Absolute debt add on, trapped and bully taxes and levies in the 2021 budget —Prof. John Gatsi
Finally, the public debt figure is out. It is Ghc291.6billion which is 139% more over the 2016 public debt figure
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Banking
Listed banks given up to April 30th to file audited financial statements
Listed banks on the Ghana Stock Exchange have been granted one month extension to file their 2020 audited financial statements.
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AfDB, Japan support Mauritius with $289 million loan facility
The Japanese government through the Japan International Cooperation Agency (JICA), together with the African Development Bank Group (AfDB), have provided
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Kenya: Banks cut deposit rates to eight-year low
Interest on fixed deposits dropped to an eight-year low on bankers’ reduced appetite for savings following a slowdown in demand
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New US financial crimes rules intensify risks for non-US banks
Significant revisions to US anti money-laundering (AML) rules intensify financial crime risks for non-US banks by increasing the scope of
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Barclays lifts 2021 oil price outlook on tighter U.S. supply view
Barclays raised its 2021 oil price forecast on Thursday, citing weaker than expected supply response from U.S. producers to higher
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Sovereign still the key pressure on South African bank ratings
South Africa’s sovereign rating (BB-/Negative) remains the key pressure on the country’s bank ratings, Fitch Ratings says, as aggregated banking
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UBA Ghana iterates commitment to provide fast and secure remittance service with Africash
UBA Ghana, a Pan-African financial institution, has reiterated its commitment to provide fast, secure, reliable and convenient remittance services across
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BoG Unveils Sandbox Pilot
The Bank of Ghana (BoG) has launched a regulatory and innovation sandbox pilot. According to the Bank in a release,
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SMEs need to master ICUMS in order to attract credit and benefit from AfCFTA
Managing Director of FBNBank, Victor Yaw Asante, has stated that SMEs need to master the Integrated Customs Management System (ICUMS)
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BoG projected to cut policy rate by 1% in next MPC meeting
The Bank of Ghana’s (BoG) Monetary Policy Rate (MPR) is expected to be reduced by 100 basis points – 1
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