Business News

Business News

Bank of Ghana Posts GH¢9.49 Billion Operating Loss in 2024: A Reflection of Structural and Policy Pressures

Accra, Ghana – The Bank of Ghana (BoG) has reported an operating loss of GH¢9.49 billion for the 2024 financial year, signaling mounting fiscal and policy pressures confronting the central bank amidst ongoing macroeconomic volatility. The loss—disclosed in the bank’s published financial statements—is largely driven by costly monetary policy operations […]

Business News

Gov’t Guarantees GH¢6.1 Billion for District Development, Boosts Key Funds

Accra, Ghana – The government has guaranteed the direct disbursement of approximately GH¢6.1 billion out of a total GH¢7.57 billion earmarked for 2025, specifically to stimulate local economic activities at the district level. President Mahama’s Cabinet has approved comprehensive guidelines to ensure the prudent and accountable utilization of these substantial […]