The decision by the Bank of Ghana (BoG) to reduce its benchmark policy rate to 14 percent was not unanimous – a case of diverging views within the Monetary Policy Committee over the appropriate pace of easing. Details from the March 2026 MPC meeting show that five of the six members voted to cut the policy rate by 150 basis...
At the launch, Governor Dr. Johnson Asiama said that the framework is not just regulatory guidance but a commitment to every individual or business who entrusts their financial data to the sector. “A Safer and More Resilient Digital Financial Industry,” he said, “is the central pillar of our regulatory philosophy.” The CISD 2026 focuses on robust governance, clear accountability and proactive...
Governor of the Bank of Ghana, Dr. Johnson Asiama, has cautioned that Africa risks fragmented financial growth if countries fail to integrate their systems, stressing that the continent’s future depends on aligning innovation, investment and regulation.Remove ads Speaking at the official launch of the 3i Africa Summit 2026 in Accra on March 24 2026, he underscored the need for interoperable...
Ghana’s Securities and Exchange Commission (SEC) has admitted 11 companies into its regulatory sandbox to test a range of digital asset products, as the regulator gathers real-time data to finalize comprehensive rules for the emerging market.Speaking on TV3’s Business Focus on March 23, 2026, Deputy Director-General of the Securities and Exchange Commission, Mensah Thompson said the selected firms are...
The Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has cautioned that Africa could face fragmented financial growth if countries fail to integrate their financial systems, urging stronger coordination in fintech development, policy alignment, and cross-border infrastructure. Speaking at the official launch of the 3i Africa Summit 2026 in Accra, the Governor stressed that the continent’s next...
Four out of six members of the Monetary Policy Committee voted for 150 basis points cut in the policy rate to 14.0%. This was captured in the Monetary Policy Committee (MPC) decision report submitted by the Bank of Ghana. However, one of the members voted for a 75 basis points cut, while the other member wanted the rate to be kept...
The average lending rate in Ghana remained high despite falling to 19.7% in February 2026. This is compared with 30.12% in February 2025. According to data from the Bank of Ghana, the average lending rate declined month-on-month from January 2025 to May 2025. It, however, increased marginally in June 2025 but took a nosedive since then till the rest of the...
The value of mobile money transactions as at February 2026 increased to 447.4 billion cedis compared 316.2 billion cedis in the same period last year. This was captured in the latest Summary of Economic and Financial Data released by the Bank of Ghana on March 17, 2026. The data also showed that the number of transactions increased to 899 million...
The Bank of Ghana (BoG) is considering extending the recapitalisation deadline for one of two banks currently struggling to meet the minimum capital requirements, Governor Dr. Johnson Pandit Asiama has disclosed. Even though, Dr Asiama did not reveal the names of the banks, he indicated that the central bank is taking a measured approach based on the progress made by...
The Financial Stability Advisory Council (FSC) convened its first meeting on 11th March 2026, to assess developments in Ghana’s financial sector.The meeting, which marked the 26th meeting of the High-Level Council, focused on emerging financial sector risks and regulatory and policy initiatives to address these risks and safeguard financial stability. The meeting discussed industry developments in each sub-sector, including performance,...
