The central bank has maintained its policy rate at 20 percent amid growing concerns that inflation could drift further from the 8±2 medium-term target.
Speaking at the press meeting to announce the policy rate yesterday, Governor of the Bank of Ghana Dr. Ernest Addison said although inflation expectations appear to...
As many as eight bills are likely to be considered for ratification as Parliament resumes its fourth meeting today, after almost a month’s break.
Though the itinerary for this sitting is yet to be made known, B&FT has gathered that major business bills will be pushed through in this current...
The President, Nana Addo Dankwa Akufo-Addo, has charged ExxonMobil to replicate it high standards of operation in Ghana to enhance the competitiveness of the country’s oil and gas sector, urging Parliament to act expeditiously in approving the transaction set out in the country’s petroleum exploration agreement.
“We are determined to...
Although government saved around US$200million through procurement in the last 12 months, the country could have doubled that figure by institutionalising procurement, says Simon Annan, Chairperson of Chartered Institute of Procurement and Supply (CIPS) Ghana.
According to him, if government can appoint the right people to man relevant procurement departments...
The ARB Apex Bank is the first local bank to issue a domestic card that employs Europay MasterCard Visa (EMV) standards with CHIP and PIN for transactions to facilitate payments on the Gh-Link platform, the Chief Executive Officer of GhIPSS Achie Hesse has stated.
So far, 25 Automated Teller Machines...
Growing cryptocurrency transactions could disrupt the banking system and throw the Bank of Ghana’s (BoG), monetary policy regime out of order, Peter Quartey - Professor of Economics at the University of Ghana, Legon - has warned.
Cryptocurrency is secured digital representation of the money individuals use daily. With bank notes,...
Will the decision by government, through the West Africa Examination Council (WEAC), to push the West Africa Secondary School Certificate Examination (WASSCE) to May/June not affect tertiary institution admissions for the 2018/19 academic year?
Since 2011, when WEAC began conducting the examinations in February/March, WASSCE candidates have had the opportunity...
Government has, as part of its industrialisation drive, outlined measures aimed reviving all collapsed cashew processing factories in the country.
Key among the steps is a joint effort by the Ghana Export Promotion Authority (GEPA) and the Exim Bank to offer financial support for the retooling of troubled factories to...
The 22nd edition of the International Trade Fair, slated for February 28 to 7th March 2018, is expected to host all 216 districts across the country to showcase indigenous products and services as well as network with foreign partners.
For the first time in the history of the fair, the...