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ECONOMY-FINANCE

Franklin Cudjoe writes: Ekumfi juice cannot compete with juice from any of these countries on price.

Monetary Policy Committee (MPC) is one of the significant structures of Bank of Ghana (BOG).

  10 months ago ago
Franklin Cudjoe writes: Ekumfi juice cannot compete with juice from any of these countries on price.

ECONOMY-FINANCE

GHC 1 AND GHC 2 notes to be phased out by Bank of Ghana

The Bank Of Ghana Governor, Dr. Ernest Addison, at the Monetary Policy Committee (MPC) briefing on Monday 27 September 2021. Following its 102nd regular meeting, last week has announced that it would soon stop producing and circulating the 1 GHC and 2 Ghc notes to tackle the defacement of the currency denominations.

  3 months ago ago
GHC 1 AND GHC 2 notes to be phased out by Bank of Ghana

ECONOMY-FINANCE

Bank of Ghana to phase out 1 and 2 Ghana cedis notes soon.

The central bank of the republic of Ghana has hinted their plans to phase out the Ghana one and two cdis notes in the system very soon. This was disclosed by the governor of the central bank Dr Thomas Addison. According to the governor of the central bank, these notes will be replaced by their respective coins.

  3 months ago ago
Bank of Ghana to phase out 1 and 2 Ghana cedis notes soon.

POLITICS

1st Deputy Governor of BoG debunks claims of government interference

First Deputy Governor of the Central Bank of Ghana, Dr. Maxwell Opoku-Afari has outrightly refuted claims that the government interferes in the operations of the BoG.  According to Dr. Afari-Opoku, he cannot fathom where this perception of interference by the government in determining monetary policies emanates from since they are unfounded and cannot be substantiated.  Appearing on Accra-based MX 24’s Spotlight show on Tuesday, the deputy governor justified his opposition to this perception making reference

  1 year ago ago
1st Deputy Governor of BoG debunks claims of government interference

ECONOMY-FINANCE

GHC1 And GHC2 Notes Appears Weak And Torn And Has To Be Replaced: BOG

The GHC1 and GHC2 will be going a gradual process of fading out of the system the gradual reduction of a tax credit that a tax payers are eligible for as their income approaches the upper limit to quality for that credit. The One cedi and two cedis note were produced for a purpose and at last they have served it purpose rightfully and there is no need to keep spending such monies in the system.

  3 months ago ago
GHC1 And GHC2 Notes Appears Weak And Torn And Has To Be Replaced: BOG