The Bank of Ghana has advised Licensed Dealer Banks that the renewal and continued validity of their Foreign Exchange Trading Licenses shall be contingent upon demonstrable and sustained compliance with …
Banking & Finance
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Banking & FinanceEconomyTop Story
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The Ghana cedi clawed back some gains across the interbank and retail markets over the past two weeks, largely reflecting subdued foreign exchange demand. In the interbank segment, cedi recorded …
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Ghana is set to raise GH¢10 billion, about US$935 million, through its first domestic infrastructure bond as the government steps up efforts to finance roads and interchanges nationwide while rebuilding …
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EconomySMEs
ORC begins enforcement of GH¢500 penalty for failure to file beneficial ownership information
The Office of the Registrar of Companies (ORC) has commenced the enforcement of penalties against companies that have failed to file their Beneficial Ownership (BO) information, as part of renewed …
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Government has paid a total of US$1.47 billion within its first year in office to settle longstanding energy sector debts and restore the World Bank’s Partial Risk Guarantee, marking what …
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The Bank of Ghana has urged all forex bureaus to report to the Financial Intelligence Center (FIC) all sales and purchases of foreign currencies with a threshold of GH¢ 20,000 …
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The Social Security and National Insurance Trust (SSNIT) says it will strengthen its investment mix to build a sustainable future for Ghanaian pensioners and support economic development, focusing on energy …
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Banking & FinanceEconomyInvestments
Investor interest soars; gov’t exceeds T-bills auction target by 20%
Investor interest in government treasuries shot up as total bids tendered exceeded the target by about 20.41%. According to auction results by the Bank of Ghana, the total bids accepted …
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The Bank of Ghana has issued the Anti-Money Laundering, Combating the Financing of Terrorism & Combating the Proliferation Financing of Weapons of Mass Destruction (AML/CFT/CPF) Agency Banking Guidelines. The guidelines …
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AgribusinessInvestmentsTaxation
Ghana pushes structured trade framework, tariff flexibility in US talks
Ghana has proposed a structured trade and investment cooperation framework aimed at expanding bilateral trade, boosting exports, and attracting increased United States investment into priority sectors of the Ghanaian economy. …
