Sunday, September 22, 2024
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Bank of Ghana

Ghana’s new banknotes spark confusion over relevance

Ghana's economy has over the last decade been on a roller coaster with signs of positivity and growth; decreasing inflation and subtle macro-economic stability...

Ghana revokes licenses of 23 financial institutions

Ghana's central bank has revoked the licenses of twenty-three (23) financial institutions mostly savings and loans companies. The Bank of Ghana in a statement on...

Ghanaians demonstrate over lost investments in Ponzi scheme

Some Ghanaians who have invested in a Ponzi scheme on Tuesday staged a demonstration in the Ghanaian town of Kumasi in the Ashanti region. The...

23 Ghanaian banks meet minimum capital requirement

23 out of 34 universal banks in Ghana have successfully met a $83 million (400 million cedis) minimum capital requirement deadline. All banks in Ghana...

Opinion: Ghana’s financial and insurance sectors in crisis

Ghana’s financial system underwent rapid growth and major transformation over the last two decades, which brought new opportunities and risks. Government implemented reforms to enhance...

Ghana’s central bank launches cyber security tools for banks

Ghana’s central bank on Monday rolled out cyber security directive for financial institutions in the country. The move according to the Bank of Ghana is...

Ghana to prosecute executives of collapsed local banks

Ghana says it will prosecute executives of five local banks that collapsed early this month. The executives are accused of engaging in activities that...

Banking crisis: Ghanaians declare who they ‘stand with’

Ghanaians have been declaring who they ‘stand with’ following the collapse of five local banks this month. The declaration with the hashtag ‘IStandWith’ has been...

Ghana: Prominent indigenous bank, uniBank declared insolvent

One of Ghana’s prominent indigenous banks, uniBank has been declared by the country’s central bank to be bankrupt exposing savings of customers to major risk.

Opinion: Collapse of banks in Ghana, can directors be held responsible?

Without warning, the country has been thrown into deep discussions about the collapse of UT Bank and Capital Bank. We are told that quite a few other banks may join the wagon.

Latest news

Nigerian High Commission apartments in Ghana demolished

Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers. The apartments have been constructed to...

Covid-19: Ghana records significant recovery numbers

Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered. The significant number of recoveries means the country now...

DR Congo: President’s ex-chief of staff jailed 20 years for corruption

The ex-chief of staff of the president of the Democratic Republic of Congo has been jailed 20 years by a high court. Vital Kamerhe was...

Covid-19: Zimbabwe’s health minister arrested, charged for graft

Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million. Moyo is accused of illegally...

Ghana’s new law that jails citizens not wearing facemask 10 years

Ghanaians who fail to wear the face masks in compliance with a presidential directive risk going to jail for ten years. They also face a...
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