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AUGUST 2023 ISSUE #8

The JCS Journal

THE JCS JOURNAL

THE MONTHLY NEWSLETTER OF JCS INVESTMENTS LIMITED

 

This Month’s Newsletter entails:
  • The current inflation rate and monetary policy rate as provided by the Bank of Ghana.
  • News highlights on the financial and banking sector of the Ghanaian Economy.
  • Details on a new book released by the CEO of JCS Investments Ltd.

 

NEWS HIGHLIGHTS

CURRENT INFLATION RATE: 43.1%

CURRENT MONETARY POLICY RATE: 30.0%

 

BII launches US$50 million initiative to boost SME growth

British International Investment (BII), the UK’s development finance institution (DFI) and impact investor has introduced an initiative called Growth Investment Partners Ghana (GIP) in a bid to unlock the economic potential of local businesses. 

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Banking industry demonstrates stronger performance during the first half of 2023

Data released by the universal Banks in the country during the second quarter(Q2) of 2023 affirmed stronger industry performance relative to the second quarter (Q2) of 2022. 

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T-bills: Government to borrow GHC2.33 billion this week, narrowly misses target

The government has set a target of GHC2.33 billion for its treasury bill auction. The government expects to get this from the 91-day, 182-day and 364-day bills.

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CONTINUE READING……

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