Ghanaian and Nigerian Central Bank Open Respective Regulatory Sandbox Application Processes 3 min read Bank of Ghana Ghanaian and Nigerian Central Bank Open Respective Regulatory Sandbox Application Processes The Ghanaian and Nigerian central banks have invited financial innovators that wish to be included in their...Read More
Ghanaian Cedi Appreciates by More Than 30% in 4 Days — Currency Recovery Follows IMF Loan Announcement 3 min read Bank of Ghana Ghanaian Cedi Appreciates by More Than 30% in 4 Days — Currency Recovery Follows IMF Loan Announcement admin December 18, 2022 Just a few months after it became the world’s worst-performing currency, the Ghanaian cedi’s exchange rate versus...Read More
Displaying US Dollar Prices Still Prohibited, Ghanaian Central Bank Tells Actress Lydia Forson 3 min read Bank of Ghana Displaying US Dollar Prices Still Prohibited, Ghanaian Central Bank Tells Actress Lydia Forson admin November 5, 2022 The Bank of Ghana recently warned businesses quoting U.S. dollar prices that the practice is still prohibited...Read More
Ghanaian Central Bank Allays Fears That a CBDC Will Disrupt Mobile Money Operations 3 min read Bank of Ghana Ghanaian Central Bank Allays Fears That a CBDC Will Disrupt Mobile Money Operations admin September 4, 2022 The Bank of Ghana has said the expected implementation of the central bank digital currency will not...Read More
Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’ 3 min read Bank of Ghana Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’ admin August 23, 2022 After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking...Read More
Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in Forex 2 min read Bank of Ghana Ghana Central Bank Reiterates Warning Against Practice of Pricing Goods in Forex admin April 12, 2022 The Bank of Ghana has warned businesses and the public against the practice of demanding or making...Read More
Tanzanian Central Bank Preparing for CBDC to Ensure Country Is Not Left Behind 2 min read Bank of Ghana Tanzanian Central Bank Preparing for CBDC to Ensure Country Is Not Left Behind admin November 28, 2021 Florens Luoga, the governor of the Bank of Tanzania, said the apex bank has kickstarted preparations for...Read More
Bank of Ghana Selects German Technology Firm as Partner for CBDC Project 2 min read Bank of Ghana Bank of Ghana Selects German Technology Firm as Partner for CBDC Project admin August 13, 2021 The Bank of Ghana (BOG) says it has signed an agreement with Giesecke Devrient (GD) to implement...Read More
Ghana Vice President Praises Central Bank’s CBDC Initiative, Says Digital Currencies Can Boost Intra-African Trade 2 min read AFCFTA Ghana Vice President Praises Central Bank’s CBDC Initiative, Says Digital Currencies Can Boost Intra-African Trade admin July 30, 2021 The Ghanaian Vice President, Mahamudu Bawumia, has implored African governments to start exploring digital currencies as such...Read More
Bank of Ghana Deputy Governor Says ‘Central Bank Digital Currency Is Fiat Money,’ Reveals Pilot Phase Will Start September 2 min read Bank of Ghana Bank of Ghana Deputy Governor Says ‘Central Bank Digital Currency Is Fiat Money,’ Reveals Pilot Phase Will Start September admin July 12, 2021 Ghana’s proposed central bank digital currency is similar to fiat cash and therefore financial institutions, as well...Read More
Ghana Regulator Labels Crypto Transactions Illegal— Urges People to ‘Stay Away From Them’ 2 min read Bank of Ghana Ghana Regulator Labels Crypto Transactions Illegal— Urges People to ‘Stay Away From Them’ admin May 4, 2021 Ghana’s Securities and Exchange Commission (SEC) recently warned residents of the West African country to avoid cryptocurrency...Read More