Tag: Central Bank
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The cost of Israel’s conflict with Hamas is projected to be US$53 billion
The current conflict with Hamas will cost Israel about 197 billion shekels (around 53 billion U.S. dollars), according to a forecast issued by the...
BoG fines Zeepay Ghana Limited, suspends Forex license
The Bank of Ghana (BoG) has fined Zeepay Ghana Limited for breaching the Inward Remittance clause and ForeignExchange Act.
On remittance, Clause 7.3(a) states that...
Tanzania’s economic growth for 2023 expected to rise by 5.3 percent
Tanzania's central bank announced on Tuesday that the East African nation is on track to achieve the projected economic growth of 5.3 percent in...
Interest rate increases in affluent nations have an impact on Kenya’s economy: central bank
The tightening of monetary policy in advanced economies has had a great impact on Kenya's economic and financial conditions, the Central Bank said Monday...
Thousands of Ghanaians protest against alleged mismanagement of central bank
Thousands of Ghanaians took to the streets in the national capital of Accra Tuesday, protesting against the alleged mismanagement at the Bank of Ghana,...
