PLC has joined the Pan-African Payment and Settlement System (PAPSS) to facilitate cross-border payments among African countries and strengthen regional trade and financial integration.Through this ...

Since 2022, the Bank of Ghana has been overseeing the recapitalisation of the country’s lenders. However, a Ghana-based economist now thinks the central bank is in “urgent” need of recapitalisation ...

Consolidated Bank Ghana Ltd (CBG) has achieved a remarkable turnaround, transitioning from a GH¢712.9 million loss before tax in 2023 to a GH¢160.1 million profit before tax last year. This remarkable ...

National Security has detailed the discovery of official Bank of Ghana cash boxes at the centre of the massive counterfeiting operation in Sapeiman. This has sparked serious concerns about regulatory ...

Based on the prevailing rate quoted by the Bank of Ghana at the time, which was approximately GHC11.50 to US$1, it was estimated that ECG lost GHS 80 million on the transaction with Fidelity Bank – ...

A painter, accused of stealing electrical cables at the Bank of Ghana building at Ridge, has been granted bail by an Accra Circuit Court. Ahmed Mohammed Lawal was admitted to bail in the sum of ...

ACCRA (Reuters) -Two of the five members of the Ghana central bank’s Monetary Policy Committee (MPC) voted for its prime interest rate to be kept at 27% during the last meeting, at which the bank ...

The event is co-organized by the Ghana Tertiary Education Commission, the Association of African Universities (AAU), the Inter-University Council for East Africa (IUCEA), with the support of the World ...

The Asian Development Bank (ADB) is committed to improving water security and resilience in the region by supporting inclusive, resilient, sustainable, and well-governed services delivery and resource ...

Absa Bank Ghana Limited, in partnership with the Mastercard Foundation, has convened a high-level stakeholder learning session to assess the role of non-bank financial institutions (NBFIs ...

(Bloomberg) -- Ghana’s new central bank Governor Johnson Asiama showed his commitment to fighting inflation by unexpectedly raising the benchmark interest rate. The monetary policy committee ...