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Value of momo transactions drops to Ghc 316bn in February 2025

According to the Bank of Ghana's Summary of Economic and Financial Data for March 2025, mobile money transactions in the nation fell from GHC 333 billion in January to GHC 316 billion in February 2025. In comparison, a larger transaction value of GHC 334.8 billion...

Mobile money transactions hit GH¢649.2bn in only 2 months of 2025

In the first two months of 2025, the total value of mobile money transactions rose to GH¢649.2 billion. This was an increase of 64.68% from the previous year. The expected total value of mobile money transactions in the first two months of 2024 was GH¢394.2 billion. The...

New book on Monetary Economics launched to guide policy in emerging markets

To shed new light on monetary policy in developing nations, a ground-breaking new book titled Monetary Economics in Emerging and Developing Countries has been released. Prominent academics Dr. Lakshmy Subramanian, Professor Peter Quartey, Professor Joseph G. Nellis, and Professor Joshua Yindenaba Abor wrote the book,...

Chamber of Mines petitions Parliament over Growth and Sustainability Levy hike

The Ghana Chamber of Mines has officially petitioned the Finance Committee of Parliament to reexamine the Growth and Sustainability Levy's projected rise from 1% to 3%, as stated in the Budget Statement for 2025. According to the Chamber, the steep increase may have a big...

Govt to launch unified digital platform for youth empowerment

In order to give young entrepreneurs easy access to information about programs, funding opportunities, and investment potential, the government plans to build a comprehensive digital platform that will combine all 21 ministries. At the AgriBiz Youth and Women Dialogue in Accra, George Opare Addo, Minister...

Finance Minister Engages Banking Leaders on Economic Stability and Growth

In a crucial meeting with more than 22 bank managing directors on March 20, 2025, Finance Minister Dr. Cassiel Ato Forson discussed the country's economic future. The discussion focused on strengthening budgetary restraint, promoting sustainable growth, and reestablishing macroeconomic stability. This high-level involvement shows...