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Banking and Finance
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Banking and Finance
The International Monetary Fund (IMF) has defended the Bank of Ghana’s aggressive monetary tightening measures despite the central bank recording a staggering GH¢15.6 billion loss in 2025.
May 25, 2026
· 3 min read
Banking and Finance
However, it pointed out that the continued fiscal discipline, relative exchange rate stability, and lower Value Added Tax (VAT) rate will cap inflation below 10.0% by the end of 2026,…
May 24, 2026
· 3 min read
Banking and Finance
Ghana's cedi, which has suffered a steady decline in recent weeks, has now become the worst-performing currency in sub-Saharan Africa and one of the worst performers on the continent. According…
May 24, 2026
· 3 min read
Banking and Finance
Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama, has assured the public and investors that the significant operating and Other Comprehensive Income (OCI) losses incurred in 2025…
May 24, 2026
· 3 min read
Banking and Finance
Revolut chief executive Nik Storonsky recently outlined an ambitious strategy to expand Revolut Business, aiming to position the company as the largest bank in the world. The internal communication to…
May 24, 2026
· 3 min read
Banking and Finance
The historic town of Elmina is set to host the very first operational branch of GN Savings and Loans as it prepares to reopen its doors to the public.
May 24, 2026
· 3 min read
Banking and Finance
The Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has called for integrated payment and settlement systems across Africa to support trade, deepen financial inclusion and accelerate…
May 24, 2026
· 3 min read
Banking and Finance
President of Groupe Ndoum, Dr Nana Kweku Ndoum, has acknowledged that rebuilding GN Savings and Loans will be a complex process, citing the disposal and destruction of some of the…
May 23, 2026
· 2 min read
Banking and Finance
President of Groupe Ndoum, Dr Kweku Ndoum, has alleged that deliberate falsehoods about the financial health of GN Bank contributed significantly to the institution's eventual collapse in 2019.
May 23, 2026
· 2 min read
Banking and Finance
President of Groupe Ndoum, Dr Nana Kweku Ndoum, has revealed that more than 4,500 direct and indirect jobs were lost following the collapse of GN Bank in 2019.
May 23, 2026
· 2 min read