The Ghana Cedi has further depreciated to sell at GH¢12.10 against the US dollar on the forex market, despite forecasts of an average of GH¢11.60.
The Ghana Cedi has further depreciated to sell at GH¢12.10 against the US dollar on the forex market, despite forecasts of an average of GH¢11.60.
The Bank of Ghana cautioned stakeholders against dealing with 10 money transfer organisations operating in the remittance and foreign exchange market.
In 2025, Ghana’s cedi rose 24%, but in Ho, prices and transport fares stayed high as traders and drivers ignored relief directives, leaving residents in limbo.
MobileMoney Limited, the operator of MTN Ghana's mobile money service, refuted fears of a system breach after a customer was reportedly scammed out of GH¢11,000.
There has been recent allegations of losses and accusations of impropriety regarding the novel gold for oil program started by the previous government with the BoG
CBG's forex trading licence has been suspended for a month from November 26, 2024, according to a press release from the Bank of Ghana on November 12, 2024.
The total value of mobile money transactions hit GH¢1.775 trillion in eight months of 2024, according to the September 2024 Summary of Economic and Financial Data.
The Bank of Ghana has issued gold coins as an alternative investment asset available to the general public to mop up extra liquidity in the banking sector.
The Ministry of Finance and Consolidated Bank Ghana (CBG) have denied speculation on social media that the bank has been sold to a foreign investor.
US-based Ghanaian comedian weeps about his investments in Ghana, which have gone bad. He directed his anger at the Bank of Ghana and the Ministry of Finance.
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