Money lenders sweat over new BOG minimum capital requirement

About 500 members of Micro-Credit Association of Ghana will not meet the deadline for the minimum capital requirement.

Bawumia endorses national switch for interoperability operation

It does look like government has finally taken a decision to have a single platform, otherwise known as national switch to interoperate mobile money payments and other transfers from before the year ends.

Gov't cautioned against spending outside its budget

Government has been cautioned against spending outside its budget as it prepares to present its financial statement for the year to Parliament in March.

Latest Stories From Finance
BOG Interoperability contract brouhaha...Vals Intel CEO concedes misunderstanding the process

Vals Intel has conceded that it misunderstood portions of the bidding process as a result of which they might have lost the contract.

Posted: 3 months ago   Views: 13173
Read More

BoG to settle on GHC250 million as new minimum capital

The Central Bank is set to settle on GHC250 million as the new minimum capital requirement for commercial banks in Ghana.

Posted: 3 months ago   Views: 19093
Read More

Ghana's fiscal deficit deteriorated to an estimated 9% of GDP in 2016 - IMF

Ghana's overall fiscal deficit, on a cash basis, in 2016 deteriorated to an estimated 9 percent of GDP, instead of declining to 5¼ percent of GDP as envisaged under the IMF-supported program.

Posted: 3 months ago   Views: 18318
Read More

The e-payment evolution; the modern payment regime in Ghana

The current Payment system in Ghana refers to the entire matrix of institutional infrastructure arrangements and processes in a country set up to enable economic agents initiate and transfer monetary claims.

Posted: 3 months ago   Views: 19134
Read More

IMF Mission in Ghana to engage new gov't on policies, programmes

The Mission Chief of the IMF currently in Ghana has said the main objective of the Mission was to engage with the new government on their policies and programmes.

Posted: 3 months ago   Views: 14874
Read More

Ailing Naira sinks on Black Market

The Nigerian naira fell against the greenback to 500 on the black market as the nation’s dollar scarcity worsens, according to, which collates prices from traders in Lagos each day.

Posted: 4 months ago   Views: 7519
Read More

New Finance Minister committed to cleaning up public finances, debts

Finance Minister, Ken Ofori-Atta says he is committed to creating wealth and improving people’s lives by ensuring economic freedom as the mainstay of the economy.

Posted: 4 months ago   Views: 17432
Read More

Ghana cannot blame IMF for economic challenges - Dr Joe Abbey

Renowned economist Dr Joe Abbey says the International Monetary Fund cannot be blamed for the current challenges faced by Ghana's economy.

Posted: 4 months ago   Views: 11406
Read More

AfDB President advocates improved finance for Africa

The President of the African Development Bank (AfDB) has called for improved access to financing to accelerate the transformation of African economies.

Posted: 4 months ago   Views: 7806
Read More

Groupe Ideal Boss says innovation key to the growth of the financial sector

The Vice President of Groupe Ideal Charles Arkuh has said the financial sector in Ghana has to take strategic decisions in order to sustain the industry.

Posted: 4 months ago   Views: 11574
Read More