Page 122 - Financial Data News Today

Ghana's score of 56 on the Paying Taxes indicator in the last Doing Business Report is lower than the average 57.8 for Sub-Saharan...

In a move to secure fair compensation for their services, Mobile Money Agents Associations in Ghana have announced a temporary measure to restrict...

Mobile Money Agents To Limit Cash Withdrawals To GH₵1,000 Per Transaction

Financial discipline and planning are the backbones of startup success.

An estimated 14.1 percent of U.S. households were underbanked in 2021, according to the FDIC, leaving many with little access to financial offerings like credit & loans.

According to the November 2023 Summary of Economic and Financial Data, the average lending rate declined from March 2023 to May 2023, and remained within the 31% bracket till September 2023.

The figures from the Central Bank showed that the month of October 2023 recorded the biggest mobile money transaction value of ¢179.2 billion.

  Ghana’s public debt has fallen to GHS 567.3 billion as of September 2023. This is a GHS14.2 billion decrease...

The Bank of Ghana has disclosed that the cedi lost about 25.8% in value against the US dollar from January to November 2023.

According to the Bank of Ghana’s September 2023 Summary of Economic and Financial Data, the reserves grew from $1.406 billion (0.7 months of import cover) in April 2023 to $2.162 billion (1.0 month of import cover) in May 2023 and $2.235 billion in June 2023 (1.0 month of import cover) respectively.