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Ghana Sees Opportunity in Burkina Faso Tomato Export Ban
Businessmyjoyonline3d ago

Ghana Sees Opportunity in Burkina Faso Tomato Export Ban

Ghana's Minister of Food and Agriculture assured the public there would be no tomato shortage despite Burkina Faso's export ban, while the Bank of Ghana Governor sees this as a strategic opportunity for Ghana's domestic agricultural sector.

Ghana's Falling Inflation and Reduced Reference Rate Boost Economy
Businessmyjoyonline24d ago

Ghana's Falling Inflation and Reduced Reference Rate Boost Economy

Ghana is experiencing economic relief as falling inflation benefits consumers and boosts sales, according to the Ghana Union of Traders Association (GUTA). Additionally, the Bank of Ghana and Ghana Association of Banks have been commended for reducing the Ghana Reference Rate (GRR) from 14.58% to 11.71%.

Letshego Group CEO makes first Ghana visit, meets with regulator
Businessmyjoyonline25d ago

Letshego Group CEO makes first Ghana visit, meets with regulator

The Group Chief Executive Officer of Letshego Africa Holdings, Reinette van der Merwe, in her first official visit to Ghana since assuming office, met with a number of interest groups, including a visit to the Bank of Ghana. At the Bank Square, the headquarters of the central bank, the GCEO met with the Governor, Dr. […]

Businesses are benefiting from cheaper credit – BoG Governor
Businessmyjoyonline10d ago

Businesses are benefiting from cheaper credit – BoG Governor

The Governor of the Bank of Ghana, Dr Johnson Asiama has stated that businesses are benefiting from low interest rates due to the bank’s monetary policy tools. He made this statement after the Monetary Policy Committee of the Bank of Ghana announced a policy cut by 150 basis points to 14 percent. This also comes […]

Ghana’s banking sector strong but credit growth remains subdued – BoG Governor
Businessmyjoyonline12d ago

Ghana’s banking sector strong but credit growth remains subdued – BoG Governor

The Governor of the Bank of Ghana, Dr Johnson Asiama, has described Ghana’s banking sector as sound, profitable, and well-capitalized, even as credit growth to households and businesses remains subdued. Speaking at the opening of the 129th Monetary Policy Committee (MPC) meeting, Dr Asiama highlighted that the banking sector’s health is crucial for the effectiveness […]

Bank of Ghana's Monetary Policy Under Scrutiny
Financemyjoyonline5d ago

Bank of Ghana's Monetary Policy Under Scrutiny

The Bank of Ghana's strategy of cutting interest rates while simultaneously withdrawing liquidity is being questioned by economists, who debate whether these policies are contradictory or effective for economic recovery.