The Bank of Ghana is anticipated to keep its benchmark interest rate steady at 29% to curb soaring inflation and stabilize the nation’s currency, the cedi....
Ghana’s Supreme Court is set to commence hearings on a case that threatens the country’s $20 billion debt restructuring deal while simultaneously testing the World Bank’s...
Starlink, the satellite internet service operated by SpaceX, has announced the cessation of services in countries including Ghana and South Africa. This decision comes as a...
As policymakers convene at the Bank of Ghana, all eyes are on the anticipated decision regarding interest rates, expected to remain unchanged as the nation grapples...
In an effort to bolster economic recovery and maintain inflationary stability, the Bank of Ghana has reduced its benchmark interest rate to 29%, the first reduction...
Ghana is on track to receive a financial boost of $1.15 billion from the International Monetary Fund (IMF) and the World Bank by the end of...
African central banks are gearing up for a series of decisions in the next three weeks, with most of them leaning towards maintaining their current interest...
The announcement by Governor Ernest Addison has caught financial markets off guard, with only a minority of economists predicting such an increase.
Short-term Central Bank Loans and Debt Restructuring Add to Mounting Fiscal Pressures
African Development Bank has approved a $23.04 million loan to Prime Meridian Docks AssetCo Ltd (PMD), a special purpose entity to co-finance the construction of a...