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Finance
349 posts
Our “Finance” section features articles on the world of business, finance and fintech in Ghana and Africa
Standard Chartered Eyes Potential Exit from Retail Banking in Botswana, Zambia, and Uganda
Standard Chartered is considering divesting its wealth management and retail banking units in Botswana, Zambia, and Uganda as…
Ghana’s Inflation Edges Up To 23% in November
Inflation for November 2024 climbed to 23.0%, up from 22.1% in October, marking the third consecutive monthly increase…
Ghana Secures $360 Million IMF Disbursement After Third Review
The International Monetary Fund (IMF) has approved a $360 million disbursement to Ghana following a successful third review…
Mobile Money Transactions in Ghana Achieve a Record High GHC 2 Trillion
Mobile money transactions in Ghana reached a record high of GH¢2.368 trillion between January and October 2024, a…
Bank of Ghana Skips Press Briefing of Its Monetary Policy Committee as FX Concerns Mount
The Bank of Ghana’s decision to forego a customary press briefing after its Monetary Policy Committee (MPC) meeting…
Ghana Tightens Rules on Pension Fund Offshore Investments
Ghana is restricting private pension fund managers from investing offshore amid concerns that such moves could exacerbate pressure…
Bank of Ghana Issues New Outsourcing Directive for Financial Sector
The Bank of Ghana (BoG) has rolled out an outsourcing directive to tighten governance and risk management in…
Bank of Ghana Suspends Consolidated Bank Ghana’s Forex Trading License
The Bank of Ghana has suspended the foreign exchange trading license of Consolidated Bank Ghana (CBG) effective 26th…
Ghana Launches “MyCreditScore” Platform To Boost Financial Inclusion
Ghana’s Vice President Dr. Mahamudu Bawumia has launched MyCredit Score, a credit scoring platform, designed to improve access…
Visa Invests in Four African Startups Graduating from Its Africa Fintech Accelerator
Visa has invested in four standout African startups that recently graduated from the inaugural class of its Africa…