Contrary to some views that the Bank of Ghana is set to introduce crypto currency into the economy, Banking Consultant Nana Otuo Acheampong has explained that the electronic digital currency scheduled to be piloted by the central bank in September is not a crypto currency.
The Year-on-year inflation stood at 7.8 per cent in June compared to 7.5 per cent in May, pushed slightly by transport and food items, the Government Statistician Professor Samuel Kobina Annim said on Wednesday.
The United States of America and Republic of Ghana signed a Memorandum of Understanding Concerning Strategic Civil Nuclear Cooperation (NCMOU), which improves our cooperation on nuclear energy and strengthens our diplomatic and economic relationship.
The Social Security and National Insurance Trust (SSNIT) will from September 1, 2021, delete the names of pensioners, aged 72 and above, who fail to complete or renew their Pensioner Certificates.
The Bank of Ghana, BoG has in a statement debunked claims making rounds on social media that persons with dormant accounts will lose their funds if the accounts are moved to the Bank of Ghana after a period of inactivity.
Ecobank Ghana, one of the flagship investments of the Trust, has presented a dividend of GH¢28.8 million for 2020 to the management of SSNIT at the Pension House in Accra.
After recording negative returns for three successive years from 2018 to 2020 – the longest and deepest bear market in its three decade history – a bull market has returned to the Ghana Stock Exchange with the stock market’s composite index rising by about 36 percent during the first half of 2020 in cedi terms.
The word “demurrage†is well known amongst maritime industry players. In the Law of Demurrage, 5th Edition 2013, Tiberg, the authors define the term demurrage as being “derived from the verb “demur†in its old sense to tarry, or the French “demeurerâ€, which means to remain or stayâ€.
The Bank of Ghana has stated that it is not in a rush to withdraw the raft of measures it introduced last year at the onset of the pandemic, as economic recovery remains fragile.