BOG
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BUSINESS NEWS
Tariff hikes, global trade risks to shape next policy rate – Bank of Ghana
The Bank of Ghana (BoG) has admitted that proposed utility tariff hikes could weigh heavily on its next policy rate…
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BUSINESS NEWS
Bank of Ghana Suspends Taptap Send, Four Others for Remittance Violations
The Bank of Ghana (BoG) has suspended the remittance partnerships of five Money Transfer Operators (MTOs) — Taptap Send, Top…
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BUSINESS NEWS
Bank of Ghana Halts UBA Ghana’s Forex Trading License for 30 Days
The Bank of Ghana has suspended the foreign exchange trading licence of United Bank for Africa (UBA) Ghana, effective September…
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BUSINESS NEWS
Bank of Ghana Designates Digital Credit as Non-Bank Financial Service in New Licensing Framework
The Bank of Ghana (BoG) has officially classified digital credit services as a non-bank financial service. The move which creates…
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BUSINESS NEWS
No more dollar pricing for school fees, rent, airline tickets – Bank of Ghana
The Bank of Ghana (BoG) has reminded the public that unlicensed or unauthorized foreign exchange transactions—including black market dealings, pricing,…
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BUSINESS NEWS
Bank of Ghana Revises Forex Regulations, Introduces New Limits for Travelers and Traders
The Bank of Ghana (BoG) has announced new amendments to its guidelines governing the importation and exportation of foreign currency…
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BUSINESS NEWS
Economists react to BoG’s new forex directive
Economists have expressed mixed views on the Bank of Ghana’s (BoG) latest directive restricting commercial banks from making foreign currency…
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BUSINESS NEWS
Bank of Ghana halts unbacked dollar payments to major corporations to reduce forex strain
The Bank of Ghana (BoG) has moved to tighten control of the foreign exchange market, directing banks to stop Foreign…
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BUSINESS NEWS
Treasury Bill auction faces 22% shortfall as yields continue to decline
Last week’s Treasury bill auction ended in an undersubscription, with total demand falling 22.12% short of target. The result breaks…
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BUSINESS NEWS
BoG Governor Urges Banks to Revamp Lending Strategies to Boost Private Sector Expansion
Governor of the Bank of Ghana, Dr. Johnson Asiama, is calling on banks to shift their business models toward more…
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