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Ghana’s Pension Fund Assets Hit Record GH¢86.23 Billion in 2024
Ghana’s pension industry experienced a historic surge in 2024, with total pension fund assets reaching an unprecedented GH¢86.23 billion, up from GH¢61.8 billion in 2023.
This represents a significant 39.5% year-on-year growth, according…
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Cedi Surge Triggers 50% Drop in Remittance Inflows – BoG Governor
The governor of the Bank of Ghana, Dr Johnson Asiama, has revealed that the sharp appreciation of the Ghanaian cedi has led to a near 50% drop in remittance inflows, as many Ghanaians living abroad have paused sending money for local…
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Monetary Policy Committee of BoG cuts policy rate sharply to 25%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has cut the policy rate by 300 basis points, bringing it down from 28% to 25%, in a bold move to support economic growth amid easing inflationary pressures.
Announcing the…
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NPP Deserves Some Credit for the Current Cedi Stability – Joe Jackson
Chief Executive Officer of Dalex Finance, Joe Jackson, has credited both the opposition New Patriotic Party (NPP) and the governing National Democratic Congress (NDC) for the recent signs of stability in the Ghanaian cedi, urging a balanced…
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Ghana’s Public Debt Drops by GH¢139 Billion in First Half of 2025
Ghana’s total public debt stock saw a sharp decline of GH¢139 billion in the first six months of 2025, according to new data released by the Bank of Ghana.
The debt stock fell from GH¢752.1 billion at the start of the year to GH¢613.0…
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‘Cedi No Apicki, But Abochi Get the Dollar’- Minority Responds to Claims on Forex
The minority in Parliament has strongly contested claims made in the 2025 Mid-Year Budget Review regarding Ghana’s foreign exchange reserves, currency stability, and the performance of the Ghana cedi, accusing the government of misleading…
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Ghana Eyes Sukuk Bonds to Bridge Infrastructure Gap
In a bold move to address Ghana’s staggering infrastructure financing gap and promote financial inclusion, the Bank of Ghana is exploring the introduction of Sukuk bonds—a Sharia-compliant, asset-backed financial instrument that has gained…
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‘Taxpayers Will Pay for It’ – Dr Seddoh on 60% Recovery Threshold in Banking Crisis
A former Chief Executive Officer of the National Pensions Regulatory Authority (NPRA), Dr Daniel Seddoh, has raised alarm over the long-term financial burden taxpayers may face following the state’s decision to drop prosecution against Dr…
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We Can’t Stop Crypto; We Must Regulate It- BoG Governor
The governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has acknowledged that cryptocurrency use in Ghana is now too widespread to ban, signalling a major policy shift from caution to collaboration in regulating the digital asset…
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Former UT Bank Director Chairs New 9-Member CBG Board
The newly inaugurated Board of Directors of Consolidated Bank Ghana (CBG) has officially assumed office, tasked with steering the state-owned bank through a crucial period of recapitalisation, financial recovery, and increasing public…
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