Browsing: Business
High Court reverses BoG’s revocation of CDH Savings and Loans licence
A High Court in Accra has overturned the Bank of Ghana’s (BoG) 2019 decision to revoke the operating licence of CDH Savings and Loans Company Limited,…
Police locates Tony Mintah, CEO of NextGen Infraco
The Ghana Police Service has successfully located Mr. Tony Mintah, the Chief Executive Officer of NextGen Infraco, who was reportedly abducted by unidentified individuals from the…
KOICA And WFP Boost Food Security and Nutrition In Ghana by Supporting Youth Economic Empowerment and Digitization
The United Nations World Food Programme (WFP) welcomes a US$9.3 million contribution from the Korea International Cooperation Agency (KOICA) to enhance access to digital technology for…
BoG directs Kwahumanhene to resign as ADB Board chair over GH¢2m fraudulent transaction
The Bank of Ghana (BoG) has directed Daasebre Akuamoah Agyapong II, the Board Chairman of the Agricultural Development Bank (ADB), to step down from his position…
ATMs in Ghana increase modestly as POS terminals decline – Report
The total number of Automated Teller Machines (ATMs) deployed by banks across Ghana reached 2,287 by the end of 2023, reflecting a modest 1.4% increase compared…
BoG to auction $120m to Bulk Oil Distributors in Q4 2024
The Bank of Ghana (BoG) is poised to inject $120 million into the market through an auction for Bulk Oil Distribution Companies (BDCs) in the fourth…
IMF reaches staff-level agreement with Ghana for $360m fourth tranche
The International Monetary Fund (IMF) and Ghana have reached a staff-level agreement on the third review of Ghana’s US$ 3 billion extended credit facility. It follows…
The Bank of Ghana (BoG) has announced a 200-basis-point reduction in its Monetary Policy Rate, lowering it to 27%
The Bank of Ghana (BoG) has announced a 200-basis-point reduction in its Monetary Policy Rate, lowering it to 27%. This is the second rate cut since…
Bank of Ghana launches Gold Coin to provide investment opportunities for Ghanaians
The Bank of Ghana (BoG) has launched the Ghana Gold Coin (GGC) to create alternate investment for Ghanaians. The GGC is a coin manufactured from dore…
2024 Citi Business Olympics underway at Eden Heights Sports Complex
The 2024 Business Olympics, the largest sporting event among corporate institutions organised by Citi FM and Channel One TV, is set for Saturday, September 28, 2024,…