. And most people...

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