Banking & Finance

Ghana current account surplus 2025 to hit 5.1% – Absa

Ghana’s current account surplus could climb to 5.1% of GDP by the end of 2025, rising from 4.3% in 2024.…

S&P upgrades Ghana’s credit rating to ‘CCC+’

S&P Global Ratings has upgraded Ghana’s foreign currency credit rating from Selective Default (SD) to CCC+. The upgrade follows major…

BoG strengthens cybersecurity push, unveils plan to revise directive

The Bank of Ghana (BoG) is stepping up efforts to protect the financial sector from cyber threats. At the FICSOC…

BoG’s gold reserves climb to 31.37 tonnes

The Bank of Ghana (BoG) has announced that its total gold reserves hit 31.37 tonnes by the end of April…

BoG pumps $20m into FX market to boost fuel supply and stabilise cedi

The Bank of Ghana (BoG) has released $20 million into the foreign exchange market to support eleven Bulk Oil Distribution…

Ghana’s banking sector under pressure as loan defaults soar – Fitch Solutions

Ghana’s banking industry is facing mounting pressure, with alarming signs of financial stress highlighted in a new report by Fitch…

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