maintains year-end sub-20% inflation rate projection By Joshua Worlasi AMLANU [email protected] The Bank of Ghana (BoG) has maintained its benchmark Monetary Policy Rate (MPR) at 29 percent following its May 2024 meeting, to anchor inflation expectations and prevent the recent cedi depreciation from becoming entrenched. The Bank of Ghana’s Monetary Policy Committee (MPC) judged that […] The post

The President of the Ghana Association of Bankers (GAB), Mr. John Kofi Adomakoh, who is also the Managing Director of GCB Bank PLC, recently addressed attendees at the GAB Stakeholder Engagement Event on Advance Payment held at the Ecobank Head Office recently, urging them to collaborate in order to find solutions to the challenges related […] The post GAB

The resurgent Venture Capital Trust Fund is not only providing financing that ensures the commercial growth and sustained viability of beneficiary SMEs; it is actually establishing a new financial industry that enables SMEs to access equity finance rather than inordinately expensive debt finance. TOMA IMIRHE examines the potential for this to re-invent the growth trajectory […] The post