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BoG gets GHS900m to clean up MFIs

The Bank of Ghana (BoG) has received GHS900 million to undertake a clean-up of the troubled microfinance sub-sector of the financial services industry. The move is part of cleaning up the GHS7 billion debt crisis that has hit a large…
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Parliament resumes sitting today

Parliament is scheduled to resume sittings today after its recess in accordance with order 42 clause 3 of the Standing Orders of the House. Parliament in today's meeting is expected to consider and pass the Vigilantism and Related…
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BoG holds policy rate at 16 percent

The Monetary Policy Committee of the Bank of Ghana has maintained its policy rate for the second time running citing inflationary pressures that must be controlled. Speaking at the MPC press briefing on Monday, Dr Ernest Addison said the…
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