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Tourist arrivals up 17.8% year-on-year in Q3, 2023; Container traffic dips
Jobs advertised increased 16.6% year-on-year in quarter 3, 2023; Services sector accounts for 78% – BoG
Domestic economic activity improved in quarter 3, 2023 – BoG
Ofori-Atta praises BoG for aiding in reset of Ghana’s financial architecture
Ghana’s average inflation to hover around 18% in 2024 – Fitch Solutions
We have invested heavily in technology to correct bank weaknesses
Evidence is clear economy is responding to policies by BoG – Governor
Insights from BoG Governor: Unpacking pre-covid stability and post-covid crisis
BoG cautions public against schemes that advertise sophisticated products
Government to borrow ¢94.4bn via T-bills in 2024
Repatriate part of proceeds or face sanctions including jail terms – BoG warns exporters
Banks capital quality boosted due to implementation of Basel Capital Standards – Governor
Pace of cedi depreciation to slow down this week following BoG’s timely additional measure
Banking sector shows stability; banks record ¢7.10bn profit as of October 2023 – Governor
Domestic Gold Purchase Programme: BoG has purchased $1.14bn worth of gold – Governor
Ghana Financial Stability Fund has taken off – Governor
BoG’s losses in 2022 were necessary to save Ghana’s economy – Dr. Addison
T-bills auction: Interest rates return to upward trajectory; Government misses target by 30%
Payment industry records significant growth in 2022; value of interbank transactions up 20.24% – BoG
Economic stability taking shape; We will consolidate gains – 1st Deputy Governor
BoG increases minimum paid up capital of Credit Bureaus to ¢6m
BoG to close down some distressed NBFIs
Ghana attains all fiscal targets in line with IMF programme – BoG
IMF cash, cocoa loan to arrive before end of 2023 – BoG Governor assures
MPC keeps policy rate at 30%
Total Mobile Money transactions in 10 months of 2023 reach ¢1.527trn
Average lending rate surges to 32.69% – BoG
T-bills: Interest rates fall for 3rd week running; Government gets ¢5.008bn
Ghana’s gross reserves improve slightly to 1.1 month of import cover; Trade surplus increases to $2.058bn
Cedi depreciates 25.8% to dollar since January 2023 – BoG
Ghana’s public debt fell by ¢14.2bn to ¢567.3 in September 2023; fiscal deficit on target
DDEP: Banks lost ¢7.3bn instead of ¢41.3bn due to revise discount rate
Cedi depreciation slowed down last week; one dollar equals ¢12.18
Zeepay Ghana fined, forex license suspended temporarily
OSP begins probe into BoG’s $222M new head office after Mahama Ayariga’s petition
86,719 assets registered as collateral in quarter 3, 2023
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