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The Ghana Reference Rate, which serves effectively as the base lending rate for all commercial banks – being computed by them in collaboration with the BoG – has been a little higher at 29.72% in January and 29.96% in February.
Victor Agbeve In this era of economic shocks, local banks have to rethink the way they manage risk. Traditional…
Banks have been urged to break away from long-standing lending biases and extend more credit to women and women-led…
This comes at a time Ghana should be rejoicing over the strong rebound in its cocoa production for the ongoing 2024/25 crop season.
Finance Minister Dr Cassiel Ato Forson has said that the economic situation inherited by the Mahama administration is more…
Minister-designate for Government Communications, Felix Kwakye Ofosu has said that the newly nominated Governor of the Bank of Ghana, Dr…
Both Seth Tekper, the President’s economic advisor and Dr Cassiel Ato Forson, finance minister have publicly declared their readiness to work with diverse groups towards resetting the economy.
Finance Minister-designate, Cassiel Ato Forson, plans to secure additional IMF funding, cut public spending, and revitalize key sectors. He indicated…
The consistent debt commitments are expected to help Ghana lift its Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) from its…
Professional services firm, Deloitte, is predicting a persistence reduction in interest rates in 2025 on the back of a sustained…