Accra: The Monetary Policy Committee (MPC) of the Bank of Ghana has maintained the policy rate at 27 percent, citing an elevated inflation profile largely driven by food price movements. The Committee said this also extended to the time horizon of ach…
Month: January 2025
MobileMoney Limited and ReFinD Collaborate to Enhance Financial Inclusion
Accra: MobileMoney Limited and the Retail Financial Distribution Research Initiative (ReFinD), a project under the Institute of Statistical, Social and Economic Research (ISSER), have signed an agreement to conduct research focused on Mobile Money Age…
Committee Inaugurated to Draft Bill for Establishment of Ghana Gold Board
Accra: Dr Cassiel Ato Baah Forson, the Minister of Finance, inaugurated a 19-member Technical Committee on Monday to develop the legal framework for establishing the Ghana Gold Board (GoldBod). The committee’s task is to draft a Bill to formalize the …
Ghana’s Petroleum Fund Investment Surge to $1.4 Billion: Bank of Ghana Report
Accra: The Bank of Ghana has released its report on the performance of Ghana’s Petroleum Funds for the second half of 2024. The report revealed a significant increase in oil revenue and a substantial boost to fund allocations as growth in investments …
Professor Joshua Alabi Appointed Board Chairman of GCB Bank
Accra: The Board of GCB Bank has announced the appointment of Professor Joshua Alabi as an Independent Non-Executive Director and Chairman of the Board of Directors, effective immediately. The appointment awaits approval from shareholders at the upcom…