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Financial Sector Stability Fund
Economy

Foreign banks profits exceed local banks by 185% in pandemic year

Attuahene attributes to quality of boards Annual financial reports posted by commercial banks in the country, indicate that foreign-owned banks have made profits...
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Local market reacts to spike in inflation
Economy

Non-food prices keep inflation outside target band again

Records 10.3% in March The average price of goods and services has, for the second straight time, increased by 10.3 percent in March 2021,...
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Economy

March inflation remains unchanged at 10.3%

Figures released by the Ghana Statistical Service (GSS) has shown that the year-on-year inflation rate for March 2021 was same as the 10.3% recorded...
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Economy

Zeepay acquires Zambia’s Mangwee Mobile Money

…places Ghanaian fintech strategically in Southern Africa Zeepay, the leading African Challenger Fintech with operations in over 10 African countries, has today acquired a 51...
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Gov’t pays GH¢5.7bn of debts to SSNIT
Economy

SSNIT boss wins most impressive leader of the decade

The Initiators of Change Foundation (ICF) has presented a Lifetime in a Portrait Award to Director-General of the Social Security and National Insurance Trust...
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Economy

GTBank, UnionPay enter card acceptance partnership

Guaranty Trust Bank (Ghana) Limited and UnionPay International have signed a Memorandum of Understanding (MoU) to mark a partnership that will grow...
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Economy

Accommodating is watchword for monetary policy in 2021

At its recent meeting, the Monetary Policy Committee (MPC) of the Bank of Ghana decided to keep the policy rate at 14.50% for the...
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Economy

Ecobank sees profit soar by 23% for FY 2020

… total assets also rise 21% Ecobank has recorded profit after tax of GH¢543.8 million for the year ended December 31, 2020. This represents a...
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Economy

Replicate digital leakage system across all sectors – SML Ghana boss

Addressing revenue shortfalls To address the perennial challenge of revenue shortfall, it will be necessary for government to replicate modern technologies such as the...
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Economy

Ghana ready to be taken off EU AML blacklist – BoG

… on-site testing scheduled for May All is set for Ghana to be removed from the European Union’s (EUs) list of countries with high levels...
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